{"id":360229,"date":"2010-02-24T15:08:49","date_gmt":"2010-02-24T20:08:49","guid":{"rendered":"http:\/\/www.businessinsider.com\/you-thought-gold-was-looking-ugly-gold-miners-are-trading-at-levels-not-seen-in-years-2010-2"},"modified":"2010-02-24T15:08:49","modified_gmt":"2010-02-24T20:08:49","slug":"you-thought-gold-was-looking-ugly-gold-miners-are-trading-at-levels-not-seen-in-years","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/360229","title":{"rendered":"You Thought Gold Was Looking Ugly? Gold Miners Are Trading At Levels Not Seen In Years"},"content":{"rendered":"<p>Gold has been kind of a dog lately, but if you want to see ugly, check out the companies whose job it is to pull it out of the ground.<\/p>\n<p>Here&#8217;s <a href=\"http:\/\/www.mineweb.com\/mineweb\/view\/mineweb\/en\/page33?oid=99573&amp;sn=Detail\">MineWeb<\/a> with the report:<\/p>\n<p style=\"padding-left: 30px;\">Measured on a 12-month rolling basis, listed gold stocks are on average trading at levels seen a year ago. Looking at NYSE prices, <span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.barrick.com\/\" >Barrick<\/a><\/span>, the world&#8217;s biggest gold miner on a number of metrics, is trading around USD 37.00 a share, a level it first breached during the third quarter of 2007.&nbsp; <span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.newmont.com\/\">Newmont<\/a><\/span>, the second biggest by production, is trading around USD 46.50 a share, a level it first crossed during the fourth quarter of 2003.<\/p>\n<p style=\"padding-left: 30px;\">&nbsp;<span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.goldcorp.com\/\" >Goldcorp<\/a><\/span>, a relative newcomer to the big gig league of global gold diggers, is trading around USD 36.50 a share, a level it first cracked during the second quarter of 2006, nearly four years ago. <span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.anglogold.com\/default.htm\" >AngloGold Ashanti<\/a><\/span>, the third biggest gold miner by output, is around USD 34.50 a share, a level first breached in mid-2003. Times change, but not much for certain stock prices.<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/www.mineweb.com\/mineweb\/view\/mineweb\/en\/page33?oid=99573&amp;sn=Detail\"><strong>Read the whole report at MineWeb &gt;<\/strong><\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/you-thought-gold-was-looking-ugly-gold-miners-are-trading-at-levels-not-seen-in-years-2010-2#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/gold-is-just-looking-terrible-2010-2\">Gold Is Just Looking Terrible<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/buying-old-stamps-and-other-non-productive-assets-with-psychological-value-outperforms-gold-2010-2\">Want A Non-Productive &#8216;Hard Asset&#8217; With Psychological Value That Beats Gold? Buy Collectibles And Art<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/gold-survives-body-blows-from-imf-and-bernanke-and-is-now-above-1120-2010-2\">Gold Survives Body Blows From IMF And Bernanke And Is Now Above $1120<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/o9qCEGn3oBg\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold has been kind of a dog lately, but if you want to see ugly, check out the companies whose job it is to pull it out of the ground. Here&#8217;s MineWeb with the report: Measured on a 12-month rolling basis, listed gold stocks are on average trading at levels seen a year ago. Looking [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-360229","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/360229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=360229"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/360229\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=360229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=360229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=360229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}