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Shares of Randgold Resources Rank the Highest in Terms of Return on Equity in the Gold Industry (GOLD, NEM, FNV, AEM, RGLD)

By David Diaz

Below are the three companies in the Gold industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Randgold Resources ranks highest with a ROE of 6.2%. Newmont Mining is next with a ROE of 4.5%. Franco-Nevada ranks third highest with a ROE of 1.7%.

Agnico-Eagle Mines follows with a ROE of 0.5%, and Royal Gold rounds out the top five with a ROE of -0.5%.

SmarTrend recommended that subscribers consider buying shares of Royal Gold on June 6th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $61.51. Since that recommendation, shares of Royal Gold have risen 30.7%. We continue to monitor Royal Gold for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest return on equity Randgold Resources newmont mining franco-nevada agnico-eagle mines Royal Gold