Can Gold Mining Stocks Keep Rising?
In the past week, all 12 gold mining companies with a market cap greater than $2 billion posted share price gains.
In the past week, all 12 gold mining companies with a market cap greater than $2 billion posted share price gains.
ThinkstockStocks were indicated lower on Tuesday ahead of the FOMC meeting. Still, the market is within striking distance of all-time highs again, and investors have so far bought every single pullback for…
Newmont Mining just received a favorable upgrade from none other than Credit Suisse. Also, additional color from Sterne Agee.
Monday's top analyst upgrades, downgrades and initiations include Apple, Celladon, Newmont Mining, 3D Systems, Twitter and Walt Disney.
Newmont Mining reported better-than-expected first-quarter 2015 earnings after markets closed Thursday.
After markets close Thursday evening, Newmont Mining is scheduled to report its first-quarter earnings.
The top two performing gold mining stocks for 2015 to date have both lost ground over the past 12 months, and the two worst performing gold miners have simply cratered.
Most of the largest gold mining stocks reached their year-to-date peaks at about the same time that gold did in late January. Since then, these stocks have watched share prices tumble.
Over the past 12 months, only one precious metals miner we track has posted a share price increase, and that increase is just 1.4%.
Sterne Agee sees Fedearl Reserve push for inflation as support for gold prices and gold miners.
Thursday's top analyst upgrades and downgrades include Chesapeake Energy, eBay, Enterprise Products Partners, Gilead Sciences, Newmont Mining and Wynn Resorts.
Inflation fears are on hold, jewelry buying is soft and gold -- especially the gold miners -- continues to struggle.
Most major companies seem to be raising their dividends year after year. That may be the case for most companies, but certainly not all.
Tuesday's top analyst upgrades, downgrades and initiations include American Airlines, Computer Sciences, Chevron, Coach, Duke Energy, Newmont Mining and Sprint.
We have had quarterly and full-year earnings from the big gold mining companies, and now may be a good time to see if anything has changed in the outlook for gold.