Gold mining stocks (GDX) could be reaching an inflection point, Barclays believes, pointing to...

|By:, SA News Editor

Gold mining stocks (GDX) could be reaching an inflection point, Barclays believes, pointing to early signs of performance improvement through the many cost reduction programs begun this year, plus compelling valuations. Goldcorp (GG +2.1%) is the firm's top pick among North American miners because it has the best growth profile and expected operating and capital cost declines in 2014.