Gold Stocks Under Scanner -- Barrick Gold, Yamana Gold, Kinross Gold, and IAMGOLD
NEW YORK, April 18, 2017 /PRNewswire/ --
Stock-Callers.com has initiated coverage on Barrick Gold Corp. (NYSE: ABX), Yamana Gold Inc. (NYSE: AUY), Kinross Gold Corp. (NYSE: KGC), and IAMGOLD Corp. (NYSE: IAG). According to Pictet Wealth Management, which flagged a possible retreat for Gold toward $1,100, the yellow metal may decline this year as the Federal Reserve boosts interest rates, inflation remains contained, and geopolitical risks ease. Additionally, Goldman Sachs is targeting $1,200, $1,200, and $1,250 in its three, six, and 12-month outlook for gold, as per an April 12th, 2017 report. You can access our complimentary research reports on these stocks now at:
http://stock-callers.com/registration
Barrick Gold
Shares in Toronto, Canada headquartered Barrick Gold Corp. rose 0.05%, ending Monday's trading session at $19.84. The stock recorded a trading volume of 7.01 million shares. The Company's shares have gained 4.92% in the last one month, 17.78% over the last three months, and 24.34% on an YTD basis. The stock is trading 3.79% and 9.33% above its 50-day and 200-day moving averages, respectively. 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 56.93.
On April 06th, 2017, Barrick Gold announced that it has entered into a strategic cooperation agreement with Shandong Gold Group Co., Ltd. ("Shandong"), the leading underground mining company in China. As a first step in the new partnership, Shandong will acquire 50% of the Veladero mine. As a second step, both companies will explore joint development of Pascua-Lama. As a third step, Shandong will evaluate further opportunities with Barrick Gold. Visit us today and download your complete report on ABX for free at:
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Yamana Gold
Toronto, Canada-based Yamana Gold Inc.'s stock climbed 1.29%, closing the day at $3.15 with a total trading volume of 8.53 million shares. The Company's shares have advanced 11.51% in the past month and 12.30% since the start of this year. The stock is trading 7.60% above 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 64.53.
On April 04th, 2017, Yamana Gold announced that it will release its Q1 2017 operational and financial results after market close on May 03rd, 2017, followed by a conference call and webcast on May 04th, 2017 at 8:30 a.m. ET. Additionally, the Company will host its annual meeting of shareholders on May 04th, 2017, at 11:00 a.m. ET, and an Investor Day on the afternoon of May 05th, 2017. The complimentary research report on AUY can be accessed at:
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Kinross Gold
On Monday, shares in Toronto, Canada headquartered Kinross Gold Corp. recorded a trading volume of 8.76 million shares. The stock ended the day 1.32% higher at $3.85. The Company's shares have advanced 11.92% in the past month, 14.58% in the previous three months, and 23.79% on an YTD basis. The stock is trading above its 50-day moving average by 6.38%. Furthermore, shares of Kinross Gold, which together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties, have an RSI of 64.79.
On April 04th, 2017, Kinross Gold announced that it plans to release its financial statements and operating results for Q1 2017 on Tuesday, May 02nd, 2017, after market close. On Wednesday, May 03rd, 2017, at 7:45 a.m. ET, the Company will hold a conference call and audio webcast to discuss the results, followed by a question-and-answer session. Register for free on Stock-Callers.com and download the PDF research report on KGC at:
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IAMGOLD
Toronto, Canada headquartered IAMGOLD Corp.'s stock declined 0.45%, finishing yesterday's session at $4.42 with a total trading volume of 6.45 million shares. The Company's shares have advanced 13.92% in the last one month and 14.81% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.99% and 5.46%, respectively. Additionally, shares of IAMGOLD, which explores for, develops, and operates gold mining properties in North and South America, and West Africa, have an RSI of 59.12.
On April 13th, 2017, IAMGOLD announced that it will release its Q1 2017 financial results after market hours on Tuesday, May 09th, 2017. A conference call will be held on Wednesday, May 10th, 2017, at 8:30 a.m. ET for a discussion with management regarding the Company's operating performance and financial results for Q1 2017. A webcast of the conference call will be available on the Company's website. Get free access to your research report on IAG at:
http://stock-callers.com/registration/?symbol=IAG
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