gold prices

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2 Big Gold Stock Upgrades by Different Analysts

Is it possible that the view on gold mining stocks could be coming back in favor again? It turns out that 24/7 Wall St. witnessed key upgrades from different analysts ...
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uncertainty market evolution

Gold Index Rebalance Means Massive Buy and Sell Volume for 5 Stocks

On the close Friday, the Amex Gold Miners Index (NYSE: GDM) is set for a rebalance. What this means is the index will be rebalanced to reflect reweighting allocations across ...
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Is Newmont Mine Acquisition Better Than a Merger With Barrick?

Less than two months ago there was talk that Newmont Mining Corp. (NYSE: NEM) and Barrick Gold Corp. (NYSE: ABX) were again considering a merger, after breaking off early talks ...
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Why Gold Does Not Like Stronger US Employment and Payrolls Data

If there is one magical and mystical commodity that doesn't want higher interest rates, it is gold. The U.S. Labor Department's strong payrolls report has put a bit of fear ...
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How Big Are the Social and Economic Global Impacts of Gold Mining?

Gold has been the luster of kings, merchants and commoners for many centuries. One key consideration in the latter part of the 20th century, the beginning of the 21st century ...
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Will Fear Drive Gold Prices Higher in June?

As of this writing, gold for August 2015 delivery is up nearly 0.6%. This is after gold closed the month of May with a 0.4% gain. The media are throwing ...
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Open pit mine

Can Gold Mining Stocks Keep Rising?

Gold on the COMEX settled above $1,225 an ounce on Thursday, its highest point since early March, but still around $100 an ounce below its 12-month high. The yellow metal ...
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Investor Demand for Gold Up for First Time Since Late 2012

The World Gold Council released its first-quarter report on gold demand trends Thursday morning, and the results show a mostly flat performance compared with the first quarter of 2014. Overall ...
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Silver

Low Commodity Prices Upend Silver Wheaton Profits

Silver Wheaton Corp. (NYSE: SLW) reported first-quarter 2015 results after markets closed Thursday. The silver streaming company posted adjusted diluted earnings per share (EPS) of $0.13 on revenues of $130.5 ...
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underground mining

Are Hecla Earnings Pressures Remaining Into 2016?

Hecla Mining Co. (NYSE: HL) has reported earnings, and a good news and bad news argument remains in place in its turnaround. While earnings were close to being in line ...
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underground mining

Is Newmont Now the Best Big Gold Stock?

Newmont Mining Corp. (NYSE: NEM) just received a favorable upgrade from none other than Credit Suisse. The brokerage firm upgraded Newmont to an Outperform rating from Neutral, with a price ...
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Open pit mine

How Newmont Managed to Double Its Profits

Newmont Mining Corp. (NYSE: NEM) reported first-quarter 2015 earnings after markets closed Thursday. The gold miner posted adjusted earnings per share (EPS) of $0.46 on revenues of $2.0 billion. In ...
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underground mining

What to Watch for in Newmont Mining Earnings

After markets close Thursday evening, Newmont Mining Corp. (NYSE: NEM) is set to report first-quarter earnings. Analysts have a consensus earnings per share (EPS) estimate of $0.23 on sales of ...
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underground mining

Looking for Upside in Top Gold Winners and Losers of 2015

Gold for June delivery closed on Friday at $1,203.30 an ounce, up about 6% from its 52-week low around $1,134 an ounce last November. The yellow metal’s 52-week high is ...
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Will Competing Bids Snatch Up This No-Premium Gold Merger?

Over the course of the past year, gold stocks have had a rough road with the price of gold near multiyear lows. With prices edging lower, it is getting tougher ...
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