Wall Street Fundamentals Releases New In-Depth Stock Reports on BVN, IAG, NG and NGD


Follow this company

Companies Mentioned

NYSE:BVN / NYSE:IAG / NYSE:NG / NYSE:NGD
09/03/2013 [ACCESSWIRE]

Prices for Gold have rallied approximately 20 percent since its low of $1,180.20 an ounce in June. The Market Vectors Gold Miners ETF (NYSE: ARCA: GDX) and the Market Vectors Junior Gold Miners ETF (NYSE: ARCA: GDXJ) have posted gains of 9.93 percent and 23.11 percent, respectively, in the past month. "Geopolitical tensions in Syria are one of the factors which will be supporting gold prices in coming sessions," said Nic Brown commodities analyst at Natixis in London. "And you also have the latest data out of the United States over the past couple of sessions that was relatively weak and raised the question mark over the timing of the U.S. Fed tapering," he added.

Compania de Minas Buenaventura SA (NYSE: BVN) shares traded in the range of $12.25 to $12.69 Friday before settling to close at $12.63, an increase of 1.20 percent. The stock appears to be facing some resistance at the $13.62 and $15.22 levels with some support at $11.72. Shares of Compania de Minas Gold have fallen approximately 85.0 percent year-to-date.

More information on Compania de Minas and access to the free equity report can be found at:
www.WallStreetFundamentals.com/BVN

IAMGOLD Corp. (NYSE: IAG)(TSX: IMG) shares traded in the range of $5.92 to $6.25 Friday before settling to close at $6.02, a decrease of 2.43 percent. The stock appears to be facing some resistance at the $6.04 and $7.05 levels with some support at $5.63. Shares of IAMGOLD have fallen approximately 47.0 percent year-to-date.

More information on IAMGOLD and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/IAG

NovaGold Resources Inc. (NYSEMKT: NG)(TSX: NG) shares traded in the range of $2.70 to $2.83 Friday before settling to close at $2.74, a decrease of 0.72 percent. The stock appears to be facing some resistance at the $2.93 and $4.11 levels with some support at $2.72. Shares of Harmony Gold Mining have fallen approximately 39.0 percent year-to-date.

More information on NovaGold Resources and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/NG

New Gold Inc. (NYSEMKT: NGD)(TSX: NGD) shares traded in the range of $6.61 to $6.79 Friday before settling to close at $6.74, a decrease of 0.74 percent. The stock appears to be facing some resistance at the $7.20 and $7.56 levels with some support at $6.32. Shares of New Gold have fallen approximately 38.0 percent year-to-date.

More information on New Gold and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/NGD

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at http://www.wallstreetfundamentals.com/ today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: http://www.wallstreetfundamentals.com/
Email: editor@wallstreetfundamentals.com

COMMENTS

Leave a comment...
 * 

Your Name
 *