2 Gold Mining Stocks to Watch Amid Higher Prices

Group 1: Market Overview - Concerns about higher interest rates have resurfaced following unexpected inflation data for January, impacting gold prices and increasing demand for safe-haven assets amid potential trade war fears [1] Group 2: Barrick Gold Corp (GOLD) - Barrick Gold Corp's stock has risen by 6.1% to $18.11, marking its highest level since November, after exceeding fourth-quarter profit estimates and announcing a $1 billion share buyback program [2] - The stock is on track for its best day since August and has a year-over-year gain of 28.7%, having recently surpassed its 100-day moving average [2] Group 3: Options Activity - Options volume for Barrick Gold is significantly high, running at triple the intraday average with 69,000 calls and 18,000 puts exchanged, indicating strong market interest [3] - The most popular options contract is the March 80 call [3] Group 4: Newmont Corporation (NEM) - Newmont Corporation is set to announce its fourth-quarter results on February 20, with its stock currently up 1.9% to $46.37 and a year-over-year gain of 44.1%, including a 24% increase this year [4] - The stock has recently reached its highest level since late October and is consolidating above its 100-day trendline [4] Group 5: Post-Earnings Reactions for Newmont - Newmont has a mixed history of post-earnings reactions, with four of the last eight sessions finishing higher and four lower, including a notable 14.7% drop after the most recent earnings report [5] - The stock has averaged a move of 6.2% in the past two years post-earnings, while current options pricing indicates a larger expected swing of 8.1% [5]