In this Article: Kinross Gold (NYSE: KGC)Yamana Gold (NYSE: AUY)Hecla Mining Company (NYSE: HL) Precious metal prices are rising amid seasonal demand and a devaluation of the U.S. dollar. In the past three weeks alone, gold prices have increased by as much as $150 an ounce. Meanwhile, the price of COMEX silver jumped almost 15%. One Month Gold Prices One Month … [Read more...] about 3 Stocks Well Positioned to Leverage Rising Metal Prices
Gold Mining Stocks
Gold Stocks in Limbo as the Fed Fights Inflation
Macroeconomic rumblings force a closer examination on gold price predictions for 2023.Newmont (NEM): Newmont provides a strong yield that may make it attractive through the turmoil.Barrick Gold (GOLD): Barrick Gold features a high-quality business that can ride out some storms.BHP Group (BHP): BHP Group’s diversified business is attractive at this wild juncture.Sibanye … [Read more...] about Gold Stocks in Limbo as the Fed Fights Inflation
This Top Gold Stock is Trading at a Discount to Its Peers
In this Article Barrick Gold (GOLD)Revisions to Earnings Estimates12 Month EPSProjected Revenue GrowthLast Reported Results and Surprise HistoryValuationBottom Line Barrick Gold (GOLD) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past … [Read more...] about This Top Gold Stock is Trading at a Discount to Its Peers
Gold Price Outlook and the Top Mining Stocks
In this Article About the IndustryWhat's Shaping the Future of Mining-Gold IndustryZacks Industry Rank Indicates Dim ProspectsIndustry Lags S&P 500 & Sector4 Mining-Gold Stocks to Keep an Eye on The 8% year-to-date drop in gold prices amid rising interest rates and a stronger dollar is a concern for the Zacks Mining - Gold industry. A weak price backdrop combined … [Read more...] about Gold Price Outlook and the Top Mining Stocks
Gold Stocks to Soar on Inflation and Recession Fears…
Gold is positioned to trend higher supported by macro-economic factors of inflation and possible recession High inflation and the possibility of a recession in 2023 underpin the case for gold stocks to buy. High geo-political tensions also add to the positive catalyst for gold upside.Newmont Corporation (NEM): Robust cash flows and multi-year production inventory. … [Read more...] about Gold Stocks to Soar on Inflation and Recession Fears…