5.40 0.00 (0.00%)
After hours: 4:01PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||5.35 - 5.51|
|52 Week Range||4.83 - 8.58|
|PE Ratio (TTM)||62.07|
|Forward Dividend & Yield||0.02 (0.35%)|
|1y Target Est||8.82|
If we look at the historical performance of precious metals to markets, we see that gold has been closely tracking market volatility. The recent upheaval in the markets, led by Syria tensions, supported precious metals. Also, the earlier trade war fears with China lifted precious metals higher.
In this part of our series, we’ll be looking at the correlation between gold and four mining stocks: Alamos Gold (AGI), Sibanye Gold (SBGL), Yamana Gold (AUY), and Pan American Silver (PAAS). Mining stocks mostly move with gold prices but not always. Among these four miners, Pan American Silver has shown the highest correlation to gold, while Alamos Gold has seen the lowest correlation on a YTD (year-to-date) basis.
Today I will be providing a simple run-through of the discounted cash flows (DCF) method to estimate the attractiveness of Alamos Gold Inc (TSX:AGI) as an investment opportunity. If youRead More...
Recently, the unrest in the markets has had a big effect on precious metals and the US dollar. The US dollar has a big impact on dollar-denominated precious metals and also on mining companies. In this part of the series, we’ll look at miners’ RSI (relative strength index) scores and implied volatility. The miners we’ve selected for our analysis are First Majestic Silver (AG), B2Gold (BTG), Royal Gold (RGLD), and Goldcorp (GG).
When considering the performance of precious metals and precious metal mining companies, it’s important to analyze their interrelationship by way of ratios. There has been a significant up-and-down movement in the precious metals since the beginning of 2018. Silver has been weak compared to gold over the past few months.
Gold and silver have seen positive yields over the past five trading days. Gold has increased about 0.59% and silver has risen a marginal 0.2% on a five-day trailing basis. The rise in these two precious metals could have also been due to the drop in global equities after the trade war fears deepened.
Robust, high-growth companies such as Tidewater Midstream and Infrastructure are appealing to investors for many reasons. They bring about a strong upside to your portfolio, and less downside risk asRead More...
TORONTO, March 29, 2018-- Alamos Gold Inc. plans to release its first quarter 2018 financial results after market close on Tuesday, May 1, 2018. Senior management will host a conference call on Wednesday, ...
All amounts are in United States dollars, unless otherwise stated. TORONTO, March 29, 2018-- Alamos Gold Inc. today announced that the Company’ s Board of Directors has declared a semi-annual dividend ...
NEW YORK, March 26, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
All amounts are in United States dollars, unless otherwise stated. TORONTO, Feb. 22, 2018-- Alamos Gold Inc. today reported its financial results for the quarter and year ended December 31, 2017 and reviewed ...
All amounts are in United States dollars, unless otherwise stated.. TORONTO, Feb. 21, 2018-- Alamos Gold Inc. today reported its updated mineral reserves and resources as of December 31, 2017. For a detailed ...
TORONTO, Feb. 16, 2018-- Pursuant to National Instrument 62-103– The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, Alamos Gold Inc. is announcing the sale of 25,300,000 common ...
Gold and silver had a great start to 2018, and they have risen about 3.5% and 1.9%, respectively, year-to-date (or YTD). This also reflected on the SPDR Gold Shares ETF (GLD) and the iShares Silver Funds ETF (SLV), which rose 3.6% and 2.6%, respectively, on a YTD basis. Gold dominates the precious metals because its price direction often causes the other metals to follow.
Alamos Gold Inc. plans to release its fourth quarter and year-end 2017 financial results before the start of trading on Thursday, February 22, 2018. Senior management will host a conference call at 11:00 ...
Analysts are bullish on these following companies: Alamos Gold, Tricon Capital Group, Currency Exchange International. These companies are relatively strong financially, and have a great outlook in terms of profitsRead More...
Gold- and silver-based funds such as the Physical Swiss Gold Shares ETF (SGOL) and the Physical Silver Shares ETF (SIVR) tend to correlate strongly to their respective precious metals. These two funds increased 1.3% and 1.6%, respectively, on January 12, 2018. Among the four miners under discussion, Alamos Gold has seen the highest correlation to gold during the past one-year period, while Eldorado Gold has the lowest correlation.
Zacks Industry Outlook Highlights: Alamos Gold, Richmont Mines, Barrick Gold, Franco-Nevada and Sandstorm Gold
There are plenty of reasons to be optimistic about the gold mining industry for both the short and long term. Below, we have discussed what investors in the gold mining sector can look forward to in the coming months and years. In the last decade, combined demand for gold from India and China has soared 71%.