|Bid||0.00 x 28000|
|Ask||0.00 x 1000|
|Day's Range||20.92 - 21.42|
|52 Week Range||17.28 - 23.70|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.22|
|Expense Ratio (net)||0.53%|
Newmont and Goldcorp Merge, Form World’s Largest Gold Company(Continued from Prior Part)World’s largest gold-mining company The completion of the Newmont Mining (NEM) and Goldcorp (GG) merger on April 18 created the world’s largest gold
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Amid first-quarter earnings thus far, gold has taken a back seat with the precious metal falling one percent on Tuesday to settle at a price of $1,274.31 as of 12:45 p.m. ET. Last week, gold fell ahead of first-quarter earnings season as the dollar gained while the precious metal slumped to its lowest level of the month last Thursday. Gold fell 1.23 percent at the close of Thursday’s trading session to settle at a price of $1.295.15.
Will Yamana’s Chapada Mine Sale Improve Shareholder Returns?(Continued from Prior Part)Dividends to doubleYamana Gold (AUY) announced today that it has agreed to sell its Chapada mine to Lundin Gold (LUNMF) for $1 billion. Due to this
Why Is Deutsche Bank Bullish on Gold?(Continued from Prior Part)Deutsche Bank upgraded Barrick Gold Barron’s reported that Deutsche Bank (DB) analyst Chris Terry has increased gold’s (GLD) (IAU) target price to $1,350 per ounce for 2019. Due to
Gold futures settle at their highest in nearly two weeks on Tuesday, logging a second straight finish above $1,300 as weakness in the U.S. dollar and concerns over global growth provide a runway higher for the precious metal.
Gold miner stocks and sector-related ETFs strengthened Monday as gold prices climbed to a more-than-one-week high on a weakening U.S. dollar in response to data showing U.S. wage growth slowed last month. ...
Despite news of a trade deal swirling with the U.S., China is shoring up its reserves of gold amid a slowing economy. This could help exchange-traded funds (ETFs) like the SPDR Gold Shares (GLD) and SPDR Gold MiniShares (GLDM) . Per a Bloomberg report, the "People’s Bank of China raised reserves to 60.62 million ounces in March from 60.26 million a month earlier, according to data on its website on Sunday." Furthermore, the world's second largest economy has been adding more gold to its reserves for a fourth straight month.
How Gold and Gold Miners Performed in Q1(Continued from Prior Part)Agnico Eagle Mines and IAMGOLD Among senior and intermediate gold miners (GDX) (GDXJ), analysts are most bullish on Agnico Eagle Mines (AEM). It has 83% “buy” and 17% “hold”
How Gold and Gold Miners Performed in Q1(Continued from Prior Part)Yamana and Agnico Eagle Yamana Gold (AUY) and Agnico Eagle Mines (AEM) outperformed the Gold Miners Index (GDX) and gold (GLD) in the first quarter of 2019, gaining 10.6% and 7.7%,
How Gold and Gold Miners Performed in Q1(Continued from Prior Part)Newmont’s underperformance Newmont Mining (NEM) stock returned 3.2% in the first quarter, almost half the gains in the VanEck Vectors Gold Miners ETF (GDX) in the same period. It
How Gold and Gold Miners Performed in Q1(Continued from Prior Part)Barrick Gold’s underperformance Barrick Gold (GOLD) underperformed its senior and intermediate peers (NUGT) (GDXJ) as well as the broader benchmark index (GDX) during the first
How Gold and Gold Miners Performed in Q1Gold’s first-quarter performance Gold prices (GLD) gained just 0.6% in the first quarter compared to the gain of 13% in the S&P 500 Index (SPY) and the gains of 11.1% and 16.5%, respectively, recorded by
Gold faced downward pressure on Monday, but precious metals consultancy Metals Focus said in its latest Gold Focus 2019 report that a rally towards the end of 2019 could be ahead. The Dow Jones Industrial ...
Gold bottomed in 2013, it's now in a renewed 6 month rise and it's not so far away from its record highs. And with its leading indicator rising from the lows, it's painting a rosy picture for gold, asserts Mary Anne and Pamela Aden, editors of The Aden Forecast.
Wall Street Is Loving these Five Gold Stocks Lately(Continued from Prior Part)Analysts’ ratings According to Thomson Reuters, of the 15 analysts covering Newmont Mining (NEM), 67.0% have given the stock a “buy” rating, 20.0% say “hold,”
Wall Street Is Loving these Five Gold Stocks Lately(Continued from Prior Part)Analysts’ ratings for WPMAmong major gold (GLD)(IAU) mining and gold streaming companies (GOAU), Wheaton Precious Metals (WPM) is analysts’ favorite and has received
Wall Street Is Loving these Five Gold Stocks Lately(Continued from Prior Part)Gold miners’ leveraged performanceGold miners usually act as a leveraged play on gold prices. In 2018, the VanEck Vectors Gold Miners ETF (GDX) fell 9.3%, amplifying the
Wall Street Is Loving these Five Gold Stocks Lately(Continued from Prior Part)Analysts’ recommendationsAccording to the consensus compiled by Thomson Reuters, 69% of analysts covering Yamana Gold (AUY) have recommended “buys” on its stock
Wall Street Is Loving these Five Gold Stocks Lately(Continued from Prior Part)Analysts’ ratings for IAG IAMGOLD (IAG) comes third, after Wheaton Precious Metals (WPM) and Agnico Eagle Mines (AEM), as far as the most “buy” ratings for gold
Wall Street Is Loving these Five Gold Stocks Lately(Continued from Prior Part)Analysts’ ratings for Agnico Eagle MinesCurrently, 18 analysts are covering Agnico Eagle Mines (AEM), as per the consensus compiled by Thomson Reuters. AEM’s stock
Will Newmont Investors Approve GG Merger after Special Dividend?(Continued from Prior Part)Special dividend In a press release, Newmont Mining (NEM) said this one-time special dividend will be paid to Newmont shareholders of record as of April 17,
Will Newmont Investors Approve GG Merger after Special Dividend?Newmont’s special dividend payment Today, Newmont Mining (NEM) announced a conditional special dividend to shareholders if its proposed merger with Goldcorp (GG) goes through. This
Which Senior Gold Miners Are Analysts Loving Lately and Why?(Continued from Prior Part)Gold miners and broader equitiesGold miners (GDX) on the whole are looking inexpensive compared to the broader markets. The average ratio of the NYSE Arca Gold
Which Senior Gold Miners Are Analysts Loving Lately and Why?(Continued from Prior Part)Analysts’ earnings expectations Now that we’ve considered analysts’ revenue estimates for senior gold miners (GDX), in this article, let’s take a look at