SGDM - Gold Mid-Tiers' Q3'19 Fundamentals
The mid-tier gold miners just reported their results for a phenomenal gold quarter. In Q3’19, this metal surged after its first bull-market breakout in years, driving much-higher prevailing prices. That should’ve led to soaring profits for these mid-tiers in the sweet spot for stock-price upside potential. Last quarter’s results are the most important this sector has seen in a long time, a key fundamental test for gold miners.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Required by the US Securities and Exchange Commission, these