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Top 4 Mid-Cap Stocks In The Gold Industry With The Lowest PEG Ratio (IAG, HMY, AUY, EGO)
Sunday, April 10, 2011 - 11:41pm | 122Below are the top mid-cap gold stocks on the NYSE and the NASDAQ in terms of PEG ratio Iamgold Corporation (NYSE: IAG) has a PEG ratio of 0.25. IAG's trailing-twelve-month operating margin is 30.92%. Harmony Gold Mining Co Ltd (NYSE: HMY) has a PEG ratio of 0.86. HMY's trailing-twelve-month...
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Red Flag On Alliance Global Group, Inc.
Sunday, April 10, 2011 - 8:24am | 812Warning! The shares of Andrew Tan-led Alliance Global Group, Inc. or AGI in the Philippine Stock Exchange could slide further given their recent price action. Let me show you how. Well, AGI had been consolidating within a symmetrical triangle for a little four months. All along I...
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Dividend Based on the Price of Gold
Saturday, April 9, 2011 - 3:22pm | 494Here is an interesting inflation hedge for income investors. Newmont Mining Corporation (NEM) is planning its dividend payments based on the average sales price for gold. The expected payment date based on this formula is June 29, 2011. According to the company: "The annual payout will increase at...
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Market Waiting for Earnings Kick-Off 04-08-2011
Friday, April 8, 2011 - 5:48pm | 887Cusick's Corner Resistance is often strong after a big move. This market is now waiting for earnings season to kick off. Take a look at your portfolio, asses which stocks have earnings coming up and what sectors they are in, plus if their peers will start to announce earnings. That way if there...
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Banks Active Ahead of Earnings 04-08-2011
Friday, April 8, 2011 - 2:00pm | 906Cusick's Corner There really is not much that I can bring to light today other than this market is clearly at a resistance point where most market traders and watchers are taking the road most traveled -- up. But the volume continues to be pathetic so there is no conviction. With the looming...
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Active Screen - CANSLIM: Top 8 for April 8th
Friday, April 8, 2011 - 10:01am | 1150There was no change at the top for the eight stocks ranked by Market Cap: Apple (AAPL), Vale S.A. (VALE), Free McMoran (FCX), Barrick Gold (ABX), Baidu (BIDU), Research in Motion (RIMM), Cognizant Technlogy (CTSH), and Intuitive Surgical (ISRG). The Screener setup was as follows: Last weeks tepid...
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Options Brief: AngloGold Ashanti Limited (AU)
Friday, April 8, 2011 - 9:37am | 77Shares of AngloGold Ashanti Limited (NYSE: AU) are higher on the session by 2.43%, trading at $50.68. Overall call volume is now running at 2.48x the daily average, with 1% of all calls traded being purchases on the offer. 2,093 contracts have traded on the session so far. AngloGold Ashanti...
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Options Brief: Harmony Gold Mining Company Limited (HMY)
Friday, April 8, 2011 - 9:30am | 93Shares of Harmony Gold Mining Company Limited (NYSE: HMY) are higher on the session by 1.11%, trading at $15.50. Overall call volume is now running at 2.02x the daily average, with 0% of all calls traded being purchases on the offer. 5,814 contracts have traded on the session so far. Harmony...
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JP Morgan Reports On NEM Potential Growth JP Morgan has issued a report regarding Newmont Mining's (NYSE: NEM) plans for growth. According to the report, “Newmont held its investor day today and surprised the market with plans for a “potential” 35% growth in attributable gold production by 2017....
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JP Morgan Reports On NEM Potential Growth JP Morgan has issued a report regarding Newmont Mining's (NYSE: NEM) plans for growth. According to the report, “Newmont held its investor day today and surprised the market with plans for a “potential” 35% growth in attributable gold production by 2017....
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Deutsche Bank Impressed With Newmont Mining
Friday, April 8, 2011 - 7:51am | 90Deutsche Bank attended Newmont Mining (NYSE: NEM)'s Investor Day and was impressed with “management's articulation of new medium-term growth targets and innovative gold-price linked dividend policy”. Deutsche Bank, which maintains a Buy rating and a PT of $85 on NEM, expounded further, “...
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Allied Nevada Reports Preliminary Q1 Sales of 21,241 Ounces of Gold and 59,383 Ounces of Silver, In-Line With Expectation
Friday, April 8, 2011 - 7:39am | 104Allied Nevada Gold Corp. (NYSE: ANV) announces preliminary operating results for the first quarter of 2011 for its wholly owned Hycroft mine, located near Winnemucca, Nevada. The mine produced 20,718 ounces of gold and 61,751 ounces of silver in the first quarter of 2011, in-line with expectation...
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U.S. Gold Hitting New Highs On Exploration In Nevada And Mexico
Thursday, April 7, 2011 - 1:42pm | 1241(This is an excerpt of what I sent out a few weeks ago to my premium readers. To get the premium daily reports for free click here.) Many years ago as I was learning to trade junior resource stocks, a grizzled old gold miner – the owner of a small publicly listed company — asked me: “Do you know...
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Deutsche Bank Comments On GG Investor Meeting
Thursday, April 7, 2011 - 7:10am | 121Deutsche Bank attended Goldcorp's (NYSE: GG) Investor Day held in New York City and were “favorably impressed with management's continued message of growth and detected an increased focus on ways to return surplus cash to shareholders against a backdrop of project digestion and diminishing M&A...
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Newmont Plans to Increase Annual Gold Production to Approximately 7 Million Ounces by 2017
Thursday, April 7, 2011 - 6:53am | 96Newmont Mining Corporation (NYSE: NEM) will discuss today at its annual Investor Day conference the comprehensive plan for the development of its current global portfolio of assets that would increase annual gold production to approximately 7 million ounces by 2017. This production target...