NEW YORK, March 7, 2017 /PRNewswire/ --
Stock-Callers.com today presents four Gold equities for assessment, and they are: Golden Star Resources Ltd (NYSEMKT: GSS), Alamos Gold Inc. (NYSE: AGI), NovaGold Resources Inc. (NYSEMKT: NG), and Jagged Peak Energy Inc. (NYSE: JAG). According to a report by the World Gold Council, six major trends in the global economy will support Gold demand and influence its performance this year. These trends are heightened political and geopolitical risks, currency depreciation, rising inflation expectations, inflated stock market valuations, long-term Asian growth, and the opening of new markets. Learn more about these stocks by downloading their free research reports in PDF format at:
Golden Star Resources
On Monday, shares in Toronto, Canada headquartered Golden Star Resources Ltd recorded a trading volume of 3.43 million shares, which was higher than their three months average volume of 3.16 million shares. The stock ended the day at $0.71, dropping 5.28% from the last trading session. The Company's shares are trading below their 200-day moving average by 8.55%. Furthermore, shares of Golden Star Resources, which operates as a gold mining and exploration Company, have a Relative Strength Index (RSI) of 29.65.
On March 06th, 2017, Golden Star reported the remaining results from the in-fill drilling program at its Wassa Underground Gold Mine in Ghana. The program targeted the high grade B Shoot zone of Wassa Underground, focusing on the areas that are expected to be mined with transverse stoping. Sign up and read the free research report on GSS at:
Toronto, Canada headquartered Alamos Gold Inc.'s stock saw a drop of 5.78%, finishing yesterday's session at $6.68. A total volume of 5.06 million shares was traded, which was higher than their three months average volume of 3.14 million shares. The Company's shares have gained 8.97% over the previous three months. The stock is trading below its 50-day moving average by 14.62%. Additionally, shares of Alamos Gold, which together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America, have an RSI of 33.78.
On February 10th, 2017, research firm RBC Capital Markets downgraded the Company's stock rating from 'Outperform' to 'Sector Perform' while revising its previous target price from $8.50 a share to $9 a share.
On February 23rd, 2017, Alamos Gold reported its updated mineral reserves and resources as of December 31st, 2016. Alamos Gold's global proven and probable mineral reserves increased 31%, or 1.8 million ounces, to total 7.7 million ounces of gold, reflecting a significant increase in mineral reserves at La Yaqui and the declaration of initial mineral reserves at Kirazlı and Ağı Dağı. The Company's combined proven and probable mineral reserves at La Yaqui increased to 608,000 ounces of gold, a 519,000 ounce increase. Combined mineral reserves and resources at La Yaqui increased 113% to 684,000 ounces through a very successful 2016 exploration program. The complimentary research report on AGI can be downloaded at:
Shares in Vancouver, Canada-based NovaGold Resources Inc. ended the session 4.52% lower at $4.86. The stock recorded a trading volume of 2.77 million shares, which was above its three months average volume of 2.33 million shares. The Company's shares have gained 6.81% over the previous three months and 6.58% on an YTD basis. The stock is trading 6.55% below its 50-day moving average. Moreover, shares of NovaGold Resources, which explores and develops mineral properties in Canada and the US, have an RSI of 35.22. Register for free on Stock-Callers.com and access the latest report on NG at:
Jagged Peak Energy
At the closing bell on Monday, Denver, Colorado headquartered Jagged Peak Energy Inc.'s stock declined 1.11%, finishing at $13.38. A total volume of 447,823 shares was traded. Shares of the Company, which focuses on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware basin, a sub-basin of the Permian basin of West Texas, are trading 5.33% and 5.33% below their 50-day and 200-day moving averages, respectively.
As per a SEC filing dated February 07th, 2017, in connection with the closing of the Offering, on February 01st, 2017, the Company entered into a registration rights agreement with Q-Jagged Peak Energy Investment Partners, LLC, Gregory S. Hinds (the Company's Executive Vice President, Development Planning & Acquisitions), Robert W. Howard (the Company's Executive Vice President, Chief Financial Officer), Joseph N. Jaggers (the Company's Chairman, Chief Executive Officer and President) and Mark R. Petry (the Company's Executive Vice President, Land).
On February 22nd, 2017, research firm Citigroup initiated a 'Buy' rating on the Company's stock, with a target price of $19 per share. Get free access to your research report on JAG at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA