Zijin Gold (2259 HK) 25Q3 - Updates on Forecast/Valuation and Potential Risks Behind
Zijin's strong growth in 25Q3 driven by high gold price/acquisitions. Our greatest concern is not fundamental factors but the selling caused by...
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Zhaojin Mining Industry - Bear Market Rally or Start of Long-Term, Sustainable Recovery?
This is the first in a series of reports that we plan to publish on the gold mining companies listed in various Asian stock exchanges. Zhaojin...
1.5k Views
Although Fed Pares Back Rate-Hike Path, the Outlook for Gold as an Investment Remains Weak
Last Wednesday, the Federal Open Market Committee, or FOMC, maintained the current target federal funds rate of 0.25%-0.5%.At first glance, this...
569 Views
The Safe-Haven Gold Rally Has Shaky Footing
Resurgent investor demand for gold rests on tenuous circumstances.Historically, "safe haven" rallies have proved short-lived, and we see near-term...
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Newcrest Result Declines With Prices but Meets Our Expectations, Fair Value Maintained
Adjusted first-half fiscal 2016 net profit after tax of USD 63 million was a 65% decline on a year ago but in line with our forecast.Newcrest...
297 Views