The company net profit margin is 6.10% and gross profit margin is 26.30%. Analyst expected twelve month price target of $23.62.
Advertisement
The stock could rise more than 40 per cent, to US$23, even “without needing the gold price to take it there”, Barron’s quoted Tocqueville Asset Management LP analyst Ryan McIntyre as saying.
EPS growth in next year is estimated to reach 42.67% while EPS growth estimate for this year is set at 2.40%.
Goldcorp Inc. (NYSE:GG) was upgraded by investment analysts at Vetr from a “buy” rating to a “strong-buy” rating in a note issued to investors on Wednesday. The share price of the stock surged 31.78% for the year.
The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance.
AK Steel Holding Corporation (NYSE:AKS) shares moved to $4.44 after starting the day at $4.65 on Tuesday. Company has a market cap of $21,430 M. On average, equities analysts forecast that Kinross Gold Corp. will post $0.10 EPS for the current fiscal year. The performance for the year is at 152.27% and the performance (year to date) is at 136.93%. ATR value of corporation was 1.09. “10” brokerage firms have rated the company as a “Hold”. The agreement will be in effect until April 1, 2019.
Many analysts are providing their Estimated Earnings analysis for Eldorado Gold Corporation and for the current quarter 11 analysts have projected that the stock could give an Average Earnings estimate of $0.03/share. Analyst’s mean target price for ABX is 9.00 while analysts mean recommendation is 2.60. The stock price is going above to its 52 week low with 209.95% and lagging behind from its 52 week high with -22.37%.
Looking for another way to boost the oil-dependent economy that has been bitten by a collapse in energy prices, the government of Venezuela turned to mining, taking a 55% stake in a gold mining venture with Barrick Gold Corporation (ABX), the world’s biggest producer of the precious metal.
Barrick Gold Corporation declared the appointment of Mark Hill as Chief Investment Officer, effective September 12. The Toronto-based company says Hill’s technical experience will complement the economic and financial expertise of chief financial officer Catherine Raw.
Barrick Gold Corporation has lost 13.19% in the last five trading days and dropped 21.55% in the last 4 weeks.
The present return on equity (ROE) stands at -36.00%, while the debt to equity is at 1.23. Analyst’s mean target price for Gold Fields Ltd. (NYSE:GFI) is $24.78 while analysts mean recommendation is 3.00.
Advertisement
Gold Fields Ltd. (NYSE:GFI) said that, its Damang Mine through the Gold Fields Ghana Foundation (GFGF) has awarded scholarships and bursaries worth Gh¢ 81,250 to 65 students from the mine’s nine host communities. Scholarship beneficiaries at the SHS level were entitled to GHC1,500, while those on bursary were entitled to GHC750 annually.
