SOURCE: Paragon Financial Limited

Paragon Financial Limited

September 13, 2011 08:16 ET

Gold Mining Stocks Fail to Keep Pace With Skyrocketing Bullion Prices

The Paragon Report Provides Equity Research on Rubicon Minerals & Yamana Gold

NEW YORK, NY--(Marketwire - Sep 13, 2011) - The Paragon Report examines investing opportunities in the Gold Industry and provides equity research on Rubicon Minerals Corporation (NYSE Amex: RBY) (TSX: RMX) and Yamana Gold, Inc. (NYSE: AUY) (TSX: YRI). Access to the full company reports can be found at:

With the price of Gold near all-time highs, analysts and investors are beginning to question the underperformance of Gold Mining stocks. Between January and August, the price of gold has risen a staggering 29 percent, while the XAU Index of precious metal mining stocks has fallen a surprising 4 percent. Analysts at TD Securities go as far as to argue that gold stocks have had the worst performance relative to the price of gold in roughly ten years.

Gold miners from across the globe have been feverishly boosting production to match high demand for the precious metal. World Gold Council (WGC) officials argued last week that Gold demand, which dropped in the second quarter of this year, is expected to strengthen by the end of 2011, driven by strong jewelry buying in China and India.

The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the gold industry register with us free at and get exclusive access to our numerous stock reports and industry newsletters

Yamana said its gold equivalent production rose 10 percent to more than 278,000 ounces in the second quarter, while its average realized gold price gained 25 percent to over $1,500 an ounce. The company recently declared its quarterly dividend of 4.5 cents per share, an increase of 50% over its prior dividend.

Rubicon's focus is in highly prospective gold producing areas of North America. The company has properties in the Red Lake area of Ontario which have been independently documented as having as much as 20 grams of gold per ton or more.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at