Gold Stocks a Perfect Hedge
May 22, 2019 -- InvestorsHub NewsWire -- via
microcapspeculators.com --
A little exposure to gold can help your portfolio.
One way to get that exposure is via mining companies, whose results
are heavily tied to the metal’s price but can also stand out from
one another based on their management, operational efficiency and
economies of scale.
Moreover, gold and gold stocks remain a hedge against market,
economic and geopolitical turmoil here and abroad. Choose
your catalyst: failure to reach a trade deal with China,
saber-rattling on the Korean peninsula, a no-deal Brexit, new
Russian incursions.
One under the radar gold company worth your time,
Inception Mining, Inc (USOTC:
IMII), owns and operates a producing mine with the
capacity to produce 1000 tons per day. The company’s 2018
revenues were up 9% and are on pace to be up even higher in
2019. IMII recently released a report on the mine, so now may
be the time to dig in.
The 5 Gold Stocks we are highlighting: Inception
Mining, Inc. (USOTC:
IMII), Gold Resource Corporation (GORO), Eldorado Gold
Corporation (NYSE:
EGO), Royal Gold Corporation (NASDAQ:
RGLD) and Coeur Mining, Inc. (NYSE:
CDE).
Inception Mining, Inc. (USOTC:
IMII) (Market Cap: $15.001M; Share Price:
$0.262) announced in March that the company has
completed a National Instrument 43-101 Technical Report that
includes an estimate on its Clavo Rico Project, located in El
Corpus, Departamento Choluteca, Honduras. The Technical
Report can be found on the Company’s website at http://inceptionmining.com/clavorico/43-101-report/.
Highlights of the Report include:
- Economic mineralization at Clavo Rico is contained in three
distinct zones, including an oxide zone, a supergene enrichment
zone, and a sulfide zone.
- Data on 96 recent and historic drill holes totaling 6264 meters
of drill core yielding 2552 assays together with 827 channel
samples collected from historic adits.
- Data on an oxide zone. The oxide zone has been producing since
2015.
- Data on a sulfide zone that was calculated using two different
modeling techniques to reflect geologic uncertainties:
- Data of the supergene enrichment zone
- The conceptual geologic model, supported by field mapping,
production records and both recent and historic drill programs
suggests that significant potential exists to increase the known
mineral resource with additional drilling.
Inception Mining is a producing gold mining company engaged in
the identification, exploration, acquisition and development of
mineral properties. IMII owns and operates the Clavo Rico
mine. In addition, the company also holds the UP &
Burlington mine.
________
Gold Resource Corporation (GORO) (Market Cap:
$189.104M; Share Price: $3.03) recently declared its
monthly instituted dividend of 1/6 of a cent per common share for
March 2019 payable on April 23, 2019 to shareholders of record as
of April 11, 2019. Gold Resource Corporation is a gold and
silver producer, developer and explorer with operations in Oaxaca,
Mexico and Nevada, USA. The company has returned $111 million
to its shareholders in monthly dividends since commercial
production commenced July 1, 2010 and offered the shareholders the
option to convert their cash dividends and take delivery in
physical gold and silver.
Gold Resource Corporation explores for, develops, produces, and
sells gold and silver in Mexico and the United States. It
also explores for copper, lead, and zinc. The company's
flagship property is the Aguila project comprising 18 mining
concessions aggregating approximately 25,264 hectares located in
the State of Oaxaca, Mexico. Gold Resource Corporation was
founded in 1998 and is headquartered in Colorado Springs,
Colorado.
________
Eldorado Gold Corporation (NYSE:
EGO) (Market Cap: $555.044M; Share Price:
$3.44) recently announced that its’ 2018 Production
was ahead of plan, with 349,147 ounces of gold, exceeding the
original 2018 guidance of 290,000 – 330,000 ounces, and far more
than their 2017 output 292,971 ounces. Gold revenue from
continuing operations was $386.0 million (2017: $333.3 million) on
sales of 304,256 ounces of gold at an average realized gold price
of $1,269 per ounce (2017: 264,080 ounces at $1,262 per
ounce).
________
Royal Gold Corporation (NASDAQ:
RGLD) (Market Cap: $5.533B; Share Price:
$84.45) posted an adjusted earnings per share of 36
cents in second-quarter fiscal 2019, which ended Dec 31, 2018. This
beat the Zacks Consensus Estimate by a penny. Prior-year
quarter reported a loss per share of 23 cents by the company.
Since the last earnings report for Royal Gold, shares have added
about 2.3%, outperforming the S&P 500.
________
Toroso Investments LLC, an institutional investor, has acquired
184,836 shares in Coeur Mining, Inc. (NYSE:
CDE) (Market Cap: $605.036M; Share Price:
$2.95) in the 4th quarter, according to its most
recent Form 13F filing with the SEC. The stock is valued at
approximately $826,000. Coeur Mining, Inc. explores for,
develops, and produces gold, silver, zinc, and lead properties, and
for the quarter ending in Dec-18 Coeur Mining, Inc. generated $0.14
billion in sales.
Legal Disclaimer:
This article was written by Regal Consulting, LLC (“Regal
Consulting”). Regal Consulting has agreed to a three-month
term consulting agreement with IMII signed 02/12/2019. The
agreement calls for $25,000 in cash and 10,000 restricted shares of
IMII per month. All payments were made directly by Inception
Mining, Inc. to Regal Consulting, LLC to provide investor relations
services, of which this article is a part of. Regal
Consulting also paid one thousand dollars cash to
microcapspeculators.com to distribute this article. Regal
Consulting may have a position in the securities mentioned in this
article at the time of publication, and may increase or decrease
its position without notice. This article is based on public
information and the opinions of Regal Consulting. IMII was given an
opportunity to edit this article. This article contains
forward-looking statements that are subject to certain risks and
uncertainties that could cause actual results to differ materially
from any results predicted herein. Regal Consulting is not
registered with any financial or securities regulatory authority,
and does not provide or claim to provide investment advice.
http://www.regalconsultingllc.com/full
legal disclaimer/
Full Legal Disclaimer Click Here.
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