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Posts related to ‘GG’

Gold Miners’ Outlook Weakens on Higher Costs, Stagnant Prices

Gold miners have been hit hard in the past 12 months by falling prices for the yellow metal and by higher mining costs. Over the course of the past year, ...
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Barrick Did Not Strike Gold in Q3

Barrick Gold Corp. (NYSE: ABX) reported third-quarter 2012 earnings this morning. The gold miner posted adjusted earnings per share (EPS) of $0.85 on revenues of $3.44 billion. In the same ...
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Top Analyst Upgrades and Downgrades (ATVI, ALGN, ARUN, C, FITB, GG, KBH, KGC, LEN, NYX, PAAS, PNC, SIRI, TRV, WFC, XL)

These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday. Activision Blizzard Inc. (NASDAQ: ATVI) named value stock of the day ...
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Gold Miners Not Sharing in the Wealth

The price of gold has risen by about $200 an ounce since the end of June and has scored about half that gain since the first of September. The yellow ...
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More Trouble for Gold Miners, with Some Exceptions

Newmont Mining Corp. (NYSE: NEM) is supposed to be one of the biggest and best gold miners out there. Its high dividend is a testament to that. The problem is that ...
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Gold Miners’ Outlook Fades on Higher Costs, Lower Prices

Gold miner Barrick Gold Corp. (NYSE: ABX) introduces a new CEO tomorrow at its quarterly earnings show. The consensus estimate from Thomson Reuters calls for EPS of $0.95 on revenue ...
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24/7 Wall St. Closing Bell — July 11, 2012: More Profit Warnings, No Easing Keep Shares Down

The three major US stock indexes opened slightly lower this morning ahead of the release later today of the minutes of the last FOMC meeting. Asian markets were mixed overnight ...
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It Stinks To Be A Gold Miner (GG, GDX, ABX, NEM, AU, GLD)

It is often a wonder why some investors would want to own a gold mining stock if they want to invest in the upside of gold.  The rewards can be ...
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An Acquisition in Gold Country (AUY, XG, AU, GG, PAAS, CDE)

Canadian gold miner Yamana Gold Inc. (NYSE: AUY) announced this morning that it is acquiring Canadian junior miner Extorre Gold Mines Ltd. (AMEX: XG) for a total of about $395 ...
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Barrick Gold Fires CEO, Wants Higher Share Price (ABX, KGC, GG, AUY, NEM, FCX)

Barrick Gold Corp. (NYSE: ABX) announced this morning that it has replaced now-former CEO Aaron Regent and appointed the company’s now-former CFO, Jamie Sokalsky, as the new CEO, effective immediately. ...
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Junior Gold/Silver Miners Surge (XRA, TGD, AXU, THM, GSS, ASM, FSM, AUMN, KGN, AEM, GG, IAG, GOLD, RGLD, GLD, GDX, GDXJ)

Of the top 25 price gainers today, 15 are gold or silver miners, most are the juniors, and all are up about 9%-12%. Recent weak US employment news and a ...
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After The Fall, Huge Upside & Value In Gold/Silver Miners (GDX, SIL, ABX, GG, NEM, AU, KGC, AEM, GFI, AUY, IAG, HMY, EGO, RGLD, SLW, PAAS)

Gold and silver have finally indicated that the free fall we saw over the last month may have at least stabilized.  The markets are mixed today in the commodities and ...
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Royal Gold’s Reserves Grow Even as Results Lag (RGLD, ABX, KGC, NEM, GG, PAAS, GLD)

For those who believe that the price of gold is going to rise, Royal Gold Inc. (NASDAQ: RGLD) may be worth another look. Shares are essentially flat over the past ...
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Gold Miners in Flux (ABX, GG, NEM, KGC, AUY, FCX)

Gold has been trading in a fairly narrow range between $1,600-$1,700/ounce for the past two months after ending 2011 at around $1,525/ounce. Gold prices spiked to near $1,800/ounce in February, ...
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24/7 Wall St. Closing Bell (AAPL, ESRX, GG, NFLX, SLB, CMVT, ISCA, FRS, TISI, MIND, MON, AYI, HEAT, FSLR, VRNG, AONE, MRGE, CONN)

Markets opened flat to lower this morning and stayed right around the break-even line most of the morning. The report on factory orders was weaker than expected(our coverage here), although ...
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