Senior Gold Producers Riding High on Surging Gold Prices: Initiating Coverage on Newmont / Barrick / AngloGold

Surging gold prices have driven stock prices of gold miners to multi-year highs as shown by the TSX Global Gold ETF (XGD), which currently trades at C$25.2, a shade away from the all-time high of ~C$28.0 hit in 2011.

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