NEW YORK, June 19, 2017 /PRNewswire/ --
Gold is often considered as a safe-haven asset in times of political and economic turmoil. Global political uncertainty is one of the main factors that have driven the demand for gold this year. In today's pre-market research, DailyStockTracker.com scans the most recent performances of the following equities: Richmont Mines Inc. (NYSE: RIC), Seabridge Gold Inc. (NYSE: SA), Royal Gold Inc. (NASDAQ: RGLD), and Franco-Nevada Corp. (NYSE: FNV). Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at:
Last Friday, shares in Rouyn-Noranda, Canada headquartered Richmont Mines Inc. ended the session flat at $7.20. The stock recorded a trading volume of 3.74 million shares, which was above its three months average volume of 568,670 shares. The Company's shares have advanced 10.77% on an YTD basis. The stock is trading below its 50-day moving average by 3.07%. Furthermore, shares of Richmont Mines, which engages in the mining, exploration, and development of mining properties in Canada, have a Relative Strength Index (RSI) of 44.80.
On May 29th, 2017, Richmont Mines announced positive results from an Expansion Case Preliminary Economic Assessment completed on the Island Gold Mine in northern Ontario, Canada. The study confirms that the increase in underground mine and mill productivity to 1,100 tonnes per day will support strong production growth of 22% at low industry cash costs and a robust cash flow stream over the eight-year Phase 1 period, with low incremental capital of $28.2 (US$20.9) million required. RIC complete research report is just a click away at:
Toronto, Canada-based Seabridge Gold Inc.'s stock finished flat at $9.75. A total volume of 3.00 million shares was traded, which was above their three months average volume of 808,670 shares. The Company's shares have gained 19.63% on an YTD basis. The stock is trading below its 200-day moving average by 6.33%. Moreover, shares of Seabridge Gold, which together with its subsidiaries, engages in the acquisition and exploration of gold properties located in North America, have an RSI of 38.65.
On June 07th, 2017, Seabridge Gold announced that it has completed the acquisition of a 100% interest in the Snowstorm Project from PFR Gold Holdings, L.P. The project consists of 31 square miles of land holdings strategically located at the projected intersection of three of the most important gold trends in Northern Nevada: the Carlin Trend, the Getchell Trend, and the Northern Nevada Rift Zone. The complimentary report on SA can be downloaded at:
Shares in Denver, Colorado-based Royal Gold Inc. closed the day 0.56% lower at $75.03. The stock recorded a trading volume of 956,828 shares, which was above its three months average volume of 592,940 shares. The Company's shares have gained 15.72% over the previous three months and 18.44% since the start of this year. The stock is trading above its 200-day moving average by 5.72%. Moreover, shares of Royal Gold, which together with its subsidiaries, acquires and manages precious metals royalties, metal streams, and similar interests, have an RSI of 40.00.
On May 31st, 2017, Royal Gold announced that its Board of Directors declared its third quarter dividend of $0.24 per share of common stock. The dividend is payable on July 21st, 2017, to shareholders of record at the close of business on July 07th, 2017. Sign up for your complimentary report on RGLD at:
Toronto, Canada headquartered Franco-Nevada Corp.'s shares recorded a trading volume of 1.12 million shares last Friday, which was above their three months average volume of 717,710 shares. The stock closed 0.06% higher at $71.99. The Company's shares have advanced 11.44% in the previous three months and 20.47% since the start of this year. The stock is trading 2.18% and 9.46% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Franco-Nevada, which operates as a gold-focused royalty and stream company in the US, Canada, Mexico, Peru, Chile, and Africa, have an RSI of 47.81. Download the research report for free on FNV at:
Daily Stock Tracker:
Daily Stock Tracker (DST) 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. DST 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.
DST 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 firstname.lastname@example.org. 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 DST. DST 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.
DST, 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. DST, 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, DST, 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 DST 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
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:
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA