Earnings calendar strategy for silver miners
The guest argued that buying select profitable silver miners shortly before June earnings announcements and selling shortly after has historically yielded positive returns due to rising EPS expectations.
The argument
The guest explained that higher precious metals prices compared to the prior year drive analyst forecasts higher. By filtering out unprofitable or high-PE miners, investors can target lower-risk options like McEwen Mining, SSR Mining, and Pan American Silver.
The thesis, stress-tested
✓ What validates it
- ✓Earnings reports showing significant EPS growth in July/August
- ✓Precious metals prices trending sideways or upwards during the earnings window
▸ Risks discussed
- ▸Precious metals prices dropping significantly before earnings
- ▸Depletion of mining reserves over the long term
Hear it yourself
"lose hope on the gold and silver sector just yet, both the metals and the miners. That's the message of my guest today, Clive Thompson, as he reveals the catalyst he's watching that he believes will send both metals much higher up ahead. He also breaks down his top four picks in the gold and silver mining space, why he thinks they'll perform up ahead."
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