Welcome!

News Feed Item

Gold Stocks Technical Review -- Allied Nevada Gold, Gold Resource, AuRico Gold, AngloGold Ashanti, and McEwen Mining

Editor Note: For more information about this release, please scroll to bottom.

LONDON, August 29, 2014 /PRNewswire/ --

On Thursday, August 28, 2014, the NASDAQ Composite ended at 4,557.70, down 0.26%, the Dow Jones Industrial Average declined 0.25%, to finish the day at 17,079.57, and the S&P 500 closed at 1,996.74, down 0.17%. The losses were broad based as seven out of ten sectors ended the session in negative. The S&P 500 Materials Sector Index ended the day at 317.58, up 0.05%, with the index also advancing 3.81% in the previous three months. Investor-Edge has initiated coverage on the following equities: Allied Nevada Gold Corporation (NYSE MKT: ANV), Gold Resource Corporation (NYSE MKT: GORO), AuRico Gold Inc. (NYSE: AUQ), AngloGold Ashanti Ltd (NYSE: AU), and McEwen Mining Inc. (NYSE: MUX). Free research on these five companies can be accessed at:  

http://investor-edge.com/register

Allied Nevada Gold Corp.'s stock advanced 3.06%, to close the day at $3.71. The stock recorded a trading volume of 2.18 million shares, below its three months average volume of 2.74 million shares. The stock oscillated between $3.62 and $3.75 during the session. Over the last one month and over the past three months, Allied Nevada Gold Corp.'s shares have surged 12.42% and 32.03%, respectively. Further, the stock has gained 4.51% since the start of this year. The stock is trading above its 50-day moving average of $3.46, while the 50-day moving average is below Allied Nevada Gold Corp.'s 200-day moving average of $3.91. Additionally, the stock traded at a PE ratio of 95.06 and has a Relative Strength Index (RSI) of 61.52. Sign up and read the free notes on ANV at:

http://www.Investor-Edge.com/ANV-29Aug2014

On Thursday, shares in Gold Resource Corp. recorded a trading volume of 0.40 million shares, lower than its three months average volume of 0.77 million shares. The stock ended the day at $6.19, which was 0.32% above its previous day's closing of $6.17, and registered an intraday range of $6.13 and $6.26. Shares of the company traded at a PE ratio of 39.39. Gold Resource Corp.'s shares have gained 13.58% in the last one month, 42.30% in the previous three months and 36.64% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $5.36 and $4.97, respectively. Furthermore, shares of Gold Resource Corp. have an RSI of 64.89. The complimentary notes on GORO can be downloaded as in PDF format at:

http://www.Investor-Edge.com/GORO-29Aug2014

AuRico Gold Inc.'s stock gained 1.59%, to close Thursday's session at $4.48, after oscillating between $4.43 and $4.52. The stock recorded a trading volume of 0.87 million shares, below its three months average volume of 1.49 million shares. Over the last three trading sessions and the previous three months, AuRico Gold Inc.'s shares have advanced 6.41% and 28.37%, respectively. Additionally, the stock has gained 22.40% since the beginning of this year. The stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $4.26 is above its 200-day moving average of $4.21. Further, AuRico Gold Inc.'s stock has an RSI of 54.77. Register for free on Investor-Edge and access the latest research on AUQ at:

http://www.Investor-Edge.com/AUQ-29Aug2014

AngloGold Ashanti Ltd's stock finished Thursday's session 0.12% higher at $16.99. A total of 0.95 million shares were traded, which was below its three months average volume of 1.94 million shares. The stock moved between $16.92 and $17.16 during the session. AngloGold Ashanti Ltd's shares have advanced 1.68% in the previous three trading sessions and 9.90% in the last three months. Additionally, from the beginning of 2014, the stock has gained an upside of 44.97%. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $17.45 is greater than its 200-day moving average of $16.09. AngloGold Ashanti Ltd's stock has an RSI of 42.98. The complete research on AU is available for free at:

http://www.Investor-Edge.com/AU-29Aug2014

On Thursday, shares in McEwen Mining Inc. fluctuated between $2.68 and $2.80 before ending the session 4.89% higher at $2.79. The stock reported a trading volume of 1.12 million shares, below its three months average volume of 2.37 million shares. Shares of the company traded at a PE ratio of 139.50. McEwen Mining Inc.'s shares have surged 4.10% in the previous three trading sessions, 34.78% in the last three months and 42.35% on YTD basis. The stock is trading above its 200-day moving average of $2.50. Moreover, shares of McEwen Mining Inc. have an RSI of 41.26. Free in depth research on MUX is available at:

http://www.Investor-Edge.com/MUX-29Aug2014

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

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2017 New York The 7th Internet of @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, New York. Chris Matthieu is the co-founder and CTO of Octoblu, a revolutionary real-time IoT platform recently acquired by Citrix. Octoblu connects things, systems, people and clouds to a global mesh network allowing users to automate and control design flo...
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at this scale: they’re too costly, slow and physically cumbersome to keep up. Fortunately, in response a new breed of technology has emerged that is cheaper, faster and more scalable. Yet, in meeting these new needs they...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at 20th Cloud Expo, Ed Featherston, director/senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busin...
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
The Internet of Things (IoT) promises to simplify and streamline our lives by automating routine tasks that distract us from our goals. This promise is based on the ubiquitous deployment of smart, connected devices that link everything from industrial control systems to automobiles to refrigerators. Unfortunately, comparatively few of the devices currently deployed have been developed with an eye toward security, and as the DDoS attacks of late October 2016 have demonstrated, this oversight can ...
Get deep visibility into the performance of your databases and expert advice for performance optimization and tuning. You can't get application performance without database performance. Give everyone on the team a comprehensive view of how every aspect of the system affects performance across SQL database operations, host server and OS, virtualization resources and storage I/O. Quickly find bottlenecks and troubleshoot complex problems.
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We are the public cloud providers. We are currently providing 50% of the resources they need for doing e-commerce business in China and we are hosting about 60% of mobile gaming in China," explained Yi Zheng, CPO and VP of Engineering at CDS Global Cloud, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.