Gold Bugs Better Pay Attention This Week

By Taylor Muckerman – Jul 23, 2013 at 7:03AM

NYSE: FCX

Freeport-McMoRan

Market Cap

$72B

Today's Change

(0.68%) $0.34

Current Price

$50.16

Price as of April 18, 2024, 4:00 p.m. ET

Some major miners will alert investors to recent performance over the next week and a half.

The market has not been kind to gold miners or gold investors in 2013. With prices finally crossing back above $1,300 per ounce this week, will the miners' quarterly reports add to the momentum? Freeport-McMoRan Copper & Gold (FCX 0.68%) will kick things off on Tuesday, July 23, followed by much larger gold-producing peers Goldcorp (GG) and Newmont Mining (NEM -0.03%).

For Motley Fool analyst Taylor Muckerman, it's not all about the companies' cost structures this quarter. With a broad range of projects supposedly coming on line in the near term, recently closed acquisitions, and oversupply concerns, investors will want to pay close attention through Aug. 1. Check out the video below for more details.

Taylor Muckerman has no position in any stocks mentioned. The Motley Fool owns shares of Freeport-McMoRan Copper & Gold. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.