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Which Gold Miners Are in Good Financial Health Post-2017?

Which Gold Miners Are in Good Financial Health Post-2017?

As metals prices started weakening, investors shifted their focus from high-leverage miners (GDX) (GDXJ) to low-leverage miners with sound growth plans, leading miners to trim their balance sheets. After reducing its debt by $1.3 billion in 2016, Newmont Mining (NEM) reduced its net debt by ~$1.0 billion in 2017. It ended 4Q17 with net debt of $0.8 billion.