|Bid||4.15 x 0|
|Ask||4.30 x 0|
|Day's Range||4.21 - 4.30|
|52 Week Range||3.11 - 5.79|
|PE Ratio (TTM)||31.40|
|Earnings Date||Feb 13, 2018 - Feb 19, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.12|
Gold is the most influential precious metal, and most miners follow its price trends. For our correlation analysis, we are comparing the mining stocks to gold. In this part of the series, we’ll look at Royal Gold (RGLD), Goldcorp (GG), New Gold (NGD), and Newmont Mining (NEM). We’ll look at the performance of the miners and their correlation to gold over the past three years.
New Gold, Agnico-Eagle Mines, Franco-Nevada, and Cia de Minas Buenaventura have call-implied volatilities of 45.2%, 24.4%, 21.7%, and 31.2%, respectively.
The PowerShares DB Gold Fund (DGL) and the VanEck Merk Gold Trust (OUNZ) rose 2.2% over the five trading days leading up to December 27, 2017.
Precious metal prices are dependent on general economic sentiment in the US. The underperformance of an economic indicator could spur demand for safe havens like gold and silver.
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 Bearish ... Read more (Read more...)
All four precious metals except palladium witnessed an up day on December 18, 2017. Platinum touched the day's high of $915.3 and ended up at $913.2 per ounce.
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.
LONDON, UK / ACCESSWIRE / December 13, 2017 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: New Gold, Dalradian Resources, ...
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.
TORONTO, Nov. 20, 2017 /PRNewswire/ - New Gold Inc. ("New Gold") (NGD) (NYSE American:NGD) today announces that it has entered into a binding agreement with Aurelia Metals Limited ("Aurelia") to sell the Peak Mines located in Cobar, New South Wales, Australia for cash consideration of $58 million (the "Transaction"). "Peak has generated significant value for New Gold and predecessor companies over its 25 years of operation," stated Hannes Portmann, President and Chief Executive Officer. "Peak's robust history of replacing and growing its mineral resources has been key to its successful contribution to New Gold's portfolio of assets.
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).