1.29 0.00 (0.00%)
Pre-Market: 7:03AM EST
|Bid||1.28 x 2000|
|Ask||1.29 x 100|
|Day's Range||1.23 - 1.29|
|52 Week Range||1.10 - 3.91|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.01 (1.18%)|
|1y Target Est||1.92|
Agnico Eagle Mines has risen 1.5 %year-to-date. Barrick Gold, Eldorado Gold, and Harmony Gold reported year-to-date losses of 11.7%, 60.9%, and 21.3%, respectively.
On December 8, 2017, the price of WTI crude oil was $57.36 per barrel. This price was nearly 2.0% below the price of $58.36 per barrel when the market closed on December 1.
We'll briefly analyze mining stocks' correlation with gold. Gold is the most crucial of the precious metals, and mining stocks tend to increasingly take their price changes from gold.
The US dollar has fallen almost 9.1% on a YTD basis. The iShares Gold Trust (IAU) and the iShares Silver Trust (SLV) have risen 11% and 2.8%, respectively.
Among the intermediate gold miners (GDXJ), Agnico Eagle Mines (AEM) has the highest forward EV-to-EBITDA multiple of 10.1x.
As of November 24, 2017, Goldcorp, New Gold, Silver Wheaton, and Eldorado Gold had call-implied volatilities of 28.9%, 51.3%, 30.8%, and 50.4%, respectively.
The Zacks Analyst Blog Highlights: Sandstorm Gold, Randgold Resources, Eldorado Gold and Acacia Mining
If we look at the one-year correlation of miners, Barrick Gold has the lowest correlation with gold, while Eldorado Gold has the highest.
Gold demand in India is facing few headwinds including a new tax regime. India will eventually bounce back given the insatiable appetite for gold and the rising wealth of Indian consumers.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Eldorado Gold Corp. Here are 5 ETFs with the largest exposure to EGO-US. Comparing the performance and risk of Eldorado Gold Corp. 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...)
We should also consider mining stocks' price movements in relation to their moving averages. This article looks at Sibanye Gold (SBGL), Randgold Resources (GOLD), Eldorado Gold (EGO), and IamGold (IAG)....
Gold prices initially edged lower for the day on Thursday, November 16. However, they later turned marginally higher, closing at $1,278.2 per ounce.
As we analyze the performance of the precious metals market, it's crucial to look at the core mining stocks and also their technical details.
In this part, we'll concentrate on the technical readings of key mining stocks, including their call implied volatilities and RSI (relative strength index) levels.
VANCOUVER , Nov. 13, 2017 /PRNewswire/ - Eldorado Gold Corporation ("Eldorado" or the "Company") is pleased to provide an update on the Company's exploration activities completed to ...