The Value Case for Gold Mining Stocks in 2026

In this episode, Lucas and Luna examine the value case for gold mining stocks in 2026, a sector that has been largely overlooked despite a resilient gold price above $2,000. They discuss how producers like Newmont and Barrick Gold are generating strong free cash flow, paying down debt, and returning capital to shareholders through dividends and buybacks. Lucas argues that the market is pricing these stocks as if gold will crash, creating a potential margin of safety for long-term value investors. They also touch on the risks, including cost inflation and geopolitical exposure, and compare the current setup to other commodity value plays. Using specific valuation metrics like price-to-earnings ratio and free cash flow yield, they explain why gold miners might deserve a place in a diversified value portfolio. The hosts also share a personal note about how listener support via buy me a coffee dot com slash fexingo helps keep the show ad-free and independent. #GoldMining #ValueInvesting #Newmont #BarrickGold #PreciousMetals #FreeCashFlow #DividendYield #ShareBuybacks #MarginOfSafety #CommodityStocks #GoldPrice #Underfollowed #Contrarian #CashFlowYield #Finance #Investing #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo