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Stock impact report

The Tell: This gold-related ETF is crushing the stock market’s gains in 2019 — and analysts say the metal has room to run [MarketWatch]

Eldorado Gold Corporation Ordinary Shares (EGO) 
Last eldorado gold corporation ordinary shares earnings: 4/30 05:09 pm Check Earnings Report
US:NYSE Investor Relations: eldoradogold.com/investors/default.aspx
Company Research Source: MarketWatch
This gold-related ETF is crushing the stock market’s gains in 2019 — and analysts say the metal has room to run Gold futures are brandishing lustrous gains but a popular exchange-traded fund focused on companies that mine the yellow metal is en fuego. The VanEck Vectors Gold Miners ETF GDX, +4.28% boasts a roughly 33% year-to-date gain, far surpassing gains of the underlying metal. Gold futures are up nearly 13% so far this year, by comparison, based on the most-active August contract trading on Comex GCQ19, +1.57% according to FactSet data. Prices of the yellow metal carved out a fresh six-year high at $1,428.10 an ounce, and gold miners have apparently been big beneficiaries. Jeff deGraaf, technical analyst at research firm Renaissance Macro, said he sees room to run for gold and specifically the mining ETF in a Thursday research note. “We see momentum building in the miners again and it’s likely that the next leg higher is starting with yesterday’s breakout,” the analyst wrot Show less Read more
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