Advertisement
Singapore markets closed
  • Straits Times Index

    3,287.75
    -5.38 (-0.16%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • Dow

    38,460.92
    -42.77 (-0.11%)
     
  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     
  • Bitcoin USD

    63,464.16
    -2,920.20 (-4.40%)
     
  • CMC Crypto 200

    1,356.80
    -25.77 (-1.86%)
     
  • FTSE 100

    8,073.33
    +32.95 (+0.41%)
     
  • Gold

    2,343.00
    +4.60 (+0.20%)
     
  • Crude Oil

    82.86
    +0.05 (+0.06%)
     
  • 10-Yr Bond

    4.7040
    +0.0520 (+1.12%)
     
  • Nikkei

    37,628.48
    -831.60 (-2.16%)
     
  • Hang Seng

    17,284.54
    +83.27 (+0.48%)
     
  • FTSE Bursa Malaysia

    1,569.25
    -2.23 (-0.14%)
     
  • Jakarta Composite Index

    7,155.29
    -19.24 (-0.27%)
     
  • PSE Index

    6,574.88
    +2.13 (+0.03%)
     

Which Gold Miners Are in Good Financial Health Post-2017?

Which Gold Miners Are in Good Financial Health Post-2017?

As metals prices started weakening, investors shifted their focus from high-leverage miners (GDX) (GDXJ) to low-leverage miners with sound growth plans, leading miners to trim their balance sheets. After reducing its debt by $1.3 billion in 2016, Newmont Mining (NEM) reduced its net debt by ~$1.0 billion in 2017. It ended 4Q17 with net debt of $0.8 billion.