NEW YORK, November 11, 2016 /PRNewswire/ --
In today's pre-market research, Stocks-Callers.com draws attention back to some Gold equities, namely: IAMGOLD Corp. (NYSE: IAG), Eldorado Gold Corp. (NYSE: EGO), Gold Fields Ltd (NYSE: GFI), and McEwen Mining Inc. (NYSE: MUX). In early trade on Thursday, November 10, 2016, Gold steadied briefly with spot gold at $1,278.25 an ounce at 0051 GMT, and U.S. gold futures up 0.41% at $1,278.70 an ounce. Learn more about these stocks by downloading their free research reports in PDF format at:
Toronto, Canada headquartered IAMGOLD Corp.'s stock finished Thursday's session at $3.84, which was a drop of 11.72% from the last session. A total volume of 13.32 million shares was traded, which was above their three months average volume of 11.59 million shares. Over the last month and since the start of this year, the Company's shares have surged 13.61% and 170.42%, respectively. The stock is trading above its 200-day moving average by 8.11%. Moreover, shares of IAMGOLD, which explores for, develops, and operates mining properties in North and South America, and West Africa, have a Relative Strength Index (RSI) of 46.64.
On November 07th, 2016, IAMGOLD reported net earnings of $17.0 million, or $0.04 per share, for Q3 2016 compared to a net loss of $85.0 million, or $0.22 per share, in Q3 2015. The company's gold margin of $612/oz was up $282/oz from Q3 2015. Cash, cash equivalents, and restricted cash were $750.8 million as at September 30th, 2016.
On November 08th, 2016, research firm TD Securities upgraded the Company's stock rating from 'Hold' to 'Buy'. Sign up and read the free research report on IAG at:
On Thursday, Vancouver, Canada headquartered Eldorado Gold Corp.'s stock dropped 8.25%, to close the day at $2.89. A total volume of 10.04 million shares was traded, which was higher than their three months average volume of 6.42 million shares. The Company's shares are trading 20.04% below their 50-day moving average. Additionally, shares of Eldorado Gold, which together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, China, Greece, Brazil, and Romania, have an RSI of 28.70.
On October 27th, 2016, Eldorado reported that gold production totaled 117,782 ounces for Q3 2016 compared to gold production of 183,226 ounces in Q3 2015. Profit attributable to the company's shareholders was $20.7 million (or $0.03 per share) for the reported quarter compared with a loss of $96.1 million (or $0.13 per share) in Q3 2015. Moreover, average realized price of $1,335 per ounce of gold was recorded for Q3 2016. The complimentary research report on EGO can be downloaded at:
Shares in Sandton, South Africa-based Gold Fields Ltd ended yesterday's session 8.78% lower at $3.74. A total volume of 8.97 million shares was traded, which was above their three months average volume of 5.43 million shares. The stock has gained 36.37% on an YTD basis. Shares of the Company, which produces gold and holds gold reserves in South Africa, Ghana, Australia, and Peru, are trading 18.43% below their 200-day moving average. Moreover, Gold Fields' stock has an RSI of 35.35. Register for free on Stock-Callers.com and access the latest report on GFI at:
At the close, shares in Toronto, Canada headquartered McEwen Mining Inc. ended 11.45% lower at $2.94. A total volume of 6.69 million shares was traded, which was above their three months average volume of 4.43 million shares. The stock has gained 178.80% since the start of this year. The Company's shares are trading below their 200-day moving average by 2.36%. Furthermore, shares of McEwen Mining, which explores for, develops, produces, and sells precious and base metals in Argentina, Mexico, and the US, have an RSI of 36.63.
On November 05th, 2016, McEwen Mining announced the appointment of Xavier Ochoa to President and Chief Operating Officer. Xavier joined the Company this September, 2016 as McEwen Mining's COO. The company stated that the change in management represents a significant step towards reaching its operational goals and further advancing its portfolio of projects. Get free access to your research report on MUX at:
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SOURCE Chelmsford Park SA