Investopedia

Gold and Silver Stocks, Including Randgold Resources Ltd, Making Big Moves on November 7, 2012

November 07, 2012 | Filed Under » ,
Tickers in this Article » GOLD, HMY, CDE, SSRI, KGC, PAAS, IAG
It's been a bad day for the market after the morning's trading. The Nasdaq has slipped 2.7%; the S&P 500 is trading down 2.6%; and the Dow has decreased 2.5%.

The Gold and Silver sector (SLV) is currently ahead of the overall market, down only 1.6%, and its biggest movers are currently:
CompanyMarket CapPercentage Change
Randgold Resources Ltd (Nasdaq:GOLD)$11.16 billion-8.7%
Harmony Gold Mining Co (NYSE:HMY)$3.48 billion+5.1%
Coeur d\'Alene (NYSE:CDE)$2.17 billion+5%
Silver Standard Resources Inc (Nasdaq:SSRI)$1.18 billion-3.7%
Kinross Gold Corporation (NYSE:KGC)$10.67 billion-3.7%
Pan American Silver Corp (Nasdaq:PAAS)$3.29 billion-2.7%
IAMGOLD Corporation (NYSE:IAG)$5.77 billion-2.6%
Beginner's Guide To Thinkorswim Trading Platform

Randgold Resources Ltd (Nasdaq:GOLD) is down 8.7% to reach $110.91 per share. So far today, the company's volume is 791,269 shares, which is more trading activity than there was yesterday.

After an increase of 5.1%, Harmony Gold Mining Co (NYSE:HMY) has reached a current price of $8.47. This morning, the company is trading a volume of 1.6 million shares.

Coeur d'Alene (NYSE:CDE) has moved up 5% and is currently trading at $25.31 per share. The company's volume for the day so far is three million shares, 1.1 times its average over the past three months.

Silver Standard Resources Inc (Nasdaq:SSRI) has decreased to $14.12 per share, a 3.7% fall. The company's volume for the day so far is 295,144 shares. This is consistent with its current daily average.

Slipping 3.7%, Kinross Gold Corporation (NYSE:KGC) is currently trading at $9.01 per share. So far today, seven million shares have changed hands,.

Currently trading at $21.02 per share, Pan American Silver Corp (Nasdaq:PAAS) has fallen 2.7%. The company's volume for the day so far is 701,334 shares.

IAMGOLD Corporation (NYSE:IAG) is currently trading at a share price of $14.93, a 2.6% decline. At 1.2 million shares, the company's volume so far today is in keeping with the average volume over the past three months.

The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. It is important to weigh current activity against historical performance when making any investment decisions. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

comments powered by Disqus
Marketplace

Trading Center