|Bid||2.78 x 57900|
|Ask||2.79 x 73300|
|Day's Range||2.77 - 2.8300|
|52 Week Range||2.40 - 3.80|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.02 (0.65%)|
|1y Target Est||3.86|
After significantly outperforming its peers in 2017, Kinross Gold (KGC) has underperformed this year. KGC’s YTD (year-to-date) return is lower than that of its close peers Newmont Mining (NEM), Barrick Gold (ABX), and Goldcorp (GG), which have returned -1.8%, -10.8%, and 3.6%, respectively. While KGC’s operational performance has been going as planned, there are variables companies can’t control—and it’s one of those uncontrollable variables to which Kinross stock has fallen prey.
Investors are typically interested in gold mining companies’ (GDX)(GDXJ) ability to generate FCF (free cash flow) because FCF helps them invest in future growth—apart from the aim of returning cash to shareholders.
In this part, we’ll discuss what analysts expect for these gold miners’ (RING) earnings. In line with lower revenues, Barrick Gold’s (ABX) EBITDA are also expected to fall. Barrick is expecting its all-in sustaining costs for 2018 to be $765–$815 per ounce, compared to $710–$770 per ounce in 2017.
At extreme levels, these ratings could even signal a change in direction, so it’s important for investors to track this data. In the senior and intermediate gold miner space (GDX)(GDXJ), analysts are the most bullish on IAMGOLD (IAG), with 75.0% of analysts assigning it a “buy.” Plus, 25.0% rated it as a “hold,” and there were no “sell” ratings. Goldcorp (GG) comes next with 70.0% “buy” ratings and 25.0% “hold” ratings.
Approximately one-quarter of rated North American chemical, metals and mining, paper, forest products and packaging companies were within two notches of the investment-grade/speculative-grade border as of mid-2018, but few are likely to cross over in either direction before 2020, Moody's Investors Service says in a new report. "We expect few basic materials companies to become rising stars, or cross from speculative-grade to investment grade status, through 2019," says Dawei Ma, Associate Analyst at Moody's and co-author of the report. Some firms currently rated Ba1, including Ball Corporation and Graphic Packaging International, LLC, appear to prefer the financial flexibility of a speculative-grade company and do not want to commit to the more conservative financial policies needed for an investment-grade rating, adds Ma.
Gold hasn’t exactly glittered over the last few weeks. After hitting a recent high back in March, the uber-popular SPDR Gold Shares (NYSEARCA:GLD) has spent the rest of the year falling, and is now about 8% lower. All in all, a variety of factors and issues have continued to pressure the metal itself and the various gold stocks that produce it.
LONDON, UK / ACCESSWIRE / July 10, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equitiesfrom the Metals & Mining industry: Trevali Mining, Yamana Gold, Kinross Gold, and Eldorado Gold. Today's stocks of interest consist of: Trevali Mining Corporation (TSX: TV), Yamana Gold Inc. (TSX: YRI), Kinross Gold Corporation (TSX: K), and Eldorado Gold Corporation (TSX: ELD).
As far as it goes, Goldcorp (NYSE:GG) probably isn’t the worst stock in the market. In fact, GG stock might actually be one of the better plays in the gold mining space. As I wrote in April, the gold mining space has been a disaster for investors over the past few years.
The last week has been beneficial for precious metal mining stocks, with most rising. In this article, we’ll discuss mining stocks’ moving averages and RSI (relative strength index) scores. On Thursday, most mining stocks rebounded as gold rose.
Research reports have been issued by WallStEquities.com on Sandstorm Gold Ltd (NYSE AMER: SAND), Sibanye Gold Ltd (NYSE: SBGL), SSR Mining Inc. (NASDAQ: SSRM), and Yamana Gold Inc. (NYSE: AUY). According to an article on Kitco, in a report on July 03rd, 2018, Georgette Boele, coordinator of foreign exchange and precious metals strategy at ABN Amro, said that Gold prices could continue to fall, and the market is weighed down in part by surging momentum in the US dollar.
Year-to-date, Yamana Gold (AUY) has underperformed the VanEck Vectors Gold Miners ETF (GDX), while Agnico Eagle Mines (AEM) has outperformed it. In the first six months of the year, AUY has fallen 7.1%, while AEM has fallen 0.8%. AUY and AEM stocks seem to have corrected course in the second quarter, rising 5.1% and 8.9%, respectively, so far compared to the SPDR Gold Shares ETF’s (GLD) fall of 5.7% in the same period. Its EPS were -$0.20, below analysts’ consensus estimate of $0.03.
Gold demand in India has been weak recently but we expect it to pick up in the latter half of the year on the back of festival and wedding buying.
TORONTO, July 05, 2018-- YAMANA GOLD INC. will release its second quarter 2018 operational and financial results after market close on July 26, 2018, followed by a conference call and webcast on July 27, ...
Monetary policies have been crucial in determining the movement in precious metals. The rising interest rate supports the US dollar. The higher the interest rate, the more money will flow to the higher-paying country.
Most precious metals and their related mining companies have witnessed a choppy market in most of 2018, thanks to slumping precious metal prices. Precious metals are more closely associated with the downturn in these precious metals rather than the overall sentiment of the equity markets.
As we’ve seen so far in this series, gold tends to influence the movements of precious metal miners. In this article, we’ll take a look at the correlations of selected miners with gold. As gold is the most dominant of the precious metals, silver, platinum, and palladium are known to track its movements closely.
Despite the choppy trading pattern in the equity markets, precious metals saw downward price movement on June 25. Gold was down ~0.26% and was trading at $1,266.00 per ounce on June 25.
TORONTO, June 26, 2018-- YAMANA GOLD INC. is pleased to announce the declaration of commercial production at Cerro Moro, a high-grade gold and silver mine in Santa Cruz, Argentina.. Daniel Racine, Yamana’ ...
As of June 14, 69.2% of the analysts covering Yamana Gold (AUY) stock have recommended “buys,” while 23% have recommended “holds” on the stock. AUY’s target price represents an upside potential of 26% based on its current market price of $3.0. Yamana’s “buy” ratings have improved to the current level of 69% from 50% at the end of March.
NEW YORK, June 13, 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 58. ...
LONDON, UK / ACCESSWIRE / June 12, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Trevali Mining, Yamana Gold, Kinross Gold, and Eldorado Gold. Today’s stocks of interest consist of: Trevali Mining Corporation (TSX: TV), Yamana Gold Inc. (TSX: YRI), Kinross Gold Corporation (TSX: K), and Eldorado Gold Corporation (TSX: ELD).
This morning, WallStEquities.com draws investors' attention to Gold, which is the most popular precious metal for investors. Gold is a commodity, and, as such, the price for gold fluctuates on a daily basis in the commodity markets. Lined up for evaluation today are these four equities: Royal Gold Inc. (NASDAQ: RGLD), Sandstorm Gold Ltd (NYSE AMER: SAND), Sibanye Gold Ltd (NYSE: SBGL), and Yamana Gold Inc. (NYSE: AUY).