StreetInsider.com News Articles

Australian gold mining: Boon or bubble? UBS analysts weigh in

Fri, 28 Jun 2024 03:00:34 -0400

Investing.com - UBS analysts noted on Wednesday that the performance of the Australian gold mining industry might be "too good to be true."

The note comes as most gold miners have lowered their production expectations through FY24, setting expectations at the lower end of guidance, which reduces risk in the upcoming June quarter updates.

While UBS remains optimistic about the sector due to bullish gold price predictions, expectations for volume growth, productivity gains and the winding down of the capital expenditure cycle, they also expressed concerns following the downgrade of Evolution Mining

Australian gold mining: Boon or bubble? UBS analysts weigh in

Fri, 28 Jun 2024 03:00:34 -0400

Investing.com - UBS analysts noted on Wednesday that the performance of the Australian gold mining industry might be "too good to be true."

The note comes as most gold miners have lowered their production expectations through FY24, setting expectations at the lower end of guidance, which reduces risk in the upcoming June quarter updates.

Australian gold mining: Boon or bubble? UBS analysts weigh in

Fri, 28 Jun 2024 03:00:34 -0400

Investing.com - UBS analysts noted on Wednesday that the performance of the Australian gold mining industry might be "too good to be true."

The note comes as most gold miners have lowered their production expectations through FY24, setting expectations at the lower end of guidance, which reduces risk in the upcoming June quarter updates.

Australian gold mining: Boon or bubble? UBS analysts weigh in

Fri, 28 Jun 2024 03:00:34 -0400

Investing.com - UBS analysts noted on Wednesday that the performance of the Australian gold mining industry might be "too good to be true."

The note comes as most gold miners have lowered their production expectations through FY24, setting expectations at the lower end of guidance, which reduces risk in the upcoming June quarter updates.

Australian gold mining: Boon or bubble? UBS analysts weigh in

Fri, 28 Jun 2024 03:00:34 -0400

Investing.com - UBS analysts noted on Wednesday that the performance of the Australian gold mining industry might be "too good to be true."

The note comes as most gold miners have lowered their production expectations through FY24, setting expectations at the lower end of guidance, which reduces risk in the upcoming June quarter updates.

Australian gold mining: Boon or bubble? UBS analysts weigh in

Fri, 28 Jun 2024 03:00:34 -0400

Investing.com - UBS analysts noted on Wednesday that the performance of the Australian gold mining industry might be "too good to be true."

The note comes as most gold miners have lowered their production expectations through FY24, setting expectations at the lower end of guidance, which reduces risk in the upcoming June quarter updates.