Investopedia

Barrick Gold Corporation and Other Big Movers In Gold and Silver on November 26, 2012

November 26, 2012 | Filed Under » ,
Tickers in this Article » AUQ, CDE, GOLD, RGLD, SSRI, ABX, NEM
On a bad day for the market, the Nasdaq has declined 0.4%, the S&P 500 has decreased 0.7% and the Dow is down 0.8%.

The Gold and Silver sector (SLV) is relatively unchanged on a bad day for the market overall. The current biggest movers in the sector are:
CompanyMarket CapPercentage Change
AuRico Gold (NYSE:AUQ)$2.33 billion-3.6%
Coeur d\'Alene (NYSE:CDE)$2.17 billion-3.3%
Randgold Resources Ltd (Nasdaq:GOLD)$9.87 billion-2.6%
Royal Gold (Nasdaq:RGLD)$5.45 billion-2.1%
Silver Standard Resources Inc (Nasdaq:SSRI)$1.15 billion-1.9%
Barrick Gold Corporation (NYSE:ABX)$35.56 billion-1.9%
Newmont Mining (NYSE:NEM)$23.44 billion-1.6%
Forex Broker Summary: Forex Capital Markets (FXCM)

AuRico Gold (NYSE:AUQ) has fallen 3.6% and is currently trading at $7.97 per share. At 800,379 shares, the company's volume so far today is 0.3 times the average daily volume.

After a decline of 3.3%, Coeur d'Alene (NYSE:CDE) has hit a share price of $23.31. So far today, the company's volume is 564,205 shares.

At $104.62, Randgold Resources Ltd (Nasdaq:GOLD) has slipped 2.6%. With 321,221 shares changing hands so far today, the company's volume is in keeping with its current three-month average.

Falling 2.1%, Royal Gold (Nasdaq:RGLD) is currently at a share price of $83.01. So far today, 151,206 shares have changed hands.

Silver Standard Resources Inc (Nasdaq:SSRI) is down 1.9% to reach $13.96 per share. At 138,674 shares, the company's volume so far today is 0.2 times its current daily average.

Barrick Gold Corporation (NYSE:ABX) is currently trading at a share price of $34.87, a 1.9% decline. The company's volume for the day so far is 2.7 million shares. This is on pace to reach yesterday's trading volume of 5.1 million shares.

Slipping 1.6%, Newmont Mining (NYSE:NEM) is currently trading at $46.91 per share. The company's volume is currently 1.2 million shares for the day, 0.2 times the current three-month average.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. Daily stock performance should be weighed against historical performance and put in context of the market overall. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.

comments powered by Disqus
Marketplace

Trading Center