Gold miners would have strongest profit margins in market today, Otavio (Tavi) Costa says

Gold miners would have strongest profit margins in market today, Otavio (Tavi) Costa says
Gold miners strong balance sheets and margins

Otavio (Tavi) Costa described gold miners as a sector that would currently have the cleanest balance sheets, the strongest profit margins, and the most attractive valuations in the market. Costa is a portfolio manager at Crescat Capital. No independent factual development was reported.

Costa previously said gold miners offer the highest free cash flow yield among U.S. equities, describing the sector as the cheapest by comparison at around a 10% yield (link). He also compared the recent gold correction to the drop seen in 2008 and called the pullback a potential opportunity (link). These recent views follow his latest assessment of sector conditions.

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