2 Gold Mining Stocks Poised to Shine Bright After That Correction
Corroborated by 3 sources from 3 publishers
TL;DR
Reports differ across sources; according to finance.yahoo.com, quick Read - VanEck Gold Miners ETF (GDX), AngloGold Ashanti (AU), and Gold Fields (GFI) have declined 30%, 33%, and 35% respectively as gold enters a bear market, though miners could multiply gains once gold turns a corner given their low valuations (AU at 16.5x trailing P/E, GFI at 10.2x trailing P/E) and operating leverage.
Sources
1
Investing.com News
https://www.investing.com/news/commodities-news/gold-prices-rise-as-trump-signals-progress-in-iran-talks-set-for-weekly-loss-4584081
2
Dow Jones Markets Main
https://www.wsj.com/finance/commodities-futures/gold-rises-amid-signs-of-easing-middle-east-tensions-eb4d0651?mod=rss_markets_main
3
Yahoo Finance News
https://finance.yahoo.com/markets/options/articles/10-000-gold-threat-ultra-135026759.html
4
Yahoo Finance News
https://finance.yahoo.com/markets/commodities/articles/2-gold-mining-stocks-poised-141746089.html