|Bid||16.40 x 0|
|Ask||16.41 x 0|
|Day's Range||16.35 - 16.47|
|52 Week Range||15.56 - 23.35|
|PE Ratio (TTM)||30.09|
|Dividend & Yield||0.08 (0.56%)|
|1y Target Est||N/A|
During the FOMC (Federal Open Market Committee) meeting in September, many officials showed interest in another rate hike in 2017—and more in 2018.
Among these four mining stocks, Goldcorp has the lowest correlation with gold on a YTD basis, while Royal Gold (RGLD) has the highest correlation.
Kinross Gold stock is trading at a forward EV-to-EBITDA multiple of ~5.2x. This implies a discount of 30.6% to its peers’ average multiple.
On October 4, 2017, Goldcorp, Silver Wheaton, Barrick Gold, and Eldorado had implied volatility readings of 28.9%, 30.8%, 29.1%, and 50.4%, respectively.
September 29 was another down day for precious metal mining stocks, whose reactions often mirror precious metal prices themselves.
Thursday, September 28, was a mixed day for precious metal mining stocks as precious metals (except platinum) saw marginal revivals in prices.
Protesters in northern Mexico blocked access for a fourth day on Monday to a gold mine operated by Canada's Goldcorp over a water dispute, a development that could hit the facility's production of the precious metal. The entrances to the Peñasquito mine have been occupied since Thursday by protesters who demand the company make good on a commitment to supply nearby communities with water, said Felipe Pinedo, a leader of the protesters. Pinedo said the protesters were only allowing workers to leave the mine, which is located in northern Zacatecas state and last year produced 465,000 ounces of gold.
Most mining stocks fell on September 26, 2017, as precious metals fell due to ongoing global tensions. In this part of the series, we’ll look at Agnico Eagle Mines (AEM),…
Stocks looks set for a mixed open this morning as September, normally the market's worst month, looks set to close with solid gains. S&P 500 futures have dipped 0.75 point, while Dow Jones Industrial Average ...
Many mining stocks saw a revival in prices on Monday, September 25, 2017, since precious metals saw an upswing.
Goldcorp Inc. (TSX:G)(NYSE:GG) and Lundin Mining Corp. (TSX:LUN) are metals and mining stocks that are good buys since they are very undervalued.
Depending on if you buy a stock such as Potash Corporation of Saskatchewan Inc. (TSX:POT)(NYSE:POT) or Brookfield Infrastructure Partners L.P. (TSX:BIP.UN)(NYSE:BIP), the answer to this question is different.
Higher interest rates, while indicative of stronger economic growth, can increase the risks associated with companies that are operating in capital-intensive industries, such as Barrick Gold Corp. (TSX:ABX)(NYSE:ABX).
Here's why you shouldn't buy shares of Barrick Gold Corp. (TSX:ABX)(NYSE:ABX) because you are concerned about a potential conflict.
Alamos Gold Inc. (TSX:AGI)(NYSE:AGI) and Goldcorp Inc. (TSX:G)(NYSE:GG) are among Canadian gold equities that have benefited from the gold price surge.