Gold equities rise 20% in Q2 despite some companies missing estimates, driven by interest rate cuts and geopolitical uncertainties.
Gold equities outperform despite some gold companies failing to meet Q2 earnings estimates, with a 20% increase in average quarterly earnings per share. Gold prices have increased 24% YTD, and gold stocks have been rising due to potential interest rate cuts and geopolitical uncertainties. Among top gold stocks, Kinross Gold (178% growth over 2 years), B2Gold, and Franco-Nevada show potential for growth and dividends, depending on market conditions.
August 27, 2024
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