Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) shares rose nearly 5 percent in the current trading session after Nomura increased its ratings for the company from “Neutral” to “Buy” in a research report sent to investors on Wednesday. Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) shares after opening at $80.29 moved to $80.60 on last trade day and at the end of the day closed at $79.75. Company price to sales ratio in past twelve months was calculated as 6.46 and price to cash ratio as 183.74.Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) showed a negative weekly performance of -4.67%.
Zacks reiterated their “neutral” rating on Kinross Gold Corporation (USA) (NYSE:KGC) in the research note that was issued to investors. Currently, they have a price target of $5.50 on the stock. This target price would indicate the potential-upside of 4.17 percent from the previous close of the stock. .Recently, numerous other analyst firms have commented on Kinross Gold Corporation (USA) (NYSE:KGC) stock. Kinross Gold Corporation (USA) (NYSE:KGC) Ended the day on $4.80. KGC return on equity ratio is recorded as -50.90% and its return on assets is -32.00%. Kinross Gold Corporation (USA) (NYSE:KGC) yearly performance is -40.81%.
The IAMGOLD Corp (USA) (NYSE:IAG) on Mar. 6 announced that it has finalized a five-year option agreement with Sarafina N.V. under which IAMGOLD’s subsidiary, Rosebel Gold Mine (“RGM”) may earn a 100% interest in Sarafina’s 10,000 hectare mining concession, located 25 kilometres from the Rosebel Gold Mine in Suriname. The Company may exercise its right to purchase the property at any time for a cash purchase price of US$1 million. To maintain this purchase option, RGM is required to make scheduled option payments totaling US$575,000 over five years. IAMGOLD Corp (USA) (NYSE:IAG) shares was closed at $3.75, while trading in range of $3.72-$3.88. IAMGOLD Corp (USA) (NYSE:IAG) year to date performance is 12.61%.
JPMorgan Chase, Citigroup, Morgan Stanley and other banks will find out if the Federal Reserve thinks they can cope with the next financial crisis when it publishes the results of an annual health check on Thursday. If the Fed finds that any of the 30 banks subject to the so-called stress tests are still at risk, the banks will then have a few days to change any plans they may have made to return capital to shareholders through dividends or share buy-backs. Last year, American Express lowered its capital distribution proposal after the first submission. Morgan Stanley (NYSE:MS) weekly performance is 4.82%. On last trading day company shares ended up $32.60. Morgan Stanley (NYSE:MS) distance from 50-day simple moving average is 6.03%. Analysts mean target price for the company is $33.57.
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