ThinkstockInvestors were buying gold yesterday on the belief that newly re-elected President Obama will not be able to come up with a way to avoid having the U.S. economy fall off the…
ThinkstockGold prices are down nearly 2% today and gold mining stocks are taking their lumps right along with the yellow metal. Today’s U.S. jobs report has pumped some air into the greenback,…
ThinkstockGold 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, prices are…
ThinkstockBarrick 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 period a…
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 metal is…
It had been a while since the real gold bugs got to make their endlessly higher calls, but the latest surge ahead of and after QE3 in gold, silver and other inflation-hedging…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday. AngloGold Ashanti Ltd. (NYSE: AU) started as Outperform at Credit Suisse. Apple…
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 of $3.5…
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 immense, but…
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 million. Yamana…
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 the miners…
Earlier this week, Kinross Gold Corp. (NYSE: KGC) released a preliminary statement on 2012 production, mining costs, and a writedown a portion of $4.6 billion in goodwill on an African property. Shares…
US equity markets opened a bit higher this morning, after futures trading pared early morning gains. Early optimism, however, was not to pan out, following some rather downbeat remarks from the president…
Asking a technician or chartist about directional movement is often mind-numbing for fundamental investors. Basing future price movement prediction solely on the past without a care about the underlying fundamentals and without a…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. AK Steel Holding Corporation (NYSE: AKS) Raised to Outperform from Market…
