Agnico Eagle Mines
Toronto, Canada headquartered Agnico Eagle Mines Ltd's shares recorded a trading volume of 2.20 million shares, which was above their three months average volume of 1.87 million shares. The stock finished the trading session 1.49% lower at $44.95. The Company's shares have gained 72.05% since the start of this year. The stock is trading above its 200-day moving average by 2.23%. Furthermore, shares of Agnico Eagle Mines, which engages in the exploration, development, and production of mineral properties in Canada, Finland, and Mexico, have a Relative Strength Index (RSI) of 26.63.
On September 15th, 2016, the company provided an update on exploration drilling results at its Amaruq gold project in Nunavut, northern Canada. The company noted that overall mineral resources increased by 13% at the Amaruq project, drilling in the first half of 2016 has resulted in an updated inferred mineral resource estimate of 3.71 million ounces of gold as of June 30th, 2016. This represents an increase of 432,000 ounces compared to the December 31st, 2015 estimate. Moreover, open pit mineral resources increased by 33%. Visit us today and access our complete research report on AEM at: http://stock-callers.com/registration/?symbol=AEM
Last Friday, Vancouver, Canada headquartered Timmins Gold Corp.'s shares recorded a trading volume of 961,964 shares. The stock ended the session 0.24% higher at $0.42. The Company's shares have surged 207.25% on an YTD basis. The stock is trading 27.33% above its 200-day moving average. Moreover, shares of Timmins Gold, which through its subsidiaries, engages in the acquisition, exploration, development, and operation of mineral resource properties in Mexico, have an RSI of 33.31. The complimentary report on TGD can be downloaded at: http://stock-callers.com/registration/?symbol=TGD
Littleton, Colorado-based Vista Gold Corp.'s stock ended the day 4.52% higher at $0.88 with a total trading volume of 1.21 million shares. The Company's shares have skyrocketed 213.57% on an YTD basis. The stock is trading 5.87% above its 200-day moving average. Additionally, shares of Vista Gold, which focuses on the evaluation, acquisition, exploration, and advancement of gold exploration and potential development projects principally in Australia and North America, have an RSI of 35.03.
On September 1st, 2016, Vista Gold provided an update on recent transactions that have resulted in a net increase in the number and percentage of shares held by the officers and directors of the company. On August 11th, 2016 a total of 1,783,300 common shares of the company were issued to Vista Gold's officers and directors upon the vesting of Restricted Stock Units, which had been granted to the officers and directors in prior years as part of the company's Long Term Incentive Plan. As a result of the RSU vesting event, the company's officers and directors, in the aggregate, have actually increased their ownership of common shares of Vista Gold to approximately 2% (a total of 1,903,207 shares) from approximately 1% (a total of 809,907 shares). Register for free on Stock-Callers.com and access the latest research report on VGZ at: http://stock-callers.com/registration/?symbol=VGZ
Tanzanian Royalty Exploration
Shares in Toronto, Canada-based Tanzanian Royalty Exploration Corp. recorded a trading volume of 553,162 shares, which was above their three months average volume of 416,210 shares. The stock ended Friday's session 2.86% lower at $0.68. The Company's shares have soared 151.85% since the start of this year. The stock is trading above its 200-day moving average by 18.72%. Furthermore, shares of Tanzanian Royalty Exploration, which engages in the acquisition and exploration of natural resource properties in Tanzania, Africa, have an RSI of 29.69.
On September 27th, 2016, Tanzanian Royalty Exploration announced that it has closed the second tranche of a $5 million private placement of securities with Crede CG III, Ltd, a wholly-owned subsidiary of Crede Capital Group, LLC. Funds will be used by the company to expand its production team necessary to bolster development of its Buckreef gold mine in Tanzania. In the second round of the financing, the company privately placed convertible notes and warrants for US$3.75 million. On September 1st, 2016, the company placed common stock and warrants for US$1.25 million. Get free access to your research report on TRX at: http://stock-callers.com/registration/?symbol=TRX
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