-
3 Reasons Small Caps Are The Best Plays For Consolidation In The Precious Metals Sector
Wednesday, May 7, 2014 - 10:36am | 616Read More...A previous article on Benzinga detailed why the consolidation in the gold sector is now so appealing. For those looking to profit from takeovers in the sector, small caps are the best play. Here are three reasons why taking positions in small cap mining firms such as McEwen Mining (NYSE: MUX),...
-
Jefferies Reports Record Results For Barrick Gold
Thursday, April 28, 2011 - 7:59am | 91Read More...In a report published by Jefferies, Barrick Gold Corp (NYSE: ABX) saw record results. Jefferies said that Barrick Gold reported first quarter adjusted earnings of $1.00 per share vs estimates of $0.90 per share and consensus of $1.00. “We believe the market has been quite forceful in its...
-
Strength in gold prices and gain from unwinding its hedges to act as boosters for Barrick Gold Corp (ABX)
Friday, September 11, 2009 - 8:07am | 80Read More...Commodity proxy Strategy for Barrick Gold Corp (ABX) Close – $38.0 Strategy – Buy on Dips MACD – 1.09 RSI – 65.20 The stock has been in news owing to the recent rise in Gold Prices. The company is expected to profit from unwinding its hedges and the rise in the price of Gold. The stock rallied to $...
