Randgold Stock Hits New 52-Week Low (GOLD)

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) -- Randgold Resources (Nasdaq: GOLD) hit a new 52-week low Thursday as it is currently trading at $66.47, below its previous 52-week low of $66.51 with 394,525 shares traded as of 10:10 a.m. ET. Average volume has been 841,500 shares over the past 30 days.

Randgold has a market cap of $6.69 billion and is part of the basic materials sector and metals & mining industry. Shares are down 26.8% year to date as of the close of trading on Wednesday.

Randgold Resources Limited engages in the exploration and development of gold deposits in Sub-Saharan Africa. The company has a P/E ratio of 15.6, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Randgold as a hold. 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 Ratings Report.

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