NEW YORK, March 30, 2017 /PRNewswire/ --
This morning, Stock-Callers.com has lined up for evaluation the following equities: Eldorado Gold Corp. (NYSE: EGO), B2Gold Corp. (NYSE MKT: BTG), AngloGold Ashanti Ltd (NYSE: AU), and McEwen Mining Inc. (NYSE: MUX). According to Ronald-Peter Stoeferle, managing partner at Incrementum AG, gold prices may climb to $1,400 to $1,500 an ounce this year as rising inflation and negative real interest rates combine to boost demand. Sign up today and download for free the research reports for the stocks covered today at:
Vancouver, Canada headquartered Eldorado Gold Corp.'s stock finished Wednesday's session 10.13% higher at $3.48. A total volume of 8.56 million shares was traded, which was above their three months average volume of 5.35 million shares. The Company's shares have advanced 14.32% in the past month, 11.76% in the previous three months, and 8.64% since the start of this year. The stock is trading 4.58% above its 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, Greece, Brazil, Serbia, and Romania, have a Relative Strength Index (RSI) of 63.23.
On March 28th, 2017, Eldorado Gold reported that it has received multiple tenders for significantly better concentrate sales terms at Olympias Phase II, where wet commissioning at the project is currently underway. Under the new sales terms, gold payability rates have increased from 58% up to a maximum of 71%, which is expected to result in an increase of approximately 15,000 ounces of payable gold production per year. EGO complete research report is just a click away at:
On Wednesday, shares in Vancouver, Canada headquartered B2Gold Corp. recorded a trading volume of 4.46 million shares. The stock ended the session 1.06% higher at $2.86. The Company's shares have advanced 26.55% in the previous three months and 20.68% on an YTD basis. The stock is trading 2.74% above its 200-day moving average. Moreover, shares of B2Gold, which engages in the acquisition, exploration, and development of mineral properties in Nicaragua, the Philippines, Namibia, Mali, Colombia, Burkina Faso, Finland, and Chile, have an RSI of 44.85.
On March 02nd, 2017, research firm Bank of America/ Merrill resumed its 'Buy' rating on the Company's stock.
On March 15th, 2017, B2Gold announced its operational and financial results for Q4 2016 and full year ended December 31st, 2016. For Q4 2016, consolidated gold production was 140,651 ounces, and consolidated gold revenue was $181.2 million on record sales of 151,524 ounces. For full-year 2016, consolidated gold production was 550,423 ounces, and consolidated gold revenue was $683.3 million on record sales of 548,281 ounces. The complimentary report on BTG can be downloaded at:
Johannesburg, South Africa headquartered AngloGold Ashanti Ltd's shares closed the day 0.63% higher at $11.12. The stock recorded a trading volume of 2.02 million shares. The Company's shares have gained 1.80% in the last month, 11.07% over the previous three months, and 6.74% on an YTD basis. The stock is trading 4.63% below its 50-day moving average. Additionally, shares of AngloGold Ashanti, which operates as a gold mining and exploration company, have an RSI of 52.59. Sign up for your complimentary report on AU at:
Shares in Toronto, Canada headquartered McEwen Mining Inc. finished 2.25% lower at $3.04. The stock recorded a trading volume of 1.96 million shares. The Company's shares have advanced 6.80% in the previous three months and 4.60% on an YTD basis. The stock is trading below its 200-day moving average by 15.65%. 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 41.75.
On March 01st, 2017, McEwen Mining reported consolidated financial results for Q4 2016 and year ended December 31st, 2016. During the year, the Company achieved production of 145,530 gold equivalent ounces, and net cash flow generated from operating activities was $25.2 million. On February 27th, 2017, the Company had cash, investments, and precious metals valued at spot prices of approximately $55.2 million. Download the research report for free on MUX at:
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