|Bid||5.23 x 0|
|Ask||5.25 x 0|
|Day's range||5.23 - 5.41|
|52-week range||3.87 - 6.29|
|PE ratio (TTM)||124.52|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y target est||N/A|
The North American gold miners’ results season is slated to begin on October 25. In this series, we’ll see how analysts view their revenues, earnings, and free cash flows.
The US dollar and global tensions have been crucial in determining the prices of precious metals and mining shares. On Monday, October 2, mining shares saw mixed movement against precious metals.
New York-based Paulson & Co, led by longtime gold bull John Paulson, called on Tuesday for the world's biggest investors in gold-mining stocks to form a coalition to tackle miners' "dreadful" performance. Speaking at the Denver Gold Forum, the industry's top annual event, Paulson & Co partner Marcelo Kim launched the blistering attack on the sector, saying the hedge fund was looking for fellow founding members for a body to speak out on issues including high executive pay, cozy board appointments and value-destroying mergers and acquisitions. "If we don't do anything to change, then as investors we will continually be disappointed with shareholder returns and the industry will slowly dig itself into a hole of irrelevance and oblivion," Kim told a packed room of delegates.