Friday, June 14, 2024

The TOP Gold Stock to Watch in 2024

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An extended gold rally could mean big things for emerging gold-focused small-cap!

A continued bull rally for Gold could put Nevada Canyon Gold (OTC: NGLD) into the spotlight, a company designed to be a unique and lower-risk investment opportunity while retaining upside value!

Gold entered the new year on a bullish note and has been hitting new record highs. The precious metal could be headed for a breakout rally this year with J.P. Morgan analysts seeing the yellow metal hitting an all-time high of US$2,300 by 2025! "Across commodities, for the second consecutive year, the only structural bullish call we hold is for gold and silver," said Natasha Kaneva, head of global commodities strategy at J.P. Morgan. When it comes to gold, there are many ways to benefit from its rising price that do not include owning an actual bar of gold. There are mining companies, ETFs, and royalty firms. This includes Nevada Canyon Gold Corp. (OTC: NGLD) which has a unique combination of royalty and streaming business stability and accelerator business competitive advantage.

By partnering with capable operators and people, Nevada Canyon Gold Corp. (OTC: NGLD) focuses on building and managing a diversified, cash-flowing portfolio of precious metal assets and properties. With a growing portfolio and experienced management, NGLD may be one of the most strategic entrances into the gold boom! The company has a unique combination of royalty and streaming business stability and accelerator business competitive advantage. Did you know that stream and royalty financing has become a mainstream source of capital for the global mining industry? Franco Nevada is one of the largest royalty and streaming companies by market cap, and since its IPO, has outperformed the Nasdaq, S&P 500, and the price of gold! Other big royalty and streaming companies include Royal Gold, Inc. and Wheaton Precious Metals Corp. These companies have market caps in the multi-billions of dollars.

See how these big players only showcase the growth potential that NGLD may have ahead!

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