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Technical Roundup on Gold Stocks -- Gold Resource, Franco-Nevada, Asanko Gold, and DRDGOLD

GORO, T.FNV, DRD

PR Newswire

NEW YORK, January 18, 2017 /PRNewswire/ --

Stock-Callers.com redirects investors' attention to the Gold industry which is engaged in the exploration and production of gold from mines. Many times, companies in this category also explore for other metals such as silver, copper, and zinc. Equities in today's lineup are: Gold Resource Corp. (NYSE MKT: GORO), Franco-Nevada Corp. (NYSE: FNV), Asanko Gold Inc. (NYSE MKT: AKG), and DRDGOLD Ltd (NYSE: DRD). Sign up today and download for free the research reports for the stocks covered today at:

http://stock-callers.com/registration

Gold Resource  

On Tuesday, shares in Colorado Springs, Colorado headquartered Gold Resource Corp. recorded a trading volume of 1.09 million shares, which was above their three months average volume of 1.08 million shares. The stock ended at $5.36, rising 1.13% from the last trading session. The Company's shares have gained 27.06% in the last one month, 2.83% over the previous three months, and 23.27% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 15.35% and 14.64%, respectively. Furthermore, shares of Gold Resource, which explores for and produces gold and silver in Mexico, have a Relative Strength Index (RSI) of 61.77.

On January 12th, 2017, Gold Resource announced preliminary 2016 year-end and Q4 mill production. The Company produced approximately 27,629 gold ounces and 1,857,777 silver ounces for 2016, which exceeded its annual gold production target and achieved its annual silver production target. GORO complete research report is just a click away at:

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


Franco-Nevada  

Toronto, Canada headquartered Franco-Nevada Corp.'s stock finished yesterday's session 1.37% higher at $64.41 with a total trading volume of 814,309 shares. The Company's shares have gained 16.54% in the last one month, 1.71% over the previous three months, and 7.78% on an YTD basis. The stock is trading above its 50-day moving average by 8.03%. Furthermore, shares of Franco-Nevada, which operates as a gold-focused royalty and stream company in the US, Canada, Mexico, Peru, Chile, and Africa, have an RSI of 68.51.

On January 13th, 2017, research firm Credit Suisse upgraded the Company's stock rating from 'Neutral' to 'Outperform'. The complimentary report on FNV can be downloaded at:


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


Asanko Gold  

At the closing bell on Tuesday, shares in Vancouver, Canada headquartered Asanko Gold Inc. saw a slight drop of 0.53%, ending the day at $3.75. The stock recorded a trading volume of 767,093 shares, which was higher than its three months average volume of 655,420 shares. The Company's shares have advanced 18.67% in the last one month, 3.31% over the previous three months, and 22.55% on an YTD basis. The stock is trading 12.13% above its 50-day moving average and 2.57% above its 200-day moving average. Moreover, shares of Asanko Gold, which engages in the exploration, development, and production of gold properties, have an RSI of 61.75.

On January 11th, 2017, Asanko Gold announced that gold production for Q4 2016 was 57,178 ounces with gold sales of 58,483 ounces at an average realized price of US$1,199 per ounce, generating gold sales revenue of US$70.1 million. At the end of Q4 2016, the Company's balance sheet had approximately US$66 million in unaudited cash and immediately convertible working capital balances. In addition, the Company has no significant current long-term debt obligations with its first principal repayment on its US$150 million debt facility not due until July 01st, 2018. Sign up for your complimentary report on AKG at:

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


DRDGOLD  

Johannesburg, South Africa headquartered DRDGOLD Ltd's stock ended the day 3.64% higher at $5.98. A total volume of 651,443 shares was traded, which was above their three months average volume of 606,890 shares. The Company's shares have gained 36.22% in the last month, 32.89% over the previous three months, and 13.04% since the start of this year. The stock is trading 24.53% above its 50-day moving average and 11.17% above its 200-day moving average. Additionally, shares of DRDGOLD, which engages in the retreatment, production, and sale of gold from surface tailings in South Africa, have an RSI of 70.62.

On December 01st, 2016, DRDGOLD announced that with effect from December 01st 2016, Mrs. Toko Victoria Buyiswa Nomalanga Mnyango has been appointed as an Independent Non-Executive Director of the Company. She is the CEO of Vitom Technologies (Pty) Ltd and Vitom Brands Communication (Pty) Ltd. Mrs. Mnyango started her career as a prosecutor for the erstwhile KaNgwane homeland. Download the research report for free on DRD at:

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

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