Gold Stocks Under Review -- Barrick Gold, Yamana Gold, Kinross Gold, and Goldcorp
NEW YORK, September 14, 2016 /PRNewswire/ --
Stock-Callers.com is reviewing the following Gold stocks ahead of today's trading session: Barrick Gold Corp. (NYSE: ABX), Yamana Gold Inc. (NYSE: AUY), Kinross Gold Corp. (NYSE: KGC), and Goldcorp Inc. (NYSE: GG). Gold futures rebounded on Tuesday, September 13, 2016, after falling a fourth straight day on Monday due to Fed comments regarding monetary policy. December Gold advanced $9.20, or 0.7%, to $1,334.70 an ounce on Tuesday at 2:05 am GMT. Learn more about these stocks by downloading their free research reports in PDF format at:
http://stock-callers.com/registration
Barrick Gold
Toronto, Canada headquartered Barrick Gold Corp.'s stock finished Tuesday's session at $17.29, which was a decline of 2.70%. A total volume of 14.61 million shares was traded. Since the start of this year, the Company's shares have surged 135.16%. The stock is trading above its 200-day moving average by 13.05%. 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 35.05.
On September 07th, 2016, research firm Berenberg initiated a 'Sell' rating on the Company's stock.
On September 12th, 2016, Barrick Gold and Cisco announced that they will partner for the digital reinvention of Barrick's business, bringing together cutting-edge technology and expertise to unleash the full potential of mining. In the first step of the collaboration, Barrick and Cisco will work together to develop a flagship digital operation at the Cortez mine in Nevada-embedding digital technology in every dimension of the mine to deliver better, faster, and safer mining. Advanced sensing technology and real-time operational data will be used to inform decision-making. Equipment will be automated for increased productivity, while predictive algorithms will enhance the precision and speed of maintenance and metallurgy. Sign up and read the free research report on ABX at:
http://stock-callers.com/registration/?symbol=ABX
Yamana Gold
Shares in Toronto, Canada-based Yamana Gold Inc. ended yesterday's session 3.90% lower at $4.44. A total volume of 17.57 million shares was traded, which was above their three months average volume of 16.76 million shares. The stock has gained 139.36% on an YTD basis. The Company's shares are trading 18.02% above their 200-day moving average. Moreover, shares of Yamana Gol, which engages in the exploration and development of precious metal properties in Brazil, Argentina, Chile, Mexico, and Canada, have an RSI of 39.95. The complimentary research report on AUY can be downloaded at:
http://stock-callers.com/registration/?symbol=AUY
Kinross Gold
On Tuesday, Toronto, Canada headquartered Kinross Gold Corp.'s stock saw a decline of 5.63%, to close the day at $4.02. A total volume of 21.47 million shares was traded, which was higher than their three months average volume of 16.66 million shares. The Company's shares have advanced 120.88% on an YTD basis. The stock is trading 6.57% above its 200-day moving average. Additionally, shares of Kinross Gold, which together with its subsidiaries, engages in the acquisition, exploration, development, and production of gold properties, have an RSI of 35.32.
On August 17th, 2016, Kinross Gold announced that Warwick Morley-Jepson, Executive Vice-President and Chief Operating Officer, he will be leaving the Company at year-end to pursue new opportunities. Lauren Roberts, a 25-year veteran of the gold mining industry, has been appointed the new COO, effective January 1st, 2017.
On September 07th, 2016, research firm Berenberg initiated a 'Buy' rating on the Company's stock. Register for free on Stock-Callers.com and access the latest report on KGC at:
http://stock-callers.com/registration/?symbol=KGC
Goldcorp
Shares in Vancouver, Canada headquartered Goldcorp Inc. ended the day 4.20% lower at $15.74. A total volume of 11.37 million shares was traded, which was above their three months average volume of 8.92 million shares. The stock has gained 36.90% since the start of this year. The Company's shares are trading below their 200-day moving average by 0.77%. Furthermore, shares of Goldcorp, which engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the US, Mexico, and Central and South America, have an RSI of 38.19.
On September 02nd, 2016, Goldcorp announced quarterly dividend for the three month period ended September 30th, 2016 of $0.02 per share. Shareholders of record as of the close of business on September 15th, 2016 will be entitled to receive payment on September 23rd, 2016. Pursuant to tax legislation enacted in 2007, Canadian resident individuals who receive "eligible dividends" in 2006 and subsequent years will be entitled to an enhanced gross-up and dividend tax credit on such dividends. All dividends paid in 2006 and subsequent years by Goldcorp are "eligible dividends" for this purpose.
On September 08th, 2016, research firm National Bank Financial initiated an 'Outperform' rating on the Company's stock. Get free access to your research report on GG at:
http://stock-callers.com/registration/?symbol=GG
--
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
Share this article