Hi Alain,
We like both gold stocks although we now hold EVN in our Flagship Growth Portfolio after purchasing it on Thursday with the main difference between the 2 being their theoretical risk profile, or Beta.
Following golds bullish move after Jerome Powell’s relatively dovish comments last week both stocks immediately rallied strongly with EVN +6.3% and RRL +3.6% but through November they surged higher almost in tandem i.e. RRL +27% and EVN +29%. As you can see there’s not a great deal between them at this stage and we wouldn’t be advocating switching between either, we simply plumbed for EVN this week believing it dovetails into our Flagship Growth Portfolio better, had we bought for our Emerging Companies Portfolio we may have have chosen RRL.