gold prices
If you’re looking at buying gold penny stocks then you need to know the risks—and these tips on spotting the best of them
There are still lots of risks to be aware of, even with supposedly promising penny stocks
You may recall that one year ago, we devoted our July 2019 client letter to the outlook for gold and gold stocks. We said,
“We now think gold stocks give you good odds. Recently, we’ve begun investing in high-quality golds for our clients. These gold-mining companies now look better than in the past for several reasons....
“We now think gold stocks give you good odds. Recently, we’ve begun investing in high-quality golds for our clients. These gold-mining companies now look better than in the past for several reasons....
NEWMONT CORP. $70.25, remains a buy. The stock (New York symbol NEM; Shares outstanding: 802.6 million; Market cap: $56.4 billion; TSINetwork Rating: Average; Dividend yield: 1.4%; www.newmont.com) gives investors exposure to the world’s largest gold miner following its purchase of Vancouver-based Goldcorp Inc....
MCKESSON CORP. $156 is a buy for aggressive investors. The company (New York symbol MCK; Aggressive Growth Portfolio, Consumer sector; Shares o/s: 191.8 million; Market cap: $29.9 billion; Price-to-sales ratio: 0.1; Dividend yield 1.1%; TSINetwork Rating: Above Average; www.mckesson.com) is the largest wholesale drug distributor in the U.S....
HECLA MINING $5.33 (New York symbol HL; TSINetwork Rating: Extra Risk) (www.hecla-mining.com; Shares o/s: 526.1 million; Market cap: $2.6 billion; Dividend yield: 0.2%) explores for, mines and processes silver and gold in the U.S., Canada and Mexico.
The company’s shares continue to rise along with silver prices....
The company’s shares continue to rise along with silver prices....
A: Northern Dynasty Minerals, $2.38, symbol NDM on Toronto (Shares outstanding: 462.4 million; Market cap: $1.1 billion; www.northerndynastyminerals.com), aims to build a mine at its Pebble project in Alaska.
The Pebble deposit contains an estimated 73.7 billion pounds of copper, 4.7 billion pounds of molybdenum and 89.9 million ounces of gold....
The Pebble deposit contains an estimated 73.7 billion pounds of copper, 4.7 billion pounds of molybdenum and 89.9 million ounces of gold....
For many investors, gold represents a “safe harbour” amid COVID-19 turbulence. That’s reflected in the sharp price jumps we continue to see.
We expect gold-loving markets in Asia and other emerging markets to rebound after the coronavirus. That should further spur gold purchases, taking gold stocks even higher....
We expect gold-loving markets in Asia and other emerging markets to rebound after the coronavirus. That should further spur gold purchases, taking gold stocks even higher....
NEWMONT CORP. $56.02, remains a buy. The company (New York symbol NEM; Shares outstanding: 802.6 million; Market cap: $45.0 billion; TSINetwork Rating: Average; Dividend yield: 1.8%; www.newmont.com) gives investors exposure to the world’s largest gold miner now that Newmont has acquired Vancouver-based Goldcorp Inc....
Our subscribers have seen most of our precious-metal stock picks—including Barrick Gold, one of our #1 Power Buys for 2020—soar over the last several months. Those gains reflect investor fears about many things, including volatile stock markets in the wake of COVID-19, and the length and depth of the global economic slowdown....