Randgold Rises On Unusually High Volume (GOLD)

NEW YORK ( TheStreet) -- Randgold Resources (Nasdaq: GOLD) is trading at unusually high volume Thursday with two million shares changing hands. It is currently at two times its average daily volume and trading up $7.18 (+11.8%) at $67.88 as of 4 p.m. ET.

  • 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.

Randgold has a market cap of $5.71 billion and is part of the basic materials sector and metals & mining industry. Shares are down 37.5% 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.

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 heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..
null

If you liked this article you might like

CVS Health, Coca-Cola, Norfolk Southern: 'Mad Money' Lightning Round

CVS Health, Coca-Cola, Norfolk Southern: 'Mad Money' Lightning Round

Victory Comes From Leadership: Cramer's 'Mad Money' Recap (Thursday 11/9/17)

Victory Comes From Leadership: Cramer's 'Mad Money' Recap (Thursday 11/9/17)

Here's What Stocks You Want to Own in the Event of a War With North Korea

Here's What Stocks You Want to Own in the Event of a War With North Korea

This Is the Best Gold Stock to Own If You're Worried About North Korea's Bombs

This Is the Best Gold Stock to Own If You're Worried About North Korea's Bombs

What North Korea's Claim It Has Tested a Hydrogen Bomb Means for Your Portfolio

What North Korea's Claim It Has Tested a Hydrogen Bomb Means for Your Portfolio