Gold mining basket companies on LSE

NoseyParkersHelper

Greeting MSEs

So I am interested in Gold mining companies that trade on the London Stock Exchange (especially as a group of them or commonly know as a "baskets"). I am interested in them because I would like to see how stable the share price have been say over the last 100 years compared to gold its self and to see what kind of dividend ends they have paid out of say the last 100 years

So a few suggestions of some companies you could buy into would be great!

Thanks

PloughmansLunch

I’ve held and topped up Centamin (CEY) for a while

InvesterJones

I've not come across basket companies before. If you want a group of companies, have you considered a fund instead?

k12479

NoseyParkersHelper said:

Gold mining companies that trade on the London Stock Exchange...I am interested in them because I would like to see how stable the share price have been say over the last 100 years compared to gold its self and to see what kind of dividend ends they have paid out of say the last 100 years

I think that's going to be very tricky. I can't think of many mining companies that have been around for 100 years as the same listed entity - there's been a lot of M&A activity over the decades and gold-only miners are fewer still.

NoseyParkersHelper

PloughmansLunch said:

I’ve held and topped up Centamin (CEY) for a while

1. Is CEY a basket company?
2. How longs it been around?
3. How well dose it pay out?

Thanks

---

PS what do you think about the attatchments anyone?

PloughmansLunch

NoseyParkersHelper said:

PloughmansLunch said:

I’ve held and topped up Centamin (CEY) for a while

1. Is CEY a basket company?
2. How longs it been around?
3. How well dose it pay out?

Thanks

---

PS what do you think about the attatchments anyone?

1. No, a gold mining co. currently listed on LSE (Jersey-registered so no stamp duty payable)
2. 50-odd years
3. Twice a year, fairly small dividends but reasonable in relation to the stock cost: https://www.dividendmax.com/united-kingdom/london-stock-exchange/mining/centamin-plc/dividends

I can't help with the graphs or any implied or otherwise correlation with gold commodity price, but at least it gives you something to compare. I can however pinpoint that the nice surprise bump on the Centamin stock price about three or so weeks ago was after some takeover news.

wmb194

k12479 said:

NoseyParkersHelper said:

Gold mining companies that trade on the London Stock Exchange...I am interested in them because I would like to see how stable the share price have been say over the last 100 years compared to gold its self and to see what kind of dividend ends they have paid out of say the last 100 years

I think that's going to be very tricky. I can't think of many mining companies that have been around for 100 years as the same listed entity - there's been a lot of M&A activity over the decades and gold-only miners are fewer still.

It hasn't been around 100 years I don't think but the OP could look at Barrick Gold, $34.8b market cap, 1.99% dividend yield paid quarterly, but it's listed in New York (GOLD.N) and Toronto (ABX.T, primary listing). The data on my charts goes back to 1985.

I think he'll find there isn't a great correlation - I'm guessing the OP's hoping for a leveraged play on the gold price. After all, mining companies have all of the operational problems of mines...

wmb194

The iShares Global Gold Miners ETF should give the OP some ideas - take a look at its holdings e.g., Newmont, Kinrossi Gold Corp, Barrick Gold, Wheaton Precious Metals.

https://www.ishares.com/us/products/239654/ishares-msci-global-gold-miners-etf#/

NoseyParkersHelper

PloughmansLunch said:

NoseyParkersHelper said

3. Twice a year, fairly small dividends but reasonable in relation to the stock cost: https://www.dividendmax.com/united-kingdom/london-stock-exchange/mining/centamin-plc/dividends

So they only pay you 2.3% a year right?

NoseyParkersHelper

wmb194 said:

The iShares Global Gold Miners ETF should give the OP some ideas - take a look at its holdings e.g., Newmont, Kinrossi Gold Corp, Barrick Gold, Wheaton Precious Metals.

https://www.ishares.com/us/products/239654/ishares-msci-global-gold-miners-etf#/

wmb194 said:

The iShares Global Gold Miners ETF should give the OP some ideas - take a look at its holdings e.g., Newmont, Kinrossi Gold Corp, Barrick Gold, Wheaton Precious Metals.

https://www.ishares.com/us/products/239654/ishares-msci-global-gold-miners-etf#/

Sorry I did not get chance to respond to you on my last post.

But I have had a short look at the link and I dont understand on it where it states "Holding". I mean the page hardly works and keeps crashing the machine

Where dose it state what it pays out in divid ends per year?

Thanks

NoseyParkersHelper

wmb194 said:

k12479 said:

It hasn't been around 100 years I don't think but the OP could look at Barrick Gold, $34.8b market cap, 1.99% dividend yield paid quarterly, but it's listed in New York (GOLD.N) and Toronto (ABX.T, primary listing). The data on my charts goes back to 1985.

I think he'll find there isn't a great correlation - I'm guessing the OP's hoping for a leveraged play on the gold price. After all, mining companies have all of the operational problems of mines...

So your saying that Barrick Gold is a mining company and pay near 2% dividends per quarter. 8% a year right?

Yer I was looking for something that would kind of match gold prices and pay out a small proffit. What is the point in harding gold (meal money) under the matterass if you cant make any profit out of using it somehow