Tag: AGI

  • 15 Trending Stocks in Gold Industry

    15 Trending Stocks in Gold Industry

    For the second day, gold prices continued to increase, edging to a two-week peak. A downward trend in Treasury yields seemed to accelerate the step upwards, enhancing the metal’s attractiveness as an alternate value store. The rate on the 10-year benchmark note dropped and flattened the yield curve. A discrete catalyst is not quickly evident.
    Moving forward, a relatively quiet day on the economic data front could give way to sentimental trends as the primary driver of price action. Bellwether S&P 500 futures point higher, signaling a risk-taking tilt that pulls higher yields and weighs on bullion.

    Gold Standard Ventures Corp (AMEX:GSV) shares were trading up 9.68% at $0.81 at the time of writing on Tuesday. The company reported on December 2, 2020,completion of CEO succession with the appointment of Jason Attew as President and CEO.

    Gold Standard Ventures Corp (AMEX:GSV) share price went from a low point around $0.27 to briefly over $1.14 in past 52 weeks, though shares have since pulled back to $0.81. GSV market cap has remained high, hitting $255.25M.

    If we look at the recent analyst rating GSV, B. Riley FBR initiated coverage on GSV shares with a Buy rating.

    Agnico Eagle Mines Limited (AEM) last closed at $73.02, in a 52-week range of $31.00 to $89.23. Analysts have a consensus price target of $95.94.

    Harmony Gold Mining Company Limited (HMY) stock soar by 0.89% to $4.51. The most recent rating by JP Morgan, on February 21, 2019, is at an Overweight.

    Gold Fields Limited (NYSE:GFI) Shares headed rising, higher as much as 0.88%. The most recent rating by RBC Capital Mkts, on September 15, 2020, is at a Sector perform. On November 12, 2020,Gold Fields provided operational update for the quarter ended 30 September 2020.

    Coeur Mining Inc. (NYSE:CDE) rose 0.83% after gaining more than $0.07 on Tuesday. The company will be hosting its 2020 Investor Day virtually on Thursday, December 17, 2020 at 8:30 a.m. Central Time (9:30 a.m. Eastern Time).

    Wheaton Precious Metals Corp. (WPM) last closed at $42.24, in a 52-week range of $18.66 to $57.89. Analysts have a consensus price target of $60.83.

    Sibanye Stillwater Limited (SBSW) stock soar by 0.34% to $14.94. The most recent rating by BMO Capital Markets, on November 11, 2020, is at an Outperform.

    NovaGold Resources Inc. (AMEX:NG) Shares headed rising, higher as much as 0.29%. The most recent rating by B. Riley FBR Inc., on December 19, 2017, is at a Buy.

    Newmont Corporation (NYSE:NEM) rose 0.11% after gaining more than $0.07 on Tuesday after reportingthat its 2021 outlook with attributable gold production guidance of 6.5 million ounces and AISC of $970 per ounce.

    Barrick Gold Corporation (GOLD) last closed at $23.90, in a 52-week range of $12.65 to $31.22. Analysts have a consensus price target of $33.67. The corporation on November 26, 2020 announced that it has retained its listing in the prestigious Dow Jones Sustainability Index’s (DJSI) World Index, ranking in the 95th percentile of all mining companies assessed.

    Hecla Mining Company (HL) stock drop by -0.37% to $5.32. The most recent rating by ROTH Capital, on October 27, 2020, is at a Buy.

    On November 18, 2020, Hecla Mining Company (HL)revealed that a wholly owned subsidiary of Hecla has acquired an aggregate of 807,846 Shares of Dolly Varden Silver Corporation.

    Alamos Gold Inc. (NYSE:AGI) Shares headed falling, lower as much as -0.43%. The most recent rating by Desjardins, on September 09, 2020, is at a Buy.

    Alamos Gold Inc. (AGI) on November 24, 2020 reported that the Company’s Board of Directors has declared a quarterly dividend of US$0.02 per common share.

    Kirkland Lake Gold Ltd. (NYSE:KL) fall -0.48% after losing more than -$0.2 on Tuesday. On December 3, 2020, the company reportedclosing of sale of Novo shares and warrants.

    Gold Resource Corporation (GORO) last closed at $3.42, in a 52-week range of $2.02 to $6.24. On November 25. 2020. The company reported its monthly instituted dividend of one-third of a cent per common share for November 2020 payable on December 23, 2020 to shareholders of record as of December 11, 2020.

    Eldorado Gold Corporation (EGO) stock drop by -0.68% to $13.13. The most recent rating by RBC Capital Mkts, on October 09, 2020, is at a Sector perform. Eldorado Gold Corporation (EGO) on December 2, 2020 released its updated Reserve and Resource estimates as of September 30, 2020.

  • Top 15 Gold Stocks You Should Be Holding Right Now

    Top 15 Gold Stocks You Should Be Holding Right Now

    Gold Industry has experienced a high gold demand in 2020  and its prices also fluctuate during the period of uncertainty. This industry has shown a remarkable performance in the first half of 2020, increasing 16.8% in the first half 2020. The COVID-19 pandemic has a devastating effect on the global economy.

    The gold industry is undergoing changes because of changes in demand patterns, the emergence of new technological advancements, the entrance of new types of participants in the market, and new regulatory changes. Let take a look at these 15 leading companies in Gold Industry that are adopting new trends and technologies to keep pace with fast-growing markets:

    Kinross Gold Corporation (NYSE: KGC)

    Kinross Gold Corporation (NYSE: KGC) shares were trading down -10.63% at $7.82 at the time of writing on Wednesday. Kinross Gold Corporation (NYSE: KGC) share price went from a low point around $2.72 to briefly over $10.31 in the past 52 weeks, though shares have since pulled back to $7.82. KGC market cap has remained high, hitting $10.01B at the time of writing, giving it a price-to-sales ratio of more than 2.

    Kinross Gold Corporation (KGC) has earlier revealed that it anticipates producing an average of approximately 2.5 million gold equivalent ounces per year from 2020 – 2029 driven primarily by promising organic opportunities across its global portfolio. If we look at the recent analyst rating KGC, BofA Securities upgraded coverage on KGC shares with a Buy rating and an $11.93 price target, which implies room for 4.11% upside momentum this year.

    Yamana Gold Inc. (NYSE: AUY)

    Yamana Gold Inc. (NYSE: AUY) stock drop by -8.28% to $5.32 after Yamana Gold Provides an Update on Exploration Activities at Canadian Malartic; Announces Positive Drill Results From East Gouldie. The most recent rating by Scotiabank, on April 16, 2020, is at a Sector outperform. Yamana Gold Inc. (AUY) market cap has remained high, hitting $5.06 Billion at the time of writing.

    Barrick Gold Corporation (NYSE: GOLD)

    Barrick Gold Corporation (NYSE: GOLD) last closed at $25.92, in a 52-week range of $12.65 to $31.22. Analysts have a consensus price target of $34.12. Barrick Gold Corporation (GOLD) has earlier revealed that the wholly-owned subsidiaries of Barrick and Bullfrog Gold Corp. have signed a purchase agreement pursuant to which Barrick will sell to BFGC all of Barrick’s mining claims, historical resources, permits, rights of way, and water rights in the Bullfrog mine area.

    Hecla Mining Company (NYSE: HL)

    Hecla Mining Company (NYSE: HL) shares headed falling, lower as much as -8.86%. The most recent rating by ROTH Capital, on October 27, 2020, is at a Buy. Hecla Mining Company (HL) has revealed its production results and its cash position at the end of the third quarter. It has reported a Silver production of 3.5 million ounces and gold production of 41,174 ounces.

    Newmont Corporation (NYSE: NEM)

    Newmont Corporation (NYSE: NEM) fall -4.87% after losing more than -$3.0 on Wednesday. Newmont Corporation (NEM) revealed that its Board of Directors declared a quarterly dividend of $0.40 per share of common stock, payable on December 28, 2020, to holders of record at the close of business on December 11, 2020.

    New Gold Inc. (AMEX: NGD)

    New Gold Inc. (AMEX: NGD) last closed at $2.00, in a 52-week range of $0.39 to $2.28. Analysts have a consensus price target of $3.81. New Gold Inc. (NGD) has earlier revealed its third-quarter operational results ended on September 30, 2020. It has announced that it is scheduled to host a conference call on November 5, 2020.

    B2Gold Corp. (AMEX: BTG)

    B2Gold Corp. (AMEX: BTG) shares headed falling, lower as much as -9.28%. The most recent rating by RBC Capital Mkts, on August 19, 2020, is at a Sector perform. B2Gold Corp. (BTG) has reported its gold production and gold revenue for the third quarter and first nine months of 2020.

    Alamos Gold Inc. (NYSE: AGI)

    Alamos Gold Inc. (NYSE: AGI) fall -8.35% after losing more than -$0.74 on Wednesday. Alamos Gold Reports Third Quarter 2020 Results. Alamos Gold Inc. (AGI) share price went from a low point around $3.34 to briefly over $11.58 in the past 52 weeks. AGI market cap has remained high, hitting $3.18 Billion at the time of writing.

    IAMGOLD Corporation (NYSE: IAG)

    IAMGOLD Corporation (NYSE: IAG) stock drop by -10.33% to $3.56. The most recent rating by Desjardins, on September 09, 2020, is at a Buy. IAMGOLD Corporation (IAG) revealed that all of its outstanding 7.000% Senior Notes due 2025 have been redeemed. The redemption had been earlier funded on September 29, 2020, with the net profits from the Company’s recent issue of $450 million aggregate principal amount of 5.750% Senior Notes due 2028, and the indenture governing the 2025 Notes was satisfied and discharged on that date.

    Eldorado Gold Corporation (NYSE: EGO)

    Eldorado Gold Corporation (NYSE: EGO) fall -9.52% after losing more than -$1.26 on Wednesday. Eldorado Gold Corporation (EGO) has earlier revealed its Q3 2020 preliminary production of 136,672 ounces of gold, a 35% increase over Q3 2019. It has moved up 160.43% from its 52-weeks low and moved down -15.81% from its 52-weeks high.

    Pretium Resources Inc. (NYSE: PVG)

    Pretium Resources Inc. (NYSE: PVG) last closed at $11.50, in a 52-week range of $4.05 to $14.55. Analysts have a consensus price target of $13.66. Pretium Resources Inc. (PVG) is scheduled to share third quarter 2020 operational and financial results after the market close on Thursday, October 29th, 2020. The webcast and conference call to discuss Q3 2020 is scheduled to take place on Friday, October 30th.

    Sandstorm Gold Ltd. (NYSE: SAND)

    Sandstorm Gold Ltd. (NYSE: SAND) stock drop by -9.62% to $7.42. The most recent rating by TD Securities, on October 20, 2020, is at a Buy. Sandstorm Gold Ltd. (SAND) is scheduled to report its 2020 third-quarter results on Thursday, October 29, 2020, after markets close. A conference call is scheduled to take place on Friday, October 30, 2020, starting at 8:30 am PDT.

    Harmony Gold Mining Company Limited (NYSE: HMY)

    Harmony Gold Mining Company Limited (NYSE: HMY) last closed at $4.81, in a 52-week range of $1.76 to $7.61. Analysts have a consensus price target of $6.08. Harmony Gold Mining Company Limited (HMY) has moved up 173.30% from its 52-weeks low and moved down -36.79% from its 52-weeks high. This company market capitalization has remained high, hitting $2.99 billion at the time of writing.

    Gold Fields Limited (NYSE: GFI)

    Gold Fields Limited (NYSE: GFI) shares headed falling, lower as much as -7.73%. The most recent rating by RBC Capital Mkts, on September 15, 2020, is at a Sector perform. Gold Fields Limited (GFI) has moved up 183.64% from its 52-weeks low and moved down -27.85% from its 52-weeks high. This company market capitalization has remained high, hitting $9.49 billion at the time of writing.

    Coeur Mining Inc. (NYSE: CDE)

    Coeur Mining Inc. (CDE) stock drop by -12.32% to $6.83 after Coeur Reports Third Quarter 2020 Results. The most recent rating by Noble Capital Markets, on September 14, 2020, is at an Outperform. Coeur Mining Inc. (CDE) share price went from a low point around $1.98 to briefly over $9.25 in the past 52 weeks. CDE market cap has remained high, hitting $1.66 Billion at the time of writing.