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.
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