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Tahoe Resources has the Lowest Debt-to-Capital Ratio in the Gold Industry (TAHO, GORO, MUX, RGLD, NEM)

By David Diaz

Below are the three companies in the Gold industry with the lowest Debt-to-Capital ratios. The debt-to-capital ratio is an important measure of how a company is financing its operations along with some insight into its financial strength, relative to other companies in its industry.

Tahoe Resources ranks lowest with a a Debt-to-Capital ratio of 160.3%. Gold Resource Corporation is next with a a Debt-to-Capital ratio of 259.2%. McEwen Mining Inc ranks third lowest with a a Debt-to-Capital ratio of 945.0%.

Royal Gold Inc follows with a a Debt-to-Capital ratio of 2,016.8%, and Newmont Mining rounds out the bottom five with a a Debt-to-Capital ratio of 2,590.0%.

SmarTrend recommended that subscribers consider buying shares of Gold Resource Corporation on October 21st, 2019 as our technology indicated a new Uptrend was in progress when shares hit $3.84. Since that recommendation, shares of Gold Resource Corporation have risen 28.6%. We continue to monitor Gold Resource Corporation for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest debt-to-capital ratio tahoe resources :goro gold resource corporation :mux mcewen mining inc royal gold inc newmont mining

Ticker(s): TAHO RGLD NEM