The slow rise of gold has also put some wind in the sails of gold producer Goldcorp (NYSE: GG) as its stock soared by over 22%, year to date. Besides the recent rally of gold, are this company’s fundamentals still…
The recent recovery of gold may strengthen the demand for precious metals companies. But besides the obvious effect gold price has on gold producers’ stocks such as Yamana Gold (NYSE: AUY) and Goldcorp (NYSE: GG), other factors should also be…
Leading gold companies such as Goldcorp (NYSE: GG) and Yamana Gold (NYSE: AUY) haven’t done well in the stock market, and their shares have tumbled down during the year. These companies’ third-quarter earning report showed a plunge in revenues and…
The drop in gold price in the past year has took its toll on gold producers such as Barrick Gold (NYSE: ABX) and Goldcorp (NYSE: GG). Both of these companies’ shares have tumbled down during 2013. Looking forward, however, these…
The gold market has started to recover in the past several weeks: During August, the price of gold rose by 4.5%. This rally may have positively affected gold producer’s stock such as Goldcorp (NYSE: GG): Share of the company rose…
The gold market continues to cool down. The recovery of the U.S stock market is pulling investors out of safe haven investments and into the stock market. The leading gold producers are the first to suffer from this shift in…
The price of gold rose during the third quarter of 2012. It’s very intuitive to assume that the rise in price of gold will pull up the profit margin of major gold producers. Let’s examine the recent financial results (third…