Technical Recap on Metals & Mining Equities -- Research on New Gold, Franco-Nevada, Rubicon Minerals, and Randgold Resources

LONDON, May 15, 2014 /PRNewswire/ --

The trading session on Wednesday, May 14, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,613.97, down 0.61% and the NASDAQ Composite closed at 4,100.63, down 0.72%. The S&P 500 finished the day 0.47% lower at 1,888.53. During the trading session, five out of ten sectors finished on a negative note. The S&P 500 Materials Sector Index ended the day 0.06% higher at 304.87, and the index has gained 4.88% in the previous three months. Investor-Edge has initiated coverage on the following equities: New Gold Inc. (NYSE MKT: NGD), Franco-Nevada Corp. (NYSE: FNV), Rubicon Minerals Corp. (NYSE MKT: RBY) and Randgold Resources Ltd (NASDAQ: GOLD). Free technical research on NGD, FNV, RBY and GOLD can be downloaded upon signing up at:

http://www.investor-edge.com/2579-register

On Wednesday, New Gold Inc.'s stock fluctuated between $5.04 and $5.13 before ending the session 0.80% higher at $5.07. The company's stock reported a trading volume of 2.10 million shares, which was below its three months average volume of 3.08 million shares. Over the previous three months and on YTD basis, shares in New Gold Inc. have fallen by 20.28% and 3.24%, respectively. However, the stock has advanced 2.42% in previous three trading sessions. New Gold Inc.'s stock is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $5.33 is below its 200-day moving average of $5.79. Further, New Gold Inc.'s stock has a Relative Strength Index (RSI) of 46.64. Sign up today to read free research on NGD at:

http://www.investor-edge.com/2579-NGD-15May2014.pdf

Shares in Franco-Nevada Corp. gained 2.04% on Wednesday, closing the day at $49.09. The stock recorded a trading volume of 0.41 million shares, below its three months average volume of 0.64 million shares. The stock oscillated between $48.35 and $49.25 during the session. Shares in Franco-Nevada Corp. have advanced 0.02% in the previous three trading sessions and 4.87% in the last one month. Moreover, the stock has surged 20.50% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages of $48.10 and $45.13, respectively. Furthermore, the company's stock has an RSI of 50.17. Sign up today to read free research on FNV at:

http://www.investor-edge.com/2579-FNV-15May2014.pdf

Rubicon Minerals Corp.'s stock edged 0.92% lower on Wednesday, finishing the session at $1.08. A total of 0.37 million shares were traded, below its three months average volume of 1.05 million shares. The stock moved between $1.07 and $1.11 during the session. Rubicon Minerals Corp.'s shares have advanced 2.86% in the previous three trading sessions and 25.44% from the beginning of 2014. Although the stock has lost 3.57% over the last one month. The company's shares are trading below their 50-day and 200-day moving averages of $1.15 and $1.22, respectively. Moreover, Rubicon Minerals Corp.'s shares have an RSI of 47.55. Sign up today to read free research on RBY at:

http://www.investor-edge.com/2579-RBY-15May2014.pdf

Shares in Randgold Resources Ltd recorded a trading volume of 0.38 million shares, which was below its three months average volume of 0.70 million shares. On Wednesday, the stock finished the day at $77.25, which was 0.74% higher than its previous day's closing of $76.68, and registered an intraday range of $77.09 and $77.82. Over the previous three trading sessions and on YTD basis, shares in Randgold Resources Ltd have gained 0.99% and 22.99%, respectively. However, the company's shares have lost 3.32% in the last one month. Randgold Resources Ltd's stock is trading below its 50-day moving average. The stock's 50-day moving average of $79.01 is above its 200-day moving average of $73.52. Additionally, the company's stock traded at a PE ratio of 25.25 and has an RSI of 43.55. Sign up today to read free research on GOLD at:

http://www.investor-edge.com/2579-GOLD-15May2014.pdf


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