|Bid||15.15 x 0|
|Ask||15.27 x 0|
|Day's Range||14.88 - 15.45|
|52 Week Range||11.00 - 18.78|
|Beta (3Y Monthly)||0.87|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 12, 2019 - Feb 18, 2019|
|Forward Dividend & Yield||0.11 (0.73%)|
|1y Target Est||15.30|
The $11 billion VanEck Vectors Gold Miners ETF, ticker GDX, saw trading volume spike to its highest in two months Tuesday. GDX is the largest materials ETF and tracks corporations that are primarily involved in mining gold and silver. The precious metal offers a potential hedge against global political uncertainties like the U.S.-China trade war.
GOLD Proposes Framework for Resolution of Dispute in TanzaniaBarrick Gold’s proposed frameworkToday, Barrick Gold (GOLD) outlined a proposed framework for the resolution of the outstanding dispute between subsidiary Acacia Mining and the
What’s in the Cards for Newmont Mining’s Q4 Results?Newmont Mining’s earnings Newmont Mining (NEM) is scheduled to release its Q4 2018 earnings on February 21 before the market opens. The company will hold a conference call the same day at
VANCOUVER — Goldcorp Inc. lost almost $4 billion in the fourth quarter, owing almost entirely to a non-cash impairment related to its takeover by Newmont Mining Corp.The Vancouver-based miner said its loss compared with a $242-million profit a year earlier.The Newmont stock takeover was valued at about $10 billion, but Goldcorp's book value was worth just $13.9 million.Excluding one-time items, adjusted earnings dipped almost in half to $61 million or seven cents per share, compared with $116 million or 14 cents per share in the prior year.Gold production for the period ended Dec. 31 decreased to 630,000 ounces at an all-in sustaining cost of $765 per ounce, from 646,000 ounces at a cost of $870 per ounce in the fourth quarter of 2017. Gold sales were down 5.2 per cent to 600,000 ounces.For the full year, Goldcorp lost $4.15 billion compared with a $658-million profit in 2017. The adjusted profit plunged to $63 million or seven cents per share, from $360 million or 42 cents per share a year earlier. Companies in this story: (TSX:G)The Canadian Press
VANCOUVER , Feb. 13, 2019 /CNW/ - GOLDCORP INC. (TSX: G, NYSE: GG) ("Goldcorp" or the "Company") today reported its fourth quarter and full year 2018 results. Financial and Operational ...
Investors Are Awaiting This Update from Kinross Gold's Q4 ResultsKGC’s underperformance After underperforming its peers (GDX) (NUGT) in 2018, Kinross Gold (KGC) has continued that underperformance this year. Its stock had returned 1.3% YTD
Barrick Gold Corp on Wednesday forecast a double-digit jump in gold output this year, underscoring the growth potential of the world's largest publicly traded bullion producer after it bought rival Randgold Resources last month. Shares of Barrick fell 2.6 percent to $17.26 in morning trading. Barrick, which spent $6.1 billion on the Randgold deal, has formed new management teams, cut administrative costs and begun to spend more on geology and other mine services, part of new Chief Executive Mark Bristow's plan to set the combined company firmly apart from peers.
Goldcorp stock got a lift from a takeover offer last month, but it fell Tuesday as UBS downgraded the miner, arguing that a higher bid is unlikely.
Goldcorp Inc. (TSX:G)(NYSE:GG) is a good example of a miner fit for an RRSP, but do two other stocks make better financial sense?
What to Look For in Barrick Gold’s Q4 Earnings(Continued from Prior Part)Critical asset reviewAfter the announcement of the merger, Barrick Gold (GOLD) and Randgold Resources stressed that the merger is a step towards improving shareholder
What to Look For in Barrick Gold’s Q4 EarningsBarrick Gold’s merger with Randgold Barrick Gold (GOLD) announced its merger with Randgold Resources on September 24. Due to the perceived synergies, both the stocks gained after the news. Between the
Digging into Gold Miners' Performances ahead of Their Q4 Results(Continued from Prior Part)Earnings estimates In this article, we’ll discuss what analysts expect for gold miners’ (RING) earnings in the fourth quarter of 2018. In line with their
Digging into Gold Miners' Performances ahead of Their Q4 Results(Continued from Prior Part)Analysts’ forecasts Analysts estimates for gold miners’ (GDX) revenues can give us a good idea about their gold price (GLD) outlooks as well as their
Digging into Gold Miners' Performances ahead of Their Q4 ResultsGold versus gold mining companies Gold’s price has risen 2.2% YTD (year-to-date) after falling ~1.9% in 2018. Gold (GLD) saw its fourth consecutive positive monthly return in
Gold is adding to recent gains, with the metal hitting its highest level since May 2018 as investors take comfort from a more accommodative U.S. monetary policy. Gold is up $3.70 an ounce on Thursday, to $1,323, and has now risen 3% so far this year. Among industry leaders, (NEM) (NEM) is up 20 cents, to $33.91, and Barrick Gold (GOLD) has risen 4 cents, to $13.09.
Does Goldcorp Inc. (TSX:G)(NYSE:GG) offer Canadian investors the best source of upside in the precious metals sector?
Which Gold Stocks Are Looking Attractive in 2019?(Continued from Prior Part)Barrick’s rerating potentialAmong senior gold miners (GDX), Barrick Gold (GOLD) has the highest forward EV-to-EBITDA (enterprise value-to-EBITDA) multiple of 8.2x. This
Which Gold Stocks Are Looking Attractive in 2019?Changing gold sector landscapeThe consolidation in the gold sector (GDX) (GLD) has already taken a major step up, with two of the largest miners announcing mergers. The world’s economically
As previously disclosed, fourth quarter 2018 gold production of 630,000 ounces exceeded guidance. Éléonore exited the year at 6,600 tonnes of ore per day and produced an average of 35,000 ounces per month in the fourth quarter, in line with targeted annual gold production of 400,000 ounces. At Peñasquito the Pyrite Leach Project achieved commercial production.
Which Five Gold Stocks Are Analysts Loving So Far in 2019?(Continued from Prior Part)Analysts’ ratingsAccording to Thomson Reuters, of the 16 analysts covering Newmont Mining (NEM), 56.0% have given it “buy” recommendations, 31.0% have given
Which Five Gold Stocks Are Analysts Loving So Far in 2019?(Continued from Prior Part)Analysts’ recommendationsAccording to the consensus compiled by Thomson Reuters, 57% of the analysts covering Yamana Gold (AUY) have recommended “buys” on its