Worst Performing Gold Stocks?
Thursday, September 23, 2010 2:56 pm EST
There are only a few gold producers that have failed to deliver gains to their shareholders in 2010. With gold prices breaking out above $1,300 per ounce, gold miners have posted impressive gains across the board. The Market Vectors Gold Miners ETF (GDX) is up 20.5% year-to-date while many small-cap gold companies have seen their share price rise over 100%.
However, Yamana Gold (AUY), Lake Shore Gold (LSG.TSX), and Gammon Gold (GRS) have declined 4.7%, 14.5%, and 35.9%, respectively – earning these companies the distinction of being among the poorest performing gold companies in the market.















