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Zacks Market Edge Highlights: B2Gold, New Gold, Sibanye Gold, Randgold And Royal Gold

Published 07/12/2016, 09:30 PM
Updated 07/09/2023, 06:31 AM
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For Immediate Release

Chicago, IL – July 13, 2016 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here: (https://www.zacks.com/stock/news/223211/gold-mining-stocks-too-hot-to-handle )

Gold Mining Stocks: Too Hot to Handle?

Welcome to Episode #39 of the Zacks Market Edge Podcast.

Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.

In this episode, Tracey is joined by David Bartosiak, Editor of the Momentum Trader, who is Zacks’ expert on momentum stocks to discuss one of the hottest industries on the stock market this year: the gold mining stocks.

And boy, do they have momentum. Most of the individual mining stocks are up over triple digits this year.

But is it too much?

Has the rally already peaked?

Is it too late for traders to get in?

Tracey and David discuss all of these concerns.

With the price of gold rising, so are earnings estimates. Fundamentals are actually strong for these companies.

Tracey and David discuss the top picks in the sector.

These intermediate producers, B2Gold (BTG) and New Gold (NGD), are both trading under $10 per share and are Zacks Rank #1 (Strong Buy) stocks.

Take a look at the chart of New Gold year to date. Shares are up about 100%.

Other companies to consider are Sibanye Gold (SBGL) and Randgold (LON:RRS) (GOLD).

For a different take on the miners, consider Royal Gold ( RGLD). It’s not actually a miner.

It makes its money through royalties and streaming from gold mines around the world. Royal Gold actually pays a dividend. It’s also a Zacks Rank #1 (Strong Buy).

Royal Gold and B2Gold were recently Zacks Bulls of the Day because the fundamentals are strengthening.

Read the B2Gold Bull of the Day here and the Royal Gold Bull of the Day here.

What else do Tracey and David think about this crazy bull market in gold mining stocks?

Should you be in it?

Tune into this week’s podcast to find out.

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Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor of the Insider Trader and Value Investor services. You can follow her on twitter at @TraceyRyniec, and she also hosts the Zacks Market Edge Podcast on iTunes.

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.



B2GOLD CORP (BTG): Free Stock Analysis Report

NEW GOLD INC (NGD): Free Stock Analysis Report

SIBANYE GLD-ADR (SBGL): Free Stock Analysis Report

RANDGOLD RSRCS (GOLD): Free Stock Analysis Report

ROYAL GOLD INC (RGLD): Free Stock Analysis Report

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