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Sterne Agee argues that its favorite miners - Newmont Mining (NEM), Coeur d'Alene (CDE) and Gold...
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Wednesday, December 5, 2012, 11:17 AM ETSterne Agee argues that its favorite miners - Newmont Mining (NEM), Coeur d'Alene (CDE) and Gold Resource (GORO) - will benefit as gold hits new highs in the next 12-18 months. Continued focus on cost management and rates of return could lead to an increase in gold company operating margins, which could set the stage for re-rating of valuation multiples, the firm believes.
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