| Randgold Resources (GOLD) in Focus: Stock Jumps 5.5% | |
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Randgold Resources Limited (GOLD) was a big mover last session, as the company saw its shares rise over 5% on the day. The upside was driven by the rally in gold prices on Thursday. This led to solid volume too with far more shares changing hands than in a normal session. Yesterday’s rally breaks the recent trend of the company, as the stock is now trading above the volatile price range of $57.59 to $65.25 in the past one-month time frame. In the last 30 days, the company witnessed two negative estimate revisions and the Zacks Consensus Estimate also moved lower over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher can last. Randgold Resources currently carries a Zacks Rank #4 (Sell). A better-ranked stock in the Mining-Gold industry is Pretium Resources Inc. (PVG), which carries a Zacks Rank #2 (Buy). Is GOLD going up? Or down? Predict to see what others think: Up or Down
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Randgold Resources Ltd.
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PRODUCER |
CODE : GOLD |
ISIN : US7523443098 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Randgold Res. is a gold producing company based in United kingdom. Randgold Res. holds various exploration projects in Tanzania. Its main assets in production are MORILA, LOULO and TONGON in Mali and OBUASI in Ghana, its main assets in development are KIBALI (KILO-MOTO) in Congo Dem. Rep. of, MASSAWA in Senegal and GOUNKOTO in Ghana and its main exploration property is MIYABI in Tanzania. Randgold Res. is listed in Germany, in United Kingdom and in United States of America. Its market capitalisation is US$ 1.9 billions as of today (€ 1.7 billions). Its stock quote reached its lowest recent point on November 07, 2003 at US$ 10.03, and its highest recent level on January 04, 2013 at US$ 99.88. Randgold Res. has 93 804 000 shares outstanding. |