32.70 +0.33 (1.02%)
After hours: 4:44PM EDT
|Bid||32.10 x 900|
|Ask||32.76 x 800|
|Day's range||31.74 - 32.86|
|52-week range||29.16 - 42.04|
|Beta (3Y Monthly)||0.28|
|PE ratio (TTM)||106.13|
|Earnings date||25 Oct 2018|
|Forward dividend & yield||0.56 (1.74%)|
|1y target est||41.58|
Analysts’ Views: Is It Time to Look at Gold Miners? Currently, 20 Wall Street analysts are tracking Goldcorp (GG) stock. About 65.0% of these analysts are recommending a “buy,” 30.0% are recommending a “hold,” and 5.0% are recommending a “sell.” Its current target price of $9.90 implies an upside potential of 65.0% based on its current market price.
Analysts’ Views: Is It Time to Look at Gold Miners? Of the 21 analysts covering Barrick Gold (ABX), only 14.0% recommend a “buy” for the stock, the lowest percentage of “buy” recommendations among the senior miner stocks (GDX). The decline in analysts’ optimism is mainly due to consistent issues at some of its mines.
This year started on a lukewarm note for gold and gold miners, and things started worsening after April. Gold prices have failed to draw a bid in 2018 despite many market uncertainties, including trade war tensions, the emerging market (EEM) currency crisis, and other geopolitical concerns.
Stocks that moved substantially or traded heavily Monday: Harris Corp., up $18.38 to $173.25 The defense contractor said it will combine with competitor L3 Technologies in an all-stock deal. Autodesk Inc., ...
NEW YORK, Oct. 15, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Usually, gold miners are a leveraged play on gold prices, meaning that when gold prices rise, gold miners outperform the underlying commodity, and vice versa.
Gold, Miners Have Surged on the Market Rout—What’s the Upside? While gold miners have been out of favor for a long time, that may be about to change. As uncertainty in the market is increasing, gold prices are poised to rise.
IUCN, International Union for Conservation of Nature, and Newmont Mining Corporation (NEM) (Newmont or the Company) have established a three-year collaborative agreement to identify ways the Company can meet its global targets to achieve no net loss in biodiversity, and net gains where possible. As part of the agreement, Newmont asked IUCN and its experts – including representatives of IUCN Member organizations and its Commissions – to conduct independent reviews at select mine sites using the IUCN Biodiversity Net Gain Protocol.
Stocks that moved substantially or traded heavily Monday: Eni SpA, down 96 cents to $36.61 Italian stocks sank after the country's new government said it would move forward with plans to increase spending ...
Newmont Mining Corporation (NEM) (Newmont or the Company) announced today that the Company won the Large Cap category at the National Association of Corporate Directors’ (NACD) inaugural NACD NXT Recognition Awards. Newmont was chosen from among 25 nominated boards of directors for excellence in harnessing board diversity and innovation as a strategy for creating long-term value.
Eldorado Gold (EGO) stock has seen rapidly deteriorating analyst sentiments in the past year. Currently, only 17% of the 13 Wall Street analysts covering the stock rate it a “buy.” That stands in sharp contrast to the ~50% “buy” ratings it had almost a year ago. Eldorado stock has lost 38.4% of its value year-to-date as of September 24.
According to the consensus compiled by Thomson Reuters, 22 analysts are currently covering Barrick Gold (ABX). Only 14% of them have recommended a “buy” for the stock, which is just higher than the “buy” recommendations for New Gold (NGD) among major gold miner stocks (GDX). About 77% of analysts have recommended a “hold” for Barrick Gold, and 9% have recommended a “sell.” Its target price of $14.10 implies an upside of 28% based on its current market price.
Currently, 20 Wall Street analysts are tracking Goldcorp (GG) stock. At the end of December 2017, the stock had “buy” ratings from 60% of analysts compared to 70% currently. Since the start of 2018, Goldcorp’s major upgrades have come from Credit Suisse, TD Securities, and Canaccord Genuity. Goldcorp (GG) has operations across Canada, the United States, Mexico, Central America, and South America.
According to the consensus compiled by Thomson Reuters, 77% of analysts covering Yamana Gold (AUY) stock have recommended a “buy,” while 15% have recommended a “hold.” AUY’s target price represents an upside potential of 58% based on its current market price of $3.90. Yamana’s “buy” ratings have improved to the current level of 77% from 31% a year ago. Yamana saw upgrades from Macquarie, National Bank Financial, GARP Research, GMP Securities, and BMO Capital Markets in 2018.
Year-to-date, Coeur Mining (CDE) has almost matched the performance of the Silver Miners Index (SIL) with losses of 25%. Its peers Hecla Mining (HL), Pan American Silver (PAAS), and Newmont Mining (NEM) are also trying to increase production at the lowest possible cost. Among the major precious metal mining companies, Coeur Mining has the second-highest percentage of “buy” recommendations at 88%.
Barrick Gold's (ABX) latest deal with Randgold to create an industry-leading gold company with the highest concentration of Tier One Gold Assets.
On September 21, Ashland (ASH) announced that it will increase the prices for its PureRad products. The prices will increase 6%. The price increase is expected to be effective on October 5. The price increase will likely impact North America.
How Do Analysts Rate Silver Miners? On a YTD basis, Coeur Mining (CDE) has almost matched the performance of the Silver Miners Index (SIL) with losses of 27.1%. Peers Hecla Mining (HL), Pan American Silver (PAAS), and Newmont Mining (NEM) are also trying to increase production at the lowest possible cost.