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What Analysts’ Revenue Estimates Imply for Gold Miners in Q3 2018

Annie Gilroy
What Analysts’ Revenue Estimates Imply for Gold Miners in Q3 2018

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 the third quarter and beyond. Analysts expect Barrick Gold (ABX) to generate revenues of ~$1.84 billion in the third quarter.