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12 Gold Stocks Moving In Tuesday's Session
Tuesday, January 28, 2020 - 1:40pm | 382Read More...Losers • Harmony Gold Mining Co, Inc. (NYSE:HMY) shares decreased by 7.7% to $3.29 during Tuesday's regular session. • Hecla Mining, Inc. (NYSE:HL) stock plummeted 7.7% to $2.93. The most recent rating by B. Riley, on November 25, is at Neutral, with a price target of $2.75. •...
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Barrick Confirms Media Reports Of Interest In Newmont Mining
Monday, February 25, 2019 - 11:24am | 451Read More...Canada-based Barrick Gold Corp (NYSE: GOLD) confirmed Monday morning its interest in buying Newmont Mining Corp (NYSE: NEM) in a deal expected to capture "the missing billions." What Happened Media reports circulated last week that Barrick Gold is considering a hostile bid to...
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Should You Buy The Rate-Hike Dip In Gold Miners?
Friday, December 16, 2016 - 11:50am | 345Read More...Gold and gold stocks took a tumble this week following the Federal Reserve’s highly-anticipated interest rate hike. The SPDR Gold Trust (ETF) (NYSE: GLD) is down 2.1 percent this week, while the Market Vectors Gold Miners ETF (NYSE: GDX) is down 6.8 percent. Triple-levered inverse gold ETF...
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Here's Why You Should Buy The Dip In Gold ETFs
Tuesday, October 25, 2016 - 10:00am | 509Read More...After spending considerable time as one of this year's hottest exchange-traded funds, the SPDR Gold Trust (ETF) (NYSE: GLD), the world's largest ETF backed by physical holdings of gold, has retreated 5.5 percent over the past month. Not surprisingly, much has been made of this decline....
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Citi Might Upgrade Kinross From Neutral If Mine-Life Were To Improve
Tuesday, August 2, 2016 - 11:25am | 301Read More...Alexander Hacking of Citi Research initiated coverage of the North American gold sector with an overall Neutral view. The analyst argued that gold appears to be "well supported" at its current level, but investors shouldn't "aggressively chase" the recent run up in gold...
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Investors Shrug Off Eldorado Gold's $300 Million Asset Sale
Tuesday, April 26, 2016 - 10:17am | 190Read More...Shares of Eldorado Gold Corp (NYSE: EGO) were trading flat on Tuesday following the company's announcement of a $300 million asset sale. Eldorado Gold said it reached an agreement to sell its 82 percent stake in its China-based Jinfeng mine to a subsidiary of China National Gold Group for $...
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Notable Imbalances Before Wednesday's Open: Investors Bullish On Financials, Selling Gold Stocks
Wednesday, April 13, 2016 - 9:21am | 338Read More...Here is a look at Wednesday's notable order imbalances. An order imbalance is a special situation that arises from an excess of buy or sell orders for a specific stock ahead of the opening bell. Typically, an imbalance occurs when there is notable news on a stock, including an earnings release,...
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What's Going On With Gold?
Monday, April 11, 2016 - 8:59am | 365Read More...Gold futures continued trading higher early Monday morning and reached its highest levels in almost three weeks. Bloomberg attributed the commodity's gains to a weak U.S. dollar and cautious commentary from the Federal Reserve regarding an interest rate hike. Meanwhile, European governments bonds...
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Eldorado Gold Reverses Early Morning Gains; Co. Has Received Permits In Greece
Friday, February 26, 2016 - 12:16pm | 140Read More...Shares of Eldorado Gold Corp (NYSE: EGO) were trading higher by more than 2 percent shortly after Friday's opening bell, only to return losses and trade near flat after 90 minutes of trading. Investors and traders were buyers of Eldorado's stock in the morning after the company...
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Kinross Gold Announces Public Equity Offering, Shares Tumble 10%
Thursday, February 25, 2016 - 10:33am | 151Read More...Shares of Kinross Gold Corporation (NYSE: KGC) fell more than 10 Thursday morning after the company announced a public equity offering. Kinross stated that it has entered into an agreement with underwriters for a bought deal public equity offering of 83.4 million common shares of its stock at a...
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Gold Stocks Recover After Early Losses
Thursday, February 18, 2016 - 2:50pm | 431Read More...Several gold stocks were in red after some miners reported tepid results for the fourth quarter, a period when prices for the yellow metal hit rock bottom and hurt the top line for the miners. Shares of Newmont Mining Corp (NYSE: NEM) were down as much as 7 percent after the miner reported...
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Gold Is In The Spotlight; Marc Cuban Thinks It Could Be A 'Safe Haven'
Thursday, February 11, 2016 - 2:21pm | 368Read More...Gold stocks surged on Thursday after the Fed's Janet Yellen hinted that negative interest rates could be a possibility - in theory, at least. "We haven't finished the evaluation," Yellen said during a questioning period on Capital Hill. "I wouldn't take [them] off the table." U.S. gold for delivery...
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Will Precious Metals Ever Sparkle Again?
Tuesday, September 8, 2015 - 11:16am | 588Read More...A month that saw stocks fall by their largest percentage in nearly five years has coincided with the price of gold jumping nearly 8 percent before falling off as markets stabilized toward the end of last week. SPDR Gold Trust (ETF) (NYSE: GLD), iShares Gold Trust(ETF) (NYSE: IAU) and other gold-...
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What's Next For Gold Investors?
Wednesday, June 17, 2015 - 9:24am | 416Read More...In 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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Introduction of Dividend Could Propel Shares of New Gold
Friday, June 8, 2012 - 12:27pm | 784Read More...By: Yiannis Mostrous, Investing Daily Gold investments remain the best long-term hedge against the volatility now wracking world markets. The case for gold is strong: The euro zone crisis continues to unfold, while US and European economies struggle. Gold stock prices now offer good entry points...
