Gold stocks Articles

Positive Analyst Reviews for Visa, PayPal Earnings

Apr 25, 2019 10:40 AM / Josh Selway

PayPal revealed data on its Venmo service for investorsPayments specialists Visa Inc (NYSE:V) and PayPal Holdings Inc (NASDAQ:PYPL) are in focus this morning following the companies' quarterly reports, which have a number of analysts raising their outlooks on shares of V and PYPL. Let's take a closer look at the stocks.Visa reported a top- and bottom-line beat, and reaffirmed its 2019 outlook, whi...Read More

3M Put Options Hot as Dow Stock Slumps

Apr 25, 2019 10:19 AM / Karee Venema

The company's first-quarter results arrived well below estimatesThe shares of 3M Co (NYSE:MMM) are slumping today, after the consumer products giant -- whose products include Post-it and Scotch Tape -- reported first-quarter adjusted profit of $2.23 per share on $7.86 billion in revenue, less than analysts were expecting. The company also lowered its 2019 earnings forecast, and said it's cutting 2...Read More

FAANG Stock Showered in Bull Notes After Earnings

Apr 25, 2019 9:57 AM / Emma Duncan

FB is pacing for its best day since JanuarySocial media giant Facebook, Inc. (NASDAQ:FB) is soaring in early trading, after the company reported a first-quarter profit beat. The company also mentioned it has set aside $3 billion to settle with U.S. regulators over data sharing, but could end up having to fork over up to $5 billion. Analysts have been far from shy to respond, with no fewer than 13...Read More

New Age Beverages Stock Scales Nasdaq After Global CBD Launch

Apr 25, 2019 9:57 AM / Patrick Martin

NBEV options are attractively priced, to bootNew Age Beverages Corp (NASDAQ:NBEV) is near the top of the Nasdaq this morning, up 5.6% to trade at $5.82, after the company announced the global launch of its cannabidiol (CBD) product portfolio. The range of products include CBD creams, lotions, and oils, and will be sold worldwide. New Age Beverages stock is on track for its best day since April 8,...Read More

Microsoft Stock Hits Record High on Earnings Beat

Apr 25, 2019 9:54 AM / Lillian Currens

Microsoft has passed a $1 trillion market cap after last night's fiscal third-quarter earnings beatThe shares of tech giant Microsoft Corporation (NASDAQ:MSFT) are soaring today, after the company posted third-quarter earnings and revenue that exceeded analysts' expectations. The Dow stock has now surpassed a $1 trillion market cap, and the company is forecasting even more growth for its Azure clo...Read More

Freeport shares drop after quarterly profit misses expectations

Apr. 25, 2019, 9:41 AM / Reuters

Freeport-McMoRan Inc, the world's largest publicly traded copper producer, posted a lower-than-expected quarterly profit on Thursday due to slipping production and prices for the red metal, sending shares down more than 9 percent.The results come amid a more than $15 billion project to expand Indonesia's Grasberg copper and gold mine from an open pit to an underground operation, a complex and time...Read More

Newmont Goldcorp profit beats on higher production as prices fall

Apr. 25, 2019, 9:22 AM / Reuters

Newmont Goldcorp, the world's biggest gold miner, reported a higher-than-expected first-quarter profit on Thursday, as a boost in gold production and lower costs countered lagging gold prices.At a time when easy-to-find gold reserves are dwindling, Newmont shored up its production pipeline through the $10 billion acquisition of Goldcorp Inc, which closed last week.Newmont Goldcorp did not provide...Read More

Canadian miners start 2019 off on the right foot amid mega-deals

Apr. 25, 2019, 9:16 AM / Cecilia Jamasmie

Canada's mining industry started the year off on the right foot, with major deals including the Barrick-Randgold merger and Newmont's acquisition of Goldcorp, setting the tone for the sector.As a result, Ernst & Young's Canadian Mining Eye index - which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies - rose 5% fin the January-March...Read More

Facebook Earnings Fuel Upside for S&P, Nasdaq Futures

Apr 25, 2019 9:16 AM / Karee Venema

The Dow is set for a lower open after 3M's earningsDow Jones Industrial Average (DJI) futures are signaling a lower start following Post-it parent 3M's (MMM) shocking earnings report -- which has the blue-chip stock down 8% in electronic trading. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are trading above fair value on a positive earnings reaction for Facebook (FB), with the FA...Read More

Acacia Mining core profit slumps as Tanzanian troubles bite

Apr. 25, 2019, 9:11 AM / Reuters

Acacia Mining Plc reported a slump in underlying core earnings on Thursday as it struggled with production issues at its North Mara gold mine in Tanzania, where it said pressure was building for a settlement of its row with the government.Acacia, majority-owned by Barrick Gold, is embroiled in a long-running tax dispute with Tanzania. It has cut output by a third since the government banned the ex...Read More

UrbanGold Minerals to survey StarGold property in Quebec

Apr. 25, 2019, 6:56 AM / Staff

UrbanGold Minerals (TSXV: UGM) announced this week that it is about to start a helicopter-borne geophysical survey on its 100%-owned StarGold property, located in Quebec, eastern Canada.In a press release, UrbanGold explained that the 809-line-kilometre electromagnetic survey is designed to cover the entire property, and it is aimed at identifying the potential source of a large angular boulder fr...Read More

Canadian gold miner starts drilling in Fiji

Apr. 25, 2019, 6:53 AM / Staff

Lion One Metals (TSXV: LIO) (ASX: LLO) announced that it kicked off a drilling campaign at its 100%-owned Tuvatu gold project located on the island of Viti Levu in Fiji.In a press release, the North Vancouver-based miner said that the initial drilling program will test shallow dipping lodes in an area called the HT Corridor, which is a mineralized zone cross-cutting the principal vein system of th...Read More

Canadian gold miner starts drilling in Fiji

Apr. 25, 2019, 6:53 AM / Staff

Lion One Metals (TSXV: LIO) (ASX: LLO) announced that it kicked off a drilling campaign at its 100%-owned Tuvatu gold project located on the island of Viti Levu in Fiji.In a press release, the North Vancouver-based miner said that the initial drilling program will test shallow dipping lodes in an area called the HT Corridor, which is a mineralized zone cross-cutting the principal vein system of th...Read More

METALS-Strong dollar, growth fears push copper to one-month low

Thursday April 25, 2019 6:49 AM / Kitco News

(Updates with closing prices)By Peter HobsonLONDON, April 25 (Reuters) - Copper prices fell on Thursdayas worries over the global economic outlook increased and theU.S. dollar hit its strongest in almost two years, making metalsmore expensive for buyers with other currencies.Benchmark copper on the London Metal Exchange (LME)ended down 1.3 percent at $6,364 a tonne after touching itslowest since M...Read More

UPDATE 5-German ambitions evaporate as Deutsche Bank merger talks with Commerzbank collapse

Thursday April 25, 2019 3:17 AM / Kitco News

* Banks cite risks of getting deal done, restructuring costs * Announcement came during the sixth week of talks * Raises questions about future of both banks * Deutsche shares up 1.1 percent, Commerzbank off 2.6 pct (Updates with Commerzbank employee survey, fund manager,Bundesbank comment, CFO)By Andreas Framke, Arno Schuetze and Tom SimsFRANKFURT, April 25 (Reuters) - German hopes of creating an...Read More

Gold firms as weak data puts focus back on growth risks

2019-04-24T21:41:35-0400 / CNBC

Published 23 Hours AgoUpdated6 Hours AgoReuters Getty ImagesGold inched higher on Thursday as weak economic data rekindled fears over global growth, while bullion's recovery from four-month lows and an improved technical picture prompted some investors to cover their short positions.Spot gold was up 0.1 percent at $1,276.43 per ounce. U.S. gold futures settled $0.30 higher at $1,279.70. World equ...Read More

Stocks End Down in Afternoon Trading Ahead of Microsoft, Facebook Results - TheStreet

April 25, 2019 / Rob Lenihan

Here Are 3 Hot Things to Know About Stocks Right Now Stocks ended lower Wednesday, a day after the S&P 500 and the Nasdaq set closing record highs. Boeing  (BA - Get Report) missed first-quarter earnings expectations and pulled its earnings guidance in light of the troubled 737 MAX aircraft. AT&T  (T - Get Report) posted first-quarter earnings that were mostly in-line wi...Read More

S&P 500 Extends Record High Ahead of Big Ticket Earnings From Boeing, AT&T, CAT - TheStreet

April 25, 2019 / Martin Baccardax

The Wednesday Market Minute Global stocks edge higher, following last night's record closes on Wall Street, as investors regroup for another wave of earnings on Wall Street.A muted outlook from chipmaker Texas Instruments holds down tech stocks in Asia, while concerns over a pause in stimulus from Beijing clips markets for a second consecutive session in China.European auto stocks drift lower am...Read More

Gold Prices Slip on Strong Earning Reports and U.S. Housing Data

April 25, 2019 / - Gold prices slipped on Wednesday in Asia, pressured by strong earning reports stateside and strong U.S. housing data released overnight.Gold futures for June delivery, traded on the Comex division of the New York Mercantile Exchange, were down 0.1%, at $1,271.75 per ounce by 1:40 AM ET (05:40 GMT).A wave of better-than-expected earnings results from U.S.-listed companies including...Read More

Moving Averages (video tutorial)

Thursday, 25 April2019 / Staff reporter

By: IRA EPSTEINSpecial Video in lieu of the daily metals update: Moving Averages:Read More