|Bid||3.87 x 0|
|Ask||3.88 x 0|
|Day's Range||3.87 - 4.00|
|52 Week Range||3.11 - 5.79|
|PE Ratio (TTM)||28.46|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
While an interest rate hike at the Federal Reserve’s December meeting is almost certain, the Fed is projecting three rate hikes in 2018.
As the world’s first cryptocurrency, bitcoin has risen more than 1,000% in less than a year. Bitcoin breach $19,000 per coin on December 7 before returning to the $17,000 range.
First Majestic Silver and Barrick Gold are above their 20-day moving average, while New Gold and Kinross Gold are below their 20-day moving average.
Barring Hecla Mining and Pan American Silver Corp, which are trading close to RSI levels of 30, all miners in this category are above the oversold level.
All the four precious metals rose on Monday, November 27. Gold futures for December expiration were up 0.55% to close at $1,294.4 an ounce.
The skyrocketing price of palladium has attracted considerable attention by precious metal observers. Palladium has risen 45.0% year-to-date.
New Gold and Harmony Gold have fallen 9.7% and 17.2% YTD, respectively. New Gold and Buenaventura Mining have risen 5.9% and 19% YTD, respectively.
For India, gold imports have fallen 16% in value to ~$2.9 billion in October 2017 compared to $3.5 billion in the corresponding month last year.
New Gold and Goldcorp have seen upward trends in their correlations with gold, while Newmont Mining has seen its correlation decline.
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 Wall Street analyst outlook for gold prices helps us understand the path that gold investments could take going forward.
While China and Russia have the fifth and sixth largest gold reserves globally, the movements in them are the most watched by gold investors the world over mainly because these economies have been quite ...
Most of the time, mining stocks’ performance follows that of precious metals. However, they can deviate. Correlational analysis can give investors some insight into how mining stocks relate to gold and ...
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…
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to New Gold, Inc. Here are 5 ETFs with the largest exposure to NGD-CA. Comparing the performance and risk of New Gold, 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...)
Categories: Yahoo FinanceGet free summary analysis New Gold, Inc. reports financial results for the quarter ended September 30, 2017. We analyze the earnings along side the following peers of New Gold, Inc. – Barrick Gold Corporation (ABX-CA) that have also reported for this period. Highlights Summary numbers: Revenues of CAD 174.22 million, Net Earnings of CAD 36.60 ... Read more (Read more...)
The Toronto-based company said it had net income of 5 cents per share. Earnings, adjusted for non-recurring gains, were 1 cent per share. The results met Wall Street expectations. The average estimate ...
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for New Gold, Inc.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average Bullish ... Read more (Read more...)
During the FOMC (Federal Open Market Committee) meeting in September, many officials showed interest in another rate hike in 2017—and more in 2018.