ThinkstockThe price of spot gold has been hammered over the past year. The top American gold producers have gone through waves of restructuring and cost cutting in an effort to squeeze out…
ThinkstockFor most of the past decade, gold was the place to be. A disastrous housing market collapse, terror attacks in the United States and a host of additional geopolitical issues pushed the…
ThinkstockBarrick Gold Corp. (NYSE: ABX) already was having a bad week after earnings, when it disclosed more delays on projects. The real snafu here was that Barrick decided to add insult to…
ThinkstockMaybe the worst is over for major gold miners and producers. Canaccord Genuity has decided to step out and initiate coverage of some key precious metals producers and miners in new coverage.…
ThinkstockGoldcorp Inc. (NYSE: GG) reported third-quarter 2013 earnings before markets opened Thursday morning. The gold miner posted adjusted earnings per share (EPS) of $0.23 on adjusted revenues of $1.2 billion. In the…
Paul Ausick ThinkstockGiven the dramatic decline in share prices, some investors may perceive gold equities as inexpensive. The analysts at Jefferies strongly disagree. In their opinion, gold equities rarely have been more expensive, when current…
ThinkstockThere are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one. Exchange traded funds (ETFs) are another. A third way is by investing in mining…
U.S. equity markets opened higher this morning, buoyed by a smaller-than-expected total of new claims for unemployment benefits in the U.S. (more coverage here). The U.S. trade deficit also fell while unit…
ThinkstockGoldcorp Inc. (NYSE: GG) reported first-quarter 2013 earnings before markets opened this morning. The gold miner posted adjusted earnings per share (EPS) of $0.31 on revenues of $1.02 billion. In the same…
Paul Ausick U.S. equity markets opened lower this morning following a weaker-than-expected employment report from ADP and concern that Friday’s report from the Bureau of Labor Statistics will follow the ADP lead (more coverage…
ThinkstockThis will not sound nice, but it isn’t meant to: It really sucks to be a gold miner right now. Gold prices have lost the wind at their back, gold production prices…
U.S. equity markets opened slightly higher this morning on better economic news out of Europe and basically good data in the U.S. In Europe, the eurozone trade balance came in better than…
U.S. equity markets opened lower this morning, dragged down by weak economic data from Europe. Germany, France, Italy, and Greece all reported worse-than-expected GDP contraction for the fourth quarter of 2012, and…
Jon OggThese are some of this Tuesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Capstead Mortgage Corp. (NYSE: CMO) cut to Market Perform at JMP Securities. Chesapeake Energy…
ThinkstockThere are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one, exchange traded products (ETFs) are another, and a third is investing in…
