Here are two juniors for precious-metal gains

Article Excerpt

Gold prices drifted down in 2021 as the pandemic lessened and the direction of inflation remained uncertain. Still, for many investors, gold will continue to represent a safe harbour in turbulent times. What’s more, if inflation rises over the next few years—driven by the trillions of dollar that governments have spent to counter the impact of COVID-19— stocks like Lundin Gold and Alamos Gold will attract even more interest. Both these stocks are buys. LUNDIN GOLD, $9.10, is a buy. The miner (Toronto symbol LUG; TSINetwork Rating: Speculative) (www.lundingold.com; Shares outstanding: 233.1 million; Market cap: $2.2 billion; No dividends paid) owns and operates the Fruta del Norte mine in Ecuador. Production began at the newly completed mine in February 2020. In the three months ended September 30, 2021, the company produced 107,663 ounces of gold. That was up 14.2% from 94,250 a year earlier. Lundin Gold’s cash flow per share rose 27.3% in the latest quarter, to $0.42 from $0.33. The higher production and reduced costs offset…