Newmont’s output soars

NEWMONT CORP., $51.36, remains a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Shares o/s: 1.1 billion; Market cap: $59.2 billion; TSINetwork Rating: Average; Dividend yield: 2.0%; www.newmont.com) reports that in the quarter ended June 30, 2024, it produced a.. Read More

Tap into rising gold prices

NEWMONT CORP. $52 is a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 1.15 billion; Market cap: $59.8 billion; Price-to-sales ratio: 3.6; Dividend yield: 1.9%; TSINetwork Rating: Average; www.newmont.com) acquired rival Newcrest Mining… Read More

Barrick lets you tap gold’s record highs

Barrick has moved up recently, along with gold prices—now hitting new all-time highs. The gains likely reflect growing belief among investors that easing inflation eliminates the need for any more interest-rate increases. That should push up investor demand for gold as the appeal of interest-bearing… Read More

Our updates will keep you on track

GREAT-WEST LIFECO, $39.95 (Toronto symbol GWO; shares outstanding: 932.4 million; Market cap: $37.3 billion; TSINetwork Rating: Above Average; Dividend yield: 5.6%; www.greatwestlifeco.com) is Canada’s second-largest life insurer, after Manulife Financial. It also offers pension and wealth management services. Power Corp. (Toronto symbol POW) owns 68.2% of the… Read More