|Bid||2.18 x 63300|
|Ask||2.19 x 66900|
|Day's Range||2.13 - 2.19|
|52 Week Range||1.77 - 3.91|
|PE Ratio (TTM)||-545.00|
|Forward Dividend & Yield||0.01 (0.68%)|
|1y Target Est||N/A|
Much of the discussion surrounding another interest rate hike in December has been about how inflation numbers have remained low.
The stock performances of intermediate gold miners (RING) (GDXJ) have been slightly better than senior gold miners, on average.
EGO stock has lost 31.7% of its value year-to-date through the end of September 2017, which is a significant underperformance compared to its close peers.
On a YTD (year-to-date) basis, Barrick Gold, Cia De Minas, and Kinross have risen 3.8%, 18.4%, and 40.2%, respectively, as of September 25.
Among the intermediate gold miners, Agnico Eagle Mines (AEM) has the highest EV-to-forward-EBITDA multiple of 12.9x.
Among the four miners that we're analyzing, AngloGold has the lowest correlation to gold YTD, while Kinross has the highest correlation.
On September 18, 2017, Kinross Gold (KGC) announced that it would go ahead with the Tasiast Phase Two expansion as the feasibility study for the project concluded.
Eldorado Gold on Thursday postponed a decision to freeze its investment in Greece, saying that talks with the country's leftist-led government, which granted it key permits last week, were "constructive". The Canadian miner last week threatened to halt new investment in its Olympias, Skouries and the Stratoni mines in the northern Greek region of Halkidiki from Sept. 22 unless the Greek government granted it permits and showed a willingness to engage in talks. Eldorado also said it would only reassess its decision to freeze its investment if it got a permit for a flotation plant in Skouries.
Eldorado Gold Corp on Thursday said it had decided to temporarily postpone its decision to place its Halkidiki assets on care and maintenance. The company also said it entered into dialog with Greece's ...
A dispute between Eldorado Gold and Greece over the Canadian miner's investment in the country can be resolved, the chief executive of the company's Greek unit said on Thursday. Eldorado's investment in Olympias, Skouries and the Stratoni mine northern Greece is among the biggest since the country's debt crisis began seven years ago. It has long been viewed as a litmus test of Greece's resolve to attract foreign capital but differences have dragged on for years, mainly over compliance with environmental regulations.
Chances are that mining stocks closely track changes in precious metals. When investors intend to park their money in miners, there are a few technical indicators they need to analyze.
On September 18, Coeur Mining, Barrick Gold, Kinross Gold, and Eldorado Gold had volatilities of 42.3%, 26.4%, 40.8%, and 50.1%, respectively.
The Wall Street analyst outlook for gold prices helps us understand the path that gold investments could take going forward.