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Tag: AUY

  • Early Morning Vibes: Watch These 4 Stocks Today

    During the session on January 22, American stock indexes finished mostly in the red zone. The S&P 500 index dropped 0.30% to 3841 points, the Dow Jones lost 0.57%, and only the NASDAQ was able to add a symbolic 0.09%. The news background remained calm. A slight correction was caused by the fixation of positions after the rally. The real estate sector outperformed the market, climbing 0.3% on the back of an unexpected rise in secondary home sales. In general, macro statistics pleasantly surprised investors: business activity increased significantly in January.

    Company news

    Intel (INTC: -9.3%) posted good quarterly results, but investors were disappointed with forecasts of insufficient pace of outsourcing of part of the production of microchips.

    IBM (IBM: -9.9%) quarterly revenue fell short of consensus expectations.

    Medical device maker Intuitive Surgical (ISRG: -6.8%) notes the continued negative impact of COVID-19 on surgical system sales, so it is holding back from forecasts for the current year for now.

    Today, world stock exchanges are showing mostly positive dynamics. The focus is on negotiations between Democrats and Republicans over a $ 1.9 trillion economic aid package. The last meeting of legislators took place on Sunday, which indicates the desire to make a decision as quickly as possible. The Biden administration is pushing Congress hard as speeding up the vaccination process is heavily dependent on additional funding. Almost all congressmen agree with this, but on many other points of the plan, the contradictions are growing. Investors have already come to a consensus that in the final version the volume of the next anti-crisis package will be significantly less than the declared $ 1.9 trillion. Optimism at the moment is due to the fact

    The season of corporate reporting has a decisive influence on the dynamics of the market. Microsoft, AMD, Apple, Facebook, and several other major corporations will report quarterly results this week.

    Asian stock markets closed in the green. Japan’s Nikkei added 0.67%, Hong Kong’s Hang Seng rose 2.41% and China’s CSI300 climbed 1.01%. The European EuroStoxx 50 is trading near zero.

    The appetite for risk increases. The 10-year Treasury rate is reduced to 1.08%. Brent crude futures are rising to $ 55.75. Gold is consolidating around $ 1,855.

    The Freedom Finance Sentiment Index climbed to 65 out of 100. The indicator reflects market participants’ hope for a global economic recovery in 2021. Concerns about the negative impact of the coronavirus pandemic are slowly diminishing thanks to the prospect of mass vaccinations.

    Technical picture

    Technically, the S&P 500 is showing an upward bias in the medium term. The trading session on January 22 did not change the picture. The relative strength of buyers prevails, but the upper border of the equidistant channel at 3860 points is a serious resistance. In this regard, short-term consolidation is quite possible.

    Today Top Movers

    ‎BlackBerry Ltd (BB) stock ascended 28.21% at $18 in the pre-‎market trading today.‎‎

    ‎Castor Maritime Inc (CTRM) stock moved up 2.47 percent to $0.41 in the pre-market ‎trading following the declaration of $15.3 million debt financing.

    ‎Palantir Technologies Inc (PLTR) is up more than 6.26% at $34.62 in pre-market ‎hours ‎Monday, ‎January 25, 2021, after the firm declared that Lauren Friedman Stat has been appointed to Palantir’s Board of Directors and Audit Committee of the Board.

    ‎Vyne Therapeutics Inc (VYNE) grew over 60.11% at $3.01 in pre-market ‎trading ‎today.‎‎ The company revealed the execution of a contract with a major PBM for its novel AMZEEQ® (minocycline) topical foam, 4%, and ZILXI® (minocycline) topical foam, 1.5%.

    Top Upgrades & Downgrades

    RBC Capital turned bullish on American Eagle Outfitters Inc. (AEO), upgrading the stock to “Outperform” and assigning a $30.0 price target, representing a potential upside of 23.56% from Friday’s close.

    Atlantic Capital Bancshares Inc. (ACBI) has won the favor of Raymond James’s equity research team. The firm upgraded the shares from Market Perform to Outperform.

    Medifast Inc. (MED) received an upgrade from analysts at Jefferies, who also set their one-year price target on the stock to $265.0. They changed their rating on MED to Buy from Hold in a recently issued research note.

    Earlier Monday Goldman Sachs reduced its rating on IMAX Corporation (IMAX) stock to Neutral from Buy and assigned the price target to $17.9.

    Truist Securities analysts reduced their investment ratings, saying in research reports covered by the media that it’s rating for Magnite Inc. (MGNI) has been changed to Hold from Buy and the new price target is set at $37.

    Analysts at Goldman Sachs downgraded Glu Mobile Inc. (GLUU)’s stock to Neutral from Buy Monday.

    Latest Insider Activity

    3D Systems Corporation (DDD) EVP, Chief Legal Officer & Sec Johnson Andrew Martin announced the sale of shares taking place on Jan 22 at $30.10 for some 4,000 shares. The total came to more than $0.12 million.

    Kopin Corporation (KOPN) Chief Financial Officer SNEIDER RICHARD sold on Jan 22 a total of 364,006 shares at $4.00 on average. The insider’s sale generated proceeds of almost $0.18 million.

    ServiceSource International Inc. (SREV) 10% Owner Edenbrook Capital, LLC declared the purchase of shares taking place on Jan 21 at $1.50 for some 78,880 shares. The transaction amount was around $0.12 million.

    Owens & Minor Inc. (OMI) Director Henkel Robert J bought on Jan 15 a total 21,000 shares at $27.11 on average. The purchase cost the insider an estimated $27,110.

    Important Earnings

    Top US earnings releases scheduled for today include Steel Dynamics Inc. (NASDAQ: STLD). It will announce its Dec 2020 financial results. The company is expected to report earnings of $0.83 per share from revenues of $2.53B in the three-month period.

    Analysts expect AGNC Investment Corp. (NASDAQ: AGNC) to report a net income (adjusted) of $0.65 per share when the bank releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $362.11M.

    Xilinx Inc. (XLNX), due to announce earnings after the market closes today, is expected to report earnings of $0.68 per share from revenues of $775.66M recently concluded three-month period.

  • 29 Stocks Taking Bigger Strides in Pre Market Session

    29 Stocks Taking Bigger Strides in Pre Market Session

    Aethlon Medical Inc. (NASDAQ: AEMD) shares are trading down -7.08% at $2.1 at the time of writing after reporting First Patient Treated in First-in-Human Clinical Trial of HEMOPURIFIER® in Head and Neck Cancer. Company’s 52-week ranged between $0.76 to $4.34.

    Nxt-ID Inc. (NXTD) stock soared 41.77% to $1.31 in the pre-market trading. The most recent rating by Maxim Group, on November 20, 2017, is a Buy.

    Atossa Therapeutics Inc. (ATOS) gained over 9.38% at $1.05 in pre-market trading Thursday December 17, 2020.

    iQIYI Inc. (IQ) stock moved up 1.8 percent to $18.43 in the pre-market trading following the pricing of its offering of US$800 Million 4.00% convertible senior notes due 2026 and its offering of 40,000,000 American Depositary Shares.

    Naked Brand Group Limited (NAKD), a Apparel Manufacturing company, dropped about -2.44% at $0.1561 in pre-market trading Thursday.

    Diginex Limited (EQOS) is up more than 8.02% at $10.5 in pre-market hours Thursday December 17, 2020. The stock had jumped over 35.75% to $9.72 in the last trading session.

    Riot Blockchain Inc. (RIOT) gained over 9.67% at $11.8 in pre-market trading Thursday December 17, 2020. The firm recently reported an 8 megawatt (MW) pilot project to assess the potential for higher productivity and lower cost mining opportunities in Texas.

    Marathon Patent Group Inc. (MARA) grew over 19.81% at $9.86 in pre-market trading today.

    Zomedica Corp. (ZOM) is down more than -1.97% at $0.1594 in pre-market hours Thursday December 17, 2020. The stock had dropped over -3.21% to $0.16 in the last trading session.

    Phunware Inc. (NASDAQ: PHUN) shares are trading up 4.85% at $1.02 at the time of writing. Company’s 52-week ranged between $0.54 to $3.00. Analysts have a consensus price target of $4.

    Before the trading started on December 17, 2020, Genius Brands International Inc. (GNUS) is down -2.37% to reach $1.65. It has been trading in a 52-week range of $0.05 to $11.73.

    Before the trading started on December 17, 2020, Jaguar Health Inc. (JAGX) is down -2.52% to reach $0.4099. It has been trading in a 52-week range of $0.19 to $1.08.

    Kinross Gold Corporation (KGC) grew over 2.2% at $7.43 in pre-market trading today.

    Neovasc Inc. (NVCN) stock plunged -6.25% to $0.9 in the pre-market trading after declaring publication of peer-reviewed article in Euro Intervention. The most recent rating by Canaccord Genuity, on January 19, 2018, is a Buy.

    Transocean Ltd. (RIG) stock moved up 3.31 percent to $2.5 in the pre-market trading.

    Moderna Inc. (MRNA), a Biotechnology company, dropped about -1.66% at $134.75 in pre-market trading Thursday. The firm recently revealed that the it concluded an agreement with the Ministry of Health of Singapore to supply mRNA-1273, Moderna’s vaccine candidate against COVID-19

    Yamana Gold Inc. (AUY) stock soared 2.13% to $5.75 in the pre-market trading. The most recent rating by BMO Capital Markets, on November 16, 2020, is an Outperform.

    BioLineRx Ltd. (NASDAQ: BLRX) shares are trading up 3.15% at $2.95 at the time of writing after revealing final results from Phase 2 a COMBAT/KEYNOTE-202 triple combination study of Motixafortide in second line Metastatic Pancreatic Cancer (PDAC). Company’s 52-week ranged between $1.06 to $3.72. Analysts have a consensus price target of $3.

    MicroVision Inc. (MVIS) tumbled over -0.5% at $3.99 in pre-market trading today.

    DAVIDsTEA Inc. (DTEA), a Packaged Foods company, dropped about -2.12% at $2.31 in pre-market trading Thursday following release its third quarter results for the period ended October 31, 2020.

    Bit Digital Inc. (BTBT) gained over 18.02% at $5.96 in pre-market trading Thursday December 17, 2020.

    BioCardia Inc. (BCDA) is up more than 3.45% at $6.0 in pre-market hours Thursday December 17, 2020 after reporting $10.5 million registered direct offering priced at-the-market under Nasdaq rules. The stock had dropped over -13.43% to $5.80 in the last trading session.

    Before the trading started on December 17, 2020, Canaan Inc. (CAN) is up 15.79% to reach $4.4. It has been trading in a 52-week range of $1.76 to $8.69.

    TransEnterix Inc. (TRXC) stock plunged -0.39% to $0.58 in the pre-market trading. The firm today revealed that Southern Surgical Hospital has entered into an agreement to lease and utilize a Senhance® Surgical System. The most recent rating by RBC Capital Mkts, on August 08, 2019, is a Sector perform.

    Xunlei Limited (NASDAQ: XNET) shares are trading up 7.89% at $3.28 at the time of writing. Company’s 52-week ranged between $2.38 to $5.94.

    Coeur Mining Inc. (CDE) grew over 4.09% at $10.7 in pre-market trading today after revealing details of the expansion of its Rochester silver-gold mine in Nevada, reflecting significant reserve growth and the benefits of a larger-scale expansion project.

    Hecla Mining Company (HL) stock moved up 2.41 percent to $5.96 in the pre-market trading.

    9 Meters Biopharma Inc. (NMTR), a Biotechnology company, rose about 19.21% at $0.9 in pre-market trading Thursday after declaring closing of offering of common stock.

    First Majestic Silver Corp. (AG) stock moved up 1.74 percent to $12.3 in the pre-market trading.

  • 31 stocks trending in pre-market

    31 stocks trending in pre-market

    NIO Limited (NIO) stock soared 2.95% to $42.19 in the pre-market trading following the pricing of offering of 68,000,000 American depositary shares. The most recent rating by Goldman, on December 01, 2020, is a Neutral. NIO Inc.

    Veru Inc. (NASDAQ: VERU) shares are trading up 7.17% at $10.39 at the time of writing after declaring positive Phase 2 clinical trial results for enobosarm, for the treatment of endocrine and chemotherapy resistant ER+/HER2- metastatic breast cancer, which was selected as a Spotlight Presentation at the 2020 San Antonio Breast Cancer Symposium. Company’s 52-week ranged between $2.10 to $7.86. Analysts have a consensus price target of $6.

    Occidental Petroleum Corporation (OXY) stock soared 2.45% to $19.64 in the pre-market trading. The most recent rating by MKM Partners, on December 07, 2020, is a Neutral.

    BioCardia Inc. (BCDA), a Biotechnology company, rose about 9.38% at $4.9 in pre-market trading Tuesday after reporting entry into definitive agreements with investors for the purchase and sale of 1,789,474 shares of its common stock at a purchase price of $4.75 per share in a registered direct offering priced at-the-market under Nasdaq rules.

    Genius Brands International Inc. (GNUS) gained over 15.85% at $2.12 in pre-market trading Tuesday December 15, 2020. The company recently revealed that it has secured a commitment to receive $100 million in cash on January 15, 2021 from New York-based Mudrick Capital Management as a result of a new first lien debt financing.

    Nikola Corporation (NKLA) is up more than 2.38% at $16.8 in pre-market hours Tuesday December 15, 2020. The stock had dropped over -6.87% to $16.41 in the last trading session.

    Virgin Galactic Holdings Inc. (SPCE) is up more than 2.83% at $27.22 in pre-market hours Tuesday December 15, 2020 following an update on test flight program. The stock had dropped over -17.38% to $26.47 in the last trading session.

    Before the trading started on December 15, 2020, Huntington Bancshares Incorporated (HBAN) is up 2.32% to reach $12.8 after reporting merger with TCF Financial Corporation to create top 10 U.S. regional bank. It has been trading in a 52-week range of $6.82 to $15.63.

    Plug Power Inc. (PLUG) stock soared 2.65% to $26.38 in the pre-market trading. The most recent rating by B. Riley Securities, on November 10, 2020, is a Buy.

    XPeng Inc. (NYSE: XPEV) shares are trading up 3.86% at $48.99 at the time of writing after its P7 super-long range sports sedan received car of the Year 2021 award in Xuanyuan Awards. Company’s 52-week ranged between $17.11 to $74.49. Analysts have a consensus price target of $58.

    AnPac Bio-Medical Science Co. Ltd. (ANPC), a Biotechnology company, dropped about -5.26% at $5.4 in pre-market trading Tuesday following the proclamation from the firm that it has made significant progress in detecting pre-cancer diseases.

    Yamana Gold Inc. (AUY) stock moved up 2.66 percent to $5.4 in the pre-market trading.

    Zynga Inc. (ZNGA) gained over 3.9% at $9.05 in pre-market trading Tuesday December 15, 2020 following the declaration of pricing of offering of $762 million of convertible senior notes.

    IZEA Worldwide Inc. (IZEA) is down more than -5.68% at $0.9243 in pre-market hours Tuesday December 15, 2020 after announcing that it has seen a surge of new customers in Q4 2020. The stock had jumped over 15.00% to $0.98 in the last trading session.

    Cameco Corporation (CCJ) grew over 3.16% at $13.7 in pre-market trading today.

    Before the trading started on December 15, 2020, HEXO Corp. (HEXO) is down -2.8% to reach $0.9817 after releasing its first quarter fiscal 2021 financial results. It has been trading in a 52-week range of $0.35 to $2.30.

    Nano Dimension Ltd. (NNDM) stock soared 1.8% to $6.77 in the pre-market trading. The most recent rating by Maxim Group, on October 21, 2016, is a Buy.

    Teligent Inc. (TLGT) tumbled over -3.53% at $0.78 in pre-market trading today.

    Synlogic Inc. (NASDAQ: SYBX) shares are trading down -5.51% at $2.4 at the time of writing following advancement of SYNB1891 to combination arm dosing with PD-L1 checkpoint inhibitor in the on-going phase 1 study for the treatment of solid tumors and lymphoma. Company’s 52-week ranged between $1.35 to $3.99.

    BioNTech SE (BNTX) stock soared 5.48% to $114.2 in the pre-market trading. The most recent rating by BofA Securities, on December 01, 2020, is a Neutral. Pfizer Inc. (PFE) and BioNTech SE (BNTX) recently declared additional data on neutralizing antibody and T cell responses from the Phase 1/2 trial with BNT162b2 conducted in Germany

    Torchlight Energy Resources Inc. (TRCH) tumbled over -12.14% at $0.543 in pre-market trading today.

    Seelos Therapeutics Inc. (SEEL) stock moved up 5.47 percent to $1.35 in the pre-market trading after revealing the sale of a $12.0 million senior secured convertible note and shares of Seelos common stock to investors.

    Bed Bath & Beyond Inc. (BBBY) gained over 4.35% at $19.69 in pre-market trading Tuesday December 15, 2020 following the declaration of definitive agreement to sell its remaining non-core banner Cost Plus World Market (CPWM) to Kingswood Capital Management, a Los Angeles-based private equity firm.

    Before the trading started on December 15, 2020, Aerpio Pharmaceuticals Inc. (ARPO) is down -3.33% to reach $1.16. It has been trading in a 52-week range of $0.42 to $2.31.

    Before the trading started on December 15, 2020, Energy Fuels Inc. (UUUU) is up 2.94% to reach $3.15 after reporting that it has entered into a three-year supply agreement with The Chemours Company (CC) to acquire a minimum of 2,500 tons per year of natural monazite sands. It has been trading in a 52-week range of $0.78 to $3.10.

    Uranium Energy Corp. (UEC) grew over 5.62% at $1.69 in pre-market trading today after filing fiscal 2021 Q1 quarterly report.

    MicroVision Inc. (MVIS), a Scientific & Technical Instruments company, rose about 5.43% at $3.3 in pre-market trading Tuesday.

    NovaBay Pharmaceuticals Inc. (NBY) is down more than -2.28% at $0.68 in pre-market hours Tuesday December 15, 2020 after reporting that its proprietary hypochlorous acid solution has received U.S. Environmental Protection Agency (EPA) approval for a kill claim against SARS-CoV-2, the virus that causes COVID-19. The stock had jumped over 0.86% to $0.70 in the last trading session.

    vTv Therapeutics Inc. (VTVT), a Biotechnology company, dropped about -10.44% at $2.66 in pre-market trading Tuesday after declaring a licensing agreement with Anteris Bio for worldwide rights to vTv’s novel clinical-stage Nrf2 activator compound, HPP971.

    Socket Mobile Inc. (NASDAQ: SCKT) shares are trading down -15.38% at $2.42 at the time of writing. Company’s 52-week ranged between $0.76 to $4.50.

    ArcelorMittal (MT) grew over 4.3% at $22.08 in pre-market trading today after announcing investment agreement with Invitalia, an Italian state-owned company.

  • 10 Stocks to watch in Yellow Metal Clan

    10 Stocks to watch in Yellow Metal Clan

    During Monday’s Asian exchange, gold goes down to $1,837.50, down 0.12 % intraday. In doing so, though pursuing the risk-positive reports, the yellow metal holds the downside pressure depicted at the week’s start. However, in the wake of the coronavirus (COVID-19) troubles and a lack of clarification regarding the main problems, bears are still wary.

    Brexit updates are still on the risk-positive side, suggesting that President Ursula von der Leyen of the European Commission (EC) and UK PM Boris Johnson have decided to prolong the Brexit talks for another week. Over the past week, lawmakers have confirmed that they remain “far apart from Brexit.

    A 10-day SMA downside split, currently close to $1,842, directs gold prices to peaks about $1,818/17 in late November before testing the $1,800 mark and the previous month’s low of $1,764.60.

    Kinross Gold Corporation (NYSE:KGC) shares were trading down -1.50% at $7.20 at the time of writing on Friday.

    Kinross Gold Corporation (NYSE:KGC) share price went from a low point around $2.72 to briefly over $10.31 in past 52 weeks, though shares have since pulled back to $7.20. KGC market cap has remained high, hitting $9.15B at the time of writing, giving it price-to-sales ratio of more than 2.

    If we look at the recent analyst rating KGC, BofA Securities upgraded coverage on KGC.

    Barrick Gold Corporation (GOLD) last closed at $22.90, in a 52-week range of $12.65 to $31.22. The company on November 26, 2020 reported that it has retained its listing in the prestigious Dow Jones Sustainability Index’s (DJSI) World Index, ranking in the 95th percentile of all mining companies assessed. Analysts have a consensus price target of $33.74.

    Yamana Gold Inc. (AUY) stock drop by -2.67% to $5.47. The firm revealed on December 3, 2020, positive drill results from the Lavra Velha, Monument Bay, and Borborema projects, as well as the addition of two new projects, Cambista and Cambiazo, to the program in Chile. The most recent rating by BMO Capital Markets, on November 16, 2020, is at an Outperform.

    New Gold Inc. (AMEX:NGD) Shares headed falling, lower as much as -3.59%. On November 23, 2020, the gold mining company declared partial redemption of outstanding 6.375% senior notes. The most recent rating by CIBC, on September 16, 2020, is at a Sector outperform.

    Newmont Corporation (NYSE:NEM) fall -0.52% after losing more than -$0.31 on Friday. The firm revealed on December 8, 2020, its 2021 outlook with attributable gold production guidance of 6.5 million ounces and AISC of $970 per ounce.

    Harmony Gold Mining Company Limited (HMY) last closed at $4.14, in a 52-week range of $1.76 to $7.61. Analysts have a consensus price target of $4.86.

    Hecla Mining Company (HL) stock drop by -2.49% to $5.09. The firm declared that its subsidiary Hecla Quebec, operator of the Casa Berardi Mine, has finalized a Cooperation Agreement with the Council of the Abitibiwinni First Nation (CAFN). The most recent rating by ROTH Capital, on October 27, 2020, is at a Buy.

    Gold Fields Limited (NYSE:GFI) Shares headed falling, lower as much as -1.46%. The most recent rating by RBC Capital Mkts, on September 15, 2020, is at a Sector perform.

    B2Gold Corp. (AMEX:BTG) fall -1.08% after losing more than -$0.06 on Friday.

    IAMGOLD Corporation (IAG) last closed at $3.54, in a 52-week range of $1.44 to $5.35. On December 1, 2020, IAMGOLD Corporation (IAG) reported remaining assay results from the 2020 drilling program and confirmed the extension of the Renard System to the West at the Nelligan Gold Project, Quebec.

  • 11 Best Performing Gold Industry Stocks That Can’t Be Ignored

    11 Best Performing Gold Industry Stocks That Can’t Be Ignored

    Once again, gold and Silver are lower going into the European open. As further ETF outflows have registered in recent sessions, the yellow metal is 0.11 % in the red and trades at $1836 per ounce. Silver appears to have made a fresh lower high on the daily chart, and the next significant support level to watch is the previous wave low at $21.89 as a break that might escalate losses.

    The indexes in the Asia Pacific region even suffered after the disappointing handover from the US. The Nikkei 225 finished 0.23% lower, and the ASX also dropped 0.67% lower. The outperformer was the Shanghai Composite in China, and it traded only above flat.

    Brexit keeps dominating the newswires in terms of news. PM Johnson of the UK and Von der Layen of the EU all decided that a statement on the future of talks could take this Sunday. The United Kingdom currently claims that the EU should not value the integrity of the country. Boris kept claiming that no other country would agree that anyone else was in charge of its oceans. Following are the leading stocks.

    Galiano Gold Inc. (AMEX:GAU) shares were trading down -3.39% at $1.14 at the time of writing on Wednesday. On November 30, 2020, the company provided an update from its 2020 exploration program underway at the Asanko Gold Mine, located in Ghana, West Africa.

    Galiano Gold Inc. (AMEX:GAU) share price went from a low point around $0.56 to briefly over $2.12 in past 52 weeks, though shares have since pulled back to $1.14. GAU market cap has remained high, hitting $264.37M at the time of writing.

    If we look at the recent analyst rating GAU, Desjardins initiated coverage on GAU shares with a Buy rating and a $1.81 price target, which implies room for 0.67% upside momentum this year.

    Equinox Gold Corp. (EQX) last closed at $10.10, in a 52-week range of $4.63 to $13.66. The gold mining company declared filing of Santa Luz technical report, on November 30, 2020.

    IAMGOLD Corporation (IAG) stock drop by -2.47% to $3.56. The most recent rating by Desjardins, on September 09, 2020, is at a Buy.

    Kinross Gold Corporation (NYSE:KGC) Shares headed falling, lower as much as -3.18%. The most recent rating by BofA Securities, on August 05, 2020, is at a Buy.

    AngloGold Ashanti Limited (NYSE:AU) fall -3.11% after losing more than -$0.69 on Wednesday. The company recently appointed Maria Ramos as chairwoman. She will replace Sipho Pityana.

    Yamana Gold Inc. (AUY) last closed at $5.55, in a 52-week range of $2.23 to $7.02. Analysts have a consensus price target of $3.92. On December 2, 2020, the firm provided an update on its generative exploration program activities.

    Sandstorm Gold Ltd. (SAND) stock drop by -4.34% to $7.28. The most recent rating by RBC Capital Mkts, on October 29, 2020, is at a Sector perform.

    Almaden Minerals Ltd. (AMEX:AAU) Shares headed falling, lower as much as -3.03% after reporting successful advance of community water project.

    New Gold Inc. (AMEX:NGD) rose 1.42% after gaining more than $0.03 on Wednesday. The Canadian-focused company on November 23, 2020 revealed partial redemption of outstanding 6.375% senior notes.

    B2Gold Corp. (BTG) last closed at $5.57, in a 52-week range of $2.16 to $7.55. On December 2, 2020, the company proclaimed that it has been recognized as industry-leading responsible miner. Analysts have a consensus price target of $3.50.

    SSR Mining Inc. (SSRM) stock drop by -4.79% to $19.08. The firm on November 30, 2020 announced the positive results of its independently prepared Master Plan study of the Çöpler District. The most recent rating by BofA Securities, on December 03, 2020, is at a Buy.

  • Top 15 Gold Stocks You Should Be Holding Right Now

    Top 15 Gold Stocks You Should Be Holding Right Now

    Gold Industry has experienced a high gold demand in 2020  and its prices also fluctuate during the period of uncertainty. This industry has shown a remarkable performance in the first half of 2020, increasing 16.8% in the first half 2020. The COVID-19 pandemic has a devastating effect on the global economy.

    The gold industry is undergoing changes because of changes in demand patterns, the emergence of new technological advancements, the entrance of new types of participants in the market, and new regulatory changes. Let take a look at these 15 leading companies in Gold Industry that are adopting new trends and technologies to keep pace with fast-growing markets:

    Kinross Gold Corporation (NYSE: KGC)

    Kinross Gold Corporation (NYSE: KGC) shares were trading down -10.63% at $7.82 at the time of writing on Wednesday. Kinross Gold Corporation (NYSE: KGC) share price went from a low point around $2.72 to briefly over $10.31 in the past 52 weeks, though shares have since pulled back to $7.82. KGC market cap has remained high, hitting $10.01B at the time of writing, giving it a price-to-sales ratio of more than 2.

    Kinross Gold Corporation (KGC) has earlier revealed that it anticipates producing an average of approximately 2.5 million gold equivalent ounces per year from 2020 – 2029 driven primarily by promising organic opportunities across its global portfolio. If we look at the recent analyst rating KGC, BofA Securities upgraded coverage on KGC shares with a Buy rating and an $11.93 price target, which implies room for 4.11% upside momentum this year.

    Yamana Gold Inc. (NYSE: AUY)

    Yamana Gold Inc. (NYSE: AUY) stock drop by -8.28% to $5.32 after Yamana Gold Provides an Update on Exploration Activities at Canadian Malartic; Announces Positive Drill Results From East Gouldie. The most recent rating by Scotiabank, on April 16, 2020, is at a Sector outperform. Yamana Gold Inc. (AUY) market cap has remained high, hitting $5.06 Billion at the time of writing.

    Barrick Gold Corporation (NYSE: GOLD)

    Barrick Gold Corporation (NYSE: GOLD) last closed at $25.92, in a 52-week range of $12.65 to $31.22. Analysts have a consensus price target of $34.12. Barrick Gold Corporation (GOLD) has earlier revealed that the wholly-owned subsidiaries of Barrick and Bullfrog Gold Corp. have signed a purchase agreement pursuant to which Barrick will sell to BFGC all of Barrick’s mining claims, historical resources, permits, rights of way, and water rights in the Bullfrog mine area.

    Hecla Mining Company (NYSE: HL)

    Hecla Mining Company (NYSE: HL) shares headed falling, lower as much as -8.86%. The most recent rating by ROTH Capital, on October 27, 2020, is at a Buy. Hecla Mining Company (HL) has revealed its production results and its cash position at the end of the third quarter. It has reported a Silver production of 3.5 million ounces and gold production of 41,174 ounces.

    Newmont Corporation (NYSE: NEM)

    Newmont Corporation (NYSE: NEM) fall -4.87% after losing more than -$3.0 on Wednesday. Newmont Corporation (NEM) revealed that its Board of Directors declared a quarterly dividend of $0.40 per share of common stock, payable on December 28, 2020, to holders of record at the close of business on December 11, 2020.

    New Gold Inc. (AMEX: NGD)

    New Gold Inc. (AMEX: NGD) last closed at $2.00, in a 52-week range of $0.39 to $2.28. Analysts have a consensus price target of $3.81. New Gold Inc. (NGD) has earlier revealed its third-quarter operational results ended on September 30, 2020. It has announced that it is scheduled to host a conference call on November 5, 2020.

    B2Gold Corp. (AMEX: BTG)

    B2Gold Corp. (AMEX: BTG) shares headed falling, lower as much as -9.28%. The most recent rating by RBC Capital Mkts, on August 19, 2020, is at a Sector perform. B2Gold Corp. (BTG) has reported its gold production and gold revenue for the third quarter and first nine months of 2020.

    Alamos Gold Inc. (NYSE: AGI)

    Alamos Gold Inc. (NYSE: AGI) fall -8.35% after losing more than -$0.74 on Wednesday. Alamos Gold Reports Third Quarter 2020 Results. Alamos Gold Inc. (AGI) share price went from a low point around $3.34 to briefly over $11.58 in the past 52 weeks. AGI market cap has remained high, hitting $3.18 Billion at the time of writing.

    IAMGOLD Corporation (NYSE: IAG)

    IAMGOLD Corporation (NYSE: IAG) stock drop by -10.33% to $3.56. The most recent rating by Desjardins, on September 09, 2020, is at a Buy. IAMGOLD Corporation (IAG) revealed that all of its outstanding 7.000% Senior Notes due 2025 have been redeemed. The redemption had been earlier funded on September 29, 2020, with the net profits from the Company’s recent issue of $450 million aggregate principal amount of 5.750% Senior Notes due 2028, and the indenture governing the 2025 Notes was satisfied and discharged on that date.

    Eldorado Gold Corporation (NYSE: EGO)

    Eldorado Gold Corporation (NYSE: EGO) fall -9.52% after losing more than -$1.26 on Wednesday. Eldorado Gold Corporation (EGO) has earlier revealed its Q3 2020 preliminary production of 136,672 ounces of gold, a 35% increase over Q3 2019. It has moved up 160.43% from its 52-weeks low and moved down -15.81% from its 52-weeks high.

    Pretium Resources Inc. (NYSE: PVG)

    Pretium Resources Inc. (NYSE: PVG) last closed at $11.50, in a 52-week range of $4.05 to $14.55. Analysts have a consensus price target of $13.66. Pretium Resources Inc. (PVG) is scheduled to share third quarter 2020 operational and financial results after the market close on Thursday, October 29th, 2020. The webcast and conference call to discuss Q3 2020 is scheduled to take place on Friday, October 30th.

    Sandstorm Gold Ltd. (NYSE: SAND)

    Sandstorm Gold Ltd. (NYSE: SAND) stock drop by -9.62% to $7.42. The most recent rating by TD Securities, on October 20, 2020, is at a Buy. Sandstorm Gold Ltd. (SAND) is scheduled to report its 2020 third-quarter results on Thursday, October 29, 2020, after markets close. A conference call is scheduled to take place on Friday, October 30, 2020, starting at 8:30 am PDT.

    Harmony Gold Mining Company Limited (NYSE: HMY)

    Harmony Gold Mining Company Limited (NYSE: HMY) last closed at $4.81, in a 52-week range of $1.76 to $7.61. Analysts have a consensus price target of $6.08. Harmony Gold Mining Company Limited (HMY) has moved up 173.30% from its 52-weeks low and moved down -36.79% from its 52-weeks high. This company market capitalization has remained high, hitting $2.99 billion at the time of writing.

    Gold Fields Limited (NYSE: GFI)

    Gold Fields Limited (NYSE: GFI) shares headed falling, lower as much as -7.73%. The most recent rating by RBC Capital Mkts, on September 15, 2020, is at a Sector perform. Gold Fields Limited (GFI) has moved up 183.64% from its 52-weeks low and moved down -27.85% from its 52-weeks high. This company market capitalization has remained high, hitting $9.49 billion at the time of writing.

    Coeur Mining Inc. (NYSE: CDE)

    Coeur Mining Inc. (CDE) stock drop by -12.32% to $6.83 after Coeur Reports Third Quarter 2020 Results. The most recent rating by Noble Capital Markets, on September 14, 2020, is at an Outperform. Coeur Mining Inc. (CDE) share price went from a low point around $1.98 to briefly over $9.25 in the past 52 weeks. CDE market cap has remained high, hitting $1.66 Billion at the time of writing.

  • 15 Best Gold Stocks To Buy In October

    15 Best Gold Stocks To Buy In October

    The gold industry has shown a remarkable performance in the first half of 2020, increasing by 16.8% in US dollar terms. Various industries have shown different levels of performance because of the uncertainty surrounding the COVID-19 pandemic. This pandemic is having a devastating impact on the global economy.

    The gold industry is also bearing the impact of the COVID-19 pandemic. Its structure is undergoing change because of changes in the demand pattern, evolution of new technologies, new regulatory changes, and new types of participants in the market.  Here are the few companies in the Gold industry which are following new trends and are adopting new technologies:

    Yamana Gold Inc. (NYSE: AUY)

    Yamana Gold Inc. (NYSE: AUY) shares were trading up 4.58% at $6.17 at the time of writing on Friday. Yamana Gold Inc. (NYSE: AUY) share price went from a low point around $2.23 to briefly over $7.02 in the past 52 weeks, though shares have since pulled back to $6.17. AUY market cap has remained high, hitting $5.87B at the time of writing, giving it a price-to-sales ratio of more than 4.

    Yamana Gold Inc. has announced the preliminary results of the third quarter. The gold company has disclosed that it has recorded gold production of 201,772 ounces and silver production of 3.04 million ounces. If we look at the recent analyst rating AUY, Scotiabank upgraded coverage on AUY shares with a Sector outperform rating and a $3.92 price target, which implies room for -2.25% downside momentum this year.

    Barrick Gold Corporation (NYSE: GOLD)

    Barrick Gold Corporation (GOLD) last closed at $28.05, in a 52-week range of $12.65 to $31.22. Analysts have a consensus price target of $33.83. Barrick Gold Corporation (GOLD) has announced previously that it is scheduled to release its third-quarter 2020 results on Thursday, November 5, 2020. Barrick has earlier executed the Eskay Greek Transaction. This company has a total market capitalization of 48.33 billion at the time of writing.

    Kinross Gold Corporation (NYSE: KGC)

    Kinross Gold Corporation (NYSE: KGC) stock soar by 5.57% to $9.10. The most recent rating by BofA Securities, on August 05, 2020, is at a Buy. Kinross Gold Corporation (KGC) disclosed that it will reveal its financial statements and operating results for the third quarter of 2020 on November 4. The company will hold the conference call and audio webcast to talk about the quarter results on November 5.

    Hecla Mining Company (NYSE: HL)

    Hecla Mining Company (NYSE: HL) Shares headed rising, higher as much as 6.35%. The most recent rating by BofA Securities, on August 05, 2020, is at a Neutral. Hecla Mining Company (HL) has announced the cash position and quarter result at the end of the third quarter. It has recorded the Silver production of 3.5 million ounces and gold production of 41,174 ounces. It has reported the Lead production of 9,750 tons and zinc production of 17,997 tons.

    IAMGOLD Corporation (NYSE: IAG)

    IAMGOLD Corporation (NYSE: IAG) rose 4.08% after gaining more than $0.16 on Friday. IAMGOLD Corporation (IAG) revealed that all of its outstanding 7.000% Senior Notes due 2025 have been redeemed. The redemption had been earlier funded on September 29, 2020, with net profits from the Company’s recent issue of $450 million aggregate principal amount of 5.750% Senior Notes due 2028, and the indenture governing the 2025 Notes was satisfied and discharged on that date.

    Eldorado Gold Corporation (NYSE: EGO)

    Eldorado Gold Corporation (NYSE: EGO) Shares headed rising, higher as much as 10.80%. The most recent rating by RBC Capital Mkts, on October 09, 2020, is at a Sector perform. Greece has approved a technical study for test drilling by Canada’s Eldorado Gold Corp at one of its minefields, the energy ministry said on Monday. Eldorado Gold Corporation (EGO) market cap has remained high, hitting $1.94 billion at the time of writing.

    Coeur Mining Inc. (NYSE: CDE)

    Coeur Mining Inc. (NYSE: CDE) rose 7.33% after gaining more than $0.56 on Friday. Coeur Mining Inc. (CDE) disclosed that it will report its third-quarter 2020 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, October 28, 2020. The Company will be hosting a conference call on Thursday, October 29, 2020.

    Harmony Gold Mining Company Limited (NYSE: HMY)

    Harmony Gold Mining Company Limited (NYSE: HMY) rose 9.56% after gaining more than $0.52 on Friday. Harmony Gold Mining Company Limited (HMY) share has changed between the 52-weeks low range of $1.76 and a high range of $7.6. It has moved up 238.64% from its 52-weeks low and moved down -21.68% from its 52-weeks high. This company market capitalization has remained high, hitting $3.28 billion at the time of writing.

    B2Gold Corp. (AMEX: BTG)

    B2Gold Corp. (AMEX: BTG) last closed at $6.94, in a 52-week range of $2.16 to $7.55. Analysts have a consensus price target of $3.50. B2Gold Corp. (BTG) has moved up 221.30% from its 52-weeks low and moved down -8.08% from its 52-weeks high. This company market capitalization has remained high, hitting $7.25 billion at the time of writing.

    New Gold Inc. (AMEX: NGD)

    New Gold Inc. (AMEX: NGD) stock soar by 7.18% to $2.09. The most recent rating by CIBC, on September 16, 2020, is at a Sector outperform. New Gold Inc. (NGD) share price went from a low point around $0.39 to briefly over $2.22 in the past 52 weeks, though shares have since pulled back to $2.09. NGD market cap has remained high, hitting $1.33 Billion at the time of writing.

    Gold Fields Limited (NYSE: GFI)

    Gold Fields Limited (NYSE: GFI) shares headed rising, higher as much as 7.25%. The most recent rating by RBC Capital Mkts, on September 15, 2020, is at a Sector perform. Gold Fields Limited (GFI) share has changed between the 52-weeks low range of $3.79 and a high range of $14.90. It has moved up 247.49% from its 52-weeks low and moved down -11.61% from its 52-weeks high. This company market capitalization has remained high, hitting $10.74 billion at the time of writing.

    Newmont Corporation (NYSE: NEM)

    Newmont Corporation (NYSE: NEM) last closed at $62.82, in a 52-week range of $33.00 to $72.22. Analysts have a consensus price target of $78.04. It has moved up 90.36% from its 52-weeks low and moved down -13.02% from its 52-weeks high. This company market capitalization has remained high, hitting $49.62 billion at the time of writing.

    Sibanye Stillwater Limited (NYSE: SBSW)

    Sibanye Stillwater Limited (NYSE: SBSW) stock soar by 11.51% to $12.69. The most recent rating by RBC Capital Mkts, on September 15, 2020, is at an Outperform. Sibanye Stillwater Limited (SBSW) share has changed between the 52-weeks low range of $3.50 and a high range of $13.89. It has moved up 262.57% from its 52-weeks low and moved down -8.61% from its 52-weeks high. This company market capitalization has remained high, hitting $8.30 billion at the time of writing.

    AngloGold Ashanti Limited (NYSE: AU)

    AngloGold Ashanti Limited (NYSE: AU) last closed at $27.94, in a 52-week range of $12.66 to $38.50. Analysts have a consensus price target of $35.96. AngloGold Ashanti Limited (AU) has moved up 120.70% from its 52-weeks low and moved down -27.43% from its 52-weeks high. This company market capitalization has remained high, hitting $10.93 billion at the time of writing.

    Wheaton Precious Metals Corp. (NYSE: WPM)

    Wheaton Precious Metals Corp. (NYSE: WPM) stock soar by 6.14% to $51.03. The most recent rating by BMO Capital Markets, on August 20, 2020, is at a Market perform. Wheaton Precious Metals Corp. (WPM) market capitalization has remained high, hitting $21.50 billion at the time of writing.

  • Top 10 Trending Gold Stocks To Buy In September

    Top 10 Trending Gold Stocks To Buy In September

    Gold has long been considered a safe haven during market turmoil. It has been characterized as a high-value commodity. The gold market has faced many changes because of the evolving gold demand patterns. Demand for gold experiences positive growth in times of economic uncertainty and during the severe market crisis.

    The demand for gold is always higher than the production capacity of the world. The gold mining industry has the ability to provides economic lifeblood to many regional communities. Gold has exceptional performance in the first half of 2020. It increased by 16.8% in US dollar terms and perform better than all other major asset classes. Gold prices increase between early June and early September as the uncertainty increases and interest rate drops.

    Here are the top 10 leading companies in Gold Industry that need your attention:

    Yamana Gold Inc. (NYSE: AUY)

    Yamana Gold Inc. (NYSE: AUY) shares were trading up 4.64% at $6.31 at the time of writing on Wednesday.  Yamana Gold Inc. (NYSE: AUY) share price went from a low point around $2.23 to briefly over $7.02 in the past 52 weeks, though shares have since pulled back to $6.31. AUY market cap has remained high, hitting $6.00B at the time of writing, giving it a price-to-sales ratio of more than 4.

    Yamana Goldd Inc. gave an update on exploration results for the Minera Florida, El Peñón, and Jacobina mines. The exploration result continues to aid year-over-year growth, with promising new discoveries in the first half of 2020.  If we look at the recent analyst rating AUY, Scotiabank upgraded coverage on AUY shares with a Sector outperform rating and a $3.92 price target, which implies room for -2.39% downside momentum this year.

    Barrick Gold Corporation (NYSE: GOLD)

    Barrick Gold Corporation (NYSE: GOLD) last closed at $30.46, in a 52-week range of $12.65 to $31.22. Analysts have a consensus price target of $32.99. Barrick Gold Corporation (GOLD) has lost a court challenge last week over the rights to the Porgera gold mine. Barrick CEO has faced a stark test in the fight for Papua Guinea mine. Previously, Barrick Gold Corporation has chosen Nguvu Moja Security Services Limited (NMSS) to replace an international security firm at its Tanzanian gold mines. Barrick has a total market capitalization of $54.84 billion at the time of writing.

    Hecla Mining Company (NYSE: HL)

    Hecla Mining Company (NYSE: HL) shares headed rising, higher as much as 4.95%. The most recent rating by BofA Securities, on August 05, 2020, is at a Neutral. Hecla Mining Company (HL) has earlier disclosed that it has decided to raise the quarterly dividend by 50% and decreased the realized price threshold for the silver-linked dividend. Its market cap remained high, hitting $3.12 billion at the time of writing.

    New Gold Inc. (AMEX: NGD)

    New Gold Inc. (AMEX: NGD) rose 6.18% after gaining more than $0.11 on Wednesday. New Gold Inc. (NGD) has earlier disclosed that it has concluded the sale of the Blackwater Project to Artemis Gold Inc. In this sale deal, the financial consideration includes the total payment of $190 million consists of an initial cash payment of $140 million and $50 million in cash payable on August 21, 2020. New Gold has a total market cap of $1.26 billion at the time of writing.

    IAMGOLD Corporation (NYSE: IAG)

    IAMGOLD Corporation (NYSE: IAG) rose 3.25% after gaining more than $0.13 on Wednesday. IAMGOLD Corporation (IAG) disclosed today that it has priced a private offering of $450 million aggregate principal amount of senior notes due 2028. The Notes bear interest at 5.750% per annum and are being issued at a price of 100% of their face amount, providing the Company with gross proceeds of $450 million. The closing date of the notes is September 23, 2020.

    Newmont Corporation (NYSE: NEM)

    Newmont Corporation (NYSE: NEM) last closed at $68.17, in a 52-week range of $33.00 to $72.22. Analysts have a consensus price target of $76.65. Newmont Corporation (NEM) has earlier appointed Susan N. Story to the Board of Directors effective September 10th. She has more than 38 years of experience in the water, energy, and electricity industries. She has worked as the President and Chief Executive Officer of American Water Works Co. Inc. earlier.

    Kinross Gold Corporation (NYSE: KGC)

    Kinross Gold Corporation (NYSE: KGC) stock soar by 7.38% to $9.17. The most recent rating by BofA Securities, on August 05, 2020, is at a Buy. Kinross Gold Corporation (KGC) has a 52-weeks low and high range of $2.72 and $10.20. Kinross has traded up 237.13% from its 52-weeks low and traded down -10.14% from its 52-weeks high. Its market cap remained high, hitting $11.65 billion at the time of writing.

    Gold Fields Limited (NYSE: GFI)

    Gold Fields Limited (NYSE: GFI) last closed at $13.40, in a 52-week range of $3.79 to $14.40. Analysts have a consensus price target of $13.61. Gold Fields Limited (GFI) stock has fluctuated between the 52-weeks low of $3.79 and a 52-weeks high of $14.40. Gold Fields moved up 253.56% from its 52-weeks low and moved down -6.91% from its 52-weeks high.

    Harmony Gold Mining Company Limited (NYSE: HMY)

    Harmony Gold Mining Company Limited (NYSE: HMY) stock soar by 8.51% to $6.25. The most recent rating by JP Morgan, on February 21, 2019, is at an Overweight. Harmony Gold Mining Company Limited (HMY) has a 52-weeks low and high range of $1.76 and $7.61. HMY has traded up 255.11% from its 52-weeks low and traded down -17.87% from its 52-weeks high. Its market cap remained high, hitting $3.81 billion at the time of writing.

    B2Gold Corp. (AMEX: BTG)

    B2Gold Corp. (AMEX: BTG) Shares headed rising, higher as much as 4.71%. The most recent rating by RBC Capital Mkts, on August 19, 2020, is at a Sector perform. B2Gold Corp. (AMEX: BTG) stock has fluctuated between the 52-weeks low of $2.16 and a 52-weeks high of $7.55. B2Gold Corp. moved up 208.80% from its 52-weeks low and moved down -11.66% from its 52-weeks high.