Business need

A leading investment bank, headquartered in the US

Business Objectives / Goals

  • The client’s equity research team wanted to initiate coverage on few US-based gold mining companies
  • The client wanted to understand the industry and the historical stock performance of the top players in the industry

Approach and Methodology

  • Conducted an in-depth analysis of 10 gold mining stocks
  • Looked at the respective companies’ business operations strategy, ownership structure and geographic presence
  • Identified the KPIs for the industry and tracked recent developments
  • Analysed the historical stock performance and carried stock price valuation to identify under-valued and over-valued stocks
  • Forecasted the future by analysing quantitative and qualitative data, such as historical financial performance, industry performance and management discussion, etc.

Business outcomes

  • Identified the top performing stocks in the industry, helping the client zero in on three companies it could initiate the coverage on

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