Randgold Resources Ltd (GOLD): Today's Featured Metals & Mining Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day down 0.8%. By the end of trading, Randgold Resources rose $1.37 (1.9%) to $74.27 on average volume. Throughout the day, 1,157,379 shares of Randgold Resources exchanged hands as compared to its average daily volume of 970,600 shares. The stock ranged in a price between $72.15-$75.41 after having opened the day at $72.36 as compared to the previous trading day's close of $72.90. Other companies within the Metals & Mining industry that increased today were:
(
), up 19.6%,
(
), up 11.2%,
(
), up 9.4% and
(
), up 9.0%.
Randgold Resources Limited engages in the exploration and development of gold deposits in Sub-Saharan Africa. Randgold Resources has a market cap of $6.8 billion and is part of the basic materials sector. Shares are down 26.0% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Randgold Resources a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates Randgold Resources as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share.
- You can view the full Randgold Resources Ratings Report.
On the negative front,
(
), down 19.3%,
(
), down 16.4%,
(
), down 15.2% and
(
), down 14.8% , were all laggards within the metals & mining industry with
(
) being today's metals & mining industry laggard.
- Use our metals & mining section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider
(
) while those bearish on the metals & mining industry could consider
PowerShares DB Base Metals Sht ETN
(
).
- Find other investment ideas from our top rated ETFs lists.
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