Allied Nevada Gold

When Will Gold Miners Be Safe Buys?

By Chris Lau - May 24, 2013 | Tickers: ANV, ABX, GG

The bounce from the bottom for gold stocks is proving to be temporary. After gold sold off steeply, as illustrated by the Gold SPDR ETF (GLD) trading at $130 in April, the ETF rallied past $140 at the beginning of May, 2013, only to retest lows in recent trading sessions. At a macroeconomic level, the view that gold has a store of value is diminishing. Government monetary authorities around the more »
Klarman Adds to AIG, Drops Allied Nevada and Genworth

By Salvatore "Sam" Mattera - May 22, 2013 | Tickers: ANV, AIG, GNW

Seth Klarman is a legendary value investor. His fund, The Baupost Group, is one of the largest hedge funds in the world, with assets totaling nearly $30 billion.

As of its 13F filing last week, the fund was fairly active in the first quarter, exiting some stakes while dramatically increasing others. As of the end of March, the fund held positions in more than 20 stocks.

The most interesting of more »
5 Solid High Growth Oversold Stocks

By Anthony Parsons - May 21, 2013 | Tickers: ANV, ARUN, ATHN, XXIA, ZAGG

This article will focus on five stocks that were uncovered using a stock screener on May 8, 2013. This is meant to help you identify companies that have the potential to provide significant returns. Many of these stocks have seen large price decreases over the past year, and now might be a great time to scoop them up.

The stock screen was meant to identify companies that have high earnings more »
Is Value Emerging in These Gold Miners?

By Jacob Wolinsky - May 6, 2013 | Tickers: ANV, NEM, RGLD

The sell-off in gold must still be fresh in investors minds as it had a significant bearing on the stock market, as well. The price of the precious metal was down close to 8% in April. The Cyprus-inflicted panic substantially shaved the valuations in gold mining firms, such as Allied Nevada Gold (NYSEMKT: ANV), Royal Gold (NASDAQ: RGLD), and Newmont Mining (NYSE: NEM), which begs the question -- is this is more »
Is All the Bad News Out For Allied Nevada?

By Peter Epstein - May 3, 2013 | Tickers: ANV, CAGDF, GDX

Is All the Bad News Finally Out on Allied Nevada?

Before I try to answer, let's review the chain of events that has taken the stock about 70% from December 31, 2012 to $9.60 today. For comparison purposes, the Market Vectors Gold Miners ETF, (NYSEMKT: GDX) is down about 40% year-to-date. Allied Nevada, (NYSEMKT: ANV) is one of the worst performers among mid-tier producers. The next worst performer more »
Allied Nevada: New Management Creates Confidence

By Peter Pham - May 1, 2013 | Tickers: ANV, ABX, SLV, GLD

Allied Nevada’s (NYSE:ANV) stock surged after the company reported its preliminary Q1-2013 results. The business is one of the key players of Nevada’s current gold rush and owns more than 100 exploration properties at various stages of production throughout the state. The company’s stock has bounced finally after almost touching the 52-week low as it informed investors that it was going to meet its six-month guidance more »
Just Give Me Flat Gold Demand as Supply Falters

By Peter Epstein - April 17, 2013 | Tickers: ANV, ABX, NEM, GLD

Wild Gold Price Swings Divorced From Supply / Demand Considerations

On Friday, Apr. 12, gold prices fell more than $80 per ounce to about $1,480. The sell-off, (some called it panicked, some said it was capitulation) means that in technical terms gold has, "broken down." I am not a big fan of technical analysis. I have no idea where gold is headed next.

Over a longer period, I believe that more »
Just Give Me Flat Gold Demand as Supply Falters

By Peter Epstein - April 17, 2013 | Tickers: ANV, ABX, NEM, GLD

Wild Gold Price Swings Divorced From Supply / Demand Considerations

On Friday, Apr. 12, gold prices fell more than $80 per ounce to about $1,480. The sell-off, (some called it panicked, some said it was capitulation) means that in technical terms gold has, "broken down." I am not a big fan of technical analysis. I have no idea where gold is headed next.

Over a longer period, I believe that more »
Just Give Me Flat Gold Demand as Supply Falters

By Peter Epstein - April 14, 2013 | Tickers: ANV, ABX, NEM, GLD

Wild Gold Price Swings Divorced From Supply / Demand Considerations

On Friday, April 12th, gold prices fell more than $80 per ounce to about $1,480. The sell-off, (some called it panicked, some said it was capitulation) means that in technical terms gold has, "broken down." I am not a big fan of technical analysis. I have no idea where gold is headed next.

Over a longer period, I believe that more »
As Gold Prices Fall, Should Investors Panic?

By Peter Epstein - April 12, 2013 | Tickers: ANV, AU, CDE, CORVF

Gold prices are down 8% year to date. That may look horrible when compared to the S&P500 Index, which is up about 12%. But these are entirely seperate asset classes, and there's room for both in one's portfolio. Let's figure out what an 8% sell-off truly means for junior gold companies.

Does an 8% Drop Signal the End?

Today's price of $1,565 per ounce more »
Big Insider Buys In These 3 Companies

By Mike Thiessen - March 25, 2013 | Tickers: AKAM, ANV, MDRX

Although the technique is by no means perfect, many successful investors have enriched themselves and their clients by watching under-performing stocks for early signs of insider buying. Since sustained bouts of insider buying often serve as early indications that a company is about to report a blockbuster earnings year or pull its stock out of a long-term down trend, it is only natural for market-watchers to jump on these signals more »
More to Gold Miners Than Falling Knives

By Jacob Wolinsky - March 20, 2013 | Tickers: ANV, GSS, RGLD

Precious metal stocks have sorely underperformed the U.S. equity markets over the last year or so. GLD, which tracks the price of physical gold, had negative returns of 5 percent over the last year.

The decline has been even stronger in the last six months, during which the fund lost more than 10%. Reasons behind this fall are not difficult to track; with the equities boom in major markets more »
3 Mining Plays in Gold

By Chris Lau - March 5, 2013 | Tickers: ANV, ABX, NG

Investors watching gold companies are wondering when they will stop falling, while those who have yet to invest in them are wondering when to start a position. Allied Nevada Gold (NYSEMKT: ANV) is down 49%, while NovaGold Resources (NYSEMKT: NG) is down 53%. Both companies are of particular interest because legendary value investor Seth Klarman, who founded Baupost Group, holds both companies. In Q4 2012, Baupost built up a 2 more »
Global Gold Production Increasingly Threatened, Invest Locally!

By Peter Epstein - January 15, 2013 | Tickers: ANV, ABX, NEM

On Dec. 19 I wrote an article suggesting that mid-tier and even small cap gold companies offer excellent risk/reward opportunities, [see article here]. In that piece I briefly described Nevada gold plays Allied Nevada, (NYSEMKT: ANV) and Pershing Gold. I opined that companies like Barrick Gold, (NYSE: ABX) and Nemont, (NYSE: NEM) have consistently under-performed,

"On average, the majors have under-performed GLD for the past 3 months, 6 months more »
How to Safely Invest in Gold

By Piyush Arora - January 14, 2013 | Tickers: ANV, ABX, NG
Best Gold Mining Stocks For 2013

By Peter Epstein - December 19, 2012 | Tickers: ANV, CDE, GDXJ, MDW, NEM, GLD

How Does One Get Exposure to Gold in 2013?

For those interested in exposure to gold, there are a number of ways to get invested. One can buy physical gold outright such as gold coins, a gold Exchange Traded Fund, "ETF" such as SPDR Gold Shares, (NYSEMKT: GLD), gold futures, a gold stock ETF or a specialty junior gold mining company ETF, such as Market Vectors Junior Gold, (NYSEMKT: GDXJ more »)
This Fund Manager’s Picks Returned Over 36% Last Quarter

By Meena Krishnamsetty - October 26, 2012 | Tickers: AXU, ANV, CDE, AG, FSM

Sprott Asset Management, managed by the infamous precious metals bull Eric Sprott, is an investment advisory firm with an estimated $9.7 billion in assets under management. Sprott's fund has investments in a wide array of asset classes, and has about 8% of his capital invested in US equities, as noted by his $762 million 13F portfolio. Among Sprott's portfolio is a wide array of stocks in the more »
Seth Klarman’s Latest Stock Picks

By Meena Krishnamsetty - August 20, 2012 | Tickers: ANV, BP, GNW, HPQ, ORCL

The Baupost Group, managed by Seth Klarman, filed its 13F with the SEC for the second quarter of 2012 this past week. Klarman is a value investor known for writing Margin of Safety. According to Insider Monkey’s calculations, the fund moved heavily into stocks with a couple large new positions and several other top holdings from the previous quarter being increased. Here are some trends that we see in more »