22.08.2016 - Plenty of upside left in gold stocks' shining year
The sky-scraping performance of Australian gold mining stocks this year has led to the inevitable questions of when to expect a correction, but analysts say there's potential still to be realised. Of the biggest names in the index, Evolution Mining has risen 86 per cent this year to date, Newcrest Mining 83 per cent, Regis Resources 74 per cent and Northern Star Resources 69 per cent. Analysts at Morgan Stanley say globally, total shareholder returns for 2016 so far for precious metal shares have hit 169 per cent, sending valuations at or above historical highs...............................................Full Article: Source
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