Investors consider gold and silver as safe haven investments. But the companies that produce gold and silver often offer volatile returns, creating opportunities for astute investors.
November 9, 2020
November 1, 2020
Investing In #Commodities Through #Miners & #Explorers: Expect Continued Volatile Returns
Tags:
Gold
Volatile Returns: Commodity Investing Through Miners and Explorers
October 30, 2020
@Newmont $NEM reports best quarter ever, raises dividend by 60%
Tags:
Gold
Newmont has returned more than $2.5 billion to shareholders since 2019 through dividends & share buybacks.
Aim is to return between 40% and 60% of incremental attributable free cash flow that is generated above a US$1,200 per oz. gold price.
Every $100 above $1200/oz. represents $400 Million in FCF/year.
With the 60% increase in dividends, NEM currently yields 2.7%!
Guidance for the year remains unchanged at roughly 6 million oz. gold at an AISC of $1,015 per oz. (and 1 million gold-equivalent oz. from co-products).
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