Gold Stocks Enter Correction Territory, but Investors Have Little to Fear [The Motley Fool]
Kirkland Lake Gold Ltd. Common Shares (KL)
Last kirkland lake gold ltd. common shares earnings: 2/20 02:09 am
Check Earnings Report
US:NYSE Investor Relations:
klgold.com/investors/default.aspx
Company Research
Source: The Motley Fool
The lustrous yellow metal may be down more than 10% since mid-April, but gold miners are sitting pretty. Earlier this year, gold investors were on Cloud Nine. Despite having rallied to nearly $1,400 an ounce in 2016, the shiny yellow metal did something even more special – it kept above the $1,300 an ounce mark for its longest time period in five years . With Wall Street failing to increase margin expectations, it was my belief that most gold-mining stocks would handily surpass profit projections in the quarters that lie ahead. But the tables have since turned. Since mid-April, gold has lost roughly $145 per ounce, or more than 10% of its value, placing it officially in correction territory for the first time in nearly two years. Image source: Getty Images. Explaining the recent correction in gold Why the sudden swoon in gold prices ? Chances are it's a mixture of worries. For example, U.S. GDP for the second quarter recently came in at a robust 4.1%, which
Show less
Read more
Impact Snapshot
Event Time:
KL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KL alerts
High impacting Kirkland Lake Gold Ltd. Common Shares news events
Weekly update
A roundup of the hottest topics