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25 03, 2024

Gold Prices Today In India (25th March 2024); Check Gold Rate In Delhi, Mumbai, Kolkata, Chennai, Thane, Surat, Pune, Nagpur

By |2024-03-25T05:55:54+02:00March 25, 2024|Gold News|0 Comments


The gold price today in Surat is ₹ 6129 per gram for 22 karat gold and ₹ 6686 per gram for 24 karat gold.

Gold Rate Today

The price of gold in India today is ₹ 6,124 per gram for 22 karat gold and ₹ 6,681 per gram for 24 karat gold

Check Gold Price In Your City Today On 25th March 2024

Gold Price Today In Mumbai

The price of gold in Mumbai is ₹ 6124 per gram for 22 karat gold and ₹ 6681 per gram for 24 karat gold.

Gold Price Today In Kolkata

The gold price today in Kolkata is ₹ 6124 per gram for 22 karat gold and ₹ 6681 per gram for 24 karat gold.

Gold Price Today In Chennai

The Gold price today in Chennai is ₹ 6184 per gram for 22 karat gold and ₹ 6746 per gram for 24 karat gold.

Gold Price Today In Delhi

The gold price today in Delhi is ₹ 6139 per gram for 22 karat gold and ₹ 6696 per gram for 24 karat gold.

Gold Price Today In Thane

The gold price today in Thane is ₹ 6124 per gram for 22 karat gold and ₹ 6681 per gram for 24 karat gold.

Gold Price Today In Surat

The gold price today in Surat is ₹ 6129 per gram for 22 karat gold and ₹ 6686 per gram for 24 karat gold.

Gold Price Today In Pune

The gold price today in Pune is ₹ 6124 per gram for 22 karat gold and ₹ 6681 per gram for 24 karat gold.

Gold Price Today In Nagpur 

The gold price today in Nagpur is ₹ 6124 per gram for 22 karat gold and ₹ 6681 per gram for 24 karat gold.

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25 03, 2024

Curling: Canada’s Homan wins gold at World Championship

By |2024-03-25T04:33:44+02:00March 25, 2024|Gold News|0 Comments


Canada’s Rachel Homan defeated Switzerland’s Silvana Tirinzoni 7-5 on Sunday to win gold at the world women’s curling championship.

Homan made a split to score three points in the ninth end. The Swiss didn’t have a shot for a game-tying deuce in the 10th end and conceded before throwing their final stone.

The win ended Canada’s six-year title drought at this event. It was Homan’s first world crown since taking gold at the 2017 playdowns in Beijing.

Jennifer Jones was the last Canadian to win world gold, finishing first in 2018 in North Bay, Ont. 

Homan and her team of third Tracy Fleury, second Emma Miskew and lead Sarah Wilkes picked up where they left off after running the table at the national championship last month.

Canada was 11-1 in round-robin play at Centre 200 and beat South Korea’s Eunji Gim in the semifinal.

That set up the top-ranked Ottawa-based rink for a showdown with the second-ranked Tirinzoni, who had won four straight world titles. 

Homan’s side entered with confidence after winning all four head-to-head meetings against Tirinzoni this season. The Canadian also ended Tirinzoni’s 42-game win streak at this competition earlier in the week. 

As first seed, Canada started with hammer but the Swiss forced Homan to draw for one in the opening end.

The host team made some small mistakes in the early going. 

Miskew hit and rolled out in the second end and Homan’s freeze attempt was slightly off. That allowed Swiss fourth Alina Paetz to make a soft hit for two.

Canada was forced again in the third end and Homan’s final stone undercurled in the fourth to set up a Swiss hit for two.

Paetz was heavy on back-to-back throws in the fifth end to allow Canada to pull even with a pair of its own.

Two blanks preceded an eighth end with rocks in play. Fleury made a hit that rolled frozen on the button and Tirinzoni couldn’t blast out the Canadian stones. 

Homan made a hit to sit four and Paetz was forced to draw for one. 

In the critical ninth end, Homan made two great shots that turned the game. 

Her rocket double-takeout left Canada sitting three. Paetz made a double-takeout that left Canada as shot stone with two Swiss stones on the back of the 12-foot ring.

Canada’s Rachel Homan, left, celebrates with teammates after winning the 2024 World Women’s Curling Championship. (Frank Gunn/The Canadian Press)

Homan tapped her own rock near the top of the house and both stones rolled in to score three, thrilling the near-sellout crowd of 4,373.

The win improved Homan’s season record to 62-6. She improved to 24-8 in career head-to-head matchups against Tirinzoni.

Earlier, Gim defeated Italy’s Stefania Constantini 6-3 to win the bronze medal.

Homan and Miskew were named competition all-stars at their respective positions. Sweden’s Sara McManus took the nod at third and Swiss lead Carole Howald was named top lead.

Overall attendance at the nine-day event was 45,602. Uijeongbu, South Korea will host next year’s world women’s championship.

The world men’s curling championship begins Saturday in Schaffhausen, Switzerland. Brad Gushue of St. John’s, N.L., will skip the Canadian team.

This report by The Canadian Press was first published March 24, 2024



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25 03, 2024

13 Most Profitable Gold Stocks To Invest In

By |2024-03-25T03:10:41+02:00March 25, 2024|Gold News|0 Comments


In this article, we discuss the 13 most profitable gold stocks to invest in. To skip the detailed analysis of the industry, go directly to the 5 Most Profitable Gold Stocks To Invest In.

The close of 2023 saw a surge in gold prices driven by the widespread belief that the precious metal serves as a hedge against inflation, prompting investors to seek refuge amid economic uncertainty. That same year, gold prices experienced a notable surge of over 13%, coinciding with a 3% increase in demand for the yellow metal compared to the previous year, reaching 4,899 metric tons. This data, sourced from the World Gold Council, encompasses purchases made by central banks as well as demand from various sectors including industries, jewelry makers, and investors. The SVB crash and conflicts in the Middle East have further heightened demand for the precious metal throughout the year, consequently leading gold stocks to achieve significant gains. According to a Bloomberg report from earlier in 2023, data from Invesco indicated a notable trend of global sovereign wealth funds and investors increasing their gold holdings. The insights from the report were based on a survey encompassing 85 sovereign wealth funds and 57 central banks, managing assets totaling approximately $21 trillion.

Exchange-traded funds (ETFs) that mirror the price of gold also recorded strong performances. The SPDR Gold Shares ETF (NYSE:GLD) saw a gain of 6.06% year-to-date, while the iShares Gold Trust ETF (NYSE:IAU) climbed 4.6%. Many analysts describe the investment environment supporting gold’s recent performance as a Goldilocks scenario, characterized by “just right” conditions. Bill Baruch, president of commodities brokerage firm Blue Line Futures, suggesting that gold’s movement signals the beginning of a “multi-year bull market in metals.” This statement is supported by VanEck’s report that illustrated the direct correlation between gold prices and gold stocks.

“Gold stocks are supposed to outperform the metal when gold’s price is rising. Their leverage to gold justifies outperformance. For any given move in the price of gold, operating cash flow generated by these companies increases (or decreases) by a much greater percentage. Take Alamos (8.06% of Fund net assets), for example. The company estimates that a 5% increase in the price of gold (about a+$100/oz move), would translate into an increase of almost 30% in their free cash flow in 2024. “

With that in mind, today we will explore some of the most profitable gold stocks that investors should take note of, with prominent choices including Freeport-McMoRan Inc. (NYSE:FCX), Barrick Gold Corp (NYSE:GOLD), and Agnico Eagle Mines Limited (NYSE:AEM).

13 Most Profitable Gold Stocks To Invest In

13 Most Profitable Gold Stocks To Invest In

A golden nugget illuminated under direct lighting, hinting at the value of precious metals.

Our Methodology

To make our list of the most profitable gold stocks to invest in, we narrowed down a list of gold companies that have operations involving the precious metal and ranked them according to their lates trailing twelve-month net income. For these gold stocks, we have also mentioned hedge fund sentiment. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). That’s why we pay very close attention to this often-ignored indicator.

13. B2Gold Corp (NYSE:BTG)

Number of Hedge Fund Holders: 14

Latest TTM Net Income: 10.10 million

B2Gold Corp. (NYSE:BTG) is a Canadian company focused on the exploration and development of gold resources. Operating across several countries, including Colombia, Mali, Namibia, the Philippines, Uzbekistan, Finland, and Canada, the company is actively involved in exploration, development, and production activities in these regions.

A total of 14 hedge funds tracked by Insider Monkey reported having stakes in B2Gold Corp (NYSE:BTG). One of the biggest hedge fund stakeholders of B2Gold Corp (NYSE:BTG) was John Overdeck and David Siegel’s Two Sigma Advisors which owns a $24.69 million stake in B2Gold Corp (NYSE:BTG).

Much like Freeport-McMoRan Inc. (NYSE:FCX), Barrick Gold Corp (NYSE:GOLD), and Agnico Eagle Mines Limited (NYSE:AEM), B2Gold Corp. (NYSE:BTG) ranks as one of the most profitable gold stocks to invest in.

12. Equinox Gold Corp. (NYSE:EQX)

Number of Hedge Fund Holders: 10

Latest TTM Net Income: 28.89 million

Equinox Gold Corp. (NYSE:EQX) is a gold producer concentrated on growth that operates solely in the Americas, with seven operational gold mines situated in the U.S., Mexico, and Brazil. Additionally, the company is presently advancing through the commissioning phase at its Greenstone Project near Geraldton, Ontario.

Q4 2023 emerged as Equinox Gold Corp. (NYSE:EQX)’s most robust quarter of the year, during which it generated 155,000 ounces of gold. This performance allowed the company to meet its guidance, resulting in a total production of 564,500 ounces for the entirety of 2023. Equinox Gold Corp. (NYSE:EQX) concluded the year with approximately $192 million in cash and equivalents.

During Q3 2023, 10 out of the 933 hedge funds part of Insider Monkey’s database had held a stake in Equinox Gold Corp. (NYSE:EQX). Out of these, the firm’s largest shareholder is Eric Sportt’s Sprott Asset Management since it owns $40.39 million worth of shares.

11. Sandstorm Gold Ltd. (NYSE:SAND)

Number of Hedge Fund Holders: 12

Latest TTM Net Income: 41.72 million

Based in Vancouver, Sandstorm Gold Ltd. (NYSE:SAND) is a gold royalty company that extends funding to mining firms in exchange for royalties, predominantly in the form of net smelter returns and streams. Since its establishment in 2008, Sandstorm Gold Ltd. (NYSE:SAND) has amassed an impressive portfolio encompassing over 250 royalties on mines worldwide.

In its latest earnings report for the fourth quarter, Sandstorm Gold Ltd. (NYSE:SAND) showcased impressive results, surpassing expectations in both revenue and earnings per share. The company reported revenues of $44.5 million for the quarter, marking a 15.9% increase year-over-year. Additionally, its net income amounted to $24.5 million, or $0.08 per share, in contrast to a net loss of $2.1 million, or $0.01 per share, in the same period the previous year.

12 out of the 933 hedge funds profiled by Insider Monkey had held a stake in the company. Sandstorm Gold Ltd. (NYSE:SAND)’s biggest hedge fund investor is Murray Stahl’s Horizon Asset Management as it owns 4.8 million shares that are worth $24.18 million.

10. IAMGOLD Corporation (NYSE:IAG)

Number of Hedge Fund Holders: 16

Latest TTM Net Income: 94.30 million

IAMGOLD Corporation (NYSE:IAG) is a Canadian company headquartered in Toronto, owning and operating gold mines in Burkina Faso, Suriname, and Canada. Established in 1990, the company has grown to become a significant player in the global gold mining industry.

IAMGOLD Corporation (NYSE:IAG) recently finalized its acquisition of Vanstar Mining Resources Inc., marking the completion of the consolidation of its ownership of the Nelligan Gold Project in Quebec. Following this transaction, IAMGOLD Corporation (NYSE:IAG) now possesses a 100% interest in the Project, located 60 kilometers southwest of Chibougamau, Quebec. Additionally, the company holds a 1% Net Smelter Return (NSR) royalty on selected claims of the project, along with other early-stage exploration properties in Northern Quebec.

During last year’s December quarter, 16 out of the 910 hedge funds tracked by Insider Monkey owned IAMGOLD Corporation (NYSE:IAG)’s shares. The firm’s largest investor in our database is John Overdeck And David Siegel’s Two Sigma Advisors as it owns $12.4 million worth of shares.

9. Alamos Gold Inc (NYSE:AGI)

Number of Hedge Fund Holders: 33

Latest TTM Net Income: 210.00 million

Alamos Gold Inc. (NYSE:AGI) is an intermediate gold producer headquartered in Canada, renowned for its diversified production from three operational mines in North America and a robust portfolio of growth projects. These mines include the Young-Davidson and Island Gold mines in northern Ontario, Canada, as well as the Mulatos mine in Sonora State, Mexico.

In January of this year, Alamos Gold Inc. (NYSE:AGI) finalized an agreement to acquire all issued and outstanding shares of Orford Mining, further solidifying its position in several mining projects located in Quebec, Canada. This strategic move will allow Alamos Gold Inc. (NYSE:AGI) to enrich its portfolio by integrating the Qiqavik Gold Project and other exploration-stage assets, such as Nunavik Lithium, the Joutel Properties, and West Raglan.

A total of 33 hedge funds out of the 933 funds in Insider Monkey’s database of hedge funds had stakes in Alamos Gold Inc (NYSE:AGI). The most notable stake in Alamos Gold Inc (NYSE:AGI) is owned by Jean-Marie Eveillard’s First Eagle Investment Management which owns an $119.2 million stake in Alamos Gold Inc (NYSE:AGI).

8. Royal Gold, Inc. (NASDAQ:RGLD)

Number of Hedge Fund Holders: 23

Latest TTM Net Income: 239.44 million

Royal Gold, Inc. (NASDAQ:RGLD) is recognized as a prominent global entity in the precious metals streaming and royalty sector. Specializing in the acquisition and management of precious metal streams, royalties, and similar production-based interests, the company has established a strong foothold in the industry.

On February 15, National Bank Financial analyst Sameer Keswani upgraded Royal Gold, Inc. (NASDAQ:RGLD) from Sector Perform to Outperform, signaling a significant change in their evaluation of the company’s prospects within the precious metals market. This upgrade reflects Keswani’s confidence in Royal Gold, Inc. (NASDAQ:RGLD) to outperform its sector peers and provide superior returns to investors.

As of the last quarter of 2023, 23 hedge funds tracked by Insider Monkey held stakes in Royal Gold, Inc. (NASDAQ:RGLD). The largest stakeholder during this period was Jean-Marie Eveillard’s First Eagle Investment Management.

7. Kinross Gold Corporation (NYSE:KGC)

Number of Hedge Fund Holders: 36

Latest TTM Net Income: 416.30 million

Established in 1993 and headquartered in Toronto, Ontario, Kinross Gold Corporation (NYSE:KGC) is a Canadian mining company specializing in gold and silver extraction. Currently, Kinross operates across six active gold mines and has shown robust financial performance in recent quarters.

Kinross Gold Corporation (NYSE:KGC) has recently entered into an exploration and venture option agreement with Riley Gold for the PWC gold project in Nevada, US. Under the terms of the deal, Kinross has the potential to acquire up to a 75% interest in the project, contingent upon a minimum investment of $20 million. The PWC project, situated in Lander County, covers approximately 24.7 square kilometers in the Cortez District, renowned for its gold production.

As of the end of the fourth quarter of 2023, 36 hedge funds tracked by Insider Monkey held stakes in Kinross Gold Corporation (NYSE:KGC). Notably, Israel Englander’s Millennium Management is the largest stakeholder in Kinross Gold Corporation (NYSE:KGC).

6. Harmony Gold Mining Company Limited (NYSE:HMY)

Number of Hedge Fund Holders: 13

Latest TTM Net Income: 480.17 million

Harmony Gold Mining Company Limited (NYSE:HMY) operates and develops world-class gold assets in South Africa and Papua New Guinea (PNG), one of the world’s premier new gold-copper regions. With 69 years of experience, Harmony Gold Mining Company Limited (NYSE:HMY) currently stands as South Africa’s largest gold producer.

Earlier this February, Harmony Gold Mining Company Limited (NYSE:HMY) reported earnings for the second half of 2023, revealing a 25% increase in production profit and a tripling of earnings per share to $0.51 compared to the same period ending December 31, 2022. Bolstered by these robust earnings results and the approval to continue utilizing its Mponeng Mine, Harmony Gold Mining Company Limited (NYSE:HMY) announced an interim dividend of approximately $0.08 per share, in addition to its regular quarterly dividend of $0.08 per share.

13 out of the 933 hedge funds polled by Insider Monkey were the firm’s investors in Q4 2023. The biggest Harmony Gold Mining Company Limited (NYSE:HMY) hedge fund shareholder is David Iben’s Kopernik Global Investors as it owns 16.22 million shares that are worth $99.79 million.

Similar to Freeport-McMoRan Inc. (NYSE:FCX), Barrick Gold Corp (NYSE:GOLD), and Agnico Eagle Mines Limited (NYSE:AEM), Harmony Gold Mining Company Limited (NYSE:HMY) is one of the most profitable stocks to buy.

Click to continue reading and see 5 Most Profitable Gold Stocks To Invest In.

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Disclosure: None. 13 Most Profitable Gold Stocks To Invest In is originally published on Insider Monkey.



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25 03, 2024

Canada’s Homan beats Switzerland’s Tirinzoni to win gold at world curling playdowns

By |2024-03-25T01:49:37+02:00March 25, 2024|Gold News|0 Comments


SYDNEY, N.S. — Canada’s gold drought is over at the world women’s curling championship. Rachel Homan defeated Switzerland’s Silvana Tirinzoni 7-5 in today’s final at Centre 200.

SYDNEY, N.S. — Canada’s gold drought is over at the world women’s curling championship.

Rachel Homan defeated Switzerland’s Silvana Tirinzoni 7-5 in today’s final at Centre 200.

Canada made a split to score three in the ninth end and the Swiss conceded in the 10th before throwing their final stone.

It was Canada’s first title at this event since Jennifer Jones won gold in 2018 in North Bay, Ont.

Homan won her first career world women’s title in 2017 in Beijing.

South Korea’s Eunji Gim beat Italy’s Stefania Constantini 6-3 earlier in the day for bronze.

This report by The Canadian Press was first published March 24, 2024.

The Canadian Press







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25 03, 2024

Vanier falls to Meadow Lake in 4A girls gold medal game in absolute barnburner

By |2024-03-25T00:28:33+02:00March 25, 2024|Gold News|0 Comments


Spirits overcome 10-point half-time deficit and take late lead but fall 57-54 in championship game

With the way things were going for the Vanier Spirits early in their SHSAA 4A girls basketball provincial gold medal game, it would have been easy to just decide it wasn’t their night and let the chips fall where they may.

Despite playing in their own gym, the Spirits just couldn’t get shots to fall in the first half and had difficulty dealing with Meadow Lake’s aggressive defence, eventually finding themselves down 27-17 at the break.

But things suddenly changed in the third quarter, and Vanier started bringing the rain.

Long-range shots started to fall, and their defence held at the other end of the court. All of a sudden they were within a pair, and with 6:50 to play, they took a 45-44 lead, the first time they were up all game.

That set the stage for a tense five minutes of basketball, as Vanier held their two-point edge until 1:12 remained when Meadow Lake’s Sienna Andersen scored her 22nd point of the game to tie things 54-54. The Spartans then got a clutch basket from Callie Timmer with 35 seconds to play, and a free throw by Deena Rediron in the final seconds finished things off.

Final score, Meadow Lake 57, Vanier 54 in one of the best girls’ basketball games of the season.

“It was incredible and we wanted it so bad,” said Andersen, who just happens to be joining the Briercrest College Clippers out in Caronport next fall. “We’ve been to Hoopla a few times and just couldn’t pull it off, so it was really exciting. Everyone really contributed today, we played well as a team and came away with it.”

Spartans coach Kendra Paramchuk pointed to a season-long ability to grind through games and find wins as a key to their gold medal success.

“It was awesome, it was such a good game,” she said. “We went into the game talking about how if everyone plays really well today with heart and grit, it was our game. Everyone took their roles seriously today, too. They were cheering each other on even when we were up by 10 and down by four. Then our seniors stepped up when we needed them and we came out as provincial champions.”

Vanier senior Kate Waldenberger had the hottest hand of all in the second half, scoring 20 of her game-high 24 points in the final 20 minutes and putting down five threes in the process.

Waverley Demassi also hit double digits with 11 points. 

Even with the loss, Spirits coach Christa Lapointe was almost beaming with pride at what her team nearly pulled off.

“It’s great to get to the gold medal game and I’m very proud of all the girls for putting it out there,” she said. “They’ve been taught the last three years that as long as you can keep the game to 10-15, anything is possible. Our girls know that, so even though they’re down they never quit. Even though it didn’t work out, they left everything on the floor. That’s what you want from a provincial championship game.”





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24 03, 2024

Gold Rate in Saudi Arabia Today – 25 March 2024

By |2024-03-24T23:06:42+02:00March 24, 2024|Gold News|0 Comments


Gold Rate in Saudi Arabia Today

Gold Rate in Saudi Arabia Today

Today Gold rate in Saudi Arabia, (SAR) 10 gram of 24K gold is SAR 2,455.81. However, these rates are given in 1 tola, 1 gramme, and 10-gramme increments in Saudi Riyal.

Every day, the local gold and bullion markets in the SAR provide live rates.

Gold Rate in Saudi Arabia Today

The latest Gold Rate in SAR on, 24 March 2024. is mention below.

Gold 24K per Ounce SAR 7,638.48 $2,036.51
Gold 24K per 10 Grams SAR 2,455.79 $654.74
Gold 22K per 10 Grams SAR 2,251.14 $600.18
Gold 24K per Tola SAR 2,864.68 $763.76
Gold 22K per Tola SAR 2,625.96 $700.11



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24 03, 2024

Have Financials A Role To Play?

By |2024-03-24T16:18:45+02:00March 24, 2024|Gold News|0 Comments


Most readers would already be aware that Sandstorm Gold’s (TSE:SSL) stock increased significantly by 20% over the past month. As most would know, fundamentals are what usually guide market price movements over the long-term, so we decided to look at the company’s key financial indicators today to determine if they have any role to play in the recent price movement. Particularly, we will be paying attention to Sandstorm Gold’s ROE today.

Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, it is used to assess the profitability of a company in relation to its equity capital.

Check out our latest analysis for Sandstorm Gold

How To Calculate Return On Equity?

ROE can be calculated by using the formula:

Return on Equity = Net Profit (from continuing operations) ÷ Shareholders’ Equity

So, based on the above formula, the ROE for Sandstorm Gold is:

2.9% = US$43m ÷ US$1.5b (Based on the trailing twelve months to December 2023).

The ‘return’ is the income the business earned over the last year. That means that for every CA$1 worth of shareholders’ equity, the company generated CA$0.03 in profit.

Why Is ROE Important For Earnings Growth?

Thus far, we have learned that ROE measures how efficiently a company is generating its profits. We now need to evaluate how much profit the company reinvests or “retains” for future growth which then gives us an idea about the growth potential of the company. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don’t share these attributes.

A Side By Side comparison of Sandstorm Gold’s Earnings Growth And 2.9% ROE

It is quite clear that Sandstorm Gold’s ROE is rather low. Even when compared to the industry average of 9.6%, the ROE figure is pretty disappointing. In spite of this, Sandstorm Gold was able to grow its net income considerably, at a rate of 39% in the last five years. Therefore, there could be other reasons behind this growth. Such as – high earnings retention or an efficient management in place.

Next, on comparing with the industry net income growth, we found that Sandstorm Gold’s growth is quite high when compared to the industry average growth of 28% in the same period, which is great to see.

past-earnings-growth

past-earnings-growth

Earnings growth is a huge factor in stock valuation. It’s important for an investor to know whether the market has priced in the company’s expected earnings growth (or decline). By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if Sandstorm Gold is trading on a high P/E or a low P/E, relative to its industry.

Is Sandstorm Gold Making Efficient Use Of Its Profits?

Sandstorm Gold has a really low three-year median payout ratio of 18%, meaning that it has the remaining 82% left over to reinvest into its business. This suggests that the management is reinvesting most of the profits to grow the business as evidenced by the growth seen by the company.

Along with seeing a growth in earnings, Sandstorm Gold only recently started paying dividends. Its quite possible that the company was looking to impress its shareholders. Our latest analyst data shows that the future payout ratio of the company is expected to rise to 49% over the next three years. Consequently, the higher expected payout ratio explains the decline in the company’s expected ROE (to 1.7%) over the same period.

Summary

On the whole, we do feel that Sandstorm Gold has some positive attributes. Even in spite of the low rate of return, the company has posted impressive earnings growth as a result of reinvesting heavily into its business. With that said, on studying the latest analyst forecasts, we found that while the company has seen growth in its past earnings, analysts expect its future earnings to shrink. Are these analysts expectations based on the broad expectations for the industry, or on the company’s fundamentals? Click here to be taken to our analyst’s forecasts page for the company.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.



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24 03, 2024

Gold prices stabilize​ іn Baghdad and decrease​ іn Erbil

By |2024-03-24T13:35:13+02:00March 24, 2024|Gold News|0 Comments


Shafaq News/ Gold prices, both foreign and Iraqi, stabilized іn the local markets іn the capital Baghdad, while they decreased іn Erbil, the capital оf the Kurdistan Region, оn Sunday.

Our correspondent reported that gold prices іn the wholesale markets оn Baghdad’s Al-Nahr Street recorded a selling price per mithqal (equals five grams) оf 21-carat gold from Gulf, Turkish, and European sources at 449,000 IQD, with a buying price оf 445,000 IQD.

Iraqi gold had the selling price per mithqal оf 21-carat recorded at 419,000 IQD, with a buying price оf 415,000 IQD.

As for gold prices at jewelry shops, the selling price per one gram оf 21-carat Gulf gold ranges between 450,000 and 460,000 IDQ, while the selling price per one gram оf Iraqi gold ranges between 420,000 and 430,000 IQD.

Regarding gold prices іn Erbil, the selling price per one gram оf 24-carat gold was 525,000 IQD, 21-carat gold was sold at 460,000 IQD, and 18-carat gold was sold at 395,000 IQD.

On Thursday, gold prices rose tо an all-time high after Fed policymakers indicated they still expected tо reduce them by three-quarters оf a percentage point by the end оf 2024 despite recent high inflation readings.

Fed Chair Jerome Powell said оn Wednesday that recent high inflation readings had not changed the overall story оf slowly easing U.S. price pressures.

Lower interest rates decrease the opportunity cost оf holding non-yielding bullion and weigh оn the dollar, making gold cheaper for investors holding other currencies.



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24 03, 2024

Gold Rate Rises Today In India: Check 24 Carat Price In Your City On March 24

By |2024-03-24T06:50:42+02:00March 24, 2024|Gold News|0 Comments


Gold Rate Today In India: On March 24, 2024, gold prices experienced fluctuations throughout India. However, the fundamental price for 10 grams remained close to Rs 66,000. A thorough analysis of the market revealed that the average price for 10 grams of 24-carat gold was approximately Rs 66,820, while 22-carat gold averaged around Rs 61,250.

At the same time, the silver market displayed an upward trend, reaching Rs 77,500 per kilogram.

Gold rate today in India: Retail gold price on March 24

Gold Rate Today In Delhi

As of March 24, 2024, in Delhi, the current price for 10 grams of 22-carat gold is approximately Rs 61,400, whereas 10 grams of 24-carat gold is priced at around Rs 66,970.

Gold Rate Today In Mumbai

Currently in Mumbai, the price of 10 grams of 22-carat gold stands at Rs 61,250, while the equivalent amount of 24-carat gold is valued at Rs 66,820.

Gold Rate Today In Ahmedabad

In Ahmedabad, the price for 10 grams of 22-carat gold is Rs 61,300, and for the same amount of 24-carat gold, it’s Rs 66,870.

Check gold rates today in different cities on March 24, 2024; (In Rs/10 grams)

City 22 Carat Gold Price 24-Carat Gold Price
Chennai 61,850 67,470
Kolkata 61,250 66,820
Gurugram 61,400 66,970
Lucknow 61,400 66,970
Bengaluru 61,250 66,820
Jaipur 61,400 66,970
Patna 61,300 66,870
Bhubaneshwar 61,250 66,820
Hyderabad 61,250 66,820

Multi Commodity Exchange

On March 22, 2024, the Multi Commodity Exchange (MCX) saw active trading in gold futures contracts expiring on April 5, 2024. These contracts were priced at Rs 65,870 per 10 grams. Additionally, silver futures contracts expiring on May 3, 2024, were quoted at Rs 74,810 on the MCX.

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Retail Cost of Gold

The retail price of gold in India, often referred to as the gold rate, is the final cost per unit weight that customers pay when purchasing gold. This price is influenced by several factors beyond the inherent value of the metal itself.

Gold is highly important in India because of its cultural significance, its value for investment, and its traditional role in weddings and festivals.

Namit Singh SengarNamit writes on personal finance, economy and brands. Currently contributing to …Read More

first published: March 24, 2024, 09:15 IST

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24 03, 2024

What time is the AFL today? Western Bulldogs vs. Gold Coast start time, team lists, substitutes and streaming options for Round 2 match

By |2024-03-24T00:05:51+02:00March 24, 2024|Gold News|0 Comments



Under-pressure Western Bulldogs welcome Gold Coast Suns to Ballarat for a Sunday afternoon match.

The Bulldogs were thrashed by Melbourne in their opening match, while the Suns are 2-0 to the start the season.

MOREFollow the Coleman Medal race with daily updates | Every fixture and result for the 2024 AFL season | Every AFL team’s injury list and Supercoach implications

What time is the AFL today? Western Bulldogs vs. Gold Coast start time 

Sunday’s game between the Bulldogs and Suns is scheduled to start at 1:00 pm AEDT on SundayMarch 24.

The game will be played at Mars Stadium in Ballarat.

Timezone AEDT ACDT AEST ACST AWST
Start time 1:00pm 12:30pm 12:00pm 6:10pm 4:40pm

How to watch or live stream Western Bulldogs vs. Gold Coast

Region Melbourne Sydney Adelaide Brisbane Perth Tasmania
Channel Fox Footy Fox Footy Fox Footy Channel 7/Fox Footy Fox Footy Fox Footy
Broadcast time 1:00pm 1:00pm 12:30pm 12:00pm 10:00am 1:00pm

This match, and every match across the home-and-away season, will be available for live streaming and replay on Kayo Sports.


Western Bulldogs vs. Gold Coast betting odds 

Per bookmaker TAB, Western Bulldogs is the $1.67 favourite to win this match, while Gold Coast is the underdog at $2.20.

Western Bulldogs vs. Gold Coast Round 2 team lists

Western Bulldogs

IN: Oskar Baker, Sam Darcy, Taylor Duryea, Caleb Poulter

OUT: James Harmes (Suspension)

Gold Coast

IN: Jed Walter, Rory Atkins, Ben Long, Mac Andrew, Sam Clohesy

OUT: Malcolm Rosas (Suspension), Darcy Macpherson (Sub)

NEW: Sam Clohesy, Jed Walter




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