Gold Stocks Technical Analysis - New Gold, Randgold Resources, Golden Star Resources, Cia de Minas Buenaventura, and Agnico Eagle Mines

LONDON, November 3, 2014 /PRNewswire/ --

Investor-Edge has initiated coverage on the following equities: New Gold Inc. (NYSE MKT: NGD), Randgold Resources Ltd (NASDAQ: GOLD), Golden Star Resources Ltd (NYSE MKT: GSS), Cia de Minas Buenaventura SAA (NYSE: BVN), and Agnico Eagle Mines Ltd (NYSE: AEM). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Friday, October 31, 2014, the NASDAQ Composite ended at 4,630.74, up 1.41%, the Dow Jones Industrial Average advanced 1.13%, to finish the day at 17,390.52, and the S&P 500 closed at 2,018.05, up 1.17%. The gains were broad based as all the sectors ended the session in positive. The S&P 500 Materials Sector Index ended the day at 304.39, up 1.87%, with the index also advancing 1.34% in the previous three trading sessions. Register for your complimentary reports on these five stocks at:  

http://investor-edge.com/register

On Friday, shares in New Gold Inc. fluctuated between $3.52 and $3.70 before ending the session 5.51% lower at $3.60, hitting a new 52-week low of $3.52. The stock reported a trading volume of 7.02 million shares, much above its three months average volume of 3.17 million shares. New Gold Inc.'s shares have plummeted 17.62% in the previous three trading sessions, 29.69% in the last one month and 31.30% on YTD basis. The company's stock closed below its 50-day and 200-day moving averages of $5.30 and $5.64, respectively. Moreover, shares of New Gold Inc. have a Relative Strength Index (RSI) of 21.27. Sign up and read the free notes on NGD at:

http://www.Investor-Edge.com/NGD-03Nov2014

Randgold Resources Ltd's stock declined 2.59%, to close the day at $58.21, hitting a new 52-week low of $58.00. The stock recorded a trading volume of 2.29 million shares, much above its three months average volume of 0.76 million shares. The stock oscillated between $58.00 and $59.39 during the session. Over the last three trading sessions and over the past one month, Randgold Resources Ltd's shares have declined 10.36% and 13.88%, respectively. Further, the stock has lost 7.32% since the start of this year. The company's stock closed below its 50-day and 200-day moving averages. The stock's 200-day moving average of $77.44 is above its 50-day moving average of $71.42. Additionally, Randgold Resources Ltd has an RSI of 27.33. The complimentary notes on GOLD can be downloaded as in PDF format at:

http://www.Investor-Edge.com/GOLD-03Nov2014

On Friday, shares in Golden Star Resources Ltd recorded a trading volume of 1.70 million shares, higher than its three months average volume of 0.96 million shares. The stock ended the day at $0.27, which was 6.90% below its previous day's closing of $0.29, and registered an intraday range of $0.26 and $0.30. Golden Star Resources Ltd's shares have lost 12.90% in the previous three trading sessions, 34.23% in the last one month and 38.64% on YTD basis. The company's stock closed below its 50-day and 200-day moving averages of $0.41 and $0.56, respectively. Furthermore, shares of Golden Star Resources Ltd have an RSI of 16.88. Register for free on Investor-Edge and access the latest research on GSS at:

http://www.Investor-Edge.com/GSS-03Nov2014

Cia de Minas Buenaventura SAA's stock plummeted 8.64%, to close Friday's session at $9.20, after oscillating between $9.04 and $9.89. The stock recorded a trading volume of 3.67 million shares, above its three months average volume of 1.63 million shares. Cia de Minas Buenaventura SAA's shares have declined 14.18% in the previous three trading sessions and 18.66% in the last one month. Additionally, from the beginning of 2014, the stock has lost 18.00%. The company's stock closed below its 50-day and 200-day moving averages. The stock's 50-day moving average of $12.11 is above its 200-day moving average of $12.05. Further, the stock has an RSI of 23.98. On the same day, Cia de Minas Buenaventura SAA announced its Q3 FY 2014 financial results. For Q4 FY 2014, the company reported net income attributable to Cia de Minas Buenaventura SAA of $78.3 million, or $0.31 per diluted share. The complete research on BVN is available for free at:

http://www.Investor-Edge.com/BVN-03Nov2014

Agnico Eagle Mines Ltd's stock finished Friday's session 5.05% lower at $23.50, hitting a 52-week low of $22.20. A total of 5.31 million shares were traded, which was above its three months average volume of 2.33 million shares. The stock moved between $22.20 and $24.00 during the session. Over the last three trading sessions and the previous one month, Agnico Eagle Mines Ltd's shares have plummeted 20.31% and 22.42%, respectively. Additionally, from the beginning of 2014, the stock has declined 10.92%. The company's shares closed below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $33.33 is greater than its 50-day moving average of $31.60. Agnico Eagle Mines Ltd's stock has an RSI of 27.76. Free in depth research on AEM is available at:

http://www.Investor-Edge.com/AEM-03Nov2014

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

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.