Wednesday , 12 December 2018

These 5 Gold Stocks Are Up 16% (on average) Despite Market Turmoil!

“…Goldman Sachs [has] cited a slowing growth rate for the U.S. economy as a reason to be bullish on gold investments and identified gold as a good defensive asset in an uncertain market. Today, we have identified 5 TSX-listed gold mining stocks that have shown surprising stock-price appreciation this past quarter (averaging returns of more than 16%) despite the underlining market turmoil. These stocks would likely further benefit should the spot price of gold rebound.”

By Lorimer Wilson, editor of munKNEE.com – Your KEY To Making Money! 

[This article of edited excerpts* (345 words) from the original article (730 words) by SmallCapPower provides you with a 54% FASTER – and EASIER – read. This complete paragraph, and a link back to the original article, must be included in any article re-posting to avoid copyright infringement.]

These are the 5 TSX-listed gold mining stocks that have shown surprising stock-price appreciation this past quarter:

 

 

 

1. SSR Mining Inc. (TSX:SSRM, NASDAQ:SSRM) –  $14.58
Gold

SSR Mining is engaged in the operation, acquisition, exploration and development of precious metal assets across North and South America. The Company operates three production properties, three development assets, and four exploration properties

  • Market Cap: $1,753 Million
  • 3-Month Total Return: 31.1%
  • Total Revenue (Last Quarter): $148.7 Million
  • Cost of Goods Sold (Last Quarter): $120.4 Million
  • Revenue Growth (Last Quarter): 8.52%

 

 

 

2. Torex Gold Resources Inc. (TSX:TXG) – $9.88
Gold

Torex is a Canada-based gold producer operating in Mexico

  • Market Cap: $839.0 Million
  • 3-Month Total Return: 16.5%
  • Total Revenue (Last Quarter): $163.4 Million
  • Cost of Goods Sold (Last Quarter): $80.4 Million
  • Revenue Growth (Last Quarter): 25.8%

 

 

 

3. TMAC Resources Inc. (TSX:TMR) – $5.70
Gold

TMAC Resource is a gold mining company with its flagship asset, the Hope Bay Property, located on an 1,100-square kilometer property in Nunavut, Canada

  • Market Cap: $640.9 Million
  • 3-Month Total Return: 12.9%
  • Total Revenue (Last Quarter): $50.3 Million
  • Cost of Goods Sold (Last Quarter): $34.6 Million
  • Revenue Growth (Last Quarter): 127.6%

 

 

 

4. Wesdome Gold Mines Ltd. (TSX:WDO) – $3.62
Gold

Wesdome Gold Mines is a Canada-based gold producer operating in Ontario

  • Market Cap: $487.8 Million
  • 3-Month Total Return: 10.0%
  • Total Revenue (Last Quarter): $28.9 Million
  • Cost of Goods Sold (Last Quarter): $21.0 Million
  • Revenue Growth (Last Quarter): 36.6%

 

 

 

5. Dundee Precious Metals Inc. (TSX:DPM) – $3.21
Gold & Copper

Dundee Precious Metals is a Canada-based gold explorer and producer with one operating mine, one development project and four exploration projects located throughout the world

  • Market Cap: $573.0 Million
  • 3-Month Total Return: 11.5%
  • Total Revenue (Last Quarter): $134.9 Million
  • Cost of Goods Sold (Last Quarter): $90.4 Million
  • Revenue Growth (Last Quarter): 13.0%”

(*The author’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.)

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