1:09pm ET
Commodities & Metals
Gold Miners Not Sharing in the Wealth
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…
NEM Coverage Page 24
1:51pm ET
Commodities & Metals
QE3 Brings More Reward For Miners Than For Gold & Silver
The announcement of QE3 is not bringing a “sell the news” reaction at all when it comes to the metals market. Gold is surging, but The Devil’s Metal of silver is significantly outperforming…
8:56am ET
Commodities & Metals
Kinross Misses on Higher Costs, Lower Grade Ores (KGC, RGLD, ABX, NEM)
Kinross Gold Corp. (NYSE: KGC) reported second-quarter adjusted earnings per share (EPS) of $0.14 and $1 billion in revenue after the markets closed last night. The company posted EPS of $0.24 for…
10:01am ET
Commodities & Metals
More Trouble for Gold Miners, with Some Exceptions
Newmont Mining Corp. (NYSE: NEM) is supposed to be one of the biggest and best gold miners out there. Its high dividend is a testament to that. The problem is that gold miners…
11:31am ET
Commodities & Metals
Gold Miners’ Outlook Fades on Higher Costs, Lower Prices
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…
10:37am ET
Commodities & Metals
It Stinks To Be A Gold Miner (GG, GDX, ABX, NEM, AU, GLD)
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…
9:02am ET
Commodities & Metals
Barrick Gold Fires CEO, Wants Higher Share Price (ABX, KGC, GG, AUY, NEM, FCX)
Barrick Gold Corp. (NYSE: ABX) announced this morning that it has replaced now-former CEO Aaron Regent and appointed the company’s now-former CFO, Jamie Sokalsky, as the new CEO, effective immediately. Sokalsky will…
8:23am ET
Investing
Top Analyst Upgrades & Downgrades (AIG, ANGI, BNNY, ABX, CIEN, GNOM, GES, HL, HOG, LNKD, LULU, NEM, NOK, PAAS, RIMM, SNP, WYNN)
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. American International Group (NYSE: AIG) Raised to Buy at Sandler O’Neill. Angie’s…
10:44am ET
Commodities & Metals
After The Fall, Huge Upside & Value In Gold/Silver Miners (GDX, SIL, ABX, GG, NEM, AU, KGC, AEM, GFI, AUY, IAG, HMY, EGO, RGLD, SLW, PAAS)
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…
10:00am ET
Commodities & Metals
Royal Gold’s Reserves Grow Even as Results Lag (RGLD, ABX, KGC, NEM, GG, PAAS, GLD)
For those who believe that the price of gold is going to rise, Royal Gold Inc. (NASDAQ: RGLD) may be worth another look. Shares are essentially flat over the past 12 months,…
9:37am ET
Commodities & Metals
Gold Miners in Flux (ABX, GG, NEM, KGC, AUY, FCX)
Gold has been trading in a fairly narrow range between $1,600-$1,700/ounce for the past two months after ending 2011 at around $1,525/ounce. Gold prices spiked to near $1,800/ounce in February, but none…
8:03am ET
Investing
Top Analyst Upgrades & Downgrades (AAPL, CCL, CLNE, DFS, ESRX, GNC, GG, GRPN, KGC, NFLX, NEM, PM, SLB, TKR, URBN)
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday. Apple Inc. (NASDAQ: AAPL) Started as Buy at Auriga; target raised to…
1:55pm ET
Commodities & Metals
Are Gold Stocks a Bargain at 52-Week Lows? (GLD, ABX, NEM, GG, GDX)
Gold is trying to recover on Thursday as it moves back and forth between being a risk-trade asset and an end of the world trade. While gold may be on the mend or at least…
1:13pm ET
Investing
Newmont Mining to Issue New Debt (NEM)
Newmont Mining Corp. (NYSE: NEM) has filed a notice with the SEC to offer senior unsecured notes from its existing shelf registration. The company did not specify the amount for the notes,…
Paul Ausick 4:14pm ET
Investing
24/7 Wall St. Closing Bell (AAPL, NEM, DNDN, CHTR, APOL, COST, PCLN, HFC, AZO, CRZO, DPZ, ODP, SAFM, RDC, TECD, YRCW, ALIM, TBET, SUMR, PEIX, CECO)
Stocks started the day nearly flat before turning down on a poor report on US durable goods orders (more coverage here) and a slide in the Case-Shiller home price index (more coverage…