Randgold Stock Hits New 52-Week Low (GOLD)

NEW YORK ( TheStreet) -- Randgold Resources (Nasdaq: GOLD) hit a new 52-week low Wednesday as it is currently trading at $60.28, below its previous 52-week low of $60.42 with 566,062 shares traded as of 1:50 p.m. ET. Average volume has been 982,700 shares over the past 30 days.

Randgold has a market cap of $5.63 billion and is part of the basic materials sector and metals & mining industry. Shares are down 38.4% year to date as of the close of trading on Tuesday.

Randgold Resources Limited engages in the exploration and development of gold deposits in Sub-Saharan Africa.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

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.

See all 52-week low stocks or get investment ideas from our investment research center.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..

null

More from Markets

Facebook, Amazon, Microsoft and Ford - 5 Things You Must Know

Facebook, Amazon, Microsoft and Ford - 5 Things You Must Know

Facebook Set for Biggest Gain in Two Years After Q1 Earnings Top Forecasts

Facebook Set for Biggest Gain in Two Years After Q1 Earnings Top Forecasts

Global Stocks Mixed, U.S. Futures Soften as Earnings, Oil, Rates Cloud Sentiment

Global Stocks Mixed, U.S. Futures Soften as Earnings, Oil, Rates Cloud Sentiment

European Automakers Gain on Reports China Mulling Auto Tariff Reduction

European Automakers Gain on Reports China Mulling Auto Tariff Reduction

Deutsche Bank Plans 'Significant' Job Cuts as Q1 Profits Slump

Deutsche Bank Plans 'Significant' Job Cuts as Q1 Profits Slump