|Bid||88.73 x 200|
|Ask||88.85 x 100|
|Day's Range||88.30 - 89.42|
|52 Week Range||67.10 - 94.39|
|PE Ratio (TTM)||101.29|
|Earnings Date||May 3, 2018|
|Forward Dividend & Yield||1.00 (1.12%)|
|1y Target Est||96.25|
Unrest in Syria played a role in precious metals rising on Friday, April 13. The day before, Donald Trump discussed how to address a recent Syrian poison gas attack. He threatened missile strikes, which were eventually carried out, on Saturday.
Usually, precious metal mining companies follow precious metals for price direction. Precious metals increased on Monday, April 16, 2018, which was followed by most mining shares.
While gold miners have been out of favor for a long time, that might be about to change. Since the uncertainty in the market is increasing, gold prices are poised to rise. This rise should be followed by gold miners (GDX), which are essentially a leveraged play on gold prices.
Gold stocks are percolating. And while much work remains before their long-term technicals turn bullish, the whole sector could be worth a trade here.
NEW YORK, NY / ACCESSWIRE / April 12, 2018 / Precious metal gold hit a milestone yesterday, hitting its highest level since August of 2016. The move came after President Trump threatened a missile strike ...
The overall volatility in the markets has played a vital role in determining the directional move for precious metals. Gold and silver rose on Tuesday, April 10, 2018, possibly due to reports of a poison gas attack in Syria and the ongoing trade war fears between China and the United States. The equities market in Asia also lagged on Tuesday, which could have prompted some haven bids for precious metals. Often, gold is known to diverge from the broader stock markets.
Recently, the unrest in the markets has had a big effect on precious metals and the US dollar. The US dollar has a big impact on dollar-denominated precious metals and also on mining companies. In this part of the series, we’ll look at miners’ RSI (relative strength index) scores and implied volatility. The miners we’ve selected for our analysis are First Majestic Silver (AG), B2Gold (BTG), Royal Gold (RGLD), and Goldcorp (GG).
Royal Gold, Inc. today announced that its wholly owned subsidiary, RGLD Gold AG, sold approximately 63,000 gold equivalent ounces comprised of approximately 49,000 gold ounces, 272,000 silver ounces and 2,000 tonnes of copper related to its streaming agreements during its fiscal 2018 third quarter ended March 31, 2018 .
Gold and silver have seen positive yields over the past five trading days. Gold has increased about 0.59% and silver has risen a marginal 0.2% on a five-day trailing basis. The rise in these two precious metals could have also been due to the drop in global equities after the trade war fears deepened.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Basic Materials sector is rising.
LONDON, UK / ACCESSWIRE / April 04, 2018 / Active-Investors has a free review on Royal Gold, Inc. (NASDAQ: RGLD ) following the Company's announcement that it will begin trading ex-dividend on April 05, ...
Royal Gold Inc’s (NASDAQ:RGLD) most recent return on equity was a substandard 2.14% relative to its industry performance of 10.44% over the past year. Though RGLD’s recent performance is underwhelming,Read More...
A crucial factor that could be behind the loss in precious metals on Wednesday was the rebound in the US dollar. The US Dollar Index, which is depicted by the DXY Currency Index (UUP), increased 0.82% on Wednesday. The rise of the US dollar is often detrimental for precious metals, as they are all dollar-denominated assets.
Royal Gold, Inc. today announced that its Board of Directors has declared its second quarter dividend of US$0.25 per share of common stock.
Mining stocks’ correlations with gold are crucial because gold is the big brother of precious metals. The movements in the remaining three precious metals—silver, platinum, and palladium—mostly depend on gold’s movements. For our correlation analysis, we’ll look at First Majestic Silver (AG), B2Gold (BTG), Royal Gold (RGLD), and Goldcorp (GG). Mining-based funds also have high correlations with precious metals.