ABX
ABX Articles
This could be the moment the investors looking to own gold stocks have been waiting for. RBC Capital Markets analysts believe precious metal equities are poised to outperform other mining stocks and...
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These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Thursday February 20, 2014. They include Apple, Facebook, Tesla Motors , Equinix and MagicJack.
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Shares of Yamana Gold have bounced about 23% off their 52-week low of $8.31 set on December 2. The company reported fourth-quarter earnings Wednesday, missing estimates and cutting the dividend by...
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ThinkstockBeing in the gold mining and production business sure lost its luster, compared to when gold was on its way up to $2,000 per ounce. All things, even bad things, can come to an end — maybe...
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Quarterly results for gold mining companies are about to start coming in, and only a pollyanna would be looking for good news after the year these companies have just gone through. Earnings per share...
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If a prediction from Moody's Investors Service turns out to be true, gold and silver are going to have a bad year. Moody's reduced its forward views for the average prices of gold and silver in 2014...
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ThinkstockSince the beginning of the year, gold miners stocks are down between 40% and 50% as the price of gold has dipped by 30%. It is about to get worse for the miners. Like big oil companies, big...
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ThinkstockThe yellow metal has lost about 30% of its value over the past year, from a high of nearly $1,700 an ounce to right around $1,200 an ounce. The companies that mine gold have done even...
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ThinkstockThe 86-year old founder and chairman of Barrick Gold Corp. (NYSE: ABX), Peter Munk, will step down from his position as chairman of the company’s board of directors at the company’s...
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Jon OggThis week marked the beginning of the end of earnings season, and stocks challenged all-time highs yet again. Investors and traders are looking for how to position themselves for 2014. Each...
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ThinkstockThe price of spot gold has been hammered over the past year. The top American gold producers have gone through waves of restructuring and cost cutting in an effort to squeeze out profits as...
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ThinkstockFor most of the past decade, gold was the place to be. A disastrous housing market collapse, terror attacks in the United States and a host of additional geopolitical issues pushed the...
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ThinkstockBarrick Gold Corp. (NYSE: ABX) already was having a bad week after earnings, when it disclosed more delays on projects. The real snafu here was that Barrick decided to add insult to injury...
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ThinkstockYou have heard of robbing Peter to pay Paul, but how about diluting equity to wipe out debt? Barrick Gold Corp. (NYSE: ABX) was already lower after earnings by 5.4%, and it has taken on a...
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ThinkstockBarrick Gold Corp. (NYSE: ABX) reported third-quarter 2013 earnings before markets opened Thursday morning. The gold miner posted adjusted earnings per share (EPS) of $0.58 on revenues of...
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