|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||90.66 - 93.51|
|52 Week Range||60.47 - 101.19|
|Beta (3Y Monthly)||0.00|
|PE Ratio (TTM)||115.01|
|Forward Dividend & Yield||1.00 (1.07%)|
|1y Target Est||81.27|
The Zacks Analyst Blog Highlights: Alamos Gold, Franco-Nevada, Kirkland Lake Gold and AngloGold Ashanti
While we do not expect the major royalty companies to be the very top-performers in a metals bull market, these companies -- on balance -- have the lowest risk of any precious metals sector, second only to bullion itself, notes Adrian Day, editor of Global Analyst.
The acquisition of KapStone is likely to generate significant cost synergies for WestRock (WRK) and expand its paper packaging product offering in the days ahead.
Effective as of the May 6th, 2020 AGM, the board intends to appoint David Harquail as the non-executive Chair of its board of directors. David has served as a senior executive of the original Franco-Nevada starting in 1987 and as CEO of the new Franco-Nevada since its IPO in 2007. Under his leadership, the new Franco-Nevada's market capitalization has grown to over $17 billion . Effective as of the May 6 th, 2020 AGM, the board intends to appoint Pierre Lassonde as Chair Emeritus. Pierre and Seymour Schulich were co-founders of the original Franco-Nevada and pioneered the concept of mining royalty companies with the acquisition of the Goldstrike royalty in 1985. Pierre has served as non-executive Chair of the new Franco-Nevada since its IPO in 2007. Under his leadership, the new Franco-Nevada has had an outstanding track record of creating value for its shareholders. With Pierre's continuing role, Franco-Nevada hopes to benefit from his advice for many years to come.
Prospects of a U.S-China trade war truce, stronger-than-expected U.S. data on private-sector employment fueled a rally in the stock market and led to dip in gold prices.
Gavin Graham, an international securities specialist and contributing editor to Internet Wealth Builder, has held senior positions in London, Hong Kong and Toronto. Here, he discusses his bullish outlook for two favored gold holdings.
As gold skyrockets to above $1,500 an ounce, we suggest 4 gold-mining stocks to add to portfolio given their solid growth projections and estimate revision activity.
Buying pressure on gold is likely to remain firm as investors will focus on precious metals as a store of wealth and hedge against market turmoil.