A ruling by an international arbitration court will lead to the divestiture by Newmont Mining Corp. (NYSE:NEM) of a portion of the company’s stake in an Indonesian mining firm. Newmont has 180…
The recent move in gold may be saying something about how to value the commodity in an environment of low inflation and in an environment where fear brings less of a premium. …
Share prices for gold miners and gold bullion mostly dropped yesterday as traders thought it was a good day to take on more risk. In London this morning, gold prices have jumped…
These are the top pre-market analyst downgrades we have seen very early this Monday morning with well over two hours until the open: Cognizant Technology (CTSH) Cut to Underperform at Wachovia. Infosys…
The bigger they are, the more noise they make when they fall. British miner Anglo American plc (NASDAQ:AAUK) has canceled its dividend for the fourth quarter, suspended its $4 billion share buyback…
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…
