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10/27/16

Majors in earnings week: And the winner is...

...Barrick (ABX). So far.

Comparing the U$10Bn+ market cap majors to last weekend's closing prices:

  • The main precious metals miners' ETF (GDX) is down 2.92%
  • Goldcorp is down 3.35%
  • Newmont is down 4.02%
  • Franco Nevada is down 3.8%
  • Agnico Eagle is down 1.24%

But Barrick (ABX) is up by 0.59%. Hardly a king's ransom, but better than the rest.