LONDON, October 10, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Newmont Mining Corporation (NYSE: NEM), Gold Fields Ltd (NYSE: GFI), Eldorado Gold Corporation (NYSE: EGO), B2Gold Corporation (NYSE MKT: BTG), and Gold Resource Corporation (NYSE MKT: GORO). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Thursday, October 09, 2014, ended on a negative note as the Dow Jones Industrial Average finished at 16,659.25, down 1.97% and the NASDAQ Composite closed at 4,378.34, down 2.02%. The S&P 500 finished the session 2.07% lower at 1,928.21. During the trading session, all the ten sectors finished on a lower note. The S&P 500 Materials Sector Index ended the day at 296.18, down 2.54%, whereas the index has advanced 1.56% on YTD basis. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
Newmont Mining Corp.'s stock plummeted 5.03%, to close the day at $22.45. The stock recorded a trading volume of 12.85 million shares, much above its three months average volume of 6.29 million shares. The company's shares oscillated between $22.03 and $23.58 during the session. Over the last three trading sessions and over the past one month, Newmont Mining Corp.'s shares have lost 3.02% and 12.10%, respectively. Further, the stock has fallen by 2.52% since the start of this year. The stock is trading below its 50-day and 200-day moving averages. Newmont Mining Corp.'s 50-day moving average of $25.31 is above its 200-day moving average of $24.39. Additionally, the stock traded at a PE ratio of 27.58 and has a Relative Strength Index (RSI) of 44.58. Sign up and read the free notes on NEM at:
http://www.Investor-Edge.com/NEM-10Oct2014
On Thursday, shares in Gold Fields Ltd recorded a trading volume of 8.40 million shares, higher than its three months average volume of 5.14 million shares. The stock ended the day at $3.90, which was 0.76% below its previous day's closing of $3.93, and registered an intraday range of $3.73 and $3.98. Although Gold Fields Ltd's stock has fallen by 13.33% in the last one month, it has advanced 0.26% in the previous three trading sessions and 21.88% on YTD basis. The stock is trading above its 200-day moving average of $3.87, which was below its 50-day moving average of $4.21. Furthermore, shares of Gold Fields Ltd have an RSI of 44.89. The complimentary notes on GFI can be downloaded as in PDF format at:
http://www.Investor-Edge.com/GFI-10Oct2014
Eldorado Gold Corp.'s stock fell 1.58% to end Thursday's session at $7.47. The stock recorded a trading volume of 7.83 million shares, above its three months average volume of 4.14 million shares. The company's shares fluctuated between $7.28 and $7.57 during the session. Eldorado Gold Corp.'s shares have gained 31.28% since the beginning of 2014 and 6.26% over the previous three trading sessions. However, the stock has fallen by 5.56% in the last three months. The stock is trading above its 200-day moving average. Eldorado Gold Corp.'s 50-day moving average of $7.64 is above its 200-day moving average of $6.75. Additionally, the stock has an RSI of 56.57. Register for free on Investor-Edge and access the latest research on EGO at:
http://www.Investor-Edge.com/EGO-10Oct2014
On Thursday, shares in B2Gold Corp. fluctuated between $2.10 and $2.24 before ending the session 1.35% lower at $2.19. The stock reported a trading volume of 5.20 million shares, much above its three months average volume of 1.95 million shares. B2Gold Corp.'s shares have advanced 7.88% in the previous three trading sessions and 8.42% on YTD basis, while the stock has lost 24.48% in the last three months. The stock is trading below its 50-day and 200-day moving averages of $2.36 and $2.59, respectively. Moreover, shares of B2Gold Corp. have an RSI of 52.62. The complete research on BTG is available for free at:
http://www.Investor-Edge.com/BTG-10Oct2014
Gold Resource Corp.'s stock finished Thursday's session 6.29% lower at $4.47. A total of 0.84 million shares were traded, which was above its three months average volume of 0.71 million shares. The stock vacillated between $4.41 and $4.80 during the session. The stock has fallen by 4.89% in the previous three trading sessions. Additionally, over the last one month and over the past three months, Gold Resource Corp.'s shares have lost 21.02% and 9.51%, respectively. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $5.60 is greater than its 200-day moving average of $5.03. Gold Resource Corp.'s stock traded at a PE ratio of 28.34 and has an RSI of 38.98. Free in depth research on GORO is available at:
http://www.Investor-Edge.com/GORO-10Oct2014
About Investor-Edge.com
At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.
===============
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.
SOURCE Investor-Edge
