Market Movers - Metals & Mining Stocks -- Research on Golden Star Resources, Royal Gold, Sandstorm Gold, and Sibanye Gold
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LONDON, May 7, 2014 /PRNewswire/ --
On Tuesday, May 06, 2014, the NASDAQ Composite ended at 4,080.76, down 1.38%, the Dow Jones Industrial Average finished the day 0.78% lower at 16,401.02, and the S&P 500 closed at 1,867.72, down 0.90%. The losses were broad based as nine out of ten sectors ended in negative. The S&P 500 Materials Sector Index ended the day at 299.70, down 0.52%, while the index gained 7.68% in the previous three months. Investor-Edge has initiated coverage on the following equities: Golden Star Resources Ltd (NYSE MKT: GSS), Royal Gold Inc. (NASDAQ: RGLD), Sandstorm Gold Ltd (NYSE MKT: SAND) and Sibanye Gold Ltd (NYSE: SBGL). Free technical research on GSS, RGLD, SAND and SBGL can be downloaded upon signing up at:
http://www.investor-edge.com/2224-register
On Tuesday, shares in Golden Star Resources Ltd fluctuated between $0.61 and $0.64 before ending the session 0.11% higher at $0.62. Golden Star Resources Ltd's stock reported a trading volume of 0.54 million shares, much below to its three months average volume of 2.32 million shares. Over the previous three trading sessions and over the last one month, Golden Star Resources Ltd's shares have gained 2.25% and 1.91% respectively. Additionally, from the beginning of 2014, the company's stock has advanced 41.75%. The stock is trading above its 200-day moving average of $0.56, while the 200-day moving average is below Golden Star Resources Ltd's 50-day moving average of $0.67. Moreover, shares of the company have a Relative Strength Index (RSI) of 48.72. Sign up today to read free research on GSS at:
http://www.investor-edge.com/2224-GSS-07May2014.pdf
Royal Gold Inc.'s stock edged 0.57% lower, to close the day at $66.23. The stock recorded a trading volume of 0.43 million shares, much below to its three months average volume of 0.87 million shares. The stock oscillated between $65.85 and $66.62 during the session. Royal Gold Inc. shares have advanced 2.99% in the previous three trading sessions, 12.46% in the last three months and 43.76% on YTD basis. The stock is trading above its 200-day moving average. Further, the stocks 50-day moving average of $66.74 is above its 200-day moving average of $55.53. Additionally, the stock traded at a PE ratio of 77.01 and has an RSI of 53.18. Sign up today to read free research on RGLD at:
http://www.investor-edge.com/2224-RGLD-07May2014.pdf
Sandstorm Gold Ltd's stock finished the Tuesday's session 0.17% lower at $5.85. A total of 0.34 million shares were traded, which was below its three months average volume of 0.85 million shares. The stock moved between $5.83 and $5.92 during the session. Sandstorm Gold Ltd's share surged 7.34% in the previous three trading sessions and 17.71% in the last three months. Additionally, from the beginning of 2014, the company's stock has gained upside of 37.00%. The company's shares are trading above their 50-day and 200-day moving averages. Additionally, the stock's 50-day moving average of $5.71 is greater than its 200-day moving average of $5.36. Sandstorm Gold Ltd's stock has an RSI of 55.64. Sign up today to read free research on SAND at:
http://www.investor-edge.com/2224-SAND-07May2014.pdf
On Tuesday, shares in Sibanye Gold Ltd recorded a trading volume of 0.36 million shares, lower than its three months average volume of 0.85 million shares. The stock ended the day at $10.62, which was 0.47% below its previous day's closing of $10.67, and registered an intraday range of $10.61 and $10.80. Sibanye Gold Ltd's shares have rallied 16.19% in the last one month and 78.19% in the previous three months. Additionally, from the beginning of 2014, the company's stock has gained an upside of 120.79%. The company's stock is trading above its 50-day and 200-day moving averages of $9.20 and $6.01, respectively. Furthermore, shares of the company have an RSI of 68.83. Sign up today to read free research on SBGL at:
http://www.investor-edge.com/2224-SBGL-07May2014.pdf
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