Technical Coverage on Gold Stocks - Allied Nevada Gold, AuRico Gold, Barrick Gold, IAMGOLD, and Goldcorp

LONDON, October 7, 2014 /PRNewswire/ --

Investor-Edge has initiated coverage on the following equities: Allied Nevada Gold Corporation (NYSE MKT: ANV), AuRico Gold Inc. (NYSE: AUQ), Barrick Gold Corporation (NYSE: ABX), IAMGOLD Corporation (NYSE: IAG), and Goldcorp Inc. (NYSE: GG). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Monday, October 6, 2014, the NASDAQ Composite ended at 4,454.80, down 0.47%, the Dow Jones Industrial Average edged 0.10% lower, to finish the day at 16,991.91, and the S&P 500 closed at 1,964.82, down 0.16%. The losses were broad based as seven out of ten sectors ended the session in negative. The S&P 500 Materials Sector Index ended the day at 305.32, down 0.07%, with the index also declining 0.03% in the last three trading sessions. Register for your complimentary reports on these five stocks at:  

http://investor-edge.com/register

Allied Nevada Gold Corp.'s stock declined 2.65%, to close the day at $2.94. The stock recorded a trading volume of 3.41 million shares, above its three months average volume of 2.59 million shares. The stock oscillated between $2.86 and $3.08 during the session. Over the last three trading sessions and over the past one month, Allied Nevada Gold Corp.'s shares have lost 11.18% and 18.78%, respectively. Further, the stock has plummeted 17.18% since the start of this year. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $3.92 is above its 50-day moving average of $3.38. Additionally, Allied Nevada Gold Corp. traded at a PE ratio of 74.01 and has a Relative Strength Index (RSI) of 35.64. Sign up and read the free notes on ANV at:

www.Investor-Edge.com/ANV-07Oct2014

On Monday, shares in AuRico Gold Inc. recorded a trading volume of 1.01 million shares, lower than its three months average volume of 1.38 million shares. The stock ended the day at $3.45, which was 0.88% above its previous day's closing of $3.42, and registered an intraday range of $3.37 and $3.46. AuRico Gold Inc.'s shares have declined 0.29% in the previous three trading sessions, 15.85% in the last one month and 5.74% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $4.06 and $4.22, respectively. Furthermore, shares of AuRico Gold Inc. have an RSI of 34.47. The complimentary notes on AUQ can be downloaded as in PDF format at:

www.Investor-Edge.com/AUQ-07Oct2014

Barrick Gold Corp.'s stock edged 0.56% higher, to close Monday's session at $14.24, after oscillating between $14.15 and $14.35. The stock recorded a trading volume of 13.52 million shares, above its three months average volume of 9.49 million shares. Over the last three trading sessions and the previous one month, Barrick Gold Corp.'s shares have fallen by 3.46% and 17.02%, respectively. Additionally, from the beginning of 2014, the stock has declined 19.23%. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $18.05 is above its 50-day moving average of $17.32. Further, the stock traded at a PE ratio of 29.67 and has an RSI of 18.11. Register for free on Investor-Edge and access the latest research on ABX at:

www.Investor-Edge.com/ABX-07Oct2014

IAMGOLD Corp.'s stock finished Monday's session 1.92% higher at $2.66. A total of 8.00 million shares were traded, which was above its three months average volume of 6.60 million shares. The stock moved between $2.59 and $2.68 during the session. IAMGOLD Corp.'s shares have lost 3.27% in the previous three trading sessions and 26.32% in the last one month. Further, the stock has declined 20.12% on YTD basis. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $3.64 is greater than its 50-day moving average of $3.55. IAMGOLD Corp.'s stock has an RSI of 15.54. The complete research on IAG is available for free at:

www.Investor-Edge.com/IAG-07Oct2014

On Monday, shares in Goldcorp Inc. fluctuated between $22.70 and $23.23 before ending the session 2.34% higher at $23.15. The stock reported a trading volume of 5.98 million shares, above its three months average volume of 4.50 million shares. Shares of the company traded at a PE ratio of 38.28. Goldcorp Inc.'s shares have declined 0.26% in the previous three trading sessions and 10.20% in the last one month. However, the stock has advanced 6.83% since the beginning of this year. The company's stock is trading below its 50-day and 200-day moving averages of $26.35 and $25.48, respectively. Moreover, shares of Goldcorp Inc. have an RSI of 28.38. Free in depth research on GG is available at:

www.Investor-Edge.com/GG-07Oct2014

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EDITOR'S NOTES:

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1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

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