And investor interest in commodity-related stocks like Silver Wheaton (SLW) and Newmont Mining (NEM) has swelled.
But there is one that could provide an extra boost: Newmont Mining (NYSE:NEM).
But investors should still focus on the top-quality operators like Newmont Mining (NYSE:NEM) and Barrick Gold (NYSE:ABX).
Below is a three month price history chart comparing the stock performance of NEM, versus ABX and GG.
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Participate by owning U.S. gold miner Newmont Mining (nyse: NEM - news - people ).
Below is a three month price history chart comparing the stock performance of GG, versus ABX and NEM.
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Below is a three month price history chart comparing the stock performance of ABX, versus GG and NEM.
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Though NEM dropped well below the 2011 lows in May, the weekly OBV formed higher lows (line f).
Tickers of interest include SLW, AEM, NEM, ABX, GG, SSRI, CDE, AG, HL, GDX, GDXJ, ZSL, SLV, and GLD.
Newmont Mining ( NEM) saw earnings grow 31%, 25%, 30% and 43% in each of the past four years.
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Top holdings include Barrick Gold (NYSE: ABX), Goldcorp (NYSE: GG), Newmont Mining (NYSE: NEM) and AngoloGold Ashanti (NYSE: AU).
There has been big action in GLD, GDX, NEM, HL, GG and others.
Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on NEM is its dividend history.
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Another big cap name to watch is Newmont Mining ( NEM), a Colorado-based gold mining company with operations around the world.
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Companies like Silver Wheaton ( SLW) and Newmont Mining ( NEM) have done very well this year, capitalizing on the strong commodity prices.
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Basically, if you want to play gold stocks, there are many good companies to choose from like Newmont Mining (NYSE:NEM) or Barrick Gold (NYSE:ABX).
The NEM charts are scarily bearish: on the daily it continues to trade below both significant moving averages with the 50-day now trending down below the 200-day.
Among the largest underlying components of IYM, in trading today Newmont Mining Corporation ( NEM) is up about 0.8%, and Peabody Energy Corporation ( BTU) is up by about 1.4%.
This configuration indicates that NEM should be the laggard.
Newmont Mining ( NYSE:NEM) the all-around go-to company for investors looking to make a basic bet on the gold mining industry is the one that just keeps going down.
Main components of the fund include Barrick Gold Corp ( ABX), Goldcorp ( GG), Newmont Mining Corp ( NEM) and Silver Wheaton Corp ( SLW), all of which sustained substantial losses on Tuesday.
According to the ETF Finder at ETF Channel, NEM makes up 8.98% of the iShares MSCI Global Gold Miners Fund ETF (RING)which is trading lower by about 0.8% on the day Thursday.
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We believe it should be more closely correlated to gold prices, but has performed poorly despite strong growth in both earnings and revenue (five year return of NEM 48% compared to GLD 187%).
According to the ETF Finder at ETF Channel, NEM makes up 9.76% of the iShares MSCI Global Gold Miners Fund ETF ( AMEX: RING )which is trading relatively unchanged on the day Thursday.
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The paper notes the success of numerous policies California has implemented to promote distributed generation, including the California Solar Initiative (CSI), net energy metering (NEM), the renewable auction mechanism (RAM), and the Self-Generation Incentive Program.
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The biggest bargains in my book include health care provider Aetna (AET), energy concern Baker Hughes (BHI), semiconductor titan Intel (INTC), gold mining giant Newmont Mining (NEM) and railroad operator Norfolk Southern (NSC).
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McEwen says the Cortez Trend may resemble the nearby Carlin Trend, where companies like Barrick and Newmont Mining (nyse: NEM - news - people ) Corp. have over the years mined millions of ounces of gold.
Among the largest underlying components of GDX, in trading today Barrick Gold Corp. ( NYSE: ABX) is down about 0.1%, Goldcorp Inc ( NYSE: GG) is down about 0.8%, and Newmont Mining Corp. ( NYSE: NEM) is lower by about 0.6%.
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