New Trade for March 22nd, 2023

Gold prices have ripped higher over the past couple of weeks, and experts expect momentum to continue as investors look for safe havens amid economic uncertainty. It may be a bumpy year, but the overall outlook for gold in 2023 is positive.  

Investors looking to expand their precious metals position would do well to include operations with smaller market caps for their growth potential and as portfolio diversifiers. Today we’ll take a look at a low-priced gold stock that seems well-positioned for the next leg up.

Stansberry Research:

Gold is SOARING – here’s what you need to do

Everything is lining up perfectly for a historic gold bull run. One gold expert says he’s found the best way to get in, for less than $10.​

[Full Story…]

Centerra Gold Inc. (CGAU) operates, explores, develops, and acquires gold and copper properties in British Columbia, Canada, and Turkey. As of Dec. 31, 2022, the company had roughly 4.9 million ounces of gold reserves. Centerra said it produced almost 244,000 ounces of gold in 2022. CGAU has a trailing twelve-month P/E ratio of just 5.6.

[stock_market_widget type=”accordion” template=”extended” color=”#5679FF” assets=”CGAU” start_expanded=”true” display_currency_symbol=”true” api=”yf”]