Technical Briefing on Materials Sector: Barrick Gold, Kinross Gold, Goldcorp, and AngloGold Ashanti

LONDON, January 16, 2014 /PRNewswire/ --

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On Wednesday, January 15, 2014, the U.S. equity market finished on a positive note as the S&P 500 ended the day at 1,848.38, up 0.52%; the Dow Jones Industrial Average closed at 16,481.94, up 0.66%; and the NASDAQ Composite finished at 4,214.88, up 0.76%. The S&P 500 Materials Sector Index closed the session at 290.01, up 0.65%; and the S&P 500 Metals & Mining Industry Index gained 1.03% to close at 135.40. The S&P 500 Metals & Mining Industry Index has gained 4.88% in the last one month and 0.63% in the previous three trading sessions, outperforming the S&P 500, which has gained 4.12% and 0.33% during the respective periods. The major movers in the Metals & Mining Industry included Barrick Gold Corp. (NYSE: ABX), Kinross Gold Corp. (NYSE: KGC), Goldcorp Inc. (NYSE: GG), and AngloGold Ashanti Ltd (NYSE: AU). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on ABX, KGC, GG, and AU now at:

http://www.aaaresearchreports.com/register/

Barrick Gold Corp.'s stock gained 1.35% on Wednesday, ending the day at $18.04, after vacillating between $17.58 and $18.13 during the trading session. A total of 8.50 million shares were traded, which is below the daily average volume of 17.22 million. The company's shares have gained 7.77% in the previous one month, outperforming the S&P 500, which has gained 4.12% during the same period. Additionally, Barrick Gold Corp.'s stock is trading above its 50-day moving average of $17.24. Download free research on ABX today by registering at:

http://www.AAAResearchReports.com/ABX011614.pdf

Shares in Kinross Gold Corp. advanced on Wednesday, finishing the day 0.90% higher at $4.50. The company's shares oscillated between $4.42 and $4.55 during the trading session. A total of 6.75 million shares were traded, which is below the daily average volume of 9.53 million. The company's shares have remained flat in the previous three trading sessions, underperforming the S&P 500, which has gained 0.33% during the same period. Further, Kinross Gold Corp.'s stock is trading below its 50-day and 200-day moving averages of $4.65 and $5.25, respectively. Sign up and have access to our free report on KGC at:

http://www.AAAResearchReports.com/KGC011614.pdf

Goldcorp Inc.'s stock fluctuated between gains and losses, before finishing the day 0.27% lower at $22.18, after oscillating between $21.87 and $22.38 during the trading session. A total of 9.08 million shares were traded on Wednesday, which is above the daily average volume of 7.85 million. Despite Wednesday's decline, the company's shares have gained 5.32% in the previous one month, compared to a gain of 4.12% in the S&P 500 during the same period. However, Goldcorp Inc.'s stock is trading below its 50-day and 200-day moving averages of $22.54 and $26.25, respectively. Sign up and read the complimentary report on GG at:

http://www.AAAResearchReports.com/GG011614.pdf

On Wednesday, AngloGold Ashanti Ltd's stock closed the day at $12.67, up 2.59% from the previous day's closing price of $12.35. The company's shares fluctuated between $12.15 and $12.79 during the trading session. A total of 2.41 million shares were traded, which is below the daily average volume of 3.12 million. The company's shares have advanced 7.01% in the previous three trading sessions and 7.37% in the last one month, outperforming the S&P 500, which has gained 0.33% and 4.12% during the respective periods. Although, AngloGold Ashanti Ltd's stock is trading below its 50-day and 200-day moving averages of $13.02 and $14.84, respectively. The free report on AU can be downloaded by signing up now at:

http://www.AAAResearchReports.com/AU011614.pdf

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