Today's Technical View: IAMGOLD Corp., Gold Fields Ltd, NovaGold Resources Inc., and Great Panther Silver Ltd Editor Note: For more information about this release, please scroll to bottom.
LONDON, September 20, 2013 /PRNewswire/ --
On Thursday, September 19, 2013, the S&P 500 ended the day at 1,722.34, down 0.18%; the Dow Jones Industrial Average closed at 15,636.55, down 0.26%; while the NASDAQ Composite finished at 3,789.38, up 0.15%. Shares in the basic materials-precious metals sector ended lower, even as the broader market fluctuated between gains and losses. The major movers in the sector included IAMGOLD Corporation (NYSE: IAG), Gold Fields Ltd. (NYSE: GFI), NovaGold Resources Inc. (NYSE MKT: NG), and Great Panther Silver Ltd. (NYSE MKT: GPL). All these companies are tracked by AAAResearchReports.com. Free in-depth technical analysis on IAG, GFI, NG, and GPL are currently available upon signing up at:
IAMGOLD Corp.'s stock fell sharply by 1.70% on Thursday, reversing some of the gains from the previous trading session. The company's shares closed the day at $5.79, after trading between $5.63 and $6.10. A total of 12.23 million shares were traded, which is above the daily average volume of 8.00 million. Despite Thursday's pullback, the company's shares have surged 11.99% in the previous three trading sessions and 17.68% in the last three months, outperforming the S&P 500 which has gained 1.46% and 5.73% during the respective periods. Furthermore, IAMGOLD Corp.'s stock is trading above its 50-day moving average of $5.43. Sign up for free technical analysis on IAG at:
On Thursday, shares in Gold Fields Ltd plummeted 5.35% to close at $4.95 after vacillating between $4.85 and $5.21 during the trading session. A total of 10.43 million shares were traded, which is above the daily average volume of 6.16 million. Despite Thursday's losses, the company's shares have gained 6.00% in the previous three trading sessions, compared to a gain of 1.46% in the S&P 500 during the same period. Moreover, Gold Fields Ltd's stock is trading below its 50-day and 200-day moving averages of $5.51 and $7.38, respectively. Download free report on GFI by registering at:
Shares in NovaGold Resources Inc. also plummeted on Thursday, reversing the gains from the previous trading session. The company's shares traded between $2.58 and $2.82 before finishing the day 6.47% lower at $2.60. A total of 2.72 million shares were traded, which is above the daily average volume of 2.04 million. Despite Thursday's sharp decline, the company's stock has advanced 15.04% in the previous three months, compared to a gain of 5.73% in the S&P 500 during the same period. Additionally, NovaGold Resources Inc.'s shares are trading below their 50-day and 200-day moving averages of $2.72 and $3.28, respectively. The free report on NG can be downloaded by signing up now at:
Great Panther Silver Ltd's stock ended flat on Thursday as the broader market fluctuated between gains and losses. The company's shares closed the day at the previous day's closing price of $1.07 after oscillating between $1.05 and $1.14 during the trading session. A total of 0.91 million shares were traded, which is above the daily average volume of 0.58 million. The company's shares have surged 11.46% in the previous three trading sessions and 37.18% in the last three months, outperforming the S&P 500 which has gained 1.46% and 5.73% during the respective periods. Further, Great Panther Silver Ltd's stock is trading above its 50-day moving average of $0.98. A free report on GPL can be accessed by registering at:
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SOURCE AAA Research Reports