Why the Gold Rush Is Over for These Mining Stocks.
ByYahoo Finance
12 hours ago
Source:Yahoo Finance
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Mining stocks are on a bad run, and the selloff deepened on Thursday as the apparent lack of progress in peace talks between the U.S. and Iran put investors on edge. Freeport-McMoRan dipped 1.9% in early trading, and Newmont slid 0.2%. Newmont is down more than 22% since the Iran war began, while Freeport has fallen 19% over the same period.
Mining stocks are on a bad run, and the selloff deepened on Thursday as the apparent lack of progress in peace talks between the U.S. and Iran put investors on edge. Freeport-McMoRan dipped 1.9% in early trading, and Newmont slid 0.2%. Newmont is down more than 22% since the Iran war began, while Freeport has fallen 19% over the same period.
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