Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Faircourt Gold Income Corp., a closed-end equity fund managed by Faircourt Asset Management Inc., primarily invests in publicly traded Canadian companies. The fund specifically targets businesses within the precious metals sector, with a strong focus on gold mining and exploration enterprises. Its portfolio predominantly comprises shares of established and intermediate gold producers that are components of the S&P/TSX Global Gold Index, which also serves as the benchmark for its performance. This Canadian-domiciled corporation was founded on November 16, 2007.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, 'cheap'