Are Gold Miners A Buy At These Levels?

With the price of gold at relatively depressed levels, could now be the time to buy the miners?

After reporting earnings, three primary gold miners, for the most part, did not surprise market watchers. Yet it was the price assumptions for gold that might be worth noting.  Gold miners wrote down reserve estimates and took some degree of write-down in the 4th quarter of 2013, a report from Citi noted. Going into year-end reporting, Barrick Gold Corp. (TSE:ABX) (NYSE:ABX) had the most aggressive price assumption built into their model, at $1,500 per ounce.  But coming out of 2013, their gold pricing model was at $1,100 per ounce. Kinross Gold Corporation (NYSE:KGC) (TSE:K) had a $1,200 price target and Goldcorp Inc. (NYSE:GG) (TSE:G)...