April 01, 2021 at 12:23 PM EDT Top Mining Stocks To Watch Throughout history, mining stocks have generally moved with the price of materials and metals. To this day, this still seems to be the case. Yet, at the same time, various things impact the price of mining stocks that were not there in the past. For example, take a look at the COVID-19 pandemic. In 2020 the pandemic caused many mining stocks to soar to new record highs in the market. The resulting things of the pandemic are a hurt economy and high unemployment. The U.S. Labor Department continues to release new unemployment reports every week, and even when numbers are falling, they are still very high up there. The market for mining stocks is very volatile at the moment. Some analysts think that precious metals like gold and silver could potentially reach new highs in 2021. On the other hand, some analysts think this is the end of the metal rally. What we do know is that there are still plenty of mining stocks making gain
Stocks Skyrockets on Unusual Volume: Harmony Gold Mining Company (NYSE:HMY), Potash Corporation of Saskatchewan (NYSE:POT)
streetwisereport.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetwisereport.com Daily Mail and Mail on Sunday newspapers.
HMY: Buy These 2 Undervalued Gold Mining Stocks Now
stocknews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stocknews.com Daily Mail and Mail on Sunday newspapers.
4 Stocks Under $5 With Strong Growth Potential
HMY – Many penny stocks hold solid upside potential, but they come with higher risk. Hence, one must be judicious when betting on such stocks. With this in mind, we believe the strong growth attributes of Harmony Gold Mining Company (HMY), VAALCO Energy (EGY), Stealth Gas (GASS), and Blueknight Energy Partners (BKEP) may help them deliver significant returns in the coming months. Read on for some details.
Mar 9, 2021
As a result of the stock market’s impressive rally over the past year, most stocks are now overpriced or trading at high valuations. In this scenario, it is very difficult to find stocks trading below $5 that still have plenty of upside.
3 Gold Stocks to Buy Despite Gold Prices Hitting 10-Month Low Zacks.com 3/9/2021
Gold futures for April 2021 delivery declined to a nine-month low of $1,673.30 per ounce on Mar 8. The yellow metal has lost 11% of its value so far this year due to an uptrend in the U.S dollar and treasury yields. Vaccine rollouts and strong optimism over economic recovery have also dulled its lustre.
Popular Searches
Gold prices dropped 6.5% in February the largest monthly decline in four years. Per the last available data from World Gold Council, Gold exchange-traded funds (ETF) lost 84.7 tons (outflow of $4.6 billion) in February. This marked outflows for the third time in four months, and the seventh worst monthly holdings loss historically. Global assets under management (AUM) now stand at 3,681 tons ($207 billion) levels last seen in June 2020.