Gold Stocks and ETF's to watch! Gold moved follow
Post# of 823
(Total Views: 79)
Posted On: 07/17/2017 9:26:17 AM
Gold Stocks and ETF's to watch!
Gold moved following the release of weak U.S. inflation and retail sales data.
The VanEck Vectors Gold Miners ETF (GDX) closed Friday at 21.83 up 0.33 (1.53%). Juniors got a bump as well and the VanEck Vectors Junior Gold Miners ETF (GDXJ) closed at 32.38, up 0.49 (1.54%). The SPDR Gold Shares (GLD) also realized gains for the day closing at 116.79, up 0.97 (0.84%).
Pershing Gold Corporation (NASDAQ
GLC), (TSX: PGLC), (FWB: 7PG1) had trading ranging on Friday from $2.72 to a high of $2.81 on NASDAQ and closed at $3.53, up 0.03 (0.86 %) on the TSX. The company recently released a Preliminary Feasibility Study (PFS) on the company's Relief Canyon Mine. Highlights from the PFS include a pre-tax net present value ("NPV"
of $144.6 million, an internal rate of return ("IRR" of 89% and Net Cash Flow of $192.7 million. This NPV, IRR and Net Cash Flow assume pre-tax economics using $1,250 per ounce ("/oz" of gold ("Au", $16.75/oz of silver ("Ag" and a 5% discount rate.
Gold moved following the release of weak U.S. inflation and retail sales data.
The VanEck Vectors Gold Miners ETF (GDX) closed Friday at 21.83 up 0.33 (1.53%). Juniors got a bump as well and the VanEck Vectors Junior Gold Miners ETF (GDXJ) closed at 32.38, up 0.49 (1.54%). The SPDR Gold Shares (GLD) also realized gains for the day closing at 116.79, up 0.97 (0.84%).
Pershing Gold Corporation (NASDAQ
GLC), (TSX: PGLC), (FWB: 7PG1) had trading ranging on Friday from $2.72 to a high of $2.81 on NASDAQ and closed at $3.53, up 0.03 (0.86 %) on the TSX. The company recently released a Preliminary Feasibility Study (PFS) on the company's Relief Canyon Mine. Highlights from the PFS include a pre-tax net present value ("NPV" of $144.6 million, an internal rate of return ("IRR" of 89% and Net Cash Flow of $192.7 million. This NPV, IRR and Net Cash Flow assume pre-tax economics using $1,250 per ounce ("/oz" of gold ("Au", $16.75/oz of silver ("Ag" and a 5% discount rate.
(0)
(0)Pershing Gold Corporation (PGLC) Stock Research Links
Scroll down for more posts ▼