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Are Higher Precious Metal Prices Accounted for in Miner Revenues?

Annie Gilroy
Are Higher Precious Metal Prices Accounted for in Miner Revenues?

Analyst estimates for gold miners’ (GDX) revenues can give us a good idea about their outlook on gold prices (GLD) as well as companies’ production growth. In this part of our series, we’ll assess analysts’ revenue expectations for gold companies in 1Q18 and beyond. Analysts expect Barrick Gold (ABX) to generate revenues of ~$1.84 billion in 1Q18.