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, ... Read Full Story »
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 ... Read Full Story »
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 ... Read Full Story »
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 ... Read Full Story »
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 ... Read Full Story »
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 ... Read Full Story »
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 ... Read Full Story »
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 ... Read Full Story »
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 ... Read Full Story »
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. ... Read Full Story »
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 ... Read Full Story »
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 ... Read Full Story »
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 ... Read Full Story »
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, ... Read Full Story »
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 ... Read Full Story »