NEW YORK, Dec. 6, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on HMY, ABX, IAG, and GFI which is a click away at www.wallstequities.com/registration. Featured on WallStEquities.com are the following stocks: Harmony Gold Mining Co. Ltd (NYSE :HMY ), Barrick Gold Corp. (NYSE :ABX ), IAMGOLD Corp. (NYSE :IAG ), and Gold Fields Ltd (NYSE :GFI ). According to a report by BMI Research, global gold mine output growth will pick up over the coming quarters, supported by higher gold prices and solid project pipelines in key countries. The research firm stated: "We forecast global gold production to increase from 105moz in 2018 to 125moz by 2026, averaging 2.3% annual growth." Sign up today for free and learn why our members refer to our research coverage as the 'best out there': www.wallstequities.com/registration
Harmony Gold Mining
On Tuesday, shares in Randfontein, South Africa-based Harmony Gold Mining Co. Ltd recorded a trading volume of 2.07 million shares. The stock ended the day at $1.78, dropping 2.73% from the last trading session. The Company's shares have advanced 0.56% in the past month. The stock is trading below its 50-day moving average by 1.32%. Furthermore, shares of the Company, which engages in the exploration and mining of gold in South Africa and Papua New Guinea, have a Relative Strength Index (RSI) of 44.63.
On November 20th, 2017, Harmony Gold Mining announced that its November 15th, 2017, presentation from its Executive: Ore reserves management, Jaco Boshoff, is now available for on-demand viewing in the dbVIC Deutsche Bank American Depositary Receipt Virtual Investor Conference. Signing up now gives you access to the free research coverage on HMY at: www.wallstequities.com/registration/?symbol=HMY
Toronto, Canada headquartered Barrick Gold Corp.'s stock saw a correction of 1.01%, finishing yesterday's session at $13.77. A total volume of 12.47 million shares was traded, which was above their three months average volume of 9.37 million shares. The Company's shares are trading below their 50-day moving average by 8.96%. Additionally, shares of Barrick Gold have an RSI of 34.21.
On November 30th, 2017, research firm Citigroup downgraded the Company's stock rating from 'Buy' to 'Sell'.
On December 01st, 2017, Barrick Gold ("ABX") announced that it has acquired 48,000,000 common shares of Reunion Gold Corporation ("Reunion") in a non-brokered private placement at a price of $0.19 per share, for total consideration of $9,120,000. As a result of the transaction, ABX owns 48,000,000 common shares, representing approximately 15% of Reunion's issued and outstanding common shares on a non-diluted basis. Get access to our top-rated research, including the free report on ABX at: www.wallstequities.com/registration/?symbol=ABX
Shares in Toronto, Canada headquartered IAMGOLD Corp. ended the session 0.76% lower at $5.23. The stock recorded a trading volume of 2.39 million shares. The Company's shares have gained 35.84% on an YTD basis. The stock is trading 2.36% above its 200-day moving average. Moreover, shares of IAMGOLD, which explores for, develops, and operates gold mining properties in North and South America, and West Africa, have an RSI of 30.86.
On November 16th, 2017, IAMGOLD provided an update from the Company's ongoing Phase-II 2017 drilling program at the Saramacca project, located 25 kilometers southwest of its Rosebel Gold Mine in Suriname. Following the disclosure of an initial resource estimate, the Company commenced a 22,000-meter diamond drilling program with the objective to convert inferred resources to indicated; target expansions to the existing resource along known mineralized trends and at depth; and begin drill testing identified exploration targets. Click here to subscribe for a free membership which welcomes you with our report on IAG at: www.wallstequities.com/registration/?symbol=IAG
At the closing bell on Tuesday, Sandton, South Africa-based Gold Fields Ltd's stock dropped 3.71%, finishing at $3.89. A total volume of 3.82 million shares was traded. The Company's shares have gained 29.24% on an YTD basis. The stock is trading 1.77% above its 200-day moving average. Additionally, shares of Gold Fields have an RSI of 40.24.
On November 27th, 2017, Corporate International Holdings B.V., an indirect, wholly owned subsidiary of Gold Fields, announced that on November 21st, 2017, it purchased 3,676,900 ordinary shares ("Ordinary Shares") of Cardinal Resources Limited at a price of C$0.65 per Ordinary Share, for total consideration of C$2,389,985. Such Ordinary Shares were purchased in connection with a public offering of Ordinary Shares in Canada conducted through a syndicate of underwriters (the "Offering"), and represent approximately 1.0% of the outstanding Ordinary Shares upon completion of the Offering. To get free access to your research report on GFI, sign up at: www.wallstequities.com/registration/?symbol=GFI
Wall St. Equities:
Wall St. Equities (WSE) 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. WSE 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.
WSE 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 WSE. WSE 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.
WSE, 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. WSE, 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, WSE, 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 WSE 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 https://wallstequities.com/legal-disclaimer/
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: +21-32-044 483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities