|Day's Range||1,255.90 - 1,258.20|
While the price of precious metals rose this year, this silver and gold mining stock seemed to lose its luster with investors.
Canada's main stock index closed at a record high on Wednesday but well off its session highs, as sharp gains for gold miners were offset by losses among energy companies and a fall in grocery retailer ...
By Alastair Sharp TORONTO (Reuters) - Canada's main stock index closed at a record high on Wednesday but well off its session highs, as sharp gains for gold miners were offset by losses among energy companies and a fall in grocery retailer Empire Company Ltd. * The Toronto Stock Exchange's S&P/TSX composite index ended up 22.56 points, or 0.14 percent, at 16,136.59. * It had reached as high as 16,187.85 points but pared gains following news that the U.S. Federal Reserve had hiked rates but kept its 2018 rate outlook unchanged. ...
Categories: Fundamental Analysis Yahoo FinanceClick here to see latest analysis Capitalcube gives Kirkland Lake Gold Ltd. a score of 79. Our analysis is based on comparing Kirkland Lake Gold Ltd. with the following peers – Banro Corporation, Minco Gold Corporation and Golden Star Resources Ltd. (BAA-US, MGHCF-US and GSS-US). Investment Outlook Kirkland Lake Gold Ltd. has a fundamental score ... Read more (Read more...)
Categories: Fundamental Analysis Yahoo FinanceClick here to see latest analysis Capitalcube gives B2Gold Corp. a score of 69. Our analysis is based on comparing B2Gold Corp. with the following peers – Centamin plc, Coeur Mining, Inc., Hecla Mining Company and McEwen Mining Inc. (CELTF-US, CDE-US, HL-US and MUX-US). Investment Outlook B2Gold Corp. has a fundamental score of 69 and ... Read more (Read more...)
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to SSR Mining, Inc. Here are 5 ETFs with the largest exposure to SSRM-US. Comparing the performance and risk of SSR Mining, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker ... Read more (Read more...)
Investing.com - Crude prices inched higher on Wednesday, holding steady after data showed a U.S. oil stockpiles fell more than forecast, while gasoline supplies jumped.
Categories: Yahoo FinanceEvolution Mining Ltd. relative valuation is now UNDERVALUED. It was previously rated OVERVALUED, and has a fundamental analysis score of 82. Our analysis is based on comparing Evolution Mining Ltd. with the following peers – NV Gold Corporation, Nevada Sunrise Gold Corporation, Newstrike Resources Ltd. and Newport Gold, Inc. (NVX-CA, NVSGF-US, NWKRF-US and NWPG-US). Relative ... Read more (Read more...)
New Gold and Coeur Mining have seen YTD losses of 14.3% and 22.3%, respectively, while NEM and SLW have seen YTD gains of 1.5% and 8.1%, respectively.
Burundi is set to hold an election in 2020, and besides voting, it now wants its citizens to do one more thing: pay for it. The government plans to fundraise for the polls, saying it is seeking voluntary contributions from individuals and households, including foreign nationals. The move is part of the state’s plan to…
Kinross (KGC) expects Gilmore to potentially extend mine life at its Fort Knox mine, which is among its high performing and top producing operations.
The USDCAD pair is still trying to work its way higher and by the look of things, it has not been making a great job of it. The focus would be on the dollar for today as we have the inflation data in the form of CPI from the US and we would also be having the Fed rate annoucement and statement. Most of the market expects the Fed to hike rates today and this has already been priced into the markets.
From Tyler Durden: Earlier this week, former Congressman Ron Paul posted a Twitter poll asking his followers to choose between four different assets for a long-term investment, with the stipulation that the bearer would need to keep their money locked up… Read more ›
Bitcoin remains the talk of the town after CBOE’s contracts launch on Sunday saw the cryptocurrency aggressively appreciate, but its futures market debut wasn’t all plain sailing.
The gold prices were relatively weaker during the Tuesday’s session as the market is expecting a hawkish outlook from Fed on interest rate hike. Looking ahead, the gold market will be influenced by the movement in USD and is likely to be volatile.
Gold prices dipped lower on Tuesday, hit a five-month low on the dollar strength. The expected rate hikes in 2018 continue to pressure gold prices lower. Gold prices trade slightly higher on Wednesday morning but remain near yesterday’s low at $1243.
The Federal Reserve is expected to raise its interest rate today, but its outlook via the Monetary Policy Statement is unknown.
Forex has become very cautious the past day as traders await a slew of central bank announcements over the next day and a half. The Pound has been also affected by political concerns again in the U.K and Gold has essentially sat in place. The Pound has remained near the lower rungs of its short-term value as political concerns once again embattle the U.K landscape.
President Trump suffered a major setback as the once strictly Republican state of Alabama has, for the first time in 25 years, elected a Democrat to the US Senate. Democrat Doug Jones staged a stunning come-from-behind win against GOP Roy Moore in, what many believe, will trigger a political earthquake that will be felt nationally and internationally. The vote had been nip-and-tuck and, with 99% of the vote in, Jones was holding a 50% to 49% lead. The win puts the Democrats just two seats away from the majority in the US Senate in 2018. ...
India’s conservative investors, particularly the ones in smaller towns, are milking the country’s booming stock markets. After years of putting their money in unproductive assets like gold and less tax-efficient instruments, including bank deposits, these investors are gravitating towards mutual funds and stock markets. In fact, a recent boom in mutual fund investments in India…
Among the four miners we're covering, Goldcorp and Barrick have YTD (year-to-date) losses of 12.9% and 14.6%, respectively.
With the rate hike a given, gold traders will be primarily focused on the U.S. central bank’s statement for clues on any further rate increases in 2018.
Early Wednesday, WTI and Brent are trading inside yesterday’s ranges. This suggests investor indecision and impending volatility. Traders are likely to make up their minds following the release of the U.S. Energy Information Administration’s weekly inventories report at 1530 GMT.