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5 Reasons BMO Upgrades Newmont Goldcorp
Wednesday, September 11, 2019 - 2:03pm | 322The bullish case for Newmont Goldcorp Corp (NYSE: NEM) can now be made, according to BMO. The Analyst BMO Capital Markets analyst Andrew Kaip upgraded Newmont Goldcorp from Market Perform to Outperform with a price target lifted from $45 to $50. The Thesis Kaip's keys to warrant a bullish...
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BMO Resumes Coverage On Gold Stocks: Bullish On Barrick, Neutral On Newmont
Wednesday, July 3, 2019 - 12:18pm | 441BMO Capital Markets resumed coverage of several gold stocks Wednesday with a bullish stance on Barrick Gold Corp (NYSE: GOLD) and a neutral stance on Newmont Goldcorp Corp (NYSE: NEM). The Analyst Andrew Kaip resumed coverage of Barrick Gold and upgraded the stock from Market Perform to Outperform...
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BMO Analyst: Sandstorm Gold Shares Could Appreciate On Further Acquisitions, Declaration of a Dividend
Thursday, June 16, 2016 - 10:48am | 266Shares of Sandstorm Gold Ltd (NYSEMKT: SAND) have outperformed against peers over the last 12 months on the back of its diversification strategy. However, certain factors could limit upside over the near to medium term, BMO Capital Markets’ Andrew Kaip said in a report. He initiated...
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BMO Says Kinross Gold Is 'Beaten Down,' Upgrades To Outperform
Monday, February 8, 2016 - 11:25am | 299Kinross Gold Corporation (USA) (NYSE: KGC) shares have gained 35 percent since January 11. BMO Capital Markets’ Andrew Kaip upgraded the rating for the company from Market Perform to Outperform, while raising the price target from $2.00 to $2.75. Potential upside in Nevada could be...
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Bay Street Analysts Still Like Silver Wheaton
Thursday, July 9, 2015 - 8:13am | 296Shares of Silver Wheaton Corp. (NYSE: SLW) plunged to a new 52-week low of $15.18 on Tuesday after the company received a proposal letter from the Canadian Revenue Agency (CRA) in which it argued the company's profits earned by foreign subsidiaries should be subject to tax in Canada. The CRA noted...
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What's Next For Gold Investors?
Wednesday, June 17, 2015 - 9:24am | 416In a new report, BMO Capital Markets analyst Andrew Kaip discusses the opportunity that BMO sees coming in the next market cycle for gold miners. Kaip believes that the cost cutting and improvement to balance sheets over the past two years have built the foundation for strong growth as gold...
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UPDATE: BMO Capital Markets Raises PT on Silver Wheaton Following Q2/13 Headline EPS Announcement
Thursday, August 15, 2013 - 10:22am | 152In a report published Thursday, BMO Capital Markets analyst Andrew Kaip reiterated an Outperform rating on Silver Wheaton (NYSE: SLW), and raised the price target from $25.00 to $31.50. In the report, BMO Capital Markets noted, “SLW announced Q2/13 headline EPS of US$0.20. After adjusting for...
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UPDATE: BMO Capital Downgrades Endeavour Silver to Underperform on Low Silver Prices
Monday, July 1, 2013 - 11:37am | 173In a report published Monday, BMO Capital Markets analyst Andrew Kaip downgraded the rating on Endeavour Silver Corp. (NYSE: EXK) from Market Perform to Underperform, and lowered the price target from $6.50 to $3.00. In the report, BMO Capital Markets noted, “BMO Research has ranked 24 proposed...
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UPDATE: BMO Capital Downgrades Pan American Silver to Underperform on Low Metal Prices
Monday, July 1, 2013 - 11:23am | 153In a report published Monday, BMO Capital Markets analyst Andrew Kaip downgraded the rating on Pan American Silver Corp. (NASDAQ: PAAS) from Market Perform to Underperform, and lowered the price target from $19.50 to $9.50. In the report, BMO Capital Markets noted, “BMO Research has ranked 24...
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UPDATE: BMO Capital Downgrades Coeur d'Alene Mines to Underperform on Lower Metal Prices, Questionable Growth
Monday, July 1, 2013 - 11:23am | 163In a report published Monday, BMO Capital Markets analyst Andrew Kaip downgraded the rating on Coeur d'Alene Mines Corporation (NYSE: CDE) from Market Perform to Underperform, and lowered the price target from $16.50 to $10.00. In the report, BMO Capital Markets noted, “BMO Research has ranked 24...
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Tahoe Resources Sell-Off Could Be a Buying Opportunity
Thursday, June 28, 2012 - 3:48pm | 437A mining exploration and development company, Tahoe Resources (NYSE: TAHO), traded significantly lower on Thursday' after the Mineweb report that the Guatemalan government might takeover up to 40% of the company. Tahoe's key development, Escobal project, is located in Guatemala. According to the...