NEW YORK, December 6, 2016 /PRNewswire/ --
Stock-Callers.com is closely eyeing the Gold segment which, according to an article on Gulf News, could continue to be under pressure this week as the U.S. Federal Reserve is set to adjust the interest rates once it wraps up its meeting in the next few days. Under evaluation today are: Kinross Gold Corp. (NYSE: KGC), Goldcorp Inc. (NYSE: GG), B2Gold Corp. (NYSE MKT: BTG), and New Gold Inc. (NYSE MKT: NGD). Learn more about these stocks by downloading their free research reports in PDF format at:
On Monday, shares in Toronto, Canada headquartered Kinross Gold Corp. recorded a trading volume of 14.85 million shares. The stock ended at $3.41, declining 1.73% from the last trading session. The Company's shares have advanced 87.36% since the start of this year. The stock is trading below its 50-day moving average by 8.56%. Furthermore, shares of Kinross Gold, which together with its subsidiaries, engages in the acquisition, exploration, development, and production of gold properties, have a Relative Strength Index (RSI) of 47.19.
On November 2nd, 2016, Kinross Gold reported Q3 2016 net earnings of $2.5 million, or $0.00 per share, compared to a loss of $52.7 million, or $0.05 per share, in Q3 2015. Kinross ended Q3 2016 with cash and cash equivalents of $756.4 million and total liquidity of approximately $2.2 billion. The Company has no debt maturities until 2020. The company generated revenue of $910.2 million in Q3 2016, compared to $809.4 million in Q3 2015.
Yesterday, research firm Citigroup downgraded the Company's stock rating from 'Neutral' to 'Sell'. Sign up and read the free research report on KGC at:
Vancouver, Canada headquartered Goldcorp Inc.'s stock saw a slight drop of 0.52%, finishing yesterday's session at $13.49. A total volume of 8.77 million shares was traded, which was above their three months average volume of 8.44 million shares. The Company's shares have gained 17.47% on an YTD basis. The stock is trading below its 50-day moving average by 7.68%. Additionally, shares of Goldcorp, which engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the US, Mexico, and Central and South America, have an RSI of 46.13.
On December 5th, 2016, Goldcorp declared its quarterly dividend for the three month period ended December 31st, 2016 of $0.02 per share. Shareholders of record as of the close of business on December 15th, 2016 will be entitled to receive payment on December 23rd, 2016. The complimentary research report on GG can be downloaded at:
Shares in Vancouver, Canada headquartered B2Gold Corp. ended Monday's session 0.40% lower at $2.46. The stock recorded a trading volume of 4.69 million shares. The Company's shares have surged 141.18% since the start of this year. The stock is trading 4.58% above its 200-day moving average. Moreover, shares of B2Gold, which engages in the acquisition, exploration, and development of mineral properties in Nicaragua, the Philippines, Namibia, Mali, Colombia, Burkina Faso, Finland, and Chile, have an RSI of 49.68.
On November 3rd, 2016, B2Gold reported that consolidated gold revenue in Q3 2016 was a quarterly record $193 million on record sales of 145,029 ounces at an average price of $1,331 per ounce, compared to $139.3 million on sales of 124,481 ounces at an average price of $1,119 per ounce in Q3 2015. In the reported quarter, the company's cash flow from operating activities was $90.3 million ($0.10 per share), up 266% from $33.9 million ($0.04 per share) in Q3 2015. B2Gold generated net income of $35.7 million, or $0.04 per share, in Q3 2016, compared to a net loss of $13.6 million, or negative $0.02 per share, in Q3 2015. Register for free on Stock-Callers.com and access the latest report on BTG at:
At the close, Toronto, Canada headquartered New Gold Inc.'s stock rose 2.20%, finishing at $3.71. A total volume of 4.44 million shares was traded. The Company's shares have gained 59.91% on an YTD basis. The stock is trading 7.06% below its 50-day moving average. Additionally, shares of New Gold, which engages in the development and operation of mineral properties, have an RSI of 46.77.
On November 15th, 2016, New Gold announced that the company has received approval to commence construction of the tailings management facility at its Rainy River project, located in northwestern Ontario. Separately, New Gold has entered into hedges to lock in current copper prices for a portion of the company's H1 FY17 copper production. Get free access to your research report on NGD at:
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