8.84 -0.01 (-0.11%)
After hours: 7:53PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||8.82 - 9.06|
|52 Week Range||7.30 - 12.30|
|PE Ratio (TTM)||22.99|
|Earnings Date||Oct 25, 2017|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||11.69|
Among these four miners, AngloGold has the lowest correlation with gold so far this year, while Coeur Mining has the highest correlation YTD.
The last few days have seen a rise in precious metal prices. However, on Wednesday, October 11, 2017, the prices of these loved metals fell.
After the Guatemalan government’s decision to suspend Tahoe Resources' (TAHO) license, the company saw several downgrades.
The performances of precious metal miners with substantial exposure to silver have been disappointing in 2017. As a group, they’ve returned just 0.9% YTD.
First Majestic Silver (AG) has the highest trading multiple of 13.2x. This multiple represents a premium of 38.4% to its peers’ average multiple.
CDE stock has risen 2.6% year-to-date. However, during the same period, silver prices gained 4.7% and the Global X Silver Miners ETF (SIL) rose 5.5%.
Because silver can act as a leveraged play on gold prices, silver prices usually follow gold prices but with greater intensity. This has not been the case so far in 2017, as silver has underperformed gold....
Coeur Mining has relatively higher costs than its peers (SIL), which makes it more leveraged to the changes in precious metal prices.
Coeur Mining, Inc. today announced third quarter production of 9.5 million silver equivalent1 ounces, comprised of 4.0 million silver ounces and 93,293 gold ounces.
Gold prices slipped for yet another day on Monday, October 2, 2017, as gold saw its lowest close in the last two months.
Last week was a rough one for mining stocks, as the Fed’s tone and turbulence in North Korea impacted gold. The Fed’s hawkish comments prompted precious metals and mining stocks to fall,…
Rising tensions in North Korea, heightened political uncertainty in Washington, and policy changes by the Fed have all moved precious metals in August and September.
The past week was full of ups and downs for mining shares as the Federal Reserve and the tensions in North Korea pulled the gold sentiment to each side.
Among the four silver miners we’re looking at in this part, First Majestic Silver (AG) has the highest forward EV-to-EBITDA multiple of 14.3x.
Coeur Mining, Inc.’s President and Chief Executive Officer, Mitchell J. Krebs, will present at the Denver Gold Forum in Colorado Springs, Colorado on Monday, September 25, 2017 at 2:30 p.m.