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Directional Changes in the Correlation of Miners to Gold

2017-11-16 marketrealist
When reading the performance of mining stocks, it’s important to analyze the correlation of mining stocks to gold. These stocks typically take their directional cues from gold, which is the most prominent precious metal. Gold’s movement influences other precious metals as well as mining stocks. (25-0)

Analyzing Gold’s Market Performance

2017-11-15 marketrealist
Besides the impact of interest rates, there are also other global indicators that could play on precious metals—the most important being the US dollar. The US dollar index, or the DXY Currency Index, which tracks the US currency against a basket of six major rivals, fell a whopping 0.7% on Tuesday. (7-0)

What’s the Directional Move of Mining Stocks in November?

2017-11-15 marketrealist
In order to analyze the performance of the precious metals market, it’s important to look at the core mining stocks and their technical details. In this series, we’ll look at technical indicators such as moving averages and YTD (year-to-date) three-month returns. (17-0)

Kinross Gold: A Promising Turnaround Opportunity

2017-11-15 seekingalpha
Revenues for the quarter came in at $828 million, beating Street expectations. However, revenues were down 9% from the year-ago quarter. (54-0)

My Conviction In Gold Royalty Companies And Bitcoin

2017-11-14 seekingalpha
Some of you reading this might already be familiar with the “Parable of the Talents,” but it’s worth a brief retelling. The story, which appears in the gospels of Matthew and Mark, involves a master who entrusts three servants with some of his “talents,” or gold coins, while he’s away on business. Two of the servants take a risk by putting the money to work and end up doubling their master’s wealth. (104-1)

Kinross Gold’s Production Fell in 3Q17: Could 4Q17 Be Better?

2017-11-14 marketrealist
Kinross Gold (KGC) produced 653,993 gold equivalent ounces (or GEOs) for 3Q17, which is 4% lower than 3Q16. Lower production could be mainly due to the following: (24-0)

Can Kinross Gold Sustain Its Price Momentum after 3Q17 Results?

2017-11-14 marketrealist
Kinross Gold (KGC) reported its 3Q17 results on November 8, 2017, after the markets closed. The company held its conference call the next day to discuss the results. It significantly beat analysts’ earnings estimate. Its EPS (earnings per share) was $0.07, which was $0.05 higher than the market expectation. Its revenues of $828 million also surpassed analysts’ estimate by ~$60 million. The company also said it’s tracking toward the higher end of its production guidance range and the lower range of its cost guidance for 2017. (41-0)

6 Must-Have Retirement ETFs for a Secure Future | InvestorPlace

2017-11-13 investorplace
Passive investing has become an increasingly popular strategy for investors, as a combination of years of smooth, drama-free gains and persistent momentum winners have made more expensive, active strategies unpopular. (245-1)

GDX: Expect Long-Term Rallies

2017-11-10 seekingalpha
The VanEck Vectors Gold Miners ETF continues to trade near the bottom of its long-term ranges. (4-0)

Newmont Mining: A Pause, Then A Rally?

2017-11-10 seekingalpha
NEM offers dividend investors a way to capture yield and gain exposure to precious metals in the event of a collapse in the US dollar. (3-0)

Resource Sector Digest: A Friendly Reminder For Mr. 'I Am Gold'

2017-11-10 seekingalpha
IAMGOLD (IAG) was up 9% on Nov 8, following a solid Q3 report as we are putting the finishing touch on this article. And why shouldn't the market reward this mid tier? IAMGOLD produced 217,000 ounces of gold for all-in sustaining costs of $969/oz to generate $34M in free cash flow in the third quarter. The balance sheet remains strong, and the Saramacca project is providing some mojo for the company's organic development pipeline. (62-0)

Mining Shares: What Direction Is the RSI Level Taking?

2017-11-07 marketrealist
In this part of the series, we’ll look at the RSI (relative strength index) levels and call implied volatilities of a few selected mining shares. The call implied volatility measures the changes in an asset’s price given the changes in the price of its call option. The RSI level reads whether a stock is overpriced or underpriced. Levels above 70 suggest that the stock is overbought, while levels below 30 suggest that the stock is oversold. (10-0)

Fura Appoints Joe Carrabba as Non-Executive Chairman

2017-11-06 marketwired
TORONTO, ONTARIO--(Marketwired - Nov. 6, 2017) - Fura Gems Inc. (TSX VENTURE:FUR) appoints Joe Carrabba as non-executive chairman of Fura's board of directors, effective immediately. (59-0)

AISC For Gold Miners In 2017 Show Profitability

2017-11-06 seekingalpha
The price of gold (NYSEARCA:GLD) was fairly flat in 2017, trading at $1250/ounce (see chart below from Kitco). (96-0)

Goldcorp - A Possible Turnaround In The Making?

2017-11-06 seekingalpha
Goldcorp reported $866 million in revenues for 3Q'17 due to lower sales volumes and average prices of gold and silver compared to 3Q'16 ($915 million). (38-0)

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