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Metals & Mining Equities Updates -- Research on Eldorado Gold, AuRico Gold, Banro and Agnico Eagle Mines

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LONDON, March 21, 2014 /PRNewswire/ --

On Thursday, March 20, 2014, the NASDAQ Composite ended at 4,319.29, up 0.27%, the Dow Jones Industrial Average advanced 0.67% to 16,331.05, and the S&P 500 closed at 1,872.01, up 0.60%. The gains were broad based as nine out of ten sectors ended the session in positive. The S&P 500 Materials Sector Index finished the day at 298.05, up 0.47%, and the same has gained 2.12% in the last one month. Investor-Edge has initiated coverage on the following equities: Eldorado Gold Corp. (NYSE: EGO), AuRico Gold Inc. (NYSE: AUQ), Banro Corp. (NYSE MKT: BAA) and Agnico Eagle Mines Ltd (NYSE: AEM). Free technical research on EGO, AUQ, BAA and AEM can be downloaded upon signing up at:

Shares in Eldorado Gold Corp. recorded a trading volume of 3.97 million shares on Thursday, as compared with a three month average volume of 5.43 million shares. The stock ended the day flat at the previous day's closing price of $6.35 after trading between $6.26 and $6.44. The company's shares have fallen by 12.89% in the last one month, while the same has surged 15.66% in the previous three months and 11.60% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. Eldorado Gold Corp.'s 200-day moving average of $6.81 is above the 50-day moving average of $6.66. Furthermore, shares of the company are trading at an Relative Strength Index (RSI) of 38.92. Sign up today to read free research on EGO at:

On Thursday, AuRico Gold Inc.'s stock edged 0.44% higher to close the day at $4.52. A total of 1.46 million shares were traded, which is below the three months average volume of 2.61 million. The company's shares oscillated between $4.45 and $4.63 during the trading session. AuRico Gold Inc.'s shares have gained 32.16% in the previous three months and 23.50% on YTD basis. The stock is trading above its 200-day moving average. AuRico Gold Inc.'s 50-day moving average of $4.73 is above the 200-day moving average of $4.36. Further, the stock is trading at an RSI of 38.42. Sign up today to read free research on AUQ at:

Banro Corp.'s stock advanced 1.06% on Thursday, finishing the session at $0.56. The stock recorded a trading volume of 1.86 million shares as compared to a three months average volume of 1.32 million shares. The stock fluctuated between $0.53 and $0.58 during the session. Banro Corp.'s shares have lost 8.05% in the last one month, while the same has advanced 30.14% in the previous three months and 0.88% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. Banro Corp.'s 200-day moving average of $0.72 is above the 50-day moving average of $0.59. Moreover, the stock is trading at an RSI of 43.43. Sign up today to read free research on BAA at:

On Thursday, shares in Agnico Eagle Mines Ltd witnessed a trading volume of 1.98 million shares, as compared with a three month average volume of 2.45 million shares. The stock ended the day at $32.46, up 0.93% after vacillating between $31.60 and $32.83 during the session. Shares in Agnico Eagle Mines Ltd have declined 5.06% in the last one month, while the stock has rallied 28.86% in the previous three months and 23.05% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Agnico Eagle Mines Ltd's 50-day moving average of $31.62 is above the 200-day moving average of $28.82. Additionally, the company's shares are trading at an RSI of 46.22. Sign up today to read free research on AEM at:


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