NEW YORK, January 27, 2017 /PRNewswire/ --
Today's attention is directed to Gold which is forecasted to average at $1,259 an ounce in 2017. According to a report by GFMS analysts at Thomson Reuters, political tensions linked to the new Trump presidency in the US, the progress of Britain's departure from the European Union, and a host of elections in Europe may spark renewed Gold demand later in the year. Today, Stock-Callers.com takes a closer look at Barrick Gold Corp. (NYSE: ABX), Yamana Gold Inc. (NYSE: AUY), Kinross Gold Corp. (NYSE: KGC), and Goldcorp Inc. (NYSE: GG) to see how they fared over the last few trading sessions. Learn more about these stocks by downloading their free research reports in PDF format at:
On Thursday, shares in Toronto, Canada headquartered Barrick Gold Corp. recorded a trading volume of 19.27 million shares, which was above their three months average volume of 18.94 million shares. The stock ended at $17.87, declining 1.05% from the last trading session. The Company's shares have gained 22.82% in the last one month, 5.95% over the previous three months, and 11.83% on an YTD basis. The stock is trading above its 50-day moving average by 13.46%. Furthermore, 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 66.47.
On January 03rd, 2017, Barrick Gold announced that it will release its Q4 2016 results on February 15th, 2017 after market close, followed by a conference call and webcast on February 16th, 2017 at 9:00 am ET. Sign up and read the free research report on ABX at:
Toronto, Canada-based Yamana Gold Inc.'s stock finished yesterday's session 2.46% lower at $3.17 with a total trading volume of 8.35 million shares. The Company's shares have gained 25.04% in the last one month and 12.81% on an YTD basis. The stock is trading above its 50-day moving average by 6.21%. Furthermore, shares of Yamana Gold, which engages in the exploration and development of precious metal properties in Brazil, Argentina, Chile, Mexico, and Canada, have an RSI of 54.78.
On January 13th, 2017, research firm Credit Suisse downgraded the Company's stock rating from 'Outperform' to 'Neutral'.
On January 17th, 2017, Yamana Gold announced resumption of operations at its El Peñón mine in Chile, after successfully concluding negotiations leading to collective bargaining agreements with two unions representing underground workers. The Company stated that the collective bargaining agreements are for terms of 40 and 48 months, and are in-line with its preceding final offer. The complimentary research report on AUY can be downloaded at:
At the closing bell on Thursday, shares in Toronto, Canada headquartered Kinross Gold Corp. saw a drop of 3.23%, ending the day at $3.59. The stock recorded a trading volume of 11.22 million shares. The Company's shares have advanced 22.11% in the last one month and 15.43% since the start of this year. The stock is trading 7.62% above its 50-day moving average. Moreover, shares of Kinross Gold, which together with its subsidiaries, engages in the acquisition, exploration, development, and production of gold properties, have an RSI of 56.96.
On January 09th, 2017, Kinross Gold announced that it will release its Q4 2016 and full year 2016 financial statements and operating results on February 15th, 2017, after market close. The Company will also provide its full-year 2017 guidance, mineral reserve and mineral resource statement as of December 31st, 2016, and an exploration update. Kinross will hold a conference call and audio webcast on February 16th, 2017 at 8 a.m. ET to present the results. Register for free on Stock-Callers.com and access the latest report on KGC at:
Vancouver, Canada headquartered Goldcorp Inc.'s stock ended the day 2.50% lower at $15.62 with a total trading volume of 7.16 million shares. The Company's shares have gained 23.97% in the last month, 0.34% over the previous three months, and 14.85% on an YTD basis. The stock is trading 13.90% above its 50-day moving average. Additionally, 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 66.70.
On January 16th, 2017, Goldcorp announced preliminary gold production for Q4 2016 and full year 2016 of 761,000 ounces and 2,873,000 ounces, respectively. Goldcorp's full year 2016 financial results will be released on February 15th, 2017. The Company expects to produce approximately 2.5 million ounces (+/- 5%) of gold in full year 2017, and all-in sustaining costs (AISC) are expected to be approximately $850 per ounce (+/- 5%). Get free access to your research report on GG at:
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