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National Bank of Canada Provides Estimates for Precious Metals Companies Ahead of Q2 Reporting

BY MT Newswires | ECONOMIC | 07/16/25 10:39 AM EDT

10:39 AM EDT, 07/16/2025 (MT Newswires) -- National Bank of Canada on Tuesday updated estimates across its coverage of precious metals companies ahead of the second-quarter earnings reporting period.

The bank said its estimates are materially higher than consensus forecasts for Agnico Eagle (AEM.TO), Aris Mining (ARMN) , Fortuna Mining (FSM) and Kinross (K.TO). Meanwhile, the bank's financial estimates are substantially below the consensus expectations for Aya Gold & Silver (AYASF) , IAMGOLD (IAG) , SSR Mining (SSRGF) and Torex (TXG.TO).

Companies with target price changes of 10% or more include Dundee Precious Metals (DPMLF) , Elemental Altus (ELE.V), Metalla Royalty (MTA.V), Endeavour Silver (EXK) and EMX Royalty (EMX) .

The bank's top picks among senior producers are Endeavour Mining (EDVMF) and Kinross Gold (KGCRF) , while its top picks among intermediates/juniors are Alamos Gold (AGI) , Artemis Gold (ARGTF) , G Mining Ventures (GMINF) and IAMGOLD (IAG).

For silver companies, National Bank named Aya and Endeavour as its top pick while OR Royalties (OR) is the bank's top pick among royalty companies.

Price: 40.56, Change: -0.38, Percent Change: -0.93

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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