USAGX’s Denbow: Producers' 3Q Profits Likely To Be Down Due To Lower Gold Prices

by / Wednesday, 21 October 2015 / Published in Gold & Silver

Most gold-mining companies should be in the black when they report their third-quarter earnings, although they may not be as profitable as the prior quarter due to lower gold prices, said Dan Denbow, portfolio manager of the USAA Precious Metals and Minerals Fund (USAGX).

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Source: Kitco