Gold Stocks Technical Snapshot - Newmont Mining, Eldorado Gold, Royal Gold, Sibanye Gold, and Primero Mining
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LONDON, November 13, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Newmont Mining Corporation (NYSE: NEM), Eldorado Gold Corporation (NYSE: EGO), Royal Gold Inc. (NASDAQ: RGLD), Sibanye Gold Ltd (NYSE: SBGL), and Primero Mining Corporation (NYSE: PPP). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Wednesday, November 12, 2014, ended on a mixed note as the Dow Jones Industrial Average finished at 17,612.20, down 0.02% and the NASDAQ Composite closed at 4,675.14, up 0.31%. The S&P 500 finished the session 0.07% lower at 2,038.25. During the trading session, six out of ten sectors finished on a higher note. The S&P 500 Materials Sector Index ended the day at 308.58, up 0.19%, with the index advancing 5.79% in the last one month. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
On Wednesday, Newmont Mining Corp.'s stock fell 1.28%, to close the day at $18.46. The stock recorded a trading volume of 8.31 million shares, above its three months average volume of 7.39 million shares. The company's shares oscillated between $18.18 and $19.04 during the session. Over the last three trading sessions and over the past one month, Newmont Mining Corp.'s shares have fallen by 3.80% and 16.88%, respectively. Further, the stock has lost 19.84% since the start of this year. The stock is trading below its 50-day and 200-day moving averages. Newmont Mining Corp.'s 200-day moving average of $24.05 is above its 50-day moving average of $22.71. Additionally, the stock traded at a PE ratio of 16.09 and has a Relative Strength Index (RSI) of 35.57. Sign up and read the free notes on NEM at:
www.Investor-Edge.com/NEM-13Nov2014
On Wednesday, shares in Eldorado Gold Corp. recorded a trading volume of 6.32 million shares, higher than its three months average volume of 5.14 million shares. The stock ended the day at $5.75, which was 0.52% below its previous day's closing of $5.78, and registered an intraday range of $5.64 and $6.02. Eldorado Gold Corp.'s shares have gained 1.95% in the previous three trading sessions, while the stock has declined 20.91% in the last one month and 32.19% in the past three months. The stock is trading below its 50-day and 200-day moving averages of $6.89 and $6.80, respectively. Furthermore, shares of Eldorado Gold Corp. have an RSI of 42.02. The complimentary notes on EGO can be downloaded as in PDF format at:
www.Investor-Edge.com/EGO-13Nov2014
Royal Gold Inc.'s stock edged 0.40% higher to end Wednesday's session at $65.66. The stock recorded a trading volume of 0.80 million shares, close to its three months average volume of 0.81 million shares. The company's shares fluctuated between $64.29 and $67.16 during the session. Shares of the company traded at a PE ratio of 59.61. Royal Gold Inc.'s shares have surged 42.52% since the beginning of 2014. However, the stock has fallen by 0.58% over the last one month and 18.60% in the previous three months. The stock is trading below its 50-day and 200-day moving averages. Royal Gold Inc.'s 200-day moving average of $68.49 is above its 50-day moving average of $66.54. Additionally, the stock has an RSI of 51.83. Register for free on Investor-Edge and access the latest research on RGLD at:
www.Investor-Edge.com/RGLD-13Nov2014
On Wednesday, shares in Sibanye Gold Ltd fluctuated between $6.75 and $6.98 before ending the session 0.44% lower at $6.81. The stock reported a trading volume of 1.02 million shares, higher than its three months average volume of 0.82 million shares. Although Sibanye Gold Ltd's stock has gained 41.58% on YTD basis, it has lost 4.89% in the previous three trading sessions and 19.60% in the last one month. The stock is trading below its 50-day and 200-day moving averages of $8.30 and $9.14, respectively. Moreover, shares of Sibanye Gold Ltd have an RSI of 35.09. The complete research on SBGL is available for free at:
www.Investor-Edge.com/SBGL-13Nov2014
Primero Mining Corp.'s stock finished Wednesday's session 2.63% higher at $3.51. A total of 0.93 million shares were traded, which was above its three months average volume of 0.71 million shares. The stock vacillated between $3.41 and $3.70 during the session. Over the last one month and over the past three months, Primero Mining Corp.'s shares have plummeted 22.86% and 51.11%, respectively. Additionally, from the beginning of 2014, the stock has lost 20.95%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $6.38 is greater than its 50-day moving average of $4.78. Primero Mining Corp.'s stock has an RSI of 37.29. Free in depth research on PPP is available at:
www.Investor-Edge.com/PPP-13Nov2014
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