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Moody's positive on gold miners' margins as interim earnings loom

Moody’s Investors Service says higher margins are on the cards for North American gold producers on the back of coronavirus-induced cost paring and rationalisation and the metal's price surge.

Moody's positive on gold miners' margins as interim earnings loom Moody's positive on gold miners' margins as interim earnings loom Moody's positive on gold miners' margins as interim earnings loom Moody's positive on gold miners' margins as interim earnings loom Moody's positive on gold miners' margins as interim earnings loom

Moody's expects North American gold miners to expand margins and report improved free cash flows during the looming interim financial results season

The ratings agency expects North America-based gold producers' interim earnings to show a relatively quick bounce back from pandemic-driven setbacks.