USA News Group News Commentary
Issued on behalf of RUA GOLD Inc.
VANCOUVER, BC, June 6, 2025 /CNW/ -- USA News Group News Commentary – Gold mining stocks are still too cheap, according to analysts at JP Morgan. In their latest note, JP Morgan tentatively sees $4,100 per ounce gold prices for 2026, and based on that estimate foresees plenty of value in gold mining shares from larger producers all the way down the chain to small- and mid-cap companies. Analysts at Jefferies still think things are out of balance, pointing to a historic valuation gap, with many gold equities still priced as if bullion were stuck at $2,500 an ounce. As gold rises, other analysts are calling for a mining equities breakout, leading to extra attention on miners of all sizes, including RUA GOLD Inc. (TSXV:RUA.VN) (OTC-BB:NZAUF), Great Pacific Gold Corp. (TSXV:GPAC.VN) (OTCQX:FSXLF), 1911 Gold Corporation (TSXV:AUMB.VN) (OTCBB:AUMBF), Fortuna Mining Corp. (NYSE:FSM) (TSX:FVI.TO), and Seabridge Gold (NYSE:SA) (TSX:SEA.TO).
Read more at newswire.ca