Iamgold Corp

IAG stock could continue to gain traction due to its high operational leverage, at least as long as the upward trend in gold prices continues.

IAMGOLD’s (IAG) 2Q17 production was 223,000 ounces of gold—growth of 26,000 ounces or 13% year-over-year (or YoY).

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.

Bitcoin (ARKW) has seen its price plunge since the start of 2018 due to news that world leaders are planning to implement regulations on digital currencies.

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

During the past year, IamGold has seen the highest correlation to gold, while Eldorado Gold has the lowest correlation.

Most of the mining companies have increased during the past two weeks due to the rise of gold and silver.

In this article, we’ll discuss the gold-silver, gold-platinum, and gold-palladium spreads. These three spreads stand at 77.9, 1.38, and 1.23, respectively.

In this article, we’ll take a look at the call-implied volatilities and RSI scores of Barrick Gold, Kinross Gold, Eldorado Gold, and IAMGOLD.

We’ll briefly analyze mining stocks’ correlation with gold. Gold is the most crucial of the precious metals, and mining stocks tend to increasingly take their price changes from gold.

Gold Fields, Coeur Mining, Hecla Mining, and IamGold have call implied volatilities of 40.4%, 46.7%, 33.6%, and 44.3%, respectively.

The possible interest rate hike is taking a lot of market participants’ attention. Many policymakers are also focusing on inflation numbers.

Geopolitical events like the tensions with North Korea helped drive the price of gold higher in September 2017.

In this part, we’ll concentrate on the technical readings of key mining stocks, including their call implied volatilities and RSI (relative strength index) levels.

Mining stocks’ reaction On Tuesday, October 31, precious metal mining stocks fell, following precious metals. In this part of our series, we’ll look at the moving averages and returns of four key mining stocks: Silver Wheaton (SLW), Hecla Mining (HL), Alacer Gold (ASR), and IAMGOLD (IAG). Hecla Mining and Alacer Gold have fallen 9.9% and 10.3%, respectively, YTD […]

On October 30, 2017, ABX, AU, KGC, and IAG had call implied volatilities of 29.1%, 40.9%, 41.6%, and 44.3%, respectively.

The last few days have seen a rise in precious metal prices. However, on Wednesday, October 11, 2017, the prices of these loved metals fell.

Despite just 0.7% expected growth in revenues for 2017, Agnico Eagle Mine’s EBITDA is expected to grow 5.6% YoY in 2017.

Precious metals have been buoyed by tension in North Korea. If North Korea does another missile test, it could prompt investors to move to haven assets such as gold, silver, Treasuries, and major currencies.

The ETFS Physical Swiss Gold (SGOL) and the ETFS Physical Silver (SIVR) have risen 8.5% and 4.1%, respectively, on a year-to-date basis as of May 18, 2017.

Geopolitical risks had been playing on haven bids for precious metals, but now, we may be seeing to be a temporary respite—however brief—from global worries.

Leveraged mining funds including the Direxion Daily Gold Miners (NUGT) and the Proshares Ultra Silver (AGQ) saw big jumps in early 2017 due to the revival in precious metals.

When analyzing the precious metals market, it’s important to take a look at the relationship between gold (SGOL) and silver (SIVR).

Among the four precious metals, platinum has been the worst-performing precious metal and has seen a year-to-date rise of only 5.8%.

Coeur Mining (CDE) ended 2016 with an outstanding debt of $210.9 million. That’s 57.0% less than at the end of 2015.

Mining companies’ volatilities are significant to the buying process. The mining shares we’ve selected in this article are Kinross Gold, Eldorado Gold, IAMGOLD, and Harmony Gold.

Gold prices tumbled on Tuesday, February 14, as the US dollar rose after the US Federal Reserve chair, Janet Yellen, seemed optimistic about raising interest rates.

It’s important to monitor the implied volatilities of large mining stocks as well as their RSI levels, particularly after changes in precious metal prices.

The reason behind the fall of the dollar on Friday, January 27, 2017, was lower-than-expected GDP numbers. The DXY ended the day 0.10% higher.

In this part, we’ll look at the implied volatilities of large mining stocks and their RSI levels in the wake of precious metal prices.

Among the other precious metals trading on the COMEX, silver shares for March expiration maintained an almost flat end to the day on January 11, 2017.

Palladium has seen a year-to-date rise of a whopping 32.5%, which is higher than the rise in platinum, silver, and gold. Earlier, palladium was underperforming its precious metal peers.

Palladium has seen a year-to-date rise of 24.9%, which is higher than the increase in platinum, silver, and gold.

The difference between yields on ten-year US notes and similar-maturity TIPS, a gauge of price expectations, expanded to as much as 1.7% last Tuesday.

In the precious metals mining industry, there are some stocks that to an extent follow the price and market sentiment of the precious metals.

2015 has been tough for miners, especially due to the price rout in the commodities market. The commodities market has fallen about 24.3% since the start of the year.

The EV-to-reserves ratio is good for the mining industry. “Enterprise value” reflects the company’s total value. “Reserves” refers to geologic reserves that the business owns.

The cash cost has been the dominant measure of the gold mining cost structure. It represents what the mine costs are for each ounce of gold.

The average AISC for eight significant gold miners for 2015, as guided, is $950 per ounce compared to $900 per ounce for 1Q15.

With the looming fears of inflation reaching its target 2% level, the Fed is likely waiting for assertions from the economy.