ETF Stocks: Precious Metal ETFs to Buy

ETF Stocks: Precious Metal ETFs to Buy

Precious metal ETFs have largely centred on gold stocks. We continue to see the outlook for that precious metal as positive, and for aggressive investors who want to hold precious metal ETFs, including a silver ETF, we have two of them below.

Most precious-metal stocks dropped,… Read More

Barrick Gold is adding new mines

Barrick Gold is adding new mines

A slight decline in gold production and prices resulted in a 7.4% revenue drop in the most-recent quarter for Barrick Gold.

However, earnings still beat estimates and the firm continues to pay a performance dividend each quarter.

The stock trades at 23.0 times the company’s 2023 earnings… Read More

Get a 4.6% yield from gold giant Newmont

Get a 4.6% yield from gold giant Newmont

Lower production and realized gold prices led to a 9% revenue drop for this company during the most-recent quarter. Higher costs also cut earnings 55%.

However, this company has high quality reserves and offers a fundamentally-strong bet against inflation and a weaker U.S. dollar. A planned… Read More

Higher gold should boost dividend

NEWMONT CORP. $55 is a buy for long-term growth and a hedge against inflation. The company (New York symbol NEM; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 793.7 million; Market cap: $43.7 billion; Price-to-sales ratio: 3.5; Dividend yield: 4.0%; TSINetwork Rating: Average; www.newmont.com) is the world’s largest gold… Read More