REPORT SUMMARY:
- TRENDRATING PICKING UP MOMENTUM DEGRADATION IN GOLD MINING STOCKS SINCE AUGUST
- CONTINUING DOWNGRADES IMPLY FURTHER UNDERPERFORMANCE OF THIS SECTOR
- SOUTH AFRICAN GOLD MINERS ARE CURRENT SUFFERING THE WORST PERFORMANCE
2016 Ratings Evolution:
The chart below displays the distribution of momentum among Global Mining Stocks. Since end of August, Trendrating has picked up a sharp degradation of momentum for Gold Miners. 86% of the rating changes in the last three months have been for stocks moving to negative momentum.
Download the full report:
gold-mining_20161216-003