Research Report on These Gold Equities -- Barrick Gold, Kinross Gold, Vista Gold, and Sandstorm Gold
NEW YORK, August 5, 2016 /PRNewswire/ --
Gold prices have escalated 27% this year and continue to rise amid a rocky market and weak financial system. Stock-Callers.com reviews the following equities and see where they stand in the market today: Barrick Gold Corp. (NYSE: ABX), Kinross Gold Corp. (NYSE: KGC), Vista Gold Corp. (NYSEMKT: VGZ), and Sandstorm Gold Ltd (NYSEMKT: SAND). Learn more about these stocks by accessing their free research reports at:
http://stock-callers.com/registration
Barrick Gold
Toronto, Canada headquartered Barrick Gold Corp.'s stock finished Thursday's session at $22.37, slightly down 0.22%. A total volume of 12.07 million shares was traded. Over the previous three months and since the start of this year, the Company's shares have surged 25.33% and 203.92%, respectively. The stock is trading above its 50-day and 200-day moving averages by 10.53% and 63.86%, respectively. Moreover, shares of Barrick Gold, which produces and sells gold and copper, have a Relative Strength Index (RSI) of 59.84.
On July 27th, 2016, Barrick Gold reported net earnings of $138 million ($0.12 per share), and adjusted net earnings of $158 million ($0.14 per share) for Q2 2016. The company reported revenues of $2.01 billion in Q2 2016. Barrick generated $274 million in free cash flow in Q2, marking five consecutive quarters of positive free cash flow.
On August 02nd, 2016, research firm Citigroup initiated a 'Buy' rating on the Company's stock, issuing a target price of $29 per share. Free research report on ABX is available at:
http://stock-callers.com/registration/?symbol=ABX
Kinross Gold
Shares in Toronto, Canada headquartered Kinross Gold Corp. ended yesterday's session 1.47% higher at $5.51 with a total volume of 13.38 million shares traded. The stock has gained 4.16% in the previous three months and 202.75% on an YTD basis. The Company's shares are trading 9.11% above their 50-day moving average and 62.17% above their 200-day moving average. Moreover, shares of Kinross Gold, which together with its subsidiaries, engages in the acquisition, exploration, development, and production of gold properties, have an RSI of 58.37.
On July 27th, 2016, Kinross Gold reported revenue of $876.4 million for Q2 2016, compared to $755.2 million in Q2 2015. Reported net loss was $25.0 million, or $0.02 per share, compared to a loss of $83.2 million, or $0.07 per share, in Q2 2015.
On August 02nd, 2016, research firm Citigroup initiated a 'Neutral' rating on the Company's stock, issuing a target price of $5.50 per share. The complimentary research report on KGC can be downloaded at:
http://stock-callers.com/registration/?symbol=KGC
Vista Gold
On Thursday, Littleton, Colorado-based Vista Gold Corp.'s stock saw a drop of 2.38%, to close the day at $1.23. A total volume of 2.58 million shares was traded, which was above their three months average volume of 1.67 million shares. The Company's shares have advanced 64.00% in the previous three months and 339.29% on an YTD basis. The stock is trading 86.62% 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 41.52.
On August 01st, 2016, Vista Gold posted net income of $1.6 million or $0.02 per share for Q2 2016 against net income of $3.6 million or $0.04 per share for Q2 2015. Vista Gold's working capital at June 30, 2016 totaled approximately $16.0 million, including cash and short-term investments (comprised of government securities) of approximately $10.3 million. The Company has no debt. Visit us today and access our complete research report on VGZ at:
http://stock-callers.com/registration/?symbol=VGZ
Sandstorm Gold
Shares in Vancouver, Canada headquartered Sandstorm Gold Ltd ended the day 2.06% higher at $5.94. A total volume of 1.48 million shares was traded, which was above their three months average volume of 1.44 million shares. The stock has gained 17.86% in the last one month, 51.53% in the previous three months, and 125.86% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 28.17% and 73.39%, respectively. Furthermore, shares of Sandstorm Gold, which focuses on acquiring gold and other precious metal purchase agreements and royalties from companies that have advanced stage development projects or operating mines, have an RSI of 68.89.
On July 11th, 2016, research firm TD Securities upgraded the Company's stock rating from 'Hold' to 'Buy'.
On August 03rd, 2016, Sandstorm Gold reported Q2 2016 revenue of $15.7 million as compared to revenue of $15.4 million in Q2 2015. The company reported net income of $5.2 million for Q2 FY16 against a $13.4 million loss in Q2 FY15. Get free access to your research report on SAND at:
http://stock-callers.com/registration/?symbol=SAND
--
Stock Callers:
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 [email protected]. 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.
NO WARRANTY
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
http://stock-callers.com/legal-disclaimer/
CONTACT
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:
Email: [email protected]
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
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article