131.40 0.00 (0.00%)
After hours: 4:15PM EDT
Commodity Channel Index
|Bid||131.64 x 1200|
|Ask||131.61 x 800|
|Day's Range||130.19 - 134.37|
|52 Week Range||75.93 - 152.70|
|Beta (5Y Monthly)||0.29|
|PE Ratio (TTM)||123.15|
|Forward Dividend & Yield||1.04 (0.77%)|
|Ex-Dividend Date||Jun 10, 2020|
|1y Target Est||81.27|
Bright prospects of key growth projects, prudent capital allocation strategy and higher gold prices are some factors driving Newmont's (NEM) shares.
Bright prospects from key growth projects are driving Agnico Eagle's (AEM) shares.
A lull in corporate takeover activity among gold miners is expected to end as new coronavirus-linked travel restrictions are lifted in coming months, clearing the way for prospective buyers, industry executives and fund managers said. "Our industry is considering coronavirus a thing of the past as most countries are easing lockdowns and this should propel M&A activity again," said Ingo Hofmaier, SolGold’s executive general manager of project and corporate finance.
Mark Roberts of Off Wall Street has been advising hedge funds for 30 years. Why he’s bearish on a software firm and a lubricants maker—and bullish on a gold stock.
The deal enables Univar (UNVR) to further boost its partnership with Dow to address the needs of North American customers and drive new growth opportunities.
Gold is a volatile commodity prone to swift and dramatic price swings, but it often does well when other investment options are souring. If that sounds like a good idea today, then take a closer look at Royal Gold (NASDAQ: RGLD), Franco-Nevada (NYSE: FNV), and Wheaton Precious Metals (NYSE: WPM). Royal Gold likes to point out that it produces a huge amount of revenue with just a tiny staff of 23 people.
Franco-Nevada (FNV) suspends current-year gold equivalent ounce (GEO) sales and energy guidance on production curtailment and sluggish energy prices due to the coronavirus crisis.
The Corporation today entered into an agreement with SolGold PLC ("SolGold") to acquire a 1% net smelter royalty ("NSR") with reference to all minerals produced from the Alpala copper-gold project in northern Ecuador for $100 million . The Alpala project is owned by Exploraciones Novomining SA, which is held 85% by SolGold and 15% by Cornerstone Capital Resources Inc. The NSR will cover the 4,979 hectare Cascabel concession and closing of the acquisition is subject to on-site confirmatory due diligence which will be completed once COVID-19 travel restrictions are lifted. In the interim, the Corporation has agreed to provide SolGold with a bridge loan of $15 million for a period of up to 8 months.
BHP-backed SolGold Plc, the copper-gold company focused on Ecuador, has agreed a financing package of up to $150 million with streaming company Franco-Nevada Corp to develop its Alpala project, sending its shares up by around 10%. Toronto-listed Franco-Nevada, which provides miners and oil and gas producers with upfront cash in exchange for future production, will receive a perpetual 1% net smelter return (NSR) interest from SolGold. An initial funding of $100 million could be increased to $150 million, which would also increase the NSR for Franco Nevada, the company said in a release.
Thank you for joining us today to discuss Franco Nevada's first quarter 2020 results. Paul Brink, our new President and CEO of Franco-Nevada will provide a company update and Sandy Brenna, CFO of Franco-Nevada will provide a brief review of our results and Eaun Gray, VP Business Development of Franco-Nevada will comment on business development.
Wheaton (WPM) puts up a stellar top-line performance in Q1 on increased average realized prices of gold equivalent, partly muted by decrease in the number of gold equivalent ounces sold.
Royal Gold's (RGLD) third-quarter fiscal 2020 earnings and revenues improve year over year on solid stream revenues, and higher average gold and silver prices.