Gold

BMO reiterated its Outperform rating on New Gold (NYSE: NGD). At the same time, the rating agency left its price target on the company's stock unchanged at $15. On Wednesday, NGD added 1.46% to its value to finish the day at $11.13. Its shares lost some of yesterday's gains in today's pre-market...

This morning, there are less and less new 52 week highs on the New York Stock Exchange. When the new 52 week high list shrinks it tells us that the major stock indexes are coming under institutional selling pressure. The stocks that are making new 52 week highs include Clean Harbors Inc.(NYSE: CLH...

Scotia Capital has a Sector Outperform rating and a $21.50 price target on shares of Eldorado Gold Corporation (NYSE: EGO). In a note to clients, Scotia Capital writes, "ELD tightened its guidance to 700-725 koz (cons) at cash costs of $390-$410/oz (no royalties) from 715-770 koz (cons) at cash...

Juniper Networks Inc (NYSE: JNPR) rose 3.69% to $23.60 in the pre-market session. JNPR's PEG ratio is 1.02. Wynn Resorts Limited (NASDAQ: WYNN) added 1.31% to $148.76 in the pre-market session. Macau posted a 48.4% surge in July gambling revenue. Chesapeake Energy Corporation (NYSE: CHK) moved up...

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...

This morning, the gold mining stocks are trading slightly higher on the trading session. The popular Market Vectors Gold Miners ETF (NYSE: GDX) is trading higher by 0.56 cents to $57.90 a share. Recently, the GDX rolled over on the daily chart after trading as high as $61.71 a share on July 25,...

Scotia Capital is out with a research report on Barrick Gold Corporation (NYSE: ABX) and is lowering its price target to Sector Perform, and is lowering its price target to $59 from $60. In a note to clients, Scotia Capital writes, "Gold production came in at 1.98 Moz at total cash costs of $445/...

Scotia Capital is out with a research report on Agnico-Eagle Mines Limited (NYSE: AEM) and it has a Sector Perform and $80 price target after it reported earnings. In a note to clients, Scotia Capital writes, "Gold production of 239 koz at total cash costs of $565/oz vs. our estimate of 238 koz at...

JP Morgan has published a research report on MetroPCS (NYSE: PCS) after the company reported a weaker than expected quarter. In the report, JP Morgan writes, "Metro's 2Q11 net adds came at 199k vs. our 225k and consensus 254k (SA) – we believe buy-side expectations were higher. Upgrade rate looks...

Northgate Minerals Corporation (NYSE: NXG) announces positive results from the NI 43-101 Preliminary Assessment Report for its 100% owned Kemess Underground Project located in north-central British Columbia, approximately five kilometres from the Kemess South mine. The results from the...

JP Morgan has lowered the price target on Newmont Mining (NYSE: NEM) from $89 to $84 and maintains its Overweight rating.

The Yen and Franc tumbled while the Aussie soared after lawmakers struck a deal to raise the US debt limit, but ISM manufacturing data will test the bulls' resolve. Talking Points Japanese Yen, Swiss Franc Sold as US Leaders Strike Debt Deal US Dollar Torn Between Sentiment Trends,...

The dollar and underlying risk trends ended the week under extraordinary duress – as they should. The deficit impasse that the markets have been ringing their hands over for the past few weeks is now heading into the final stretch with two days of market down-time to shorten the trading calendar...

Quantum (NYSE: QTM) is trading down 11% after being cut to Neutral by Sterne Agee. Netgear (NASDAQ: NTGR) is trading down over 9% after quarterly results yesterday. Ancestry.com (NASDAQ: ACOM) is trading down over 7% after reporting earnings yesterday. Arch Coal (NYSE: ACI) is trading down over 7%...

Newmont Mining (NEM): Q2 EPS of $0.90 misses by $0.09. Revenue of $2.40B (+10.7% Y/Y) misses by $110M. Calpine (CPN): Q2 EPS of -$0.14 misses by $0.15. Revenue of $1.63B (+14% Y/Y) beats by $180M. Aon Corporation (AON): Q2 EPS [...]