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Precious-Metals Equities: A Pocket of Cheapness in a Fairly Valued Market?

Gold-mining stocks look cheap, but investors should move in with care.

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Note: This article is part of Morningstar's December 2014 Guide to Better Investment Picking special report. An earlier version of this article appeared Oct. 29, 2014.

The pickings have been slim--and getting slimmer--for bargain-hunting investors. 

Christine Benz does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.