|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||35.93 - 36.32|
|52 Week Range||30.40 - 39.63|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 19, 2018 - Feb 23, 2018|
|Forward Dividend & Yield||0.30 (0.83%)|
|1y Target Est||42.03|
By design Wheaton's dividend has varied greatly. Here's what you need to know to understand this gold- and silver-linked dividend history.
New Gold and Goldcorp have seen upward trends in their correlations with gold, while Newmont Mining has seen its correlation decline.
Besides the impact of interest rates, there are also other global indicators that could play on precious metals—the most important being the US dollar.
A majority (or 56%) of analysts recommend a “hold” for the stock, while 44% have given it a “buy” rating. There were no “sell” ratings for the stock.
In order to analyze the performance of the precious metals market, it's important to look at the core mining stocks and their technical details.
Kinross Gold’s (KGC) liquidity position didn't change much at the end of 3Q17 compared to the end of the second quarter.
The Sprott Gold Miners (SGDM) and Global X Silver Miners (SIL) have fallen 0.21% and 1.9%, respectively, on a 30-day-trailing basis.
Kinross Gold (KGC) reported its 3Q17 results on November 8, 2017, after the markets closed. Its EPS (earnings per share) was $0.07, which was $0.05 higher than market expectations.
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).
Newmont Mining's dividend policy is unique, and you should understand how it works before you invest in this dividend-paying gold stock.
On November 1, Alamos Gold, B2Gold, Newmont Mining, and Franco-Nevada had implied volatility readings of 46.9%, 54.8%, 25.9%, and 25.5%, respectively.
Goldcorp (GG) registered a growth of 26% YoY (year-over-year) in its proved and probable mineral reserves. Its reserves increased to 53.5 million ounces.
Generating FCF (free cash flow) is very important for miners (GDX)(RING) as it helps them optimize their financial leverages, invest in projects supporting long-term value, and provide shareholder returns....
Along with Barrick Gold (ABX), Newmont Mining’s (NEM) debt rose due to acquisitions at the peak of the cycle. These companies have now turned their focus on steadily paying off their debts.
Newmont Mining (NEM) reported all-in sustaining costs (or AISC) of $943 per ounce for 3Q17, which is 1.9% higher year-over-year (or YoY) and 6.7% sequentially.
On October 26, 2017, Royal Gold, Newmont, Sibanye, and Yamana had call implied volatilities of 24.8%, 25.9%, 63%, and 48.4%, respectively.
Newmont Mining’s (NEM) project pipeline is one of the strongest in the sector (GDX)(GDXJ), better than Kinross Gold (KGC), Barrick Gold (ABX), and AngloGold Ashanti (AU).
Newmont Mining (NEM) reported its 3Q17 earnings before the market opened on October 26. It held a conference call the same day to discuss the results with analysts.