Equity Research on Newmont Mining Corp. and Kinross Gold Corp. - Gold Companies Struggling With Costs
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 08/08/12 -- has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Gold industry and are offering free analytical research on (NYSE: NEM) and (NYSE: KGC). Register with us now to have free access to these research reports. Simply click on the link below.
Gold prices have been up and down over the last little while, as the macroeconomic climate continues to perform sporadically. Investors have also been hot and cold over gold as of late, as some have been using it as a safe haven against market turbulence while others have been leaving gold behind for companies offering high dividends. Get your free reports on and at . There is no commitment to join.
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Average gold prices for the 2nd quarter are up over last year which is good for companies such as Newmont Mining Corp. and Kinross Gold Corp. However in some cases, costs applicable to sales have increased by a substantially greater amount, which is applying pressure to company margins.
2nd quarter earnings have been mixed for several industry players. Newmont Mining had a challenging quarter, as its net income from continuing operations dropped by 47% when compared to the same period last year. Sales were down 6% year-over-year while costs applicable to sales increased. report is accessible for free by registering today at
Today Kinross will report its 2nd quarter results, but they were unavailable at the time this article was written. report is accessible for free by registering today at
The two stocks research reports are available for free by signing up now on the link below.
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