ETF Stocks: Precious metal ETFs to hold

ETF Stocks: Precious metal ETFs to hold

Precious metal ETFs have largely centered 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

Jump spurs New Gold

NEW GOLD $1.37 (Toronto symbol NGD; TSINetwork Rating: Speculative) (888-315-9715; www.newgold.com; Shares outstanding: 575.5 million; Market cap: $792.9 million; No dividends paid) is up over 30% since the start of 2019. That’s in large part due to the improved 2018 fourth-quarter performance of its troubled Rainy River mine… Read More

Sale to fortify New Gold

NEW GOLD $1.20 (Toronto symbol NGD; TSINetwork Rating: Speculative) (888-315-9715; www.newgold.com; Shares outstanding: 575.5 million; Market cap: $694.5 million; No dividends paid) continues to explore the possible sale of the company along with other options.
New Gold has struggled to hit production targets at its biggest mine, Rainy River… Read More

Buy these juniors for a gold rebound

IAMGOLD $5.07 (Toronto symbol IMG; TSINetwork Rating: Speculative) (1-888-464-9999; www.iamgold.com; Shares outstanding: 450.7 million; Market cap: $3.3 billion; No dividends paid) owns 41% of the Sadiola gold mine in Mali; 90% of the Essakane mine in Burkina Faso; 100% of the Westwood mine in Quebec; and 95% of… Read More