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U.S.-listed gold miners are set to end 2025 positively, with spot gold up over 60%, marking its largest annual gain since 1979. Notable increases include Newmont (up ~174%), Barrick Mining (up ~185%), and South African miners like Gold Fields (up ~234%). Canadian miners Agnico Eagle and Kinross Gold are also on track for gains of ~119% and ~208%, respectively. However, miners' shares fell slightly premarket, and bullion slipped to $4,329.12 per ounce after reaching a record high of $4,549.71.
U.S.-listed shares of gold miners rise, tracking price of bullion premarket (GOL/) Spot gold (XAU=) up 1% at $4,374.76/ounce Prices rise as buyers of the safe-haven metal return following a brief spell of profit-takingTop miners Newmontup 1.6% and Barrick Mining (ABX.TO) gains 1.4%South African miners: Gold Fields (GFIJ.J) rises ~3%, Harmony Gold (HARJ.J) up 2.3% and Sibanye Stillwater (SSWJ.J) gains ~5%Canadian miners Agnico Eagle Mines (AEM.TO) up ~2% and Kinross Gold (K.TO) gains 1.4%
Gold Fields has soared more than 250% year-to-date. Shares were pulling back below a buy point of 47.18 on Monday.
U.S.-listed shares of gold miners fall premarket, tracking prices of the bullion (GOL/) Spot gold (XAU=) falls 1.4% to $4,465.26 an ounce, as investors booked profits and easing geopolitical tailwinds cooled the precious metal’s appeal as a safe-havenTop miners Newmontfalls 2.1% and Barrick Mining (ABX.TO) down 1.7%South African miners Gold Fields (GFIJ.J) down 1.2%, Harmony Gold (HARJ.J) falls 2% and Sibanye Stillwater (SSWJ.J) dips 4.5%
Gold Fields Limited (JSE:GFI) has a high P/E ratio of 22x, indicating strong earnings expectations compared to the South African market. The company's earnings grew impressively by 180% last year, and analysts predict a 28% annual growth over the next three years. This strong outlook justifies the elevated P/E, suggesting investors anticipate continued prosperity. However, caution is advised due to a warning sign in investment analysis.