Today's Technical View: Barrick Gold Corp., Kinross Gold Corp., Goldcorp Inc., and AngloGold Ashanti Ltd
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LONDON, September 25, 2013 /PRNewswire/ --
On Tuesday, September 24, 2013, the S&P 500 ended the day at 1,697.42, down 0.26%; the Dow Jones Industrial Average closed at 15,334.59, down 0.43%; while the NASDAQ Composite finished at 3,768.25, up 0.08%. Shares in the gold industry also ended on a mixed note, tracking the broader market. The major movers in the industry included Barrick Gold Corporation (NYSE: ABX), Kinross Gold Corporation (NYSE: KGC), Goldcorp Inc. (NYSE: GG), and AngloGold Ashanti Ltd. (NYSE: AU). All these companies are tracked by AAAResearchReports.com. Free in-depth technical analysis on ABX, KGC, GG, and AU are currently available upon signing up at:
http://www.aaaresearchreports.com/register/
Barrick Gold Corp.'s stock rose sharply on Tuesday, reversing some of the losses from the previous trading session. The company's shares closed the day at $18.56, up 1.14%, after oscillating between $18.05 and $18.70 during the trading session. A total of 16.01 million shares were traded, which is below the daily average volume of 19.41 million. The company's shares have gained 12.01% in the previous three months, outperforming the S&P 500 which has gained 7.90% during the same period. Furthermore, Barrick Gold Corp.'s stock is trading above its 50-day moving average of $18.12. Sign up for free technical analysis on ABX at:
http://www.AAAResearchReports.com/ABX092513.pdf
Shares in Kinross Gold Corp. plummeted on Tuesday, extending the losses from the previous trading session. The company's shares traded between $4.98 and $5.11 before ending the day 2.54% lower at the intra-day low of $4.98. A total of 18.47 million shares were traded, which is above the daily average volume of 12.04 million. Despite Tuesday's sharp decline, Kinross Gold Corp.'s stock has advanced 2.26% in the previous three months, compared to a gain of 7.90% in the S&P 500 during the same period. Additionally, the company's shares are trading below their 50-day and 200-day moving averages of $5.40 and $6.76, respectively. Download free report on KGC by registering at:
http://www.AAAResearchReports.com/KGC092513.pdf
On Tuesday, Goldcorp Inc.'s shares edged higher to end the day at $25.61, which is 0.39% higher than the previous day's closing price of $25.51. The company's shares fluctuated between $25.01 and $25.90 during the trading session. A total of 9.61 million shares were traded, which is above the daily average volume of 8.77 million. Goldcorp Inc.'s shares have gained 8.61% in the previous three months, outperforming the S&P 500 which has gained 7.90% during the same period. Despite Tuesday's gains, the company's stock is trading below its 50-day and 200-day moving averages of $28.30 and $30.73, respectively. The free report on GG can be downloaded by signing up now at:
http://www.AAAResearchReports.com/GG092513.pdf
Shares in AngloGold Ashanti Ltd fell sharply on Tuesday, even as the broader market closed on a mixed note. The company's shares ended the day 1.79% lower at $12.61 after vacillating between $12.39 and $12.85. A total of 4.05 million shares were traded, which is less than the daily average volume of 4.14 million. AngloGold Ashanti Ltd's shares have fallen by 8.69% in the previous three trading sessions, compared to a loss of 1.45% in the S&P 500 during the same period. Moreover, the company's stock is currently trading below its 50-day and 200-day moving averages of $13.43 and $20.36, respectively. A free report on AU can be accessed by registering at:
http://www.AAAResearchReports.com/AU092513.pdf
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SOURCE AAA Research Reports
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