Technical Pointers on Metals and Mining Equities -- Golden Star Resources, New Gold, Sandstorm Gold, Stillwater Mining, and Commercial Metals
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LONDON, August 18, 2014 /PRNewswire/ --
On Friday, August 15, 2014, the NASDAQ Composite ended at 4,464.93, up 0.27%, the Dow Jones Industrial Average finished the day 0.30% lower at 16,662.91, and the S&P 500 closed at 1,955.06, down 0.01%. The gains were broad based as six out of ten sectors ended the session in positive. The S&P 500 Materials Sector Index ended the day at 313.24, up 0.21%, while the index has declined 0.63% in the last one month. Investor-Edge has initiated coverage on the following equities: Golden Star Resources Ltd (NYSE MKT: GSS), New Gold Inc. (NYSE MKT: NGD), Sandstorm Gold Ltd (NYSE MKT: SAND), Stillwater Mining Company (NYSE: SWC), and Commercial Metals Company (NYSE: CMC). Free research on these five companies can be accessed at:
http://investor-edge.com/register
On Friday, shares in Golden Star Resources Ltd recorded a trading volume of 0.58 million shares, lower than its three months average volume of 1.03 million shares. The stock finished the day at an intra-day high of $0.54, up 1.70%, and registered an intraday range of $0.51 and $0.54. Shares of Golden Star Resources Ltd have declined 3.75% in the last one month. However, the stock has surged 5.25% in the past three months and 22.50% on YTD basis. Furthermore, the company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $0.58 is above its 50-day moving average of $0.56. Additionally, shares of Golden Star Resources Ltd have a Relative Strength Index (RSI) of 48.07. Sign up and read the free notes on GSS at:
http://www.Investor-Edge.com/GSS-18Aug2014
New Gold Inc.'s stock fell by 0.63%, to close Friday's session at $6.27, after oscillating between $6.13 and $6.32. The stock recorded a trading volume of 2.20 million shares, below its three months average volume of 2.75 million shares. Over the last one month, New Gold Inc.'s shares have lost 1.57%. However, over the past three months and from the beginning of 2014, the stock has rallied 23.43% and 19.66%, respectively. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $6.22 is above its 200-day moving average of $5.61. Further, New Gold Inc.'s stock has an RSI of 52.50. The complimentary notes on NGD can be downloaded as in PDF format at:
http://www.Investor-Edge.com/NGD-18Aug2014
On Friday, shares in Sandstorm Gold Ltd finished the session 1.37% higher at $5.94. A total of 0.70 million shares were traded, which was below its three months average volume of 0.91 million shares. The stock moved between $5.63 and $5.97 during the session. Over the last one month, Sandstorm Gold Ltd's shares have fallen by 15.26%. However, the stock has gone up 6.64% over the past three months and 39.11% since the start of this year. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $6.57 is greater than its 200-day moving average of $5.55. Shares of Sandstorm Gold Ltd have an RSI of 38.94. Register for free on Investor-Edge and access the latest research on SAND at:
http://www.Investor-Edge.com/SAND-18Aug2014
Stillwater Mining Co.'s stock fluctuated between $18.59 and $19.14 before ending Friday's session down 1.15%, at $18.89. The stock reported a trading volume of 2.04 million shares, below its three months average volume of 2.15 million shares. Further, Stillwater Mining Co.'s shares have gained 0.64% over the last one month and 15.96% over the past three months. Also, the stock has surged 53.08% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $18.07 is greater than its 200-day moving average of $14.78. Moreover, shares of the company traded at a PE ratio of 20.80 and have an RSI of 55.37. The complete research on SWC is available for free at:
http://www.Investor-Edge.com/SWC-18Aug2014
Commercial Metals Co.'s stock declined 0.64%, to close Friday's session at $17.03, after vacillating between $16.87 and $17.31. The stock recorded a trading volume of 0.49 million shares, below its three months average volume of 0.83 million shares. Over the last one month and past three months, Commercial Metals Co.'s shares have lost 3.02% and 10.51%, respectively. Also, from the beginning of 2014, the stock has plummeted 16.23%. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $18.83 is above its 50-day moving average of $17.59. Further, Commercial Metals Co.'s stock traded at a PE ratio of 30.40 and has an RSI of 42.06. Free in depth research on CMC is available at:
http://www.Investor-Edge.com/CMC-18Aug2014
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