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ETFs to Watch as Gold Breaches the $5,200 Mark
ZACKS· 2026-01-28 16:51
Core Insights - Gold prices have surged significantly, climbing 60.88% over the past six months and 93.20% over the past year, with a recent increase of 6.93% in the last five days, surpassing the $5,200 mark [1][11] - Geopolitical tensions and tariff frictions are driving market volatility and increasing demand for gold as a safe-haven asset [2][5] - Expectations of further Federal Reserve rate cuts and a declining U.S. dollar are supporting the bullish outlook for gold [4][6] Geopolitical and Economic Factors - Renewed tariff threats from President Trump against South Korea and earlier threats against Canada are escalating trade tensions, which are contributing to market unease and boosting safe-haven demand for gold [3][5] - Ongoing U.S. military actions and heightened tensions in regions like Syria, Venezuela, and the Middle East are reinforcing investor demand for gold [5] Market Dynamics - The U.S. Dollar Index (DXY) has decreased by 2.24% over the past five days and 10.75% over the past year, with an all-time decline of 19.81%, making gold more affordable for international buyers [7] - Inflows into gold and precious metals commodity funds reached $1.96 billion in the week ending January 21, marking the 10th week of net purchases in 11 weeks, indicating strong investor interest [8] Central Bank Activity - Central bank gold purchases are expected to remain robust, with Goldman Sachs projecting monthly buying to average around 60 metric tons [9] - Analysts forecast that gold prices could potentially reach $6,000 in 2026, driven by strong demand from central banks and retail investors amid escalating global tensions [10] Investment Strategies - Investors are encouraged to adopt a "buy-the-dip" strategy to increase exposure to gold, as the fundamentals supporting the rally remain strong [13] - Recommended gold ETFs for increased exposure include SPDR Gold Shares (GLD), iShares Gold Trust (IAU), and SPDR Gold MiniShares Trust (GLDM), among others [14][15] - For those interested in gold mining, options include VanEck Gold Miners ETF (GDX) and Sprott Gold Miners ETF (SGDM), which can magnify gains and losses associated with gold prices [16][17]
GFI vs. AU: Which Gold Mining Stock is the Better Buy Now?
ZACKS· 2026-01-28 16:20
Core Insights - Gold Fields Limited (GFI) and AngloGold Ashanti Plc. (AU) are prominent global gold producers benefiting from a surge in gold prices exceeding $5,000 per ounce due to safe-haven demand and market uncertainty [1] - Both companies have shown strong production results and positive analyst sentiment, prompting a comparison of their fundamentals to identify the better investment opportunity [1] Group 1: Gold Fields Limited (GFI) - GFI reported a strong third quarter with gold-equivalent production increasing approximately 22% year-over-year to around 621,000 ounces, and a 6% quarter-on-quarter increase [2] - The Salares Norte mine in Chile significantly contributed to production, yielding 112,000 ounces equivalent in the third quarter, with a sequential output increase of 53% [3] - All-in sustaining costs (AISC) were about $1,557 per ounce, down roughly 10% quarter-on-quarter, enhancing margins amid high realized gold prices [4] - GFI's Tarkwa mine in Ghana produced about 123,000 ounces in the third quarter and typically delivers over 500,000 ounces annually [5] - By the end of September 2025, GFI's net debt was $791 million, a decrease of $696 million from the previous quarter, with a debt to capital ratio of 34.8% [6] Group 2: AngloGold Ashanti Plc. (AU) - AU reported a 17% year-on-year increase in gold production to around 768,000 ounces, driven by higher output from key mines [7] - The company sold approximately 764,000 ounces of gold at an average realized price of $3,490 per ounce, leading to higher revenue and improved margins [8] - Total cash costs for AU were roughly $1,225 per ounce, with AISC increasing to $1,720 per ounce [8] - AU's cash and cash equivalents stood at $2.57 billion at the end of September 2025, with long-term debt of $2.03 billion, resulting in a debt to capital ratio of 17.6% [11] Group 3: Comparative Performance and Valuation - GFI's stock has increased by 240.3% over the past year, while AU's stock has risen by 284.3%, outperforming the Zacks Mining-Gold industry which rose by 168.1% [12] - GFI is trading at a forward 12-month earnings multiple of 4.5X, whereas AU is trading at a lower multiple of 3.81X [14] - The Zacks Consensus Estimate for GFI's fiscal 2026 sales implies a 120% year-over-year growth, while AU's estimates suggest a 23% rise [17][19] - GFI's EPS estimates for fiscal 2026 indicate a 261% year-over-year increase, while AU's EPS is expected to rise by 41.3% [17][19] Group 4: Investment Case - GFI's strong quarter was marked by a 22% production increase, lower AISC, and a significant reduction in net debt, with Salares Norte expected to contribute meaningfully in 2025-2026 [22] - However, AU presents a stronger investment case with higher third-quarter production, superior free cash flow exceeding $1 billion, and a robust balance sheet [23] - AU's growth potential is bolstered by expanded reserves at Geita and modernization efforts at Obuasi, alongside new U.S. exposure through Augusta [23] - Despite AU's stronger financial profile, it trades at a cheaper forward earnings multiple compared to GFI, making it a more compelling buy for investors [23]
Best Momentum Stocks to Buy for January 28th
ZACKS· 2026-01-28 16:01
Group 1: New Gold Inc. (NGD) - New Gold Inc. is a gold mining company with a Zacks Rank 1, indicating strong performance potential [1] - The Zacks Consensus Estimate for New Gold's current year earnings has increased by 5.3% over the last 60 days [1] - New Gold's shares have gained 79.8% over the last three months, significantly outperforming the S&P 500, which advanced by only 1.2% [1] - The company has a Momentum Score of A, reflecting strong momentum characteristics [1] Group 2: Investar Holding Corporation (ISTR) - Investar Holding Corporation is a bank holding company for Investar Bank, also holding a Zacks Rank 1 [2] - The Zacks Consensus Estimate for Investar's next year earnings has increased by 5.8% over the last 60 days [2] - Investar's shares have gained 16.2% over the last three months, again outperforming the S&P 500's 1.2% advance [2] - The company possesses a Momentum Score of B, indicating solid momentum characteristics [2]
Goldsky Resources (OTCPK:FNMC.D) Earnings Call Presentation
2026-01-28 16:00
Transformational acquisition to become 100% owner of the Barsele Gold Project in Sweden January 2026 1 Disclaimer This management presentation (this "presentation") is dated [l] and has been prepared by Goldsky ResourcesCorp. (formerly Goldsky Metals Corp.) ("Goldsky") based on information available to Goldsky at the time of preparing this presentation. This presentation has been prepared following Goldsky's acquisition of all of the outstanding and issued common shares of Mawson Finland Limited ("Mawson") ...
Herriage: Tech Rally in "Early Innings," TSLA AI & Robotics "Transformative"
Youtube· 2026-01-28 15:30
Welcome back to opening bell. Tyler Herage is with us, partner vertical research advisory. Uh we wanted to know your assessment of the markets.Look, we're hitting 7,000 today. It's a big deal. It's a nice round number and people love to see it.I don't know whether or not we will close above that area, but tell me more about what you think about the market and how you're feeling. >> Hi Nicole. Uh yes, great to be back on here with you.Uh especially on such an exciting day. Uh we've got big earnings. Uh big F ...
X @Bloomberg
Bloomberg· 2026-01-28 15:24
Sebastien de Montessus — ousted as boss of Endeavour Mining over alleged irregular payments — is back at the helm of an Africa-focused gold miner https://t.co/8gtOxWl1Bl ...
Cartier Announces Filing of Updated Mineral Resource Estimate Technical Report for the Cadillac Project
Globenewswire· 2026-01-28 14:00
VAL-D’OR, Quebec, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (″ Cartier ″ or the ″ Company ″) (TSXV: ECR; FSE: 6CA) is pleased to announce that it has filed the National Instrument 43-101-compliant (" NI 43-101 "), Updated Mineral Resource Estimate (" MRE ") Technical Report on its 100% owned flagship Cadillac Project, located in Val-d’Or (Abitibi, Quebec). Report results were previously announced in Cartier's news release dated December 18, 2025. The updated estimate includes approximately 11 ...
Minera Alamos Announces Secondary Market Purchase of Its Shares by Group of Strategic Investors
TMX Newsfile· 2026-01-28 13:54
Toronto, Ontario--(Newsfile Corp. - January 28, 2026) - Minera Alamos Inc. (TSXV: MAI) (OTCQX: MAIFD) ("Minera Alamos" or the "Company") today announces that a subsidiary of Equinox Gold Corp. ("Seller") has entered into definitive agreements for the sale of 9,680,281 common shares ("Shares") of the Company to a group of strategic investors including Darren Blasutti, Minera Alamos' Executive Vice President, Corporate Development. The Shares are being sold at a price of C$5.80 per Share for gross proceeds t ...
Can Gold Fields Maintain Its Upward Gold Production Momentum?
ZACKS· 2026-01-28 13:11
Core Insights - Gold Fields Ltd. (GFI) reported a significant increase in gold-equivalent production for Q3 2025, reaching 621,000 ounces, a 22% rise from 510,000 ounces in Q3 2024 [1][8] Production Highlights - The Salares Norte mine in Chile was a key contributor, producing approximately 112,000 ounces of gold-equivalent, which is a 53% sequential increase from 73,000 ounces [2][8] - Tarkwa mine in Ghana contributed 123,000 ounces, reflecting a 15% sequential increase due to higher feed grades and improved processing [3] - Other mines, including Damang, South Deep, Gruyere, and St Ives, maintained solid production levels, supporting overall portfolio growth [3] Cost Metrics - GFI's stronger production output led to improved cost metrics, with All-in Costs (AIC) at $1,835 per ounce and All-in Sustaining Costs (AISC) at $1,557 per ounce for the quarter [4][8] Peer Comparison - Allied Gold Corporation (AAUC) reported a production increase to 87,020 ounces, up from 85,147 ounces year-over-year, with AISC at $2,092 per ounce and AIC at $2,383 per ounce [5] - AngloGold Ashanti plc. (AU) achieved 768,000 ounces of gold-equivalent production, a 17% increase from 657,000 ounces, with AISC at $1,720 per ounce and AIC at $1,225 per ounce [6] Market Performance - GFI shares have increased by 240.3% over the year, outperforming the industry average increase of 168.1% [7] Valuation Metrics - GFI is currently trading at a forward 12-month price-to-sales ratio of 4.5X, which is higher than the industry average of 4.08X [10] Earnings Estimates - The Zacks Consensus Estimate for GFI's earnings implies a year-over-year growth of 261% for 2026, followed by a decline of 16% in 2027 [11]
AGNICO EAGLE ANNOUNCES AGREEMENT WITH GOLDSKY RESOURCES CORP. RELATING TO THE BARSELE PROJECT
Prnewswire· 2026-01-28 12:51
Stock Symbol:                                                     AEM (NYSE and TSX) TORONTO, Jan. 28, 2026 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle") announced today that Agnico Sweden AB ("Agnico Sweden"), a wholly-owned subsidiary of Agnico Eagle, and Goldsky Resources Corp. ("Goldsky") have entered into a share purchase agreement (the "Agreement"), pursuant to which Goldsky agreed to purchase the 55% of Gunnarn Mining AB that it did not already own from Agnico Swe ...