IAMGOLD Corp (USA)
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Is the Newly Introduced Mining Tax in Quebec a Headwind for Gold Stocks?
By Zain Abbas - May 20, 2013 | Tickers: AEM, GG, IAG
On Monday, May 6, after the close of market, the Government of the Province of Quebec released its much anticipated proposal to change the mining tax and royalty regime in the Province which is expected to be effective at the beginning of 2014. Under the new proposal, mining companies will pay the greater of a minimum mining tax and a progressive profit tax (see details of tax calculations below).
In more »
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Mining Stocks Looking For A Rebound?
By Johan Seijkens - May 17, 2013 | Tickers: ABX, IAG, SVM
China and India continue to be the world’s top buyers of the yellow metal called Gold, and this is expected to continue. But despite that the gold and silver price, have seen a dramatic decline.
The mining sector has been hit hard but now gives investors some opportunities to snap up some gold and silver stocks for bargain prices. An investment strategy would be to buy mining stocks that more »
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Are Gold Stocks Still Attractive?
By Zain Abbas - May 16, 2013 | Tickers: AEM, GG, IAG
Gold price crashed from above $1,700/oz to as low as $1,330/oz when Cyprus government said that a sale of gold reserves worth 400 million euros was among the options for its contribution towards an international bailout. This obviously had its impact on the gold stocks.
In the ongoing season, many had a belief that the gold mining companies would cut their guidance for the year given more »
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High EBITDA Growth, Consistent Dividend, and Cheaply Valued Companies (Part II)
By Anh HOANG - May 2, 2013 | Tickers: HP, IAG, RIG
In a previous article, I talked about two businesses, VSE and HollyFrontier, which had high EBITDA growth, paid uninterrupted dividends, and were valued cheaply. In this article, I will uncover more such stocks which possess the same criteria including: (1) annualized EBITDA growth in the past 10 years was at least 20%, (2) minimum 10 years of consistent dividend payments, (3) EV/EBITDA is in between 1 and 5, and more »
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Mining for Gold...Mines, That Is
By Joseph Porter - April 30, 2013 | Tickers: EGO, GG, IAG, PAAS
Over the past six months, the price of precious metals has been sliding downwards. In particular, gold has seen a drop of almost 25%, while silver has decreased in price by almost 33%; the devaluation has been rather dramatic in recent weeks:
In the period from April 9 to April 17, silver dropped more than 15%, to $23.34 from $27.51. Gold saw a similar drop from April 5 more »
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5 Cheap Stocks With High-Growth and High-Yield
By Meena Krishnamsetty - April 5, 2013 | Tickers: CA, ESV, HRS, IAG, MSFT
Historical evidence suggests that over a long period of time, value stocks beat growth stocks, and on the whole, dividend-growth stocks beat the overall market. Thus, it may be assumed that stocks that combine the characteristics of both value and high-dividend growth stand a good chance to outperform Mr. Market in the long run. This assumption about value stocks’ outperformance versus growth and core stocks is supported by empirical research more »
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The Turnaround Portfolio for Young Investors (Part II)
By Jacob Steinberg - March 23, 2013 | Tickers: AMD, BP, CHK, FTE, IAG
Both younger and older investors enjoy some benefits that their counterparts don't. Older investors tend to have more money to invest, but they are closer to retirement so they have to be a little bit more conservative about their investments than younger investors. On the contrary, while younger investors tend to have less money to begin with, they have more time to recuperate any losses they may sustain during more »
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The Turnaround Portfolio For Young Investors (Part I)
By Jacob Steinberg - March 22, 2013 | Tickers: AMD, AAPL, BBRY, BP, CHK, FTE, HPQ, IAG, NOK, SNE
Both younger and older investors enjoy some benefits their counterparts don't. Older investors tend to have more money to invest, but they are closer to retirement, so they have to be a little bit more conservative about their investments than the younger investors. On the other hand, while younger investors tend to have less money to begin with, they have more time to recuperate any losses they may sustain more »
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A Must-Buy Gold Stock
By Waqar Saif - March 15, 2013 | Tickers: GG, IAG, AUY
The Canadian-based gold producer Yamana Gold (NYSE: AUY) engages in the production, exploration, extraction and processing of gold and other precious metals. The company has operations in Brazil, Argentina, Chile, Mexico and Colombia.
Quarterly Earnings
On Feb. 20, Yamana Gold released its earnings for the fourth quarter of 2012. The company reported earnings of $169.2 million, or 22 cents a share, versus $89.6 million, or 12 cents a more »
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Stocks that are primed to rise in the short-term
By Marlin Hansbrough - March 9, 2013 | Tickers: AVD, CEO, CPRT, E, HAIN, IAG, LNN, SSL, SU, ULTA
The stocks listed below are primed to rise in price over the next few months. I have a proven record of choosing stocks that have short - term growth. Check my twitter page https://twitter.com/h_marlin to see my past results.American Vanguard Corp. (NYSE: AVD) -
Still Bullish on Gold
By Bob Chandler - February 27, 2013 | Tickers: AU, ABX, GFI, IAG, GLD
There has been a lot of bearish sentiment around gold recently. Citigroup analysts reported the metal may have hit its cycle peak and the SPDR Gold Shares ETF (NYSEMKT: GLD) was down around 14% from its 52-week high.
The pessimism is understandable. After a high of around $1900 an ounce in 2011, the gold price has fallen back and been slammed vigorously each time it’s tried to return. Yet more »
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This Giant is a Long-Term Gainer
By Waqar Saif - February 23, 2013 | Tickers: ABX, IAG, AUY
Headquartered in Canada, Barrick Gold Corp. (NYSE: ABX) is the largest gold mining company in the world. The company has four regional business units in North America, South America, Africa and Australia.
Barrick Gold Earnings
On the Feb. 14 Barrick Gold released its earnings for 4Q12. The company reported a net loss of $3.06 billion or $3.06 per share, which included an impairment charge of $4.2 billion more »
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Superman Avoiding Kryptonite – Considers Investing in Uranium
By Michael Ugulini - February 7, 2013 | Tickers: AU, CCJ, IAG, RIO
At a recent Investor's conference I talked to the Man of Steel who reported his renewed interest in Uranium while avoiding Kryptonite altogether. "For obvious reasons I'm risk-averse as concerns Kryptonite, but I'm researching the opportunities in Uranium and the companies that have projects in this area."
Rio Tinto (NYSE: RIO) engages in finding, mining, and processing mineral resources. Major products are aluminum, copper, diamonds, thermal and more »
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Divergence Between Gold and Miners Continues: But for How Long?
By James Catlin - January 29, 2013 | Tickers: ABX, IAG, GDX, NEM, GLD
For about 18 months now there has been a sharp divergence between the price of gold and the stock price of gold miners that is unsustainable in the long run. Taking into account the massive consensus that global inflation is coming, then it might be a good idea to revisit some major gold miners during these oversold conditions to look for a long term buying opportunity.
First let me illustrate more »
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2 Gold Stocks to Short, 1 to Hold
By Masam Abbas - January 28, 2013 | Tickers: IAG, KGC, NGD
IAM Gold (NYSE: IAG)
In a recent press release, the company announced its 4Q12 gold production, higher than the forecasted figure of 205.35koz. The Street expects the cash costs to come near $700/oz.
Key highlights of the press release:
- 2012 production missed the low end of guidance of 840-910kozs at 830kozs. Cash costs come in +/- 3% of the upper end of $670-$695/oz guidance.
- 2013 CapEx guidance more »
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What’s the Best Way to Invest in Gold?
By Meena Krishnamsetty - December 11, 2012 | Tickers: AU, GFI, IAG, NG, GOLD
Billionaire John Paulson founded Paulson & Co. in 1994 and has become famous for his bets against subprime mortgages. Paulson’s strategy focuses on macro-themed investments rather than picking individual stocks. Paulson’s big themes in the past have been betting against banks during the financial crisis, and then betting on them during their recovery. Paulson’s most recent bet has been on gold, where in 2010 he made upwards of more »
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3 Stocks Worth Their Metal
By Chad Henage - October 20, 2012 | Tickers: CLF, IAG, PAAS
For years investors have made bets on the direction of metal prices. Some companies have used contracts to lock in the price of a metal for production. Sometimes speculators have used gold or silver contracts to try and profit from a move in the price of these commodities. While investors have been both benefited and burned by direct bets on different commodities, buying stock in companies that produce these metals is a different investment all together. In theory, certain companies should do better when the economy is in a slump, and we saw this clearly with gold producers racking up gains. Not all mining companies move in the same direction however, a company involved in iron production might see better gains when the economy is growing and demand is better. With all this in mind, I recently ran a screen using the Fool.com CAPS Screener. I wanted mining companies with at least 20% EPS growth, and at least 10% revenue growth, over the last three years. Three of the companies this screen returned give us a good cross-section of the metals and mining industry. Those companies are: Cliffs Natural Resources (NYSE: CLF), Iamgold Corp. (NYSE: IAG), and Pan American Silver Corp. (NASDAQ: PAAS).
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Billionaire John Paulson's Favorite Gold Stocks
By Meena Krishnamsetty - September 27, 2012 | Tickers: AU, ABX, GFI, IAG, GOLD
On the back of QE3, commodities are sure to have an illustrious future, with gold having the potential to lead the way. Gold has largely served as an inflation hedge, with investors more recently using it as a way to make money, by betting on Ben Bernanke and the Fed’s attempts to jump-start the economy. As a third round of monetary easing became more of a reality, the CBOE more »
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This is How I want my Exposure to Gold
By Zack Reitz - July 30, 2012 | Tickers: GG, IAG, PPP, SLW
The prospect of owning a junior miner is simply intriguing for investors. These minors have small market caps, and the opportunities to experience exponential growth. If production for the gold mines is successful, investors will hit a jackpot. The problem with these exciting investments is the high risks associated with them. Mine reports are released periodically, indicating the gold reserves a miner might have. These can be very volatile periods more »
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Looking for a Golden Gold Miner
By Andrés Cardenal - June 17, 2012 | Tickers: AEM, EGO, GG, IAG, KGC
Gold mining is a very particular business, in which having low production costs is perhaps the most determinant competitive advantage. Companies cannot differentiate their products in this industry; they need to accept a price that is determined by the global supply and demand environment. For this reason, production costs become a critical factor to obtain profitability and even survive in times of volatile commodity prices.
Because individual companies have almost more »
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