Cash Is King & These 4 Canadian Gold Miners Will Give It To You

TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

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The free cash flow yield is a metric to evaluate the return you will likely get on a stock given the current market price, assuming free cash flow stays constant. It is also a valuation metric, which is useful when comparing the free cash flow yields on multiple companies. A high yield is good because it means you are paying less for the company’s cash flow relative to the other companies.

Today we have identified four Canadian gold miners that have high free cash flow yields.(All figures in Canadian dollars)

1. Alio Gold Inc. (TSX: ALO)(ALO)

Alio Gold Inc., formerly Timmins Gold Corp, is a Canada-based gold producer engaged in the operation, development, exploration, and acquisition of resource properties in Mexico through its subsidiaries, Timmins Goldcorp Mexico, S.A. de C.V. and Molimentales del Noroeste, S.A. de C.V. (MdN)...

  • Market Cap: $264,232,049
  • Free Cash Flow: (LTM): $52,650,226
  • Free Cash Flow Yield: 19.9%

2. Metanor Resources Inc. (TSXV: MTO)(OTC: MEAOF)

Metanor Resources Inc. is engaged in the acquisition, exploration and development of mining properties, as well as the commercial production of the ore reserves of its Bachelor Lake and Hewfran properties...northeast of the city of Lebel-sur-Quevillon, Quebec, Canada...

  • Market Cap: $66,463,388
  • Free Cash Flow: (LTM): $11,652,350
  • Free Cash Flow Yield: 17.5%

3. Premier Gold Mines Ltd. (TSX: PG)(OTC: PIRGF)

Premier Gold Mines Limited is a Canada-based mineral exploration company focused on exploring for and developing gold deposits in northern Ontario, Canada and the Lander & Elko counties of Nevada, USA...

  • Market Cap: $611,223,898
  • Free Cash Flow: (LTM): $78,480,230
  • Free Cash Flow Yield: 12.8%

4. Aura Minerals Inc. (TSX: ORA)(OTC: ARMZF)

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Disclosure: Neither the author nor any of the principals at Small Cap Power, or their family members, own shares in any of the companies mentioned above.

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