NEW YORK, June 12, 2017 /PRNewswire/ --
DailyStockTracker.com revisits the Gold space to see how select
stocks have performed at the closing bell on Friday, June 09th, 2017: Eldorado Gold
Corp. (NYSE: EGO), McEwen Mining Inc. (NYSE: MUX), AngloGold
Ashanti Ltd (NYSE: AU), and Primero Mining Corp. (NYSE: PPP). As
per an article on FX Empire, now that the ECB, the Comey's
testimony, and the UK vote are in the rear-view mirror, traders can
focus on the Fed, which is scheduled to meet on June 14th, 2017. Take a look at the
free research reports issued today on DailyStockTracker.com for
these stocks by signing up at:
http://dailystocktracker.com/register/
Eldorado Gold
Last Friday at the close, shares in Vancouver, Canada headquartered Eldorado Gold
Corp. ended 1.40% higher at $2.90.
The stock recorded a trading volume of 6.02 million shares. The
Company's shares are trading below their 200-day moving average by
13.78%. Furthermore, shares of Eldorado Gold, which together with
its subsidiaries, engages in the exploration, development, and
mining of gold properties in Turkey, Greece, Brazil, Serbia, and Romania, have a Relative Strength Index (RSI)
of 35.46.
On May 15th, 2017,
Eldorado Gold announced that it has entered into a definitive
agreement with Integra Gold Corp. ("Integra"), pursuant to which
the former has agreed to acquire all of the issued and outstanding
common shares of Integra that it does not currently own, by way of
a plan of arrangement under the Business Corporations Act. The
total transaction value is approximately C$590 million, inclusive of Integra's shares held
by Eldorado. Sign up and read the
free research report on EGO at:
http://dailystocktracker.com/registration/?symbol=EGO
McEwen Mining
Toronto, Canada headquartered
McEwen Mining Inc.'s stock finished Friday's session 5.42% lower at
$2.62 with a total trading volume of
3.20 million shares. The Company's shares are trading below their
50-day moving average by 10.26%. Shares of the Company , which
explores for, develops, produces, and sells gold, silver, and
copper ores in Argentina,
Mexico, and the US, have an RSI of
39.93.
On May 31st, 2017, McEwen
Mining announced the results of the annual meeting of shareholders
held on May 25th, 2017.
The Company's shareowners elected as directors were: Robert McEwen, Allen
Ambrose, Michele Ashby,
Leanne Baker, Richard Brissenden, Robin Dunbar, Gregory
Fauquier, Donald Quick, and
Michael Stein. Shareowners also
approved the issuance to Robert
McEwen of 405,740 shares of the Company's common stock upon
conversion of subscription receipts issued as part of the
acquisition of Lexam VG Gold Inc. The complimentary research report
on MUX can be downloaded at:
http://dailystocktracker.com/registration/?symbol=MUX
AngloGold Ashanti
Shares in Johannesburg, South
Africa headquartered AngloGold Ashanti Ltd ended the session
1.73% lower at $11.95 with a total
trading volume of 3.74 million shares. The stock has gained 9.33%
in the past month, 19.38% over the previous three months, and
13.70% on an YTD basis. The Company's shares are trading above
their 50-day moving average by 2.61%. Moreover, shares of AngloGold
Ashanti, which operates as a gold mining and exploration company,
have an RSI of 53.42. Register for free on DailyStockTracker.com
and access the latest report on AU at:
http://dailystocktracker.com/registration/?symbol=AU
Primero Mining
Toronto, Canada-based Primero
Mining Corp.'s shares recorded a trading volume of 1.21 million
shares, which was above their three months average volume of 1.20
million shares. The stock closed 2.34% lower at $0.36. The Company's shares are trading 26.30%
below their 50-day moving average. Additionally, shares of Primero
Mining, which engages in the acquisition, exploration, development,
and operation of mineral resource properties in Canada and Mexico, have an RSI of 31.72.
On May 16th, 2017,
research firm Desjardins downgraded the Company's stock rating from
'Hold' to 'Sell'.
On June 02nd, 2017,
Primero Mining announced an update of activities at its operating
mines, the San Dimas gold-silver
mine located in Durango, Mexico
and the Black Fox mine located near Timmins, Ontario, Canada. The Company
continues to see operational improvements at both of its mines, and
it remains on-track to achieve its 2017 production guidance of
between 140,000 to 170,000 ounces of gold equivalent. Get free
access to your research report on PPP at:
http://dailystocktracker.com/registration/?symbol=PPP
--
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