Precious Metals Stocks Technical Snapshot -- Research on Cia de Minas Buenaventura, Novagold Resources, North American Palladium, and Paramount Gold and Silver
Editor Note: For more information about this release, please scroll to bottom.
LONDON, June 27, 2014 /PRNewswire/ --
The trading session on Thursday, June 26, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,846.13, down 0.13% and the NASDAQ Composite closed at 4,379.05, down 0.02%. The S&P 500 finished the day 0.12% lower at 1,957.22. During the trading session, six out of the ten sectors finished on a negative note. The S&P 500 Materials Sector Index finished the day 0.17% lower at 313.23, and the index has advanced 2.44% in the previous one month. Investor-Edge has initiated coverage on the following equities: Cia de Minas Buenaventura S.A.A. (NYSE: BVN), Novagold Resources Inc. (NYSE MKT: NG), North American Palladium Ltd (NYSE MKT: PAL) and Paramount Gold and Silver Corp. (NYSE MKT: PZG). Free technical research on BVN, NG, PAL and PZG can be downloaded upon signing up at:
http://www.investor-edge.com/4274-register
Shares in Cia de Minas Buenaventura S.A.A. fluctuated between $10.64 and $11.44 before ending Thursday's session 6.09% higher at $11.33. The company's stock reported a trading volume of 2.53 million shares, which was above its three months average volume of 1.75 million shares. Cia de Minas Buenaventura S.A.A.'s stock has gained 2.72% in the previous three trading sessions and 5.20% in the last one month. Moreover, the company's shares have advanced 0.98% on YTD basis. The company's stock is trading above its 50-day moving average. The stock's 50-day moving average of $11.16 is below its 200-day moving average of $12.12. Additionally, Cia de Minas Buenaventura S.A.A.'s stock has a Relative Strength Index (RSI) of 50.86. Sign up today to read free research on BVN at:
http://www.investor-edge.com/4274-BVN-27Jun2014.pdf
Novagold Resources Inc.'s stock recorded a trading volume of 1.00 million shares, below its three months average volume of 1.54 million shares. On Thursday, the stock finished the day at $4.13, which was 0.49% higher its previous day's closing of $4.11, and registered an intraday range of $4.01 and $4.17. Shares in Novagold Resources Inc. have surged 29.87% in the last one month and 62.60% on YTD basis. However, the company's shares have lost 3.28% in the previous three trading sessions. Novagold Resources Inc.'s stock is trading above its 50-day and 200-day moving averages of $3.47 and $3.01, respectively. Furthermore, the company's stock has an RSI of 62.48. Sign up today to read free research on NG at:
http://www.investor-edge.com/4274-NG-27Jun2014.pdf
Shares in North American Palladium Ltd advanced 1.82% on Thursday, closing the session at $0.34. A total of 2.21 million shares were traded, much below its three months average volume of 5.66 million shares. The stock moved between $0.34 and $0.35 during the session. Shares in North American Palladium Ltd have gained 29.55% in the last one month, although, the shares have fallen by 3.12% in the previous three trading sessions and 47.49% from the beginning of 2014. North American Palladium Ltd's stock is trading above its 50-day moving average. The stock's 50-day moving average of $0.29 is below its 200-day moving average of $0.54. Further, the company's shares have an RSI of 55.24. Sign up today to read free research on PAL at:
http://www.investor-edge.com/4274-PAL-27Jun2014.pdf
On Thursday, shares in Paramount Gold and Silver Corp. declined 2.74%, closing the day at $0.96. The stock recorded a trading volume of 0.58 million shares, which was near its three months average volume of 0.72 million shares. The company's stock oscillated between $0.95 and $1.00 during the session. Paramount Gold and Silver Corp.'s stock has declined 8.57% in the previous three trading sessions and 2.93% in the last one month, while the stock has advanced 3.03% since the start of this year. Paramount Gold and Silver Corp.'s shares are trading below their 50-day and 200-day moving averages of $0.99 and $1.15, respectively. Moreover, the company's stock has an RSI of 49.58. Sign up today to read free research on PZG at:
http://www.investor-edge.com/4274-PZG-27Jun2014.pdf
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is 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 by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does 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.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Investor-Edge.com
SOURCE Investor-Edge
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article