Yamana Gold Inc

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  • uploads///Gold Futures Three Day Chart and Pivots
    Macroeconomic Analysis

    Gold Continues to Plummet as Brexit Fears Ease

    Gold futures for August expiration fell 0.2% to settle at $1,270 an ounce after touching $1,263.8 on Wednesday, June 22.

    By Meera Shawn
  • uploads///ETFs
    Financials

    Why investors should watch ETF holdings closely

    Outflows from exchange-traded funds (or ETFs) led to an ~28% fall in gold prices in 2013. They sold a combined 881 tons of gold. Investors should monitor the change in ETF holdings.

    By Anuradha Garg
  • uploads///WTI
    Basic Materials

    Low crude oil prices impact gold

    Cheaper oil means lower inflation. This means gold should be affected negatively since it’s usually considered a hedge against inflation.

    By Anuradha Garg
  • uploads///MINER
    Miscellaneous

    Analyzing the Mixed Performance of Miners on June 19

    Goldcorp (GG), Yamana Gold (AUY), and Hecla Mining (HL) have fallen 4.1%, 15.7%, and 1.1% year-to-date, respectively. However, Gold Fields (GFI) has risen 14.6% year-to-date.

    By Meera Shawn
  • uploads///Yamana
    Company & Industry Overviews

    Why Yamana Could Fall Harder than Its Peers if Gold Pulls Back

    Historically, Yamana Gold has lagged behind its peers. Due to its high financial leverage, it’s a higher beta play on gold compared to its peers.

    By Anuradha Garg
  • uploads///India and China Gold Demand for
    Macroeconomic Analysis

    Gold Demand: India Supersedes China Once Again

    India and China are close competitors for the title of number-one gold buyer. Together, the countries make up about 50% of the total global demand for gold.

    By Meera Shawn
  • uploads///Current ratio
    Company & Industry Overviews

    A Look at Gold Miners’ Liquidity Positions

    Along with a good solvency position, Kinross Gold (KGC) also has a comfortable liquidity position with a current ratio of 3.9x.

    By Anuradha Garg
  • uploads///india gold imports
    Basic Materials

    How Indian Demand Could Influence Gold Prices

    India and China remain the top two consumers of gold (IAU) and silver (SLV).

    By Meera Shawn
  • uploads///CORRELATION
    Miscellaneous

    Mining Stocks: How’s the Correlation Trending?

    Mining stocks with a higher correlation to precious metals will likely be impacted more by global indicators that influence precious metals.

    By Meera Shawn
  • uploads///Barrick
    Earnings Report

    Investors Should Know These Updates from Barrick Gold in 2Q16

    Barrick Gold delivered FCF (free cash flow) of $181 million in 1Q16, making it the fourth consecutive quarter of positive FCF.

    By Anuradha Garg
  • uploads///AEM
    Basic Materials

    Why Investors Are Waiting for These Updates from Agnico Eagle Mines

    AEM stock rose 10.0% in 2017, compared with the 12.8% gain seen by the SPDR Gold Shares and the VanEck Vectors Gold Miners ETF’s 11.1% gain.

    By Anuradha Garg
  • uploads///Gold price versus US Ten year Treasury yield
    Macroeconomic Analysis

    The Federal Reserve Minutes Pushed Gold Higher

    As the Federal Reserve released minutes from its December meeting, gold prices jumped higher.

    By Meera Shawn
  • uploads///Valuation
    Earnings Report

    Why Is IAMGOLD’s Valuation Discount Slipping?

    Lower historical multiple Historically, IAMGOLD (IAG) has traded at a lower valuation as than its peers. But after the transformation it has shown so far in 2017, its discount has fallen. While the average five-year discount to its intermediate peers (GDXJ) is about 35%, its current discount is 20%. Reasons for contraction of discount IAG stock is now trading […]

    By Anuradha Garg
  • uploads///Gold versus Two and Ten Year Interest Rates
    Macroeconomic Analysis

    Gold Fell as US Interest Rates Soared

    Investors were somewhat pessimistic about gold during the last quarter of 2016. Most of the fluctuations were due to the news of the interest rate hike.

    By Meera Shawn
  • Basic Materials

    Why India’s real interest rates are moving up, affecting gold

    Tracking China and India’s inflation figures can give you insight into gold prices’ future direction. It also provides you a look into gold-backed exchange-traded funds (or ETFs) like the SPDR Gold Shares (GLD).

    By Anuradha Garg
  • uploads///India gold imports
    Macroeconomic Analysis

    India’s Slumping Gold Imports Are Bad News for Gold Investors

    India imported gold worth $1.97 billion in June—a fall of 37% YoY (year-over-year). That’s quite low compared to a rise of 10.50% YoY in May.

    By Anuradha Garg
  • uploads///Gold versus Two and Ten Year Interest Rates
    Macroeconomic Analysis

    Will Gold Keep Clinging to US Interest Rates?

    Investors are cautious about investing in gold after the sudden surge over the past three months. The Market sentiment in gold seems to be far from bearish.

    By Meera Shawn
  • uploads///CORRELATION
    Miscellaneous

    Inside the May Correlation Trends for Precious Metals

    As global tumult grips markets and investors turn to mining stocks as safe havens, it’s crucial to understand which stocks are closely tied to precious metals.

    By Meera Shawn
  • uploads///Gold Silver Spread
    Miscellaneous

    How Is the Gold-Silver Ratio Moving in April 2017?

    As of April 18, 2017, gold and silver have risen 12% and 14.8%, respectively, year-to-date.

    By Meera Shawn
  • uploads///Valuatino
    Basic Materials

    What Factors are Impacting Yamana Gold’s Valuation?

    Yamana Gold’s (AUY) valuation multiple has varied widely between 5.1x and 15.1x.

    By Anuradha Garg
  • uploads///Santa Luz
    Basic Materials

    C1 Santa Luz Gets Go-Ahead, But Will It Be Positive for Yamana Gold?

    On July 28, Yamana Gold (AUY) announced the recommissioning of C1 Santa Luz, a project located in Bahia, Brazil. It was put on care and maintenance in 2014.

    By Anuradha Garg
  • uploads///RSI
    Miscellaneous

    Inside Mining Stocks at the End of May: Implied Volatility and RSI

    The iShares Silver Trust and the iShares Gold Trust have gained 2.9% and 0.91%, respectively, in the past five days, likely due to the precious metal rebound.

    By Meera Shawn
  • uploads///Revenue estimates
    Earnings Report

    What Do Revenue Estimates for Gold Mining Companies Point to in 2Q16?

    Wall Street analysts estimate revenue of $2.0 billion in 2Q16 for Barrick Gold (ABX), which is slightly higher than the $1.9 billion ABX earned in 1Q16.

    By Anuradha Garg
  • uploads///Commodity exposure
    Basic Materials

    What Upside Does the Sale of Batu Hijau Provide to Newmont?

    On June 30, 2016, Newmont Mining (NEM) announced the much-awaited stake sale in its Batu Hijau copper-gold mine in Indonesia.

    By Anuradha Garg
  • uploads///gold  month chart  Apr
    Company & Industry Overviews

    Gold Prices: Driven by Delayed Interest Rate Hike and Weak Dollar

    Gold prices gained 1.71% YTD (year-to-date)—despite the US Dollar Index increasing by almost 9% YTD. Prices are in a long-term downtrend.

    By Gordon Kristopher
  • uploads///Conclusion
    Basic Materials

    Increased Volatility and Gold Investors

    While gold miners have been out of favor for a long time, that might be about to change. Since the uncertainty in the market is increasing, gold prices are poised to rise.

    By Anuradha Garg
  • uploads///Price performance_All categories
    Company & Industry Overviews

    As Gold Miner ETFs Rally, Why Are Gold Prices Headed South?

    When gold prices fell by 11% in 2015, GDX amplified that loss by returning -25%. In 2016, GDX amplified gold’s gains positively.

    By Anuradha Garg
  • uploads///Analyst reco
    Company & Industry Overviews

    How Are Analysts Rating Coeur Mining?

    The market consensus rating for Coeur Mining stock is a “buy” from 60.0% of analysts. About 40.0% are recommending a “hold.”

    By Anuradha Garg
  • uploads///Reserves
    Company & Industry Overviews

    Must-know: An overview of Newmont Mining

    Newmont Mining Corporation (NEM) is the world’s second largest gold producer and the only gold company included in the S&P 500 Index.

    By Anuradha Garg
  • uploads///Production
    Earnings Report

    What Led to Weaker Production Performance for Kinross in 2Q16?

    Kinross Gold (KGC) produced 671,267 GEOs (gold equivalent ounces) in 2Q16, which represents a 1% YoY (year-over-year) rise but a sequential decrease of 2%.

    By Anuradha Garg
  • uploads///gold  march
    Company & Industry Overviews

    Gold prices hold above the key support of $1,160

    Gold April futures contracts are trading in a downward trending channel. Gold prices settled just above the key support on March 9, 2015.

    By Gordon Kristopher
  • uploads///US Corporate tax Fiscal deficit
    Macroeconomic Analysis

    Why IMF Is Worried about the US’s Expanding Debt Profile

    The US had a budget deficit of $215 billion in February 2018, the largest in six years.

    By Anuradha Garg
  • uploads///gold  day chart may
    Macroeconomic Analysis

    Gold Prices Remain Almost Flat Despite the Appreciating Dollar

    This series analyzes gold prices and market fundamentals. June gold futures trading on the COMEX slightly declined by 0.02% on May 22, 2015.

    By Gordon Kristopher
  • uploads///Valuation
    Company & Industry Overviews

    Watch These Drivers in Assessing Yamana’s Future Valuation

    Yamana Gold’s (AUY) valuation multiple has varied widely between 5.1x and 15.1x.

    By Anuradha Garg
  • uploads///NEM_Earnings
    Basic Materials

    Analysts’ Estimates: Could NEM’s Near-Term Profitability Decline?

    Although 2017 has not been very good for Newmont Mining stock due to short-term issues, its outlook remains strong.

    By Anuradha Garg
  • uploads///Leverage
    Basic Materials

    Inside Yamana Gold’s Financial Deleveraging Efforts

    Yamana Gold (AUY) is committed to reducing its net debt by $300 million by the end of 2017.

    By Anuradha Garg
  • uploads///CORRELATION
    Miscellaneous

    Analyzing the Correlation Trends of Miners in May 2017

    Over the past three years, Yamana has seen a rising correlation with gold, while AngloGold has seen a falling correlation to gold.

    By Meera Shawn
  • uploads///Conclusion
    Macroeconomic Analysis

    Gold Appears to Be Solid for the Short Term

    If the uncertainty in the Eurozone increases, gold may rally. On the other hand, a sooner-than-expected rate hike would likely push down non-yielding assets such as gold.

    By Anuradha Garg
  • uploads///KGC
    Energy & Utilities

    Baupost Group opens PBF position, raises MU and THRX share, and sells AIG, AUY, and KGC—13F Flash F

    The Baupost Group, LLC, is a hedge fund founded and run by Seth Klarman in 1982. Why sell Kinross Gold Corp. (KGC)?

    By Samantha Nielson
  • uploads///AdobeStock_
    Basic Materials

    Which Gold Stocks Do Analysts Love and Hate?

    Gold price’s reversal this year has created opportunities in gold stocks. The SPDR Gold Shares ETF (GLD) had gained 11% year-to-date as of Friday.

    By Anuradha Garg
  • uploads///AISC
    Earnings Report

    Forget Newmont’s 3Q16 Costs—They’re Going Much Lower

    For 3Q16, Newmont Mining (NEM) reported AISC (all-in sustaining costs) of $925 per ounce, which is 5% higher YoY and 6% higher quarter-over-quarter.

    By Anuradha Garg
  • uploads///Analyst Reco
    Miscellaneous

    Analyst Sentiment for Coeur Mining: Why It’s Changing

    The market consensus rating for Coeur Mining stock is a “buy” from 67.0% of analysts. About 33.0% are recommending a “hold.”

    By Anuradha Garg
  • uploads///Ratings
    Earnings Report

    How Are Analysts Rating Yamana after Its 3Q16 Results?

    About 45% of analysts covering AUY have given it a “buy” recommendation. About 45% of analysts have issued a “hold.” Only 9% have issued a “sell.”

    By Anuradha Garg
  • uploads///Intermediate Miners
    Company & Industry Overviews

    Which Intermediate Gold Miners Look Undervalued at Current Levels?

    Intermediate gold miners are smaller than senior gold miners in terms of production and market capitalization, but they’re still generally liquid, unlike their junior counterparts (GDXJ).

    By Anuradha Garg
  • uploads///Valuation
    Earnings Report

    How Yamana Gold Can Narrow the Valuation Gap with Peers

    Yamana Gold’s (AUY) valuation multiple has varied widely between 5.1x and 15.1x. Yamana Gold is now trading at a forward EV-to-EBITDA multiple of 5.1x.

    By Anuradha Garg
  • uploads///Analyst reco
    Company & Industry Overviews

    Are Analysts Coming Around to Coeur Mining?

    The market consensus rating for Coeur Mining stock is split between “buy” and “hold.” Of the nine analysts covering the company, 56% have “buy” recommendations.

    By Anuradha Garg
  • uploads///Greece
    Macroeconomic Analysis

    Gold sinks on Greek bailout extension

    Agreement on the Greek bailout extension sent gold reeling to under $1,200 per ounce. Highly indebted Greece now has four months to get its ducks in a row.

    By Anuradha Garg
  • uploads///Debt
    Earnings Report

    How Barrick Gold Plans to De-Lever Its Balance Sheet in 2017

    Barrick Gold has reiterated that strengthening its balance sheet is its top priority. The company achieved debt reduction of $2.0 billion in 2016.

    By Anuradha Garg
  • uploads///gold _
    Basic Materials

    These Factors Could Turn Newmont Mining’s Fortunes around in 2019

    Newmont Mining reported EPS of $0.33, which beat the consensus estimate by $0.14. Its revenue of $1.73 billion, however, missed the mark.

    By Anuradha Garg
  • uploads///Tasiast
    Basic Materials

    Could the Temporary Suspension at Tasiast Impact Kinross’s Phase 1 Expansion?

    Kinross’s Phase 1 at Tasaist should increase mill throughput capacity from 8,000 to 12,000 tons per day, reduce operating costs, and increase production.

    By Anuradha Garg
  • uploads///Valuation
    Basic Materials

    Next Catalysts That May Affect Newmont’s Valuation Multiple

    Newmont Mining has a valuation multiple of 8.6x, with an expected EBITDA margin of 40% for 2017. At the start of 2016, it was trading at a multiple of 6.6x.

    By Anuradha Garg
  • uploads///Analyst reco
    Basic Materials

    What Does Wall Street Have to Say about Gold Mining Companies ahead of 2Q16 Earnings?

    Analyst recommendations and ratings are some of the most important market indicators investors can study. Ratings show how bullish or bearish analysts are.

    By Anuradha Garg
  • uploads///AIG
    Energy & Utilities

    Baupost Group opens PBF position, raises MU and THRX share, and sells AIG, AUY, and KGC—13F Flash D

    The Baupost Group, LLC, is a hedge fund founded and run by Seth Klarman in 1982. Why sell American International Group (AIG)?

    By Samantha Nielson
  • uploads///US dollar index vs Australian dollar
    Macroeconomic Analysis

    Australian Miners Hit by Declining Gold Prices, Rising US Dollar

    Slumping commodity markets are prompting miners to respond to lower asset prices. Major North American miners including Barrick Gold (ABX) have already put a few mines up for sale.

    By Meera Shawn
  • uploads///AUY
    Energy & Utilities

    Baupost Group opens PBF position, raises MU and THRX share, and sells AIG, AUY, and KGC—13F Flash E

    The Baupost Group, LLC, is a hedge fund founded and run by Seth Klarman in 1982. Why sell Yamana Gold Inc. (AUY)?

    By Samantha Nielson
  • uploads///FCF
    Earnings Report

    Newmont Revises Dividend Policy on Higher Gold Prices, Strong Free Cash Flow

    Newmont Mining generated positive free cash flow of $240 million in 3Q16, which represents a rise of 51% as compared to the same period last year.

    By Anuradha Garg
  • uploads///Intro
    Earnings Report

    What Led to Yamana Gold’s 3Q16 Earnings Miss?

    Yamana Gold reported 3Q16 EPS of $0.02, missing the consensus estimate by $0.02. Its revenue of $464 million was lower than the estimate of $507 million.

    By Anuradha Garg
  • uploads///FCF
    Basic Materials

    What Factors Drove Newmont’s Free Cash Flow Generation in 2Q17?

    Newmont Mining (NEM) achieved positive free cash flow of $346 million in 2Q17, compared with $199 million in 1Q17.

    By Anuradha Garg
  • uploads///Production
    Earnings Report

    How Yamana Gold Could Improve Its Production in 4Q16?

    Yamana Gold produced 328,604 ounces of gold in 3Q16—3% higher YoY but still lower than market expectations, mainly due to weaker production at El Peñón.

    By Anuradha Garg
  • uploads///money _
    Dividends

    Yamana Sells Chapada Mine to Lundin Gold and Raises Dividends

    Today, Yamana Gold (AUY) announced that it has agreed to sell its fully owned Chapada mine to Lundin Gold (LUNMF) for $1 billion.

    By Anuradha Garg
  • uploads///Debt
    Earnings Report

    Newmont Mining Is ahead of Its Debt Reduction Target

    On October 27, 2016, Newmont Mining (NEM) announced an offer to purchase for cash notes due 2022 worth $500 million.

    By Anuradha Garg
  • uploads///gold ingots golden treasure
    Basic Materials

    Upside for Yamana Gold after Its Q3 Earnings

    Yamana Gold released its third-quarter results before the markets opened on October 26. The company held a conference call the same day.

    By Anuradha Garg
  • uploads///Costs
    Earnings Report

    Understanding Newmont’s Scope for Cost Improvement

    For 1Q17, Newmont reported AISC (all-in sustaining costs) of $900 per ounce, which is 8.7% higher year-over-year and 2% lower quarter-over-quarter.

    By Anuradha Garg
  • uploads///Net debt
    Earnings Report

    Where’s Newmont’s Debt Reduction Plan Now?

    Last year, Newmont repaid $1.3 billion in debt, which brought its net debt at the end of 2016 to $1.9 billion and represents a huge reduction of 46% year-over-year.

    By Anuradha Garg
  • uploads///NEM
    Basic Materials

    Where Newmont Mining Ranks among Gold Miners Today

    NEM stock is being covered by 18 Wall Street analysts today, of which 61% recommend a “buy” for the stock, while 39% recommend a “hold.”

    By Anuradha Garg
  • uploads///FCF
    Basic Materials

    Can Newmont’s Free Cash Flow Lead to a Doubled Dividend?

    FCF (free cash flow) is important for gold miners. It helps them invest in projects that can optimize financial leverage and boost shareholder returns.

    By Anuradha Garg
  • uploads///MA
    Company & Industry Overviews

    Which Gold Miners Can Pursue Mergers and Acquisitions?

    After peaking in 2011, gold prices fell for four straight years, which led gold miners to cut back on sustaining and growth capital, lower exploration spends, and divest assets.

    By Anuradha Garg
  • uploads///Physical gold demand
    Company & Industry Overviews

    What Rising Physical Gold Demand Could Mean for Prices

    After falling 18% in 1Q17, physical demand for gold seems to have picked up in 2Q17.

    By Anuradha Garg
  • uploads///Intermediate miners
    Company & Industry Overviews

    Should You Avoid Intermediate Gold Miners with High Leverage?

    Intermediate gold miners aren’t far behind senior gold miners in terms of mimicking gold price trends.

    By Anuradha Garg
  • uploads///Debt
    Earnings Report

    Is Yamana Gold Making Any Progress in Reducing Its Debt?

    Yamana Gold is committed to reducing its net debt by $300 million by the end of 2017. The company is targeting a net debt-to-EBITDA ratio of below 1.5x.

    By Anuradha Garg
  • uploads///Gold miners
    Fund Managers

    Which Gold Miners Are Ray Dalio and John Paulson Betting On?

    Hedge funds increased their net positions in the SPDR Gold Shares ETF during the first quarter.

    By Anuradha Garg
  • uploads///Valuation
    Earnings Report

    Gold Miners’ Key Valuation Catalysts as 4Q16 Results Draw Near

    Valuation for capital-intensive industries The EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple is a good valuation measure for capital-intensive industries. It helps investors compare companies with varying capital structures. Higher multiples The chart above compares gold miners’ EV-to-forward EBITDA multiples and EBITDA margins for 2017. Among North American intermediate gold […]

    By Anuradha Garg
  • uploads///Relative opportunity
    Company & Industry Overviews

    What Are the Relative Opportunities in the Senior Gold Miner Space?

    Goldcorp (GG) has relatively underperformed the senior gold miners year-to-date.

    By Anuradha Garg
  • uploads///FCF Yield
    Earnings Report

    Could Yamana’s Free Cash Flow Accelerate Going Forward?

    Yamana generated net FCF of $78 million in 3Q16, which is a gain of $70 million as compared to the same period last year.

    By Anuradha Garg
  • uploads///Cost
    Basic Materials

    What Led Yamana Gold to Increase Its Cost Guidance for 2016?

    Yamana Gold’s (AUY) gold cash costs for 2Q16 were $664 per ounce, as compared to $577 per ounce in 2Q15.

    By Anuradha Garg
  • uploads///Intermediate
    Company & Industry Overviews

    Watch for These Catalysts in Intermediate Gold Miners’ Q4 Results

    Intermediate gold miners are smaller than senior gold miners in terms of production and market capitalization, but they’re still generally liquid, unlike their junior counterparts.

    By Anuradha Garg
  • uploads///Valuation
    Earnings Report

    Kinross Gold’s Valuation Gap—and What Could Narrow It

    Kinross Gold (KGC) is trading at a forward multiple of 4.7x—the lowest among peers.

    By Anuradha Garg
  • uploads///gold  day chart May
    Macroeconomic Analysis

    Gold Prices Rise: Fed Signals a Delay in the Interest Rate Hike

    COMEX-traded gold futures for June delivery increased slightly by 0.17% on May 20 and closed at $1,208.70 per ounce—led by the delayed interest rate hike.

    By Gordon Kristopher
  • uploads///Newmont vs
    Company & Industry Overviews

    Why Is Newmont Mining Taking the Lead?

    Newmont Mining (NEM) is one of the leading gold miners. It contributes about 5.43% to the VanEck Vectors Gold Miners ETF (GDX).

    By Meera Shawn
  • uploads///Valuation
    Earnings Report

    Which Gold Miners Could See Valuation Upside after 1Q18 Earnings?

    Among the senior mining companies under review in this series (GDX), Agnico Eagle Mines (AEM) is trading at the highest EV-to-forward EBITDA.

    By Anuradha Garg
  • uploads///Valuation
    Earnings Report

    Key Valuation Catalysts for Gold Miners as 3Q16 Earnings Draw Near

    Companies with higher financial and operational leverages outperform companies with lower leverages in times of higher gold prices.

    By Anuradha Garg
  • uploads///Intro
    Basic Materials

    Which Gold Miners Benefitted Most from the 1H16 Gold Rush?

    Gold prices rose 23% in the first half of 2016, making gold one of the best-performing investments so far this year.

    By Anuradha Garg
  • uploads///Analyst Reco
    Basic Materials

    Analysts Have a Mixed View of Gold Miners ahead of Q2 Earnings

    Among the senior and intermediate miners, Eldorado Gold (EGO) and New Gold (NGD) have the fewest “buy” ratings at 15% each.

    By Anuradha Garg
  • uploads///FCF estimates
    Earnings Report

    Which Gold Mining Companies Could Generate Free Cash Flow in 2Q16 and Beyond?

    Analysts estimate that Barrick Gold will have positive FCF of $292 million in 2Q16 and ~$1.1 billion in 2016. Barrick generated $471 million in FCF in 2015.

    By Anuradha Garg
  • uploads///Intro
    Earnings Report

    What Drove the Earnings Miss for Yamana Gold in 2Q16?

    Yamana Gold (AUY) reported 2Q16 EBITDA of $148 million, which is lower than consensus expectations of $167 million.

    By Anuradha Garg
  • Basic Materials

    Why did China’s gold imports from Hong Kong surge in September?

    In 2013, China became the world’s largest gold market. It accounts for around one-third of global gold demand. The World Gold Council (or WGC) expects demand to grow by at least another 20% by 2017.

    By Anuradha Garg
  • uploads///paper business office table laptop
    Miscellaneous

    Eldorado Gold Stock Skyrocketed on May 22

    On May 22, there was a sense of relief for Eldorado Gold stock. Eldorado Gold stock skyrocketed and closed 16.8% higher yesterday.

    By Anuradha Garg
  • uploads///gold  day chart May
    Macroeconomic Analysis

    Gold Prices Gain Marginally despite Sluggish Demand

    Gold had a mediocre performance in yesterday’s trade. Gold prices increased by 2.24% YTD—led by increased demand from India.

    By Gordon Kristopher
  • uploads///gold  day chart May
    Macroeconomic Analysis

    Gold Prices Decline for the First Time in the Last 6 Days

    June gold futures declined by 1.70% on May 19, 2015, and settled at $1,206.70 per ounce. Gold prices declined for the first time in the last five days.

    By Gordon Kristopher
  • uploads///IAG
    Basic Materials

    Outlook: IAMGOLD’s Stock Momentum after Its Q3 2018 Results

    IAMGOLD (IAG) was the best-performing gold stock of 2017, returning 51.4% for the year.

    By Anuradha Garg
  • uploads///Part
    Basic Materials

    Yamana Gold: Analysts’ Sentiments before Its Q1 Results

    Among senior and intermediate gold miners (GDX) (GDXJ), Yamana Gold (AUY) is third based on the highest “buy” ratings from the analysts.

    By Anuradha Garg
  • uploads///IAMGOLD
    Basic Materials

    Outlook: IAMGOLD’s Stock Momentum after Q2 2018 Results

    IAG is guiding for gold production of 850,000–900,000 ounces for 2018.

    By Anuradha Garg
  • uploads///Valuation
    Company & Industry Overviews

    Why Agnico and Goldcorp Have Higher Valuations than Competitors

    Agnico Eagle Mines (AEM) and Goldcorp (GG) check almost all of the right boxes for senior gold miners. That’s probably why they’re trading at a higher multiple than their peers.

    By Anuradha Garg
  • Basic Materials

    World’s largest gold producer: Barrick Gold

    Barrick Gold Corporation (ABX), the world’s largest gold producer, produces and sells gold as well as significant amounts of copper. Barrick has the largest quantity of gold reserves.

    By Anuradha Garg
  • uploads///Analyst reco
    Basic Materials

    Rating Upgrades Could Be in Store for Newmont Mining

    Of the 19 analysts covering Newmont Mining, eight analysts have issued “buy” ratings, and 11 have given “hold” ratings. There are no “sell” recommendations.

    By Anuradha Garg
  • uploads///Analyst Reco
    Miscellaneous

    What’s Driving Analysts’ Sentiment toward Coeur Mining?

    Even though its cost-cutting efforts were impressive in 2015 and 2016, Coeur is still producing at higher costs than many of its peers.

    By Anuradha Garg
  • uploads///Intermeduiate
    Miscellaneous

    Why Are Intermediate Gold Miners so Exuberant?

    Intermediate gold miners are smaller than senior gold miners in terms of production and market capitalization, but they are still generally liquid.

    By Anuradha Garg
  • uploads///gold  and
    Macroeconomic Analysis

    Global Economic Unrest Has Buoyed Gold in 2016

    Gold rallied in the new year and quickly touched the $1,200 mark on February 8, 2016. Gold lost almost 10.3% in 2015.

    By Meera Shawn
  • uploads///NFP
    Financials

    Improving U.S. labor conditions matters to gold investors

    Improved U.S. jobs data have pulled forward market expectations for the Fed to start hiking interest rates. This information offers a look at the future direction of gold prices and ultimately gold-backed ETFs.

    By Anuradha Garg
  • uploads///CORRELATION
    Miscellaneous

    How Are Miners Tracking Their Correlation to Gold?

    Precious metals mining stocks are tied to metals. In order to understand precious metals’ performance, it’s crucial to analyze precious metal companies.

    By Meera Shawn
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