Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Technical Roundup on Gold Stocks -- Golden Star Resources, Alamos Gold, NovaGold Resources, and Sandstorm Gold

T.NG, T.SSL, T.AGI

PR Newswire

NEW YORK, January 23, 2017 /PRNewswire/ --

Stock-Callers.com has initiated reports coverage on Golden Star Resources Ltd (NYSE MKT: GSS), Alamos Gold Inc. (NYSE: AGI), NovaGold Resources Inc. (NYSE MKT: NG), and Sandstorm Gold Ltd (NYSE MKT: SAND). On Friday, January 20th, 2017, Gold for February delivery settled up 0.3% at $1,204.30 a troy ounce on the Comex division of the New York Mercantile Exchange, closing out its fourth consecutive week of gains. As per a report on The Wall Street Journal, Gold prices rose as the inauguration of Donald Trump highlighted uncertainty about the path of US policy in the coming weeks. Sign up today and download for free the research reports for the stocks covered today at:

http://stock-callers.com/registration

Golden Star Resources  

Toronto, Canada headquartered Golden Star Resources Ltd.'s stock recorded a trading volume of 974,555 shares last Friday, and finished the trading session 0.60%, lower at $0.83. The Company's shares have gained 26.52% in the last one month, 4.37% over the previous three months, and 11.33% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 6.80% and 13.17%, respectively. Furthermore, shares of Golden Star Resources, which operates as a gold mining and exploration company, have a Relative Strength Index (RSI) of 58.70.

On January 11th, 2017, Golden Star Resources announced that it produced 194,054 ounces of gold in FY16, in the top half of its 2016 production guidance range of 180,000-205,000 ounces. The Q4 2016 represented the Company's strongest quarterly production of the year, with gold production of 53,403 ounces. Golden Star's Prestea Open Pits achieved record quarterly production for the second consecutive quarter, with production of 24,128 ounces. The Company announced FY17 guidance of 255,000-280,000 ounces of gold production and $780-$860 per ounce cash operating cost; $970-$1,070 per ounce All-In Sustaining Cost. GSS complete research report is just a click away at:

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


Alamos Gold  

On Friday, Toronto, Canada headquartered Alamos Gold Inc.'s stock ended the session 0.85% higher at $8.34. A total volume of 1.85 million shares was traded. The Company's shares have advanced 36.05% in the last one month and 21.93% on an YTD basis. The stock is trading 21.39% above its 50-day moving average and 9.77% above its 200-day moving average. Moreover, shares of Alamos Gold, which explores for mines, develops, and produces gold deposits in the US and Canada, have an RSI of 63.56.

On January 13th, 2017, research firm Credit Suisse downgraded the Company's stock rating from 'Outperform' to 'Neutral'.

On January 20th, 2017, Alamos Gold announced that it plans to release its Q4 2016 and FY16 financial results before the start of trading on Thursday, February 23rd, 2017. Senior management will host a conference call at 11:00 am ET on that day to discuss the results. The complimentary report on AGI can be downloaded at:


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


NovaGold Resources  

Vancouver, Canada-based NovaGold Resources Inc.'s stock ended the day 0.79% higher at $5.10, with a total trading volume of 1.42 million shares. The Company's shares have gained 30.10% in the last month, 9.44% in the previous three months, and 11.84% on an YTD basis. The stock is trading 12.23% above its 50-day moving average. Additionally, shares of NovaGold Resources, which explores and develops mineral properties in Canada and the US, have an RSI of 62.71.

On January 10th, 2017, NovaGold Resources announced that it will release its Q4 2016 and FY16 financial results after market close on January 25th, 2017. The conference call and webcast to discuss these results will take place on January 26th, 2017, at 11:00 am ET. Sign up for your complimentary report on NG at:

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


Sandstorm Gold  

Shares in Vancouver, Canada headquartered Sandstorm Gold Ltd recorded a trading volume of 1.08 million shares, and ended Friday's session 1.85% higher at $4.41. The stock has advanced 32.04% in the last month and 13.08% since the start of this year. The Company's shares are trading above their 50-day moving average by 12.05%. Furthermore, shares of Sandstorm Gold, which focuses on acquiring gold and other precious metal purchase agreements and royalties from companies that have advanced stage development projects or operating mines, have an RSI of 61.53.

On January 11th, 2017, Sandstorm Gold announced that the Company has sold over 13,200 attributed gold equivalent ounces during Q4 2016 and over 49,500 gold equivalent ounces for FY16. Both Q4 and annual production results are records for the Company. The attributed gold equivalent ounces were generated from 21 streams and royalties, with over 70% of the ounces coming from operations run by major and mid-tier mining companies. Download the research report for free on SAND at:

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

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number:  +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP


CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE Chelmsford Park SA



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today