Barrick Gold vs. Goldcorp
Back in April I wrote an interesting post asking the question Are Gold Stocks Cheap? In that post I looked at the two leading gold producers, Barrick Gold (ABX), and Goldcorp Inc. (G). Both these multi-billion dollar companies trade on the TSX, but they are by production tonnes and profit, the world’s leading gold miners and gold producers. They generally have solid fundamentals, low debt, and pay a dividend. Like most mining companies the dividend yield is lower. Many low dividend yield stocks have tremendous potential for capital growth that far outweighs the yield. ABX and G together make up …