NEW YORK, February 10, 2017 /PRNewswire/ --
Today, Stock-Callers.com presents for review Agnico Eagle Mines Ltd (NYSE: AEM), Timmins Gold Corp. (NYSE MKT: TGD), Randgold Resources Ltd (NASDAQ: GOLD), and Banro Corp. (NYSE MKT: BAA). According to Zacks' Gold Mining Stock Outlook for February 2017, the sector's earnings is projected to rise 3.9% in the fourth quarter of 2016, taking into account all the companies that are yet to report. Positive growth will continue in 2017, with Q1 earnings expected to grow 7.7%, followed by 4.9%, 6.2% and 21.1% in the second, third, and fourth quarters, respectively. These stocks research reports can be downloaded now by simply registering for free at:
Agnico Eagle Mines
Toronto, Canada headquartered Agnico Eagle Mines Ltd's stock finished Thursday's session 1.30% lower at $50.20 with a total trading volume of 1.01 million shares. Over the last month and the previous three months, the Company's shares have advanced 13.19% and 1.25%, respectively. Additionally, the stock has gained 19.52% since the start of this year. Shares of the Company are trading above their 50-day and 200-day moving averages by 16.16% and 3.22%, respectively. Moreover, 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 68.41.
On January 10th, 2017, Agnico Eagle announced that it will release its Q4 and full year 2016 results on February 15th, 2017, after normal trading hours. Agnico Eagle's senior management will host a conference call on February 16th, 2017, at 11:00 AM ET to discuss the Company's Q4 and full year financial and operating results. Your complete research report on AEM can be retrieved for free at:
Shares in Vancouver, Canada headquartered Timmins Gold Corp. declined 3.09%, ending yesterday's session at $0.39. A total volume of 1.33 million shares was traded, which was above their three months average volume of 1.21 million shares. The stock has gained 19.03% in the past month and 24.51% on an YTD basis. The Company's shares are trading 12.60% above their 50-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 54.53.
On January 17th, 2017, Timmins Gold announced that Greg McCunn will succeed Mark Backens as its new Chief Executive Officer effective February 01st, 2017. In addition to the role of CEO, Mr. McCunn will also serve as a director on the Company's board of directors. Mr. McCunn is a mining executive with 25 years of executive and management experience in finance, operations, project engineering, project construction, and corporate development. Most recently, he was Chief Financial Officer of Asanko Gold. A free report on TGD is just a click away at:
On Thursday, St Helier, Channel Islands-based Randgold Resources Ltd's stock saw a drop of 2.17%, to close the day at $92.88. A total volume of 986,616 shares was traded. The Company's shares have advanced 13.81% in the last one month, 10.95% in the previous three months, and 21.67% on an YTD basis. The stock is trading 18.25% and 0.61% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Randgold Resources, which together with its subsidiaries, engages in exploring, developing, and operating gold mines in west and east Africa, have an RSI of 70.71.
On January 31st, 2017, research firm Credit Suisse downgraded the Company's stock rating from 'Outperform' to 'Neutral'.
On February 06th, 2017, Randgold Resources announced that it increased production for the sixth successive year in 2016 while reducing total cash cost per ounce. The Company stated that with profit of $294.2 million up 38% on the previous year, the board has proposed a 52% increase in the dividend to $1.00 per share. Randgold stated that its Flagship Loulo-Gounkoto in Mali exceeded its annual guidance by 37 000 ounces. Sign up for your complimentary research report on GOLD at:
Shares in Toronto, Canada headquartered Banro Corp. ended the day 2.23% lower at $0.16 with a total trading volume of 1.29 million shares. The stock is trading below its 50-day moving average by 13.07%. Shares of the Company, which together with its subsidiaries, engages in the exploration, development, and production of mineral properties, have an RSI of 38.72.
On February 07th, 2017, Banro reported that a group of armed robbers attempted to enter the gate of Banro's Twangiza mine site camp. In the process of this robbery attempt, three mine police officers and one of the armed robbers were killed, and a security guard was injured. The Company stated that no items were stolen and operations continue as normal. Register for free on Stock-Callers.com and download the latest research report on BAA at:
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