14 Gold Stocks With Strong Production

www.investing.com/analysis/14-gold-stocks-with-strong-production-213614

By Sean Mason, SmallCapPower.com | May 21, 2014 01:50PM ET

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According to World Gold Council, global Gold demand remained steady at 1,074 tonnes in first quarter of 2014 compared with 1,077 tonnes in Q1 of 2013 due to weaker demand from China and India. However, the total value of gold demand fell to $44.7 billion, down from $56.5 billion due to a 21% drop in gold price to an average of $1,293 per ounce from $1,632 per ounce in 1Q’13. Modest growth in jewellery outweighed minor reductions in technology demand and central bank purchases. Demand in jewellery increased 3% to 571 tonnes ($23.7billion), while central banks bought 122 tonnes of gold during the quarter. First quarter gold demand for investment was 282.3 tonnes, down 2% over the same quarter last year. Global mining production was up 6% to 721 tonnes.

Today we have shortlisted 14 gold producing stocks that have registered strong production during 2013 as well as its latest reported quarter. We note that these stocks have recorded strong EBITDAX margin with significant cash flow from operations during 2013. Moreover, the majority of these stocks have registered significant growth in production during 2013 and its recently reported quarter. Additionally, a majority of these stocks have accumulated significant gains during the year-to-date period with 3-month average trading volume in excess of 100,000.

The Gold Stocks

Company Description:

Centerra Gold Inc. (TO:CG)
Centerra Gold Inc, acquires, explores, develops, and operates gold properties primarily in Central Asia, the former Soviet Union, and other emerging markets. The company currently operates the Kumtor mine in the Kyrgyz Republic and the Boroo mine in Mongolia.

Alacer Gold Corp. (TO:ASR)
Alacer Gold Corporation explores for gold. The company operates in Turkey.

Argonaut Gold Inc. (TO:AR)
Argonaut Gold, Inc. explores for gold. The company owns the operating El Castillo mine, the San Antonio development stage project and advanced stage exploration properties including: La Fortuna and La Colorada.

Primero Mining Corp (TO:P)
Primero Mining Corporation is a gold and silver producer. The company focuses on building a precious metals portfolio in the Americas.

Coeur Mining Inc (NYSE:CDE)
Coeur Mining, Inc., through its subsidiaries, explores, develops, operates, and/or owns silver and gold mining properties and companies. The company's properties are located primarily in the United States, Australia, and South America.

Royal Gold Inc (NASDAQ:RGLD)
Royal Gold, Inc. acquires and manages precious metals royalties. The company seeks to acquire existing royalties or to finance projects that are in production or near production in exchange for royalty interests. Royal Gold Inc.'s gold-focused portfolio contains royalties ranging from those in production and development to those in the evaluation and exploration stages.

St Andrew Goldfields Ltd. (TO:SAS)
St. Andrew Goldfields Limited is a gold mining and exploration company located in the Timmins Camp, with current and near-term production, and advanced stage exploration targets.

IAMGold Corporation (TO:IMG)
IAMGOLD Corporation is a mid-tier gold mining company. The company is focused in West Africa, the Guiana Shield of South America and in Quebec where it has a pipeline of development and exploration projects.

Gold Resource Corporation (AMEX:GORO)
Gold Resource Corporation explores for gold and other precious metals. The company currently holds interest in properties in Mexico.

New Gold Inc. (AMEX:NGD)
New Gold Inc. is a natural resource company. The company acquires, explores, and develops gold properties.

Alamos Gold Inc. (NYSE:AGI)
Alamos Gold Inc. acquires, explores, develops and produces gold. The company has exploration and development activities in parts of Mexico and Turkey.

Kirkland Lake Gold Inc. (TO:KGI)
Kirkland Lake Gold, Inc. is an operating gold mining company located in Ontario, Canada. The company owns the Macassa Mine and mill and several contiguous gold producing properties. Kirkland Lake is developing a lode gold deposit.

San Gold Corporation (TO:SGR)
San Gold Corporation explores and develops mineral properties. The company is focusing on the development of its gold mine located in Manitoba, Canada.

AuRico Gold Inc. (NYSE:AUQ)
AuRico Gold Inc. is a Canadian gold producer with mines and projects in North America that have solid production growth and exploration potential. The company is focused on its core operations including the Young-Davidson gold mine in northern Ontario and the El Chanate mine in Sonora State, Mexico. AuRico's project pipeline also includes development opportunities in Canada and Mexico.

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Central Banks

Interest Rates

Next Meeting

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1.75%

Jul 27, 2022

ECB

0.00%

Jul 21, 2022

BOE

1.25%

Aug 04, 2022

SNB

-0.25%

Sep 22, 2022

RBA

0.85%

Jul 05, 2022

BOC

1.50%

Jul 13, 2022

RBNZ

2.00%

Jul 13, 2022

BOJ

-0.10%

Jul 21, 2022

CBR

9.50%

Jul 22, 2022

RBI

4.90%

Aug 04, 2022

PBOC

3.70%

BCB

13.25%

Aug 03, 2022

US 30	31,078.0	+302.6	+0.98%
US 500	3,824.4	+39.0	+1.03%
Dow Jones	31,097.26	+321.83	+1.05%
S&P 500	3,825.33	+39.95	+1.06%
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S&P 500 VIX	26.70	-2.01	-7.00%
Dollar Index	104.880	+0.416	+0.40%

Crude Oil WTI	108.46	+2.70	+2.55%
Brent Oil	111.48	+2.45	+2.25%
Natural Gas	5.620	+0.196	+3.61%
Gold	1,812.90	+5.60	+0.31%
Silver	19.823	-0.529	-2.60%
Copper	3.6138	-0.0962	-2.59%
US Soybeans	1,510.50	-48.50	-3.11%

SPDR S&P 500	381.24	+3.99	+1.06%
iShares Russell 2000	171.41	+2.05	+1.21%
Invesco QQQ Trust	282.13	+1.85	+0.66%
Direxion Daily Junior Gold Miners Bull 2X Shares	35.44	+1.98	+5.92%
iShares Silver	18.31	-0.33	-1.77%
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ProShares UltraPro QQQ	24.39	+0.39	+1.62%

Apple	138.93	+2.21	+1.62%
Alphabet A	2,174.75	-4.51	-0.21%
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Netflix	179.95	+5.08	+2.90%
Meta Platforms	160.03	-1.22	-0.76%
Bank of America	31.56	+0.43	+1.38%

14 Gold Stocks With Strong Production

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