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Stifel Canada維持對G2 Goldfields的「買入」評級，此前該公司已同意被G Mining Ventures收購。

-- 週五，Stifel Canada維持對G2 Goldfields (GTWO.TO)股票的「買入」評級和8.50加幣的目標價。在此之前，該公司同意被G Mining Ventures (GMIN.TO)以價值30億加幣的股票收購。 G Mining Ventures宣布將以全股票交易收購GTWO，收購價格較週三收盤價溢價約80%。該交易總對價為30億加元，即每股10.84加元（每股GTWO可換取0.212股GMIN股票）。我們看好此交易，並指出Oko West和Oko-Ghanie主礦區合併後可望實現年產超過50萬盎司黃金。我們認為此次收購的市淨率約為GTWO的0.66倍（市場普遍預期），高於GMIN在2024年收購RGD時的約0.45倍。此外，我們注意到G3衍生公司（包括Peters礦）目前的估值約為7-20%（初步估值），這為公司提供了持續勘探的選擇，並擁有豐富的礦產資源和成熟的管理經驗。我們認為此次交易表明，中型生產商/開發商的併購趨勢傾向於基礎設施便利、近期投產潛力大且勘探前景廣闊的項目，並註意到OMG目前尚未被納入市場覆蓋，因此我們認為此次收購是順理成章的。分析師科爾·麥吉爾寫道：“仔細閱讀；交易價格為0.31倍[未融資、存在風險的‘收購’每股淨資產值6.53加元]。” （報道北美、亞洲和歐洲主要銀行及研究機構的股票、商品和經濟研究。研究機構可透過以下連結聯絡我們：https://www..com/contact-us）

Price: $10.84, Change: $+0.06, Percent Change: +0.56%

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