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 analyst upgrades and positive research calls we have seen from Wall Street this Wednesday morning: El Paso Electric (EE) Raised to Hold at Jefferies. Liberty Property…
Gold prices have risen more than $100/ounce in the past two weeks, but this has done little for many of the larger gold companies. We took a look at Barrick Gold Corporation…
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 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…
These are some of the top analyst upgrades we are seeing from Wall Street this Thursday morning with about two hours to the open: First Solar (FSLR) Raised to Buy at Merriman…
South Africa-based Gold Fields Ltd. (NYSE:GFI) and US-based Newmont Mining (NYSE:NEM) both reported quarterly earnings before the market opened this morning. Newmont beat EPS estimates by a penny and missed revenue estimates…
As you will see today’s gains of 10% and more on both the DJIA and the S&P 500 Index, we wanted to explore which stocks greatly outperformed the markets today. We’d note…
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…
These are ten of the top calls we see affecting shares this Friday morning in the early pre-market trading hours: Aetna (NYSE: AET) raised to neutral at Credit Suisse. Baidu.com (NASDAQ: BIDU)…
Goldman Sachs is RAISING ITS 2008 GOLD FORECASTS factoring for a recession in the U.S. in both Q2 and Q3 2008, leading to a weaker U.S. Dollar target of $1.51/Euro (up from…
