|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||3.422 - 3.422|
|52 Week Range||2.582 - 3.883|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
After a stupendous 2016, the South African gold miners (GDX) have had a disappointing run so far in 2017. As a group, they’ve lost 10.8% YTD.
Among the four miners that we're analyzing here, Sibanye Gold has the lowest correlation with gold on a one-year basis, while Gold Fields has the highest.
Among the four miners that we're looking at, Sibanye Gold has the lowest correlation to gold on a YTD (year-to-date) basis, while Gold Fields has the highest correlation.
In this part of the series, we'll look at the technicals of mining stocks such as New Gold (NGD), Newmont Mining (NEM), Gold Fields (GFI), and Primero Mining (PPP).
Mining stocks react Precious metal prices have fallen suddenly and considerably since mid-April 2017, along with precious metal mining stocks and funds. However, precious metals’ revival over the past ...
Gold Fields’s correlation with gold has increased from a three-year correlation of ~0.77 to a one-year correlation of ~0.80.
As global tumult grips markets again and as investors turn to mining stocks as safe havens, it's crucial to understand which stocks are closely tied to precious metals.
We've begun to see a positive impact on mining shares, mining shares had been facing losses after Fed's interest rate hike.
The volatilities of Gold Fields, Agnico Eagle Mines, Silver Wheaton, and Coeur d'Alene Mining were 68.9%, 46.3%, 49.2%, and 62.3%, respectively, on December 5, 2016.
South African miners can be categorized as senior miners or intermediate miners. However, there are unique factors driving their performances that merit special attention.
AngloGold Ashanti (AU), one of the largest gold mining players, has an EV-to-EBITDA multiple of 5.2x, the highest among South African miners.
AngloGold Ashanti (AU) has the highest financial leverage among all the South African gold miners. However, it has significantly deleveraged over the last year.
Precious-metal-based funds such as the iShares MSCI Gold Fund (RING) and the Sprott Gold Miners (SGDM) have fallen over the past few months.
The Insider Monkey team has completed processing the quarterly 13F filings for the September quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge funds have been producing disappointing net returns in recent years, however that was partly due to the poor performance of small-cap stocks in general. […]
Legendary investors such as Leon Cooperman and Seth Klarman earn enormous amounts of money for themselves and their investors by doing in-depth research on small-cap stocks that big brokerage houses don’t publish. Small cap stocks -especially when they are screened well- can generate substantial outperformance versus a boring index fund. That’s why we analyze the […]