Agnico Eagle Mines’ (AEM) 1Q17 results were better than expected on both revenues and earnings.
Agnico Eagle Mines (AEM) has the highest forward valuation multiple of 12.6x, which is a 51% premium to its close peers.
About 56% of the analysts covering Agnico Eagle Mines (AEM) have recommended a “buy” for the stock, while 11% recommend a “sell.”
As of June 20, 50% of the analysts covering Yamana Gold (AUY) stock have recommended a “hold,” while 38% of the analysts have issued a “buy.”
Yamana Gold (AUY) faces short-term concerns related its production and costs.
For Kinross Gold, the analyst recommendations are equally divided between “buy” and “hold” at 44% each, while 11% of the analysts recommend a “hold.”
Kinross is a high-cost gold miner among peers, but it’s upping its production growth by improving its potential growth pipeline and reducing its unit costs.
Of the 19 analysts covering Newmont Mining (NEM), 53% have issued “buy” recommendations, while 42% have issued “hold” recommendations.
Newmont Mining (NEM) has emerged as a leaner and more flexible mining company over the past two or three years by shedding its non-core assets.
After outperforming peers by a wide margin, Barrick Gold (ABX) has lagged behind so far in 2017.
As of June 20, 2017, 52% of analysts covering Goldcorp (GG) have recommended a “hold” on the stock.
Goldcorp’s (GG) management has unveiled a plan to create value for the company over the next five years.
Barrick Gold (ABX) has “hold” recommendations from 52% of its analysts, while 40% of its analysts have issued “buy” recommendations.
While gold prices have shown an impressive performance in 2017 YTD, rising 9%, the gains among gold miners have not been broad.
At 7:37 AM EST, West Texas Intermediate crude oil futures contracts for August 2017 delivery were trading at $43.48 per barrel—a fall of ~0.07%.
On June 19, 2017, Air Products and Chemicals (APD) was trading at a one-year forward PE ratio of 22.3x Praxair’s one-year forward PE ratio stood at 22.8x.
On June 16, 2017, APD closed at $145.51, which, considering the company’s current dividend rate, means that its current dividend yield is at 2.54%.
As of June 19, of the 20 analysts actively tracking APD stock, 60% had recommended a “buy,” while 30% of the analysts had recommended a “hold.”
Air Products and Chemicals (APD) is set to pay its third dividend of fiscal 2017. On May 18, 2017, APD announced a quarterly dividend of $0.95 per share.
As of June 16, 2017, Air Products and Chemicals (APD) has had a muted performance since the beginning of fiscal 2017, with a meager 1.2% return.