NEW YORK, June 6, 2017 /PRNewswire/ --
This morning, DailyStockTracker.com has initiated coverage on Barrick Gold Corp. (NYSE: ABX), Yamana Gold Inc. (NYSE: AUY), New Gold Inc. (NYSE MKT: NGD), and Harmony Gold Mining Co. Ltd (NYSE: HMY). According to Nikos Kavalis, director and founding partner of Metals Focus Ltd, an independent consultancy, gold prices will probably increase to a four-year high above $1,400 an ounce this year as a "less than inspiring" recovery means the Federal Reserve would not step up the pace of increases in borrowing costs, leaving real rates in negative territory. Toronto-Dominion Bank's Bart Melek also said that gold may touch $1,300, with a $1,275 average, in the fourth quarter. Access DailyStockTracker.com's complimentary reports for today's stocks line-up at:
Shares in Toronto, Canada headquartered Barrick Gold Corp. saw a slight decline of 0.06%, ending Monday's trading session at $16.19. The stock recorded a trading volume of 6.86 million shares. The Company's shares have gained 1.19% in the last one month and 1.31% on an YTD basis. The stock is trading 7.08% below its 200-day moving average. Moreover, shares of Barrick Gold, which engages in the exploration and development of mineral properties in the US, Canada, Australia, Argentina, Chile, Peru, the Dominican Republic, Papua New Guinea, Tanzania, Zambia, and Saudi Arabia, have a Relative Strength Index (RSI) of 37.92.
On May 29th, 2017, Barrick Gold reported that members of the AOMA union at the Veladero mine in San Juan province, Argentina have ended a work stoppage that began on May 28th, 2017. The Company continues to anticipate the resumption of normal leaching activities at Veladero in the second half of June, subject to approval by San Juan regulatory and judicial authorities. Visit us today and access your complete report on ABX for free at:
Toronto, Canada-based Yamana Gold Inc.'s stock closed the day flat at $2.57 with a total trading volume of 6.83 million shares. The Company's shares have advanced 5.33% in the past month and 1.18% in the previous three months. The stock is trading 7.42% below its 50-day moving average. Additionally, shares of Yamana Gold, which operates as a gold producer in Canada, Brazil, Chile, and Argentina, have an RSI of 40.93. The complimentary research report on AUY can be accessed at:
On Monday, shares in Toronto, Canada headquartered New Gold Inc. recorded a trading volume of 2.71 million shares. The stock ended the day 1.03% lower at $2.89. The Company's shares have advanced 9.47% in the past month and 4.33% in the previous three months. The stock is trading below its 50-day moving average by 3.18%. Furthermore, shares of New Gold, which engages in the development and operation of mineral properties, have an RSI of 47.54.
On May 18th, 2017, New Gold announced that it has completed its offering of $300 million aggregate principal amount of 6.375% Senior Notes due 2025 (the "Notes"). The Company intends to use the net proceeds from the offering of the Notes, together with cash on hand, to fund the redemption of its outstanding $300 million 7.00% Senior Notes due 2020. Register for free on DailyStockTracker.com and download the research report on NGD at:
Harmony Gold Mining
Randfontein, South Africa-based Harmony Gold Mining Co. Ltd's stock dropped 1.04%, finishing yesterday's session at $1.91 with a total trading volume of 3.73 million shares. The Company's shares are trading below their 50-day moving average by 18.11%. Shares of the Company, which engages in the exploration and mining of gold in South Africa and Papua New Guinea, have an RSI of 27.60. Get free access to your research report on HMY at:
Daily Stock Tracker:
Daily Stock Tracker (DST) 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. DST 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.
DST 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@example.com. 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 DST. DST 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.
DST, 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. DST, 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, DST, 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 DST 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: (207) 331.3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA