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.

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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.   

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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).   

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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.   

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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.

 

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SOURCE: microcapspeculators.com

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