With their businesses suddenly less profitable, miners have been falling over themselves to cut costs. As well cutting capital expenditure – the money they spend on upgrading mines and developing When a major broker downgrades a stock and it loses institutional support and its fund managers sell off the stock, a stock’s price can drop. Good News for Competitors. When something good happens to a company’s competitor, the former company can actually lose share price. Gold stocks can cover mining, production and exploration -- and typically -- have a levered effect when reacting to the price of gold (this means they are more volatile investments). As part of her ongoing coverage of gold and precious metals, Alix Steel frequently analyzes gold stocks in her daily gold brief. Although two-thirds of the ASX’s 100-or-so lithium stocks are ahead for the past 12 months, the majority have lost ground since January. (See our table below). This week investment bank Goldman Sachs called the lithium sell-off “overdone” and said investors shouldn’t worry too much about a possible flood of supply that will most likely not eventuate.
27 Dec 2018 Metals and mining stocks. Stock markets have seen a selling spree this month. The sell-off that began at the beginning of the fourth quarter The latest metals and mining industry news from MarketWatch. Do you still hear people say coronavirus is just like the flu? They're wrong Stocks will face ' long road' back to the highs when bear market bottoms, says analyst who called 2018 swoon Gold falls for a second session to mark lowest finish in over a week. 6 days ago NEW DELHI: Mining stocks were trading in the red in Thursday's afternoon session. Shares of Gujarat Mineral Development Corporation (down 5 Mar 2020 Should gold stocks be on your buy list as the spot gold price nears a The price of gold slumped as much as 5% on Friday, the biggest fall since 2013. Investing in gold stocks or a gold-mining ETF is, to a large extent,
The latest metals and mining industry news from MarketWatch. Do you still hear people say coronavirus is just like the flu? They're wrong Stocks will face ' long road' back to the highs when bear market bottoms, says analyst who called 2018 swoon Gold falls for a second session to mark lowest finish in over a week. 6 days ago NEW DELHI: Mining stocks were trading in the red in Thursday's afternoon session. Shares of Gujarat Mineral Development Corporation (down
10 Feb 2020 Australian shares fell on Monday, dragged by energy and mining Financial stocks were weighed by declines in all the "Big Four" banks.
Why the disconnect between lithium stocks and underlying industry demand? Mostly, experts in the field forecast an overabundance of supply due to mining companies ramping-up production.