Technical Coverage on Gold Stocks -- New Gold, AngloGold Ashanti, Banro, Golden Star Resources, and Sibanye Gold

Aug 04, 2015, 09:20 ET from www.equityresearchinstitute.com

NEW YORK, August 4, 2015 /PRNewswire/ --

Equity Research Institute has initiated coverage on the following equities: New Gold Inc. (AMEX: NGD), AngloGold Ashanti Ltd (NYSE: AU), Banro Corporation (AMEX: BAA), Golden Star Resources Ltd (AMEX: GSS) and Sibanye Gold Ltd (NYSE: SBGL). Free research report on New Gold can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=NGD. On Monday, August 03, 2015, the NASDAQ Composite ended at 5,115.38, down 0.25%, the Dow Jones Industrial Average lost 0.52%, to finish the day at 17,598.20 and the S&P 500 closed at 2,098.04, down 0.28%. The losses were broad based as seven out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.  

New Gold Inc.'s stock plummeted 7.73%, to close Monday's session at $2.03. The stock recorded a trading volume of 2.87 million shares, below its three months average volume of 3.40 million shares. Over the last one month and the previous three months, New Gold Inc.'s shares have plummeted 24.54% and 39.94%, respectively. Additionally, the stock has declined 52.79% since the start of this year. The company is trading 27.75% and 44.08% below its 50-day and 200-day moving averages, respectively. Furthermore, New Gold Inc.'s stock has a Relative Strength Index (RSI) of 28.82. Sign up and read the free notes on NGD at:

https://www.EquityResearchInstitute.com/reports?keyword=NGD

AngloGold Ashanti Ltd's stock finished Monday's session 3.43% lower at $5.91. A total of 3.13 million shares were traded, which was close to its three months average volume of 3.03 million shares. Over the last one month and the previous three months, AngloGold Ashanti Ltd's shares have plummeted 32.92% and 48.47%, respectively. Additionally, the stock has lost 32.07% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 30.04% and 39.27%, respectively. AngloGold Ashanti Ltd's stock has an RSI of 25.29. The complimentary notes on AU can be downloaded in PDF format at:

https://www.EquityResearchInstitute.com/reports?keyword=AU

On Monday, shares in Banro Corp. ended the session 3.00% lower at $0.21. The stock reported a trading volume of 0.90 million shares, much below its three months average volume of 2.36 million shares. Banro Corp.'s shares have declined 35.33% in the last one month and 14.64% in the previous three months. However, the stock has surged 52.43% on YTD basis. The company is trading 0.47% above its 200-day moving average. Moreover, shares of Banro Corp. have an RSI of 33.65. Register for free on Equity Research Institute and access the latest research on BAA at:

https://www.EquityResearchInstitute.com/reports?keyword=BAA

Golden Star Resources Ltd's stock lost 2.65%, to close the day at $0.22. The stock recorded a trading volume of 0.59 million shares, below its three months average volume of 0.92 million shares. Over the past three months and since the start of this year, Golden Star Resources Ltd's shares have gained 4.76%, each. However, the stock has declined 31.25% in the last one month. The company's shares are trading 22.67% below their 200-day moving average. Additionally, Golden Star Resources Ltd has an RSI of 34.69. The complete research on GSS is available for free at:

https://www.EquityResearchInstitute.com/reports?keyword=GSS

On Monday, shares in Sibanye Gold Ltd recorded a trading volume of 0.83 million shares, lower than their three months average volume of 0.92 million shares. The stock ended the day 5.98% lower at $5.03. Shares of the company traded at a PE ratio of 8.82. Sibanye Gold Ltd's stock has plummeted 23.90% in the last one month, 39.40% in the previous three months and 31.86% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 21.26% and 37.05%, respectively. Furthermore, shares of Sibanye Gold Ltd have an RSI of 33.57. Free in-depth research on SBGL is available at:

https://www.EquityResearchInstitute.com/reports?keyword=SBGL

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