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Shares of Coeur Mining Inc Rank the Highest in Terms of Beta in the Gold Industry (CDE, GORO, NEM, MUX, RGLD)

By Shiri Gupta

Below are the three companies in the Gold industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.

Coeur Mining Inc ranks highest with a a beta of 0.7. Following is Gold Resource Corporation with a a beta of 0.6. Newmont Mining ranks third highest with a a beta of 0.4.

McEwen Mining Inc follows with a a beta of 0.4, and Royal Gold Inc rounds out the top five with a a beta of 0.4.

SmarTrend recommended that its subscribers protect gains by selling shares of Gold Resource Corporation on February 27th, 2020 by issuing a Downtrend alert when the shares were trading at $4.93. Since that call, shares of Gold Resource Corporation have fallen 40.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest beta :cde coeur mining inc :goro gold resource corporation newmont mining :mux mcewen mining inc royal gold inc

Ticker(s): NEM RGLD