TMCNet:  Barrick Gold has the Highest Earnings Yield in the Gold Industry (ABX, BVN, NEM, KGC, GG)

[January 27, 2013]

Barrick Gold has the Highest Earnings Yield in the Gold Industry (ABX, BVN, NEM, KGC, GG)

Jan 27, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Gold industry with the highest earnings yields. Earnings yield is useful to compare the relative benefit of owning a stock vs. owning other yield assets such as bonds. If the earnings yield is higher, stocks may be considered undervalued.Barrick Gold ranks highest with a an earnings yield of 11.2%. Following is Cia de Minas Buenaventura with a an earnings yield of 9.7%. Newmont Mining ranks third highest with a an earnings yield of 8.4%.


Kinross Gold follows with a an earnings yield of 8.3%, and Goldcorp rounds out the top five with a an earnings yield of 5.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Goldcorp on October 15th, 2012 by issuing a Downtrend alert when the shares were trading at $43.06. Since that call, shares of Goldcorp have fallen 17.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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