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Technical Roundup on Gold Stocks -- Gold Standard Ventures, Randgold Resources, Banro, and Seabridge Gold

T.SEA

PR Newswire

NEW YORK, November 7, 2016 /PRNewswire/ --

Today, Stock-Callers.com draws its attention to Gold, which posted a 2.2% weekly gain on Friday, November 04, 2016, finishing at $1,303.30 an ounce as Trump continues to rise in the polls. Let us now look at the performances of these four equities at the close of the last trading session: Gold Standard Ventures Corp. (NYSE MKT: GSV), Randgold Resources Ltd (NASDAQ: GOLD), Banro Corp. (NYSE MKT: BAA), and Seabridge Gold Inc. (NYSE: SA). Sign up today and download for free the research reports for the stocks covered today at:

http://stock-callers.com/registration

Gold Standard Ventures  

Vancouver, Canada headquartered Gold Standard Ventures Corp.'s stock recorded a trading volume of 243,183 shares, and finished the trading session 2.07% lower at $2.37. The Company's shares have gained 8.22% in the last one month, 62.33% over the previous three months, and 248.53% since the start of this year. The stock is trading above its 200-day moving average by 42.19%. Furthermore, shares of Gold Standard Ventures, which engages in the acquisition and exploration of gold-bearing mineral resource properties in Nevada, the US, have a Relative Strength Index (RSI) of 45.68.

On October 24th, 2016, Gold Standard Ventures announced that it is raising its previously announced non-brokered private placement to approximately C$38 million from the previously announced amount of approximately C$25 million due to increased investor demand. The Offering will now consist of up to 12,036,436 common shares in the capital of the Company offered at a price of C$3.17 per Common Share. Goldcorp Inc. has agreed to purchase, as a part of the private placement, 4,731,862 Common Shares of the Company at the Offering Price for total proceeds of approximately C$15 million. GSV complete research report is just a click away at:

http://stock-callers.com/registration/?symbol=GSV


Randgold Resources  

Last Friday, St. Helier, Channel Islands-based Randgold Resources Ltd's shares recorded a trading volume of 1.55 million shares, which was above their three months average volume of 963,700 shares. The stock ended the session at 2.40% lower at $85.89. The Company's shares have gained 39.69% on an YTD basis. The stock is trading 8.36% below its 50-day moving average. Moreover, shares of Randgold Resources, which together with its subsidiaries, engages in exploring, developing, and operating gold mines in west and east Africa, have an RSI of 41.02.

On November 03rd, 2016, Randgold Resources reported Q3 2016 profit of $77.3 million, up 58% from Q3 2015, while earnings per share increased by 17% on Q3 2015. Production of 301,163 ounces was up 7% quarter-on-quarter and in-line with the previous year, and total cash cost per ounce of $663 was 9% lower quarter on quarter and 5% down from Q3 2015. The complimentary report on GOLD can be downloaded at:


http://stock-callers.com/registration/?symbol=GOLD


Banro  

Toronto, Canada headquartered Banro Corp.'s stock ended the day 1.92% lower at $0.25 with a total trading volume of 298,552 shares. The Company's shares have gained 25.05% on an YTD basis. The stock is trading 16.95% below its 50-day moving average. Additionally, shares of Banro, which together with its subsidiaries, engages in the exploration, development, and production of mineral properties, have an RSI of 36.34.

On November 01st, 2016, Banro announced the appointment of Dave Langille as its Chief Financial Officer, effective November 1st, 2016. Mr. Langille is a senior strategic finance executive with over 29 years of international public company experience. Most recently, Mr. Langille served as CFO of North American Palladium Ltd. Mr. Langille holds CPA, CA, and CMA designations and received Honours Bachelor of Business Administration from Wilfrid Laurier University. Sign up for your complimentary report on BAA at:

http://stock-callers.com/registration/?symbol=BAA


Seabridge Gold  

Shares in Toronto, Canada headquartered Seabridge Gold Inc. recorded a trading volume of 453,693 shares, and ended Friday's session 1.73% lower at $11.35. The stock has advanced 11.82% in the last month and 36.91% since the start of this year. The Company's shares are trading above their 50-day moving average by 2.44%. Furthermore, shares of Seabridge Gold, which together with its subsidiaries, engages in the acquisition and exploration of gold properties located in North America, have an RSI of 53.49.

On October 26th, 2016, Seabridge Gold reported that the 2016 multi-pronged exploration program on its 100%-owned Iskut Project in northwestern British Columbia has achieved its primary objective to identify a prospective new porphyry copper-gold system with a potentially intact epithermal precious metals zone at its top, for drill testing in 2017.  Download the research report for free on SA at:

http://stock-callers.com/registration/?symbol=SA

--

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