|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||22.46 - 22.68|
|52 Week Range||18.58 - 25.71|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.51%|
Mining stocks' performance usually depends on precious metals' performance. However, the two can deviate. Correlation analysis can give investors some perspective on how mining stocks relate to gold and ...
A study of the correlation of mining shares to gold is important since it gives investors an idea of the directional move of miners compared to gold.
AngloGold Ashanti and Pan American Silver have seen YTD losses of 8% and 3%, respectively, while Kinross and Silver Wheaton have seen gains of 38.3% and 4.2%.
Despite gold’s lackluster performance in recent years, several MoneyShow.com contributors believe gold remains an important part of a diversified portfolio as well as a hedge against global political and ...
Passive investing has become an increasingly popular strategy for investors, as a combination of years of smooth, drama-free gains and persistent momentum winners have made more expensive, active strategies unpopular.
The mining-based funds that have strong correlations with precious metals include the VanEck Vectors Gold Miners ETF (GDX) and the Global X Silver Miners ETF (SIL).
The iShares Gold Trust (IAU) and the SPDR Gold Shares (GLD) are down so far Friday morning, but what's more worrisome: data from the World Gold Council's latest quarterly report. Global demand for gold fell to an eight-year low in the third quarter due to weaker jewelry buying, slowing flows into gold-backed ETFs, and easing production. RBC Capital Markets' Christopher Louney sounded off on the results: While there were some bright spots year-over-year elsewhere (bar and coin up 32t, and central banks up 22t) it wasn’t enough to stem the fall in demand elsewhere.
First Majestic Silver and Yamana Gold have seen a YTD loss of 11.1% and 5%, respectively. Royal Gold and Agnico have seen a YTD gain of 40.6% and 7.2%.
Investors are anticipating tax reforms in the US that would significantly reduce the tax rates for companies and individuals.
The Wall Street analyst outlook for gold prices helps us understand the path that gold investments could take going forward.
Today is the first anniversary of President Donald Trump's election win and while geopolitical tensions have been on the rise, gold was not the best performing asset class in that time. Gold is actually ...
Gold lost ground on Friday, rounding out a down week, although there’s still plenty of demand for the metal from an interesting source: Turkey. Gold for November delivery closed down $8.40, or 0.66%, today, to $1,266.50. Although gold has fallen for the past three weeks, it’s is up more than 10% year to date. And part of the gains may actually be from Turkey.
On Tuesday, as the Bank of Japan kept its monetary policy steady, investors shifted their attention to other central bank meetings. The bank has slightly cut its inflation forecast for the current…
Gold stock indices also traded near their highs for the year, but then followed the gold price lower. During September the NYSE Arca Gold Miners Index (GDMNTR) retreated 6.5%.
Generating free cash flow (or FCF) is very important for gold miners (GDX), as it helps long-term prospects for the business and helps generate shareholder value.
The Tanzanian government banned mineral concentrate exports from the country in March 2017. It believed it wasn't getting a fair share of profits from mining in the country.
Barrick Gold (ABX) announced its 3Q17 results after the market closed on October 25, and it held a conference call to discuss the results with analysts the next day.