|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||21.38 - 22.02|
|52 Week Range||20.84 - 25.58|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.51%|
Yahoo Finance's Jared Blikre and Alexis Christoforous break down the latest market action.
First Majestic Silver’s (AG) stock price has seen the highest fall among its peers (SIL) YTD (year-to-date) in 2018. Analysts expect First Majestic Silver to see revenue of $347.7 million in 2018, which implies a YoY (year-over-year) rise of 37.8%. Analysts’ estimates for 2019 imply another rise of 26.1% YoY.
Gold futures on Tuesday give back all of Monday’s gains and then some, marking their lowest finish in nearly three weeks, as the dollar strengthened ahead of a widely expected interest-rate hike by the ...
Among the senior mining companies under review in this series (GDX), Newmont Mining (NEM) is currently trading at the highest EV-to-forward EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of 8.3x. NEM is also trading at an 11% premium to its trailing-five-year average multiple and at a 30.4% premium to the peer average. Its strong project pipeline is also encouraging analysts to revise their estimates upward.
Gold climb Monday, looking to recoup part of last week’s decline, as a leading dollar index weakened and benchmark U.S. stock indexes traded sharply lower.
Now that we’ve looked at analysts’ revenue estimates for the senior gold miners under review (GDX), let’s take a look at analysts’ EBITDA (earnings before interest, tax, depreciation, and amortization) estimates for these companies. In line with the expected fall in Barrick Gold’s (ABX) 2018 revenue, analysts expect a fall of 7.2% YoY (year-over-year) in ABX’s EBITDA to $3.7 billion. Newmont Mining’s (NEM) EBITDA for 2018 is also expected to fall 0.8% YoY to $2.6 billion.
In this article, we’ll discuss the market sentiments for these companies. Among the senior gold miners under review (GDX) (GDXJ), analysts are most optimistic about Goldcorp (GG). It has the most “buy” ratings at 65%, with only 5% “sell” ratings.
Gold prices clawed up from a two-week low on Friday, with the metal generally tethered to the dollar this week yet supported by persistent global political and trade tensions.
Gold prices fall Thursday, posting a two-week low as a stable dollar saps some demand for the precious metal, but trade tensions have helped to limit losses for the week so far.
The VanEck Vectors Gold Miners ETF (NYSEArca: GDX), the largest exchange traded fund dedicated to gold mining stocks, is essentially flat over the past month, but options traders have recently taken increased ...
Gold prices on Tuesday log their largest one-day gain in a week as the U.S. dollar softened and President Donald Trump fired Secretary of State Rex Tillerson, boosting haven demand for the yellow metal....
Gold slipped Monday, pressured by stock-market gains and overall global risk-taking seen after Friday’s U.S. jobs report eased concerns over accelerating inflation and faster U.S. interest-rate hikes.
Is Gold Set to Remain Higher for Longer as Volatility Soars? The initial jobless claims data for the week ended February 24, 2018, came in at the lowest level since 1969. The seasonally adjusted claims came in at 210,000. The US economy is near full employment.