Why Newmont, Coeur Mining, and Barrick Gold Stocks Popped Today
From Yahoo Finance: 2025-04-11 12:28:00
Investors are relieved as the market ends a turbulent week slightly in the green. China retaliates against U.S. tariffs by raising its own on American exports. Gold stocks shine with Barrick Gold, Newmont, and Coeur Mining all seeing gains. UBS predicts a bright future for gold stocks, with Barrick as a top pick.
UBS raises price targets on Barrick and Newmont, citing gold’s safe haven status in turbulent markets. Analysts are optimistic about gold stocks, with Newmont and Barrick expected to report strong earnings. Coeur Mining lags in earnings and valuation compared to its peers. Barrick emerges as a top choice due to valuation and strong free cash flow.
Considerations for investing in Barrick Gold are highlighted, with analysts predicting monster returns for top stocks. Stock Advisor’s outperformance compared to the S&P 500 is noted. Join Stock Advisor for access to the latest top 10 stock picks. Rich Smith and The Motley Fool have no positions in the stocks mentioned.
Read more: Why Newmont, Coeur Mining, and Barrick Gold Stocks Popped Today