Technical Study: Barrick Gold Corp., Kinross Gold Corp., Goldcorp Inc., and
AngloGold Ashanti Ltd
LONDON, October 23, 2013
LONDON, October 23, 2013 /PRNewswire/ --
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The U.S. equity market posted gains on Tuesday, October 22, 2013. All three
benchmark indexes edged higher, with the S&P 500, the Dow Jones Industrial
Average, and the NASDAQ Composite gaining 0.57%, 0.49% and 0.24% respectively.
Shares in the gold industry rallied, tracking gains in the broader market. The
major movers in the industry included Barrick Gold Corporation (NYSE: ABX),
Kinross Gold Corporation (NYSE: KGC), Goldcorp Inc. (NYSE: GG), and AngloGold
Ashanti Ltd (NYSE: AU). AAAResearchReports.com free coverage on ABX, KGC, GG,
and AU is available upon registration at:
Barrick Gold Corp.'s shares rallied on Tuesday, tracking gains in the broader
market. The company's shares closed at$19.88, up 4.91%, after oscillating
between$19.25 and$19.91 during the trading session. A total of 18.28 million
shares were traded, which is above the daily average volume of 16.44 million.
The company's shares have gained 7.46% in the last three trading sessions and
13.21% in the previous three months, outperforming the S&P 500, which has
gained 1.24% and 3.49% during the respective periods. Further, Barrick Gold
Corp.'s stock is trading above its 50-day moving average of $18.68. Download
free technical research on ABX by signing up at:
Shares in Kinross Gold Corp. surged on Tuesday, finishing at$5.20, up 3.17%
from the previous day's closing price of$5.04. The company's shares
oscillated between$5.09 and $5.25 during the trading session. A total of
11.50 million shares were traded, which is below the daily average volume of
11.64 million. The company's stock has advanced 6.56% in the previous three
trading sessions, compared to a gain of 1.24% in the S&P 500 during the same
period. Despite Tuesday's gains, Kinross Gold Corp.'s stock is trading below
its 50-day and 200-day moving averages of $5.27 and $60.29, respectively.
Register now and get access to free analysis on KGC at:
On Tuesday, Goldcorp Inc.'s shares rallied 4.93%, extending gains from the
previous trading session. The company's shares finished the day at$26.19
after fluctuating between$25.51 and $26.27 during the trading session. A
total of 9.43 million shares were traded, which is above the daily average
volume of 8.32 million. The company's stock has gained 6.77% in the previous
three trading sessions, outperforming the S&P 500, which has gained 1.24%
during the same period. Additionally, Goldcorp Inc.'s shares are trading below
their 50-day and 200-day moving averages of $27.30 and $29.56, respectively.
Sign up and read our complimentary report on GG at:
Shares in AngloGold Ashanti Ltd. rallied 9.05% on Tuesday, tracking gains in
the broader market. The company's shares fluctuated between$15.21 and
$16.49before ending the day at$16.26. A total of 4.49 million shares were
traded, which is above the daily average volume of 3.95 million. The company's
shares have rallied 15.89% in the last three months and 25.17% in the previous
one month, compared to a gain of 3.49% and 2.62% in the S&P 500 during the
respective periods. Moreover, AngloGold Ashanti Ltd.'s stock is currently
trading above its 50-day moving average of $13.54. The free report on AU can
be downloaded by signing up now at:
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