Shares of precious metals companies are trading lower amid a drop in the price of gold and silver.
Portfolio Pulse from Benzinga Newsdesk
Shares of precious metals companies are trading lower due to a drop in the price of gold and silver.
June 04, 2024 | 2:40 pm
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NEGATIVE IMPACT
Agnico Eagle Mines (AEM) shares are trading lower due to a decline in gold and silver prices.
AEM is directly impacted by the prices of gold and silver, and a decline in these prices typically leads to a drop in AEM's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
First Majestic Silver (AG) shares are trading lower due to a decline in gold and silver prices.
AG is directly impacted by the prices of gold and silver, and a decline in these prices typically leads to a drop in AG's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Coeur Mining (CDE) shares are trading lower due to a decline in gold and silver prices.
CDE is directly impacted by the prices of gold and silver, and a decline in these prices typically leads to a drop in CDE's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Franco-Nevada (FNV) shares are trading lower due to a decline in gold and silver prices.
FNV is directly impacted by the prices of gold and silver, and a decline in these prices typically leads to a drop in FNV's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Gold Fields (GFI) shares are trading lower due to a decline in gold and silver prices.
GFI is directly impacted by the prices of gold and silver, and a decline in these prices typically leads to a drop in GFI's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Barrick Gold (GOLD) shares are trading lower due to a decline in gold and silver prices.
GOLD is directly impacted by the prices of gold and silver, and a decline in these prices typically leads to a drop in GOLD's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Newmont Corporation (NEM) shares are trading lower due to a decline in gold and silver prices.
NEM is directly impacted by the prices of gold and silver, and a decline in these prices typically leads to a drop in NEM's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Pan American Silver (PAAS) shares are trading lower due to a decline in gold and silver prices.
PAAS is directly impacted by the prices of gold and silver, and a decline in these prices typically leads to a drop in PAAS's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Wheaton Precious Metals (WPM) shares are trading lower due to a decline in gold and silver prices.
WPM is directly impacted by the prices of gold and silver, and a decline in these prices typically leads to a drop in WPM's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80