Newmont Mining Corporation (NYSE: NEM) and Goldcorp Inc. (NYSE: GG) both reported earnings this morning. Newmont had net income of $10 million ($0.02 EPS) on revenue of $1.342 billion. On a non-GAAP…
When the going gets tough, the tough go for gold. That’s historically the way it’s worked out. And the going is definitely tough now. So what about gold? Is it going up…
These are some of the top pre-market analyst downgrades we have seen early this Friday morning: ABB (ABB) Cut to Neutral at Goldman Sachs. Barclays (BCS) Cut to Sell at RBS. Corn…
These are some of the top pre-market analyst downgrades we have seen early this Monday morning: Barrick (ABX) Cut to Neutral at UBS. Cogent (COGT) Cut to Neutral at JPMorgan. General Maritime…
In the current climate, there are hardly any stocks which are hitting new 52-week highs. If you go to the gold sector, the leaders are very far under their highs. Apparently, it…
We didn’t include Royal Gold, Inc. (NASDAQ:RGLD) in yesterday’s look at mining stocks where we outlined scenarios which would make 2009 a great year or a lousy year for the sector’s key…
In our preview of energy stocks for 2009 we were able to come up with a company that might actually provide a decent return to investors. Looking at some of the major…
In the past month, gold mining stocks have hit new 52-week lows. On October 27th, Barrick Gold Corporation (NYSE:ABX) bottomed out at $17.27, Goldcorp (NYSE:GG) hit $13.84 on the same day, and…
Gold mining stocks have a real challenge in the current environment. The top companies like Barrick (NYSE:ABX), Goldcorp (NYSE:GG), and Newmont (NYSE:NEM) are doing all they can to reduce costs in the…
South African gold miner Gold Fields Limited (NYSE:GFI) posted its fiscal year 2008 earnings today. The company has been hit hard by higher costs, lower production, and a cave-in that killed eight…
Back in July we noted that two big gold miners were pulling back on 2008 guidance. Barrick (NYSE:ABX) and Goldcorp (NYSE:GG) were both predicting production at the lower end of guidance and…
So much for high gold prices translating to earnings. Barrick Gold Corp. (NYSE:ABX) and Goldcorp Inc. (NYSE:GG) both reported second quarter numbers before market open today, and both reports were on the…
Douglas A. McIntyre We’ve now seen earnings out of gold giants Barrick Gold Corporation (NYSE:ABX) and Goldcorp (NYSE:GG), and after the close we’ll see earnings out of Kinross Gold Corporation (NYSE:KGC). As you read through…
