Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for Randgold Resources (Nasdaq: GOLD) is tomorrow, May 8, 2013. Owners of shares as of market close today will be eligible for a dividend of 48 cents per share. At a price of $77.40 as of 9:31 a.m. ET, the dividend yield is 0.6%. The average volume for Randgold has been 748,500 shares per day over the past 30 days. Randgold has a market cap of $7.25 billion and is part of the basic materials sector and metals & mining industry. Shares are down 20.7% year to date as of the close of trading on Monday. Randgold Resources Limited engages in the exploration and development of gold deposits in Sub-Saharan Africa. The company has a P/E ratio of 16.9, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Randgold as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Randgold Ratings Report. See our dividend calendar or top-yielding stocks list. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.