The Gold Report
Notable Quotes
"ICG has closed a CA$2.5M flow-through placement." (12/24/15) Integra Gold Corp. - Thibaut Lepouttre, Caesars Report More >
"The exploration upside at MAG's Juanicipio project is substantial." (12/23/15) MAG Silver Corp. - Gwen Preston, Resource Maven More >
"AKG's management continues to deliver on its development milestones." (12/22/15) Asanko Gold Inc. - Nana Sangmuah, Clarus Securities More >
"We are initiating coverage on KDX with a Buy rating." (12/21/15) Klondex Mines Ltd. - Don Blyth, Paradigm Capital More >
"VIT's Eagle is a shovel-ready, fully permitted, prefinanced gold project." (12/17/15) Victoria Gold Corp. - Tom Hayes, Edison Investment Research More >
Gold Market Update
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Gold and Precious Metals Weekly (06/08/2009)
"Gold fell 2.4% last week to $955.25/oz as the U.S. dollar rallied from a short-term oversold position assisted by the smallest drop in payroll jobs since September 2008. Speculative net long positions increased 7.9% to 204,883 contracts, up from 189,924 the week previous. SPDR Gold Trust holdings rose to 1,132.15 tons from 1,118.76 tons. The S&P/TSX Global Gold Index decreased 5.3% last week to 323. The best weekly performers were: Gammon Gold (+6.1%, BUY), Aurizon Mines (+0.8%, Not rated) and (-1.2%, Not rated). The weakest performers were Red Back (-13.9%, BUY), Gold Fields (-10.1%, Not rated) and Harmony (-9.0%, Not rated). The Sr./Int. P/NAV decreased by 3.2% to 1.57 (@5%/spot gold), more comfortably within our expected (1 standard deviation) range of 1.37–1.65." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
"We expect PGLC's Relief Canyon site to be meaningfully advanced in 2016." (12/16/15) Pershing Gold Corp. - Heiko Ihle, Rodman & Renshaw More >
"ICG continues to stand out as one of the most active junior exploration companies globally." (12/9/15) Integra Gold Corp. - Michael Gray, Macquarie Equity Research More >
"We are initiating coverage on NMI with a Buy rating." (12/9/15) Newmarket Gold Inc. - Heiko Ihle, Rodman & Renshaw More >
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"THO pays a good dividend and produces at the lowest quartile costs." (12/9/15) Tahoe Resources Inc. - Gwen Preston, Resource Maven More >