Gold Mining Stocks

[Sean K]

Shows giant Newmont's fall from grace and the long roads back.

​

Newmont​

NEM​

​ ​ Share Price​ 7 Day​ 1 Year​ ​ 47.40​ -0.5%​ -34.9%​ First quarter 2023 earnings: EPS exceeds analyst expectations​ First quarter 2023 results:​ EPS: US$0.43 (down from US$0.55 in 1Q 2022). Revenue: US$2.68b (down 11% from 1Q 2022). Net income: US$339.0m (down 22% from 1Q 2022). Profit margin: 13% (down from 14% in 1Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 87%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Metals and Mining industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.​ ​

I won't be keeping my NEM shares very long once they've gobbled up NCM.

 

[Telamelo]

KAU @0.205 +5.13% market depth looks bullish as buyer's outnumber seller's ratio 4:1 .. dyor

 

[Telamelo]

Goldie BC8 @0.45 +4.65% (resuming 'next leg up' imo).. imminent 'resource upgrade' news due in a few week's time .. dyor

 

[Telamelo]

KAU @0.205 +5.13% market depth looks bullish as buyer's outnumber seller's ratio 4:1 .. dyor

KAU now @ 0.215 +10.26% (finally waking up it seems lol)

 

[Telamelo]

Goldie BC8 @0.45 +4.65% (resuming 'next leg up' imo).. imminent 'resource upgrade' news due in a few week's time .. dyor

BC8 impressive very high grade Gold!

 

[Telamelo]

Some Aussie Gold producers are adding hedges as high as $3,200/oz as was reported in a stockhead newsletter article earlier today

P.S. Seems to suggest/indicate that higher Gold prices are likely to occur during 2023/24 according to some of these Aussie Gold producers (namely NST, SLR, RMS etc.)

 

[Telamelo]

BC8 looks bullish @ 0.465 +4.49% on decent volume/momentum already
dyor

 

[Telamelo]

BC8 bullish technicals aligning with improving fundamentals after every announcement suggests to me 0.54c+ likely from here imo .. dyor

 

[Telamelo]

BC8 bullish technicals aligning with improving fundamentals after every announcement suggests to me 0.54c+ likely from here imo .. dyor

View attachment 156590

@finicky heads up BC8 now @ 0.50 +6.38%

 

[finicky]

Yep looking not bad; I thought it'd pull back before now. At a resistance level that looks like it might go? Then 55c. Must be time to raise capital, snicker.

Held

DAILY

 

[finicky]

Um .. @Telamelo hadn't noticed that this is on the 'gold mining stocks' thread would be better placed in the BC8 thread as BC8 is swamping a thread intended for all gold stocks.

 

[Garpal Gumnut]

Any ASF members have a list of single deposit medium to decent size Gold stocks listed on the ASX ?

gg

 

[Sean K]

Any ASF members have a list of single deposit medium to decent size Gold stocks listed on the ASX ?

gg

Nope. I did have a very long list of gold companies on a spreadsheet years ago that I kept updated on ASF. That was back in the mid noughties though. We're getting old gg.

 

[mullokintyre]

Any ASF members have a list of single deposit medium to decent size Gold stocks listed on the ASX ?

gg

Mining news has a list of the Gold stocks on ASX
But you would need to go and analyse each one to find the criteria you want.
Mick

 

[Telamelo]

Any ASF members have a list of single deposit medium to decent size Gold stocks listed on the ASX ?

gg

I've got a Gold stock watchlist with over 300+ stocks.. I'll see if there's any way I may be able to export it to excel as a spreadsheet etc. (if so, will post/share it here)

 

[rcw1]

Any ASF members have a list of single deposit medium to decent size Gold stocks listed on the ASX ?

gg

Good afternoon @Garpal Gumnut
Hoping to find you well, fellow northerner:

ALK - Tomingley (Holding);
CMM - Karlawinda (Holding); and
KAU - A 1 Mine (Holding) - Kaiser completed a Share placement to raise $0.9 million (before costs) which was announced in April 2023.

rcw1 likes gold.
Gold is good.
Due diligence applied may reveal a different view, each to our own really.

Have a great week.

Kind regards
rcw1

 

[Telamelo]

I

Good afternoon @Garpal Gumnut
Hoping to find you well, fellow northerner:

ALK - Tomingley (Holding);
CMM - Karlawinda (Holding); and
KAU - A 1 Mine (Holding) - Kaiser completed a Share placement to raise $0.9 million (before costs) which was announced in April 2023.

rcw1 likes gold.
Gold is good.
Due diligence applied may reveal a different view, each to our own really.

Have a great week.

Kind regards
rcw1

I'd add BC8 to above list as well (disclosure perhaps a little biased since held) dyor

 

[rcw1]

I'd add BC8 to above list as well (disclosure perhaps a little biased since held) dyor

@Telamelo rcw1 was just a testing …. Ha ha ha ha ????

Kind regards
rcw1

 

[Captain_Chaza]

I prefer LITHIUM stocks than GOLD stocks
The Proof is in the Pudding
I dare you to watch my Lithium Shares Go! and Go ! and Go FURTHER NORTH than your GOLD shares
My Lithium stocks have all been documented on ASF ( mostly on the "Storm at Sea" thread)

Salute and Gods' speed

PS : I would name them all but Nobody Loves a Winner

Words are Cheap !
Only Charts Tell the Truth!

 

[Sean K]

I prefer LITHIUM stocks than GOLD stocks
The Proof is in the Pudding
I dare you to watch my Lithium Shares Go! and Go ! and Go FURTHER NORTH than your GOLD shares
My Lithium stocks have all been documented on ASF ( mostly on the "Storm at Sea" thread)

Salute and Gods' speed
View attachment 156820
PS : I would name them all but Nobody Loves a Winner

Lithium is yesterday's metal.

We've seen this show before.

Conditions have been brewing for PMs to explode. It's almost too late to get on the rocket train to the Moon.

Or, us gold bulls are wrong....

Fair winds and following seas good Captain.