Adrian Day

Adrian Day Asset Management
http://adrianday.com

Recent Articles

Strong Cash Flows but Higher Costs for Resource Companies 11/15/2024

Global Analyst Adrian Day reviews financial results from a slew of companies on his list, mostly resource companies.

Once Again, Agnico Shows Why It Is Top Miner 11/11/2024

Global Analyst Adrian Day reviews results from two high-quality companies, a gold miner and a global blue chip. He also looks at changes in gold trends.

Barrick Disappoints Again; Looks for Strong Q4 11/04/2024

Global Analyst Adrian Day reviews financials and preliminary reports from some major resource companies as well as developments at others. He also answers a reader's question on Newmont: is it a good buy after the sharp drop after its earnings?

Lara's Resource Study Shows Project Potential 10/21/2024

Global Analyst Adrian Day focuses on the eagerly awaited resource estimate for Lara Exploration Ltd.'s (LRA:TSX.V) Planalto copper project, and how it might develop. He also looks at recent announcements from some other companies on his list.

Global Stimulus Will Boost Gold Further 10/16/2024

Global Analyst Adrian Day looks at the current state of play for the gold market and explains why gold stocks are just at the beginning of their bull run. He also looks at recent developments from some of the companies on his list.

Gold Could Correct in Coming Week or Two 10/07/2024

Global Analyst Adrian Day reviews recent developments at some of the companies on his list, along with some of the insights he gained at the recent gold conferences in Colorado.

The Gold Bull Market Is Far From Over 09/30/2024

After returning from two major gold conferences in Colorado, Global Analyst Adrian Day discusses some overall impressions of the state of the market gleaned from the conferences and shares a few top buys on his list.

Orogen Sees Income up Again on Royalty Growth 09/10/2024

Global Analyst Adrian Day shares a few updates from stocks on his list.

Nestle Shocks Market With CEO Changes 09/03/2024

Global Analyst Adrian Day reviews recent developments and earnings from several non-resource companies, some with strong dividend yields.

Franco-Nevada Stock Down in Overreaction to Weak Results 08/23/2024

One up, two down in the latest earnings reports from gold companies, though all three are looking for growth in the rest of the year.

Diverse Issues Offset Mostly Strong Revenues 08/16/2024

Global Analyst Adrian Day reviews results from six major resource companies, four of which are royalty companies.

Agnico Beats With Higher Production and Lower Costs 08/07/2024

Global Analyst Adrian Day discusses quarterly reports and updates from some resource companies on his list, mostly positive, with some still being rated good Buys.

Overreaction to Results Offers Opportunity 07/31/2024

Global Analyst Adrian Day reviews quarterly results and other developments at several companies on his list, mostly his global holdings.

Franco and Osisko Team up for High-Potential Stream 07/26/2024

After extensive travel, including two conferences in the last few weeks, Global Analyst Adrian Day updates us on the news from companies on his list.

Agnico Lays Out Plans for Million-Ounce Producer 06/26/2024

Global Analyst Adrian Day discusses some recent updates on some of the companies on his list.

Money Manager Says Buy This Co. At a Limit of $0.37 06/24/2024

Global Analyst and Money Manager Adrian Day shares his latest recommendation, Fox River Resources Corp. (FOX:CNSX).

Global Analyst Shares Last Opportunity To Buy a Potential Takeover 05/30/2024

Global Analyst Adrian Day reports on a seemingly minor but actually significant development at one of his top holdings, as well as an opportunity to buy a global blue chip on sale.

It Keeps Getting Better 05/22/2024

Global Analyst Adrian Day takes a look at the Silicon-Merlin deposits and the royalties held by two companies on his recommended list, Orogen and Altius. He calculates what they may be worth. He also looks at results and developments at other companies, including two global companies on his list.

Resource Companies Report Strong Results 05/15/2024

Several resource companies on Global Analyst Adrian Day's recommended list reported first-quarter results last week.

Gold Co. Beats Estimates as Panama Goes to the Polls 05/08/2024

Global Analyst Adrian Day looks at quarterly results from a couple of gold majors, as well as mostly positive developments at some others.

Gold Co. Shows Once Again Why It Is Best in Class 05/01/2024

Global Analyst Adrian Day discusses good news at three of his major resource holdings. He notes that Agnico knocked it out of the park, Anglo upped the value of Orogen-'s royalty again, and Osisko had a major stream asset get bigger.

Newsletter Writer Shares Three Explorers To Buy 04/26/2024

Global Analyst Adrian Day reviews three of his favorite junior exploration stocks, which he believes are all Buys.

Barrick's Production Miss Not So Bad? 04/24/2024

Global Analyst Adrian Day looks at more first-quarter results from some resource companies, as well as some positive exploration results that, according to him, could extend a mine's life.

Franco Will Increase Production Without Cobre Panama 04/17/2024

Global Analyst Adrian Day looks at first-quarter results from three resource companies, as well as recaps Francos annual "investor day." Overall, he believes the results were positive.

Investors Move Toward Gold 04/10/2024

Global Analyst Adrian Day looks for signs that investors are finally turning to gold, and provides an update on developments at a couple of stocks on his list.

Are Stocks Near Their Top? 04/03/2024

Global Analyst Adrian Day looks at the overvalued U.S. stock market, and indications that he believes it may be about to break. He also looks at year-end financials from another royalty company.

What To Do with a Crown Jewel? 03/20/2024

Global Analyst Adrian Day reviews year-end financials from the last of his companies to report, as well as looks at other news. Since both of these companies both core holdings for him had previously pre-announced certain metrics, financial results came in as expected.

Chinese Buyers Join Central Banks To Drive Gold Higher 03/13/2024

Global Analyst Adrian Day looks at recent changes in gold demand, as well as report on year-end financials from a couple more companies on his list.

Great Discovery Gets Bigger for Royalty Holders 02/28/2024

Global Analyst Adrian Day reviews year-end financials from several companies in the resource and global markets. Most of them had some disappointing news in their results, according to Day, but he leads with a junior that received some unvarnished great news.

Financial Beats at Gold Companies 02/21/2024

Global Analyst Adrian Day reviews year-end financials from three major gold companies on his list. Although he believes there were some negative aspects, they were for the most part positive.

Double-Digit Yields Available 02/14/2024

Global Analyst Adrian Day reviews recent earnings from some high-yielding stocks, domestic and foreign, as well as looks at recent developments at a few resource companies on his list. He notes that the recent decline in resource stocks presents several buying opportunities.

The Feds Dovish Tilt Means Patience Is Required 02/07/2024

Global Analyst Adrian Day comments on Jerome Powell's latest press comments and looks at recent developments from a few companies on our list of current recommendations.

Barrick Misses Again, With Higher Costs 01/31/2024

Several resource companies provided preliminary fourth-quarter results, with mostly misses on guidance (notwithstanding higher production), higher costs, and weak outlooks for 2024. Global Analyst Adrian Day believes market reactions were overdone, however, making for some very good buys.

New CEOs Are Brought in at Osisko and Lara 01/17/2024

Global Analyst Adrian Day discusses revenue misses and new CEOs as gold companies turn a leaf on the old year.

Feds Pivot Before Inflation Is Quashed To Bring Changes 01/10/2024

Global Analyst Adrian Day takes a look at what changes may lie ahead in the coming year, and how his "current positions" portfolio fits with this anticipated scenario.

Nestle Looks To Healthful Foods To Change Image 01/03/2024

Global Analyst Adrian Day catches up on news from two stocks.

Osisko Pursues Clearer Path: Better Late Than Never 12/20/2023

Several resource companies reported good news this past week, much of it long anticipated but welcome all the same. After the run-up in stock prices this month with the increase in the gold price and following the news, Global Analyst Adrian Day shares his recommendations.

Another Exploration Success for Midland 12/13/2023

Global Analyst Adrian Day reviews news from three of the companies on his list and answers some reader questions.

Francos Woes Continue, Yet Its a Strong Buy 12/08/2023

As gold slips back from new record highs, a record close on Friday, and new high Monday morning, one of Global Analyst Adrian Day's favorite gold holdings has slumped.

Wheaton's Largest Asset Makes Progress 11/30/2023

Global Analyst Adrian Day reviews large developments at four royalty companies.

Mixed Results at Major Resource Companies 11/22/2023

Global Analyst Adrian Day reviews more of the recent quarterly results and other developments from more of the gold and resource companies on his list. Some of these (Barrick and Royal) are from the beginning of the month. Day didnt review all the companies last week, focusing on those with more significant news or that were "Buys" at the time. This week, he completes the review of quarterlies as well as companies with other developments.

Gold Stocks Watch: Earnings Season Brings Volatility 11/17/2023

Global Analyst Adrian Day notes that recent earnings reports from gold and precious metals companies reflected lower production and higher costs amid macroeconomic uncertainty. However, strong balance sheets position leading royalty companies to acquire assets.

Developments Overshadow Results for Resource Companies 11/15/2023

Global Analyst Adrian Day reviews developments at several resource companies on his list. Although there has been some negative news and disappointing quarterly results, Day believes many exciting potential developments are ahead.

Precious Metals Miners Face Challenges and Opportunities 11/07/2023

Precious metals mining companies like Agnico Eagle Mines and Franco-Nevada face production issues, but well-capitalized miners are still finding attractive assets.

Agnicos Production Hit and Costs Up, but Outlook Good 11/01/2023

Global Analyst Adrian Day discusses some set-backs at several major mining companies, as well as stellar results from a top business development company.

Nestle Sees Real Growth Down, on a Strong Swiss Franc 10/25/2023

Global Analyst Adrian Day looks at seemingly weak results from two of his core holdings, in each case with a brighter outlook and an opportunity to buy.

Gold Moves up on Rates as Well as Mid-East 10/18/2023

Several larger mining companies reported preliminary quarterly results this week, mostly production numbers, with full financials to follow, as has become the norm in recent years. Below, Global Analyst Adrian Day looks briefly at these, as well as the gold market in general.

Gold Co. Loses Partner but Value Enhanced! 10/11/2023

Global Analyst Adrian Day takes a look at positive news from three of his favorite resource stocks.

Outlook For Stocks and Gold After Q3 Declines 10/05/2023

Adrian Day, the president of Adrian Day Asset Management, shares a review of the current state of the market. He notes that markets fell in the third quarter as the Fed remained hawkish, though risks may ease next year as growth slows and inflation returns.

Gold Has Fallen but Stocks Are Cheap 10/04/2023

Global Analyst Adrian Day looks at why gold has fallen and suggests it may have further to go. Meanwhile, he takes a look at some gold stocks, which are currently very inexpensive.

Why Are the Stocks So Cheap Relative to Gold? 09/28/2023

Global Analyst Adrian Day discusses some of the highlights of meetings he had with senior gold mining executives at two recent industry conferences.

Nova To Be Acquired by Metalla at 25% Premium 09/13/2023

Global Analyst Adrian Day discusses the recent offer by Metalla Royalty for Nova Royalty Co.

Two Must-Own Companies With a Shared Asset 09/06/2023

Global Analyst Adrian Day looks at two of his favorite companies, both of which have royalties on the same asset.

Gold Company Earnings Mostly Positive 08/30/2023

Global Analyst Adrian Day reviews quarterly earnings reports from several gold companies, most of which were positive, notwithstanding some difficulties. Several are good buys, according to Day.

Company Updates Reveal Strong Buys 08/16/2023

Global Analyst Adrian Day shares updates from several companies this week, both quarterly results and other news. In addition, recent technical difficulties delayed the writing and made this briefer than otherwise. Day aims to send another Bulletin in the coming days with more company updates, and he is also working on an article on the factors that move gold. Day also has more stocks on his list that can be bought currently than he had thought for a while.

Blue Chip Companies See Unexpected Growth 08/02/2023

Global Analyst Adrian Day looks at two top companies that, once again, outperformed expectations. He says, good things come from good companies!

Lower Revenues for Altius, but Outlook Positive 07/26/2023

Global Analyst Adrian Day provides brief updates on two of his favorite resource companies. He also looks at very disturbing activity by banks in England, which he believes is a foretaste of what we can expect once Central Bank Digital Currencies come into force.

Barrick Little Light on Output, on Track for Year 07/20/2023

Global Analyst Adrian Day looks at production results from some gold companies; all will have full financials to follow. With gold and silver stocks jumping in the last week the XAU was up over 7% to its highest level since mid-May we are not chasing now.

CEO's Sudden Departure Raises Concerns 07/12/2023

Adrian Day discusses the surprising dismissal of the CEO at one of his favorite gold royalty companies.

Osisko Adds High-Potential Copper Royalty 07/05/2023

Global Analyst Adrian Day reports on recent acquisitions by two of the royalty companies on his list. Day believes both transactions are positive, and he wants to add to positions.

Agnico Updates Plans for Malartic, Increasing Mine Life 06/28/2023

Global Analyst Adrain Day looks at recent developments at three of his favorite gold companies, one large miner, one royalty generator, and one exploration company. Day believes all three are good buys here.

Equity Markets and Gold After the Fed Pause 06/21/2023

Global Analyst Adrian Day looks at the impact of the Federal Reserves decision to pause raising rates on the markets. And Day updates recent developments at several companies, with several resource companies making attractive asset acquisitions. There are some good buys, according to Day. Resource stocks have given back sufficiently from their early May highs, and the outlook is a little clear.

Orogen Makes High-Potential Acquisition 06/07/2023

Global Analyst Adrian Day discusses a potential company-maker deal by one of his favorite companies. Although the stock moved up a little on the news, it remains below where it traded a month ago and well within its 2023 range, Day notes.

Wheaton Buys New Stream, Continuing Recent Trend 05/24/2023

Two new acquisitions and a string of resignations, along with more quarterly results, have led global analyst Adrian Day to share his thoughts with us. It's been a busy week for some of the companies on his list.

Osisko's Stock Run-up Justified by Growth Ahead 05/17/2023

Global analyst Adrian Day looks at quarterly financials from some of his favorite resource companies. Most had pre-released production, so there were not so many surprises but some insights. There are a few Buys among them.

Recent Acquisitions Pay Off for Royal Gold 05/10/2023

Global analyst Adrian Day looks at the quarterly results from three large royalty companies, a large miner, and a development company. Most of the companies had pre-released production and costs (except Franco) so Day notes few surprises when the full quarterlies came out. Day continues to be cautious in buying.

Fed's Next Move Priced In. What Is After That? 05/03/2023

Global analyst Adrian Day looks at gold and last week's Fed meeting, along with recent results from several diverse companies, including a high-yield U.S. company and global blue chip, as well as two gold and silver companies. All are fighting rising costs and a slowing economy, with different effects on different companies.

Gold Correction Underway, but Likely Short Lived 04/26/2023

Adrian Day of Adrian Day Asset Management takes a brief look at the gold market, plus gives an update on recent developments from three resource companies.

Strong Results From Several Miners and Royalty Companies 04/19/2023

Global analyst Adrian Day discusses preliminary first-quarter results from several gold companies, mostly positive, as well as positive developments at two juniors. Given the strong recent moves and the increased risk of a pullback, Day is buying little right now.

Stocks: The Risk Is to the Downside 04/07/2023

Global analyst Adrian Day's last three recent recommendations, two sells and one buy, all filled. Details below. Also, Day comments on one of his companies and takes a look at the sock market.

Buy Nova Royalty With a Limit of CA$1.45, Says Adrian Day 03/31/2023

Global analyst Adrian Day has a new recommendation, a resource company that he believes could become an heirloom holding. His sell of Cartier Resources from his previous article would have filled; Azucar Minerals remains open.

Spring Cleaning 03/27/2023

Global analyst Adrian Day sells a couple of laggards to make room for new recommendations. He also provides brief updated commentary on several companies on his list.

Gold: The Game's Afoot as Something Breaks and the Fed Buckles 03/21/2023

Adrian Day of Adrian Day Asset Management takes a brief look at the likely direction of gold prices and reviews developments at some of the companies on his list, including record results from Franco.

Growth Ahead for Altius, Agnico, Fortuna, and Kingsmen 03/17/2023

As the investment world focuses on banks from Silicon Valley to Credit Suisse, Adrian Day of Adrian Day Asset Management catches up on developments at a few more of the companies on his list.

Things Are Coming Together for Osisko 03/14/2023

Having just returned from two large mining conferences, global analyst Adrian Day reviews results from some large gold and silver companies, as well as news on an exciting project. He plans to catch up with a couple more bulletins in the coming days. For the most part, gold company results were affected by higher costs and some operational hiccups. However, Day believes there have been some positive developments as well, with reason for optimism ahead.

Higher Costs Hurting All Companies: Agnico Sell-Off Overdone for Top Quality Miner 02/21/2023

Global analyst Adrian Day reviews recent results from several companies, a mixed set of results, mostly hurt by higher costs.

Barrick Boosts Reserves by 10% Without Acquisitions 02/14/2023

Global analyst Adrian Day updates us on developments at several of his gold companies, mostly positive, as well as takes a look at a couple of global companies with yields over 9%.

Stocks, the Dollar and Gold Whipsawed on Fed Outlook 02/07/2023

Global analyst Adrian Day discusses last week’s market action, as well as covers recent results and other developments at several of the companies on his list.

Is Gold's Rally Vulnerable, as Fed Readies To Meet? 01/23/2023

Adrian Day of Adrian Day Asset Management reviews recent results from several resource companies, mostly positive, though cost increases are an issue everywhere.

Osisko Has Record Quarter, With Lots Ahead 01/17/2023

Adrian Day of Adrian Day Asset Management reviews preliminary 2022 results from a couple of gold royalty companies and updates us on the ongoing saga in Panama.

Trouble in Tropics for Fortuna and Franco 01/09/2023

Adrian Day of Adrian Day Asset Management discusses updates at some companies, including two experiencing difficulties with local governments. Day believes such incidents often provide opportunities.

Gold and Silver Hold Their Own Among Market Carnage 01/03/2023

The first contributor opinion of the year, Adrian Day reviews the year just ended and looks ahead for where to invest in 2023.

Franco's Largest Asset Is at Risk 12/19/2022

Today, expert Adrian Day gives updates on developments affecting several of his favorite companies, mostly positive but with one potentially damaging piece of news.

Expert Says Gold Is Misunderstood, but It Is Bottoming 12/12/2022

Expert Adrian Day takes a look at gold and discusses why he thinks a turn is very close. Day also recommends his top stocks to buy if you do not already own.

Expert Says, 'Buy Selectively in This Vulnerable Market' 11/29/2022

Today, expert Adrian Day sends a revised Current Positions table, updating dividends paid and current recommendations. Prices are as of early afternoon yesterday.