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Friday, August 14, 2020

Despite Gold Price Correction, Many Gold Miners Are In Great Shape and Are Hiking Dividends


After superb and for many gold miners record breaking Q2 earnings numbers (remember that Q2 2020 ended before gold prices went over $2k an oz), many gold miners are now hiking dividends. 

The gold mining sector is the only sector where margins have expanded rapidly, free cash flow has increased a lot and there is big dividend hikes.