|Bid||3.28 x 0|
|Ask||3.33 x 0|
|Day's Range||3.22 - 3.35|
|52 Week Range||2.98 - 5.16|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 24, 2018 - Apr 30, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.88|
LONDON, UK / ACCESSWIRE / March 19, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: New Gold, Dalradian Resources, ...
Of late, the most crucial factors affecting gold prices are the US dollar and the potential change in the US interest rate. Precious metals are highly sensitive to movements in Treasury rates, as gold and Treasuries are competitors as haven assets. As investors await the Federal Reserve’s meeting in a few days, there’s a high chance that the interest rate will rise.
Is Gold Set to Remain Higher for Longer as Volatility Soars? The new Federal Reserve chairman, Jerome Powell, made his first public appearance in that capacity on February 27, 2018. Testifying before the House Financial Services Committee, Powell acknowledged that the US economy has firmed up recently.
How Gold Is Pressured by Interest Rates and the US DollarSurging dollar All four precious metals moved southward on Tuesday, February 27, primarily due to the rising strength of the US dollar. The US dollar, which is depicted by the DXY index, had increased 0.56% on the same day. The DXY index traded at 90.4, gaining ~1.5% over the past one-month period and reaching a two-week peak level. The rise in the US dollar was mostly led by statements by Jerome Powell, chair of the Federal Reserve. ...
Will Gold Lose Its Shine with the Spotlight on Bitcoin? Blockchain technology, the distributed ledger mechanism that underpins cryptocurrencies such as bitcoin, is genuinely innovative and could have wide-ranging applications across financial services and beyond. In the gold market, various players are exploring blockchain in the context of transforming gold into a ‘digital asset,’ tracking gold provenance across the supply chain, and introducing efficiencies into post-trade settlement processes.
IAMGOLD’s (IAG) Westwood project had a pivotal year in 2017, as it resumed operating at the normal production level in 2Q17. Investors might recall that, during the early stages of the mine’s ramp-up, a seismic event occurred, which left part of the operation in a rehabilitative state for most of 2015. Westwood’s gold production increased 92% YoY (year-over-year) to 125,000 ounces.
On a per-share basis, the Toronto-based company said it had a loss of 34 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were 1 cent per share. The results ...
(All dollar figures are in US dollars unless otherwise indicated) TORONTO , Feb. 20, 2018 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE American:NGD) today ...
LONDON, UK / ACCESSWIRE / February 20, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: New Gold, Dalradian Resources, ...