Gold mine earnings on the Internet. Deccan Gold Mines Ltd.


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Barrick now expects to produce 5. It also wants to sell to a local gold firm a stake in its Senegal Massawa mine.

Gold Mining Stocks' Aug 5 Earnings Roster: FNV, RGLD & More

Meanwhile, Q2 results were slightly below forecasts according to Trefis Research. With markets in disarray over bond inversion and political risks a gold mine such as buy-rated Barrack is the answer. They reaffirmed full-year production guidance fortoounces of gold, Management continues to do a great job of improving operations, reducing costs, and cleaning up the balance sheet.

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The primary risk is that prices of precious metals fall due to US dollar strength. It also has exploration and development activities in each of these companies as well as the U.

Gold Mining Stocks' Aug 5 Earnings Roster: FNV, RGLD & More

Gold production for the second quarter wasoz. For the first half, net income was up The major achievement in the second quarter was the May 19 announcement of commercial gold production at the Meliadine mine in Nunavut in the Arctic.

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Pre-commercial production at the mine totaled 47, oz. The other new mine in Nunavut, called Amaruq, is expected to declare commercial production in the third quarter and to produceoz. Gold mine earnings on the Internet two new mines will help Agnico achieve its forecast of 1.

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  • PE Ratio PE Ratio This is a ratio arrived at by dividing the current market price of a stock by its latest annual or annualized earnings per share.

With the two new Nunavut mines in full production forand potential upside from its purchase of the Malartic exploration assets in Quebec, Agnico will experience growth in production towards its long-term goal of two million oz. The stock is a buy. We continue to like NEM and the leveraged exposure to gold, which has been on the rise of late, it provides.

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  • Per the Zacks industry classification, the mining industry falls under the broader Basic Materials sector.

Shares yield 1. As a defensive position, we continue to recommend Gold Resource Corp. But that was a sharp decline from a year ago due to a large increase in production and general expenses, as well as somewhat lower revenue.