Barrick Gold (ABX) ($16.57 vs. $28.65 on March 5) set a 52-week low at $15.71 on Monday. My monthly pivot is $16.81 with a weekly risky level at $19.95.
Agnico Eagle (AEM) ($26.14 vs. $39.19 on March 5) set a 52-week low at $25.41 on Monday. My quarterly pivot is $26.81 with a weekly risky level at $28.20.
Anglogold (AU) ($14.05 vs. $23.41 on March 5) set a 52-week low at $13.99 on Monday. My weekly pivot is $15.36 with a monthly risky level at $15.60.
Gold Fields (GFI) ($5.11 vs. $8.05 on March 5) set a 52-week high at $5.08 on Monday. My weekly value level is $4.88 with a monthly pivot at $5.94 and quarterly risky level at $7.59.Goldcorp (GG) ($23.58 vs. $32.03 on March 5) set a 52-week low at $23.12 on Monday. My monthly value level is $22.99 with a weekly risky level at $25.80. IAMGold (IAG) ($4.10 vs. $6.15 on March 5) set a 52-week low at $4.08 on Monday. My quarterly risky level is $4.90. Kinross Gold (KGC) ($4.87 vs. $7.53 on March 5) set a 52-week low at $4.83 on Monday. My quarterly pivot is $5.52 with a weekly risky level at $5.72. This is the gold mining stock that has been upgraded to buy from hold this morning. Kinross was trading at $6.48 when it was downgraded to hold on June 4. At $4.87 the stock fell another 24.8% before being upgraded this morning. (NEM) ($29.02 vs. $88.66 on May 8) set its 52-week low at $28.29 on Monday. My monthly value level is $27.14 with a weekly risky level at $31.06. At the time of publication the author held no positions in any of the stocks mentioned. Follow @Suttmeier This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
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