For some time, mining companies thought diversifying their portfolios was the best way to improve cash flow stability and protect themselves from natural resources cycles and increased volatility. That hasn’t worked, at least not as expected.
Skepticism toward central banks’ ability to stimulate the economy through extraordinary monetary policies has helped to inaugurate a new bull market for gold. We highlight one of our favorite mining stocks for aggressive investors.
Mining stocks have moved to a momentum-driven phase, a change that suggests it’s time to close positions and book profits. In the meantime, oil prices and global growth are two critical factors when considering new investments.
Skepticism toward central banks’ ability to stimulate the economy through extraordinary monetary policies has helped to inaugurate a new bull market for gold. We highlight some of our favorite mining stocks for aggressive and conservative investors.
The mining industry continues to grapple with persistent oversupplies of many base metals, depressed prices and rising costs. This recent spin-off promises a generous dividend and incremental upside from cost cutting.
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