3 Gold Stocks With Earnings That Surprised the Market
As hard as a gold-mining company may try to curtail costs, erratic swings in prices of gold can throw a wrench into efforts to grow their bottom lines. This is why, when you hear about gold companies beating Wall Street estimates during earnings season, it's important to look beyond the headlines and find out which company is truly positioning itself for a stronger future.
Three such gold stocks that recently delivered sparkling results are Goldcorp (NYSE: GG), Agnico-Eagle Mines (NYSE: AEM), and Yamana Gold (NYSE: AUY). The good news is that, aside from good numbers, each of these gold miners displayed aggressive intent to grow leaner and stronger, giving investors enough reasons to remain bullish.
I was expecting a strong Q3 report from Yamana Gold, and the gold miner didn't disappoint. Here are some key numbers to note:
Source: Fool.com
Agnico Eagle Mines Ltd Stock
Agnico Eagle Mines Ltd is currently one of the favorites of our community with 16 Buy predictions and no Sell predictions.
With a target price of 74 € there is a slightly positive potential of 4.96% for Agnico Eagle Mines Ltd compared to the current price of 70.5 €.
