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:
Stock Callers (SC) 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. SC 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.
SC 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 [email protected] . 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 SC. SC 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.
SC, 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. SC, 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, SC, 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 SC 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:
Email: [email protected]
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA