gold prices
Demand for gold as an investment looks attractive right now, especially if the huge government stimulus spending across the world spurs inflation. That’s likely to send more investors looking for the “safe harbour” of gold. Barrick Gold is a buy.
BARRICK GOLD, $23.92, is a buy. The stock (Toronto symbol ABX; TSINetwork Rating: Average) (www.barrick.com; Shares outstanding: 1.8 billion; Market cap: $42.4 billion; Dividend yield: 1.8%) lets you tap the second-largest gold producer in the world after Newmont (symbol NEM on New York).
Barrick now plans to focus on building new mines instead of on acquisitions....
BARRICK GOLD, $23.92, is a buy. The stock (Toronto symbol ABX; TSINetwork Rating: Average) (www.barrick.com; Shares outstanding: 1.8 billion; Market cap: $42.4 billion; Dividend yield: 1.8%) lets you tap the second-largest gold producer in the world after Newmont (symbol NEM on New York).
Barrick now plans to focus on building new mines instead of on acquisitions....
HECLA MINING $6.16 (New York symbol HL; TSINetwork Rating: Extra Risk) (www.hecla-mining.com; Shares ooutstanding: 537.0 million; Market cap: $3.3 billion; Dividend yield: 0.2%) produced 3.5 million ounces of silver in the quarter ended June 30, 2021....
Investing in top Canadian gold mining companies can lead to resource-sector gains, but be sure to use our tips to choose wisely
Barrick Gold and Alamos Gold offer you great ways to prosper from rising gold prices during coronavirus uncertainty and beyond. That economic volatility should significantly boost demand for gold as an investment, especially if huge goverment stimulus spending across the world spurs inflation....
Long-time readers know that we keep you informed of important news about the stocks we cover. That means highlighting developments that promise to brighten your prospects. Here are two buys that stand out this month:
ALTAGAS LTD. $24.22 (Toronto symbol ALA; TSINetwork Rating: Extra Risk) (www.altagas.ca; Shares outstanding: 279.7 million; Market cap: $6.8 billion; Dividend yield: 4.1%) now has almost all of its assets in the U.S....
ALTAGAS LTD. $24.22 (Toronto symbol ALA; TSINetwork Rating: Extra Risk) (www.altagas.ca; Shares outstanding: 279.7 million; Market cap: $6.8 billion; Dividend yield: 4.1%) now has almost all of its assets in the U.S....
Investing rules of thumb are usually misleading, but there are time-tested ones that can help you succeed with investing. Learn more in this article.
The next year or two, if not this whole decade, will be a rewarding time for some investors, and a dreadful time for others.
I’d say you are in for a hard time if you try to apply the rules of thumb you picked up in the 2010s to 2020. Changes in interest rates, foreign exchange and deficit spending may scuttle a lot of investment plans.
On the other hand, a lot of natural processes could work in your favour these next few years....
I’d say you are in for a hard time if you try to apply the rules of thumb you picked up in the 2010s to 2020. Changes in interest rates, foreign exchange and deficit spending may scuttle a lot of investment plans.
On the other hand, a lot of natural processes could work in your favour these next few years....
Most precious-metal stocks dropped, along with stock markets, in March 2020. They then quickly reversed that trend to soar for investors. In fact, In August 2020, gold jumped to over $2,000 U.S. an ounce for the first time ever. Gold stocks also jumped.
Gold prices have since drifted down to $1,711 as investor fears about many things have lessened....
Gold prices have since drifted down to $1,711 as investor fears about many things have lessened....
NEWMONT CORP., $58.91, remains a buy. The company (New York symbol NEM; Shares outstanding: 803.4 million; Market cap: $47.9 billion; TSINetwork Rating: Average; Dividend yield: 2.7%; www.newmont.com) now plans to repurchase up to $1.0 billion of its common shares over the next 18 months....
OVINTIV INC., $12.64, is a buy. The energy producer (Toronto symbol OVV; Shares outstanding: 259.9 million; Market cap: $3.3 billion; TSINetwork Rating: Average; Dividend yield: 3.9%) operates three core properties: Montney (B.C.), Anadarko (Oklahoma) and Permian (Texas)....