As equity analysts have downgraded gold stocks (GDX), credit ratings have remained resilient but...

|By:, SA News Editor

As equity analysts have downgraded gold stocks (GDX), credit ratings have remained resilient but Moody's says persistent gold prices below $1,300/oz. or more volatile pricing could prompt downgrades of several miners. Investment-grade producers such as Newmont (NEM), Barrick (ABX) and Goldcorp (GG) have more options to deal with low prices than smaller firms such as Iamgold (IAG) or Eldorado (EGO), Moody's says.