Latest
Recommended
Published: Wed, February 08, 2017
Economy | By Melissa Porter

Randgold shares soar after miner digs out boosted dividend and bumper profits

Randgold shares soar after miner digs out boosted dividend and bumper profits

These analysts and investment firms use various valuation methods to decide a price target for a stock.

Receive Randgold Resources Ltd. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Randgold Resources Ltd. with MarketBeat.com's FREE daily email newsletter. Morgan Stanley now has GBX 6,400 ($79.87) target price on the stock. Seven Eight Capital LLC now owns 1,200 shares of the company's stock valued at $134,000 after buying an additional 1,000 shares in the last quarter. Expected growth of Randgold Resources Limited (NASDAQ:GOLD) for the next year 5 years is 10.9 percent (per annum), as compared to -17.12 percent (per annum) in the past 5 years. While some analysts have a High Price target for the stock of $120 and a Low Price Target of $82.4.

The SPDR Gold Trust (GLD) is up 0.9% today.

'Fresnillo only recently logged record gold and silver output for 2016, and so could well outperform, despite recent downgrades by analysts at Citigroup'. Randgold Resources Limited has a one year low of $67.54 and a one year high of $126.55. Total debt to equity ratio of the company for most recent quarter is 0.00 while Long term debt to equity ratio for same time period is 0.00. Thus the company showed an Earnings Surprise of -23.3 Percent. Scotiabank raised shares of Randgold Resources Limited from a "sector perform" rating to an "outperform" rating in a report on Monday, November 7th. Dimensional Fund Advisors LP now owns 20,734 shares of the company's stock valued at $2,323,000 after buying an additional 237 shares in the last quarter. The businesses 50 day moving average is 6283.24 and its 200 day moving average is 7160.21. On technical aspect, moving averages may help to distinguish path of dispositions, and they may also be used to set degrees of support and resistance. The stock now shows its YTD (Year to Date) performance of 19.16 percent while its Weekly performance value is 10.72%.

Spot gold prices rose about 8.5 percent in 2016. The Relative Volume value measured for Randgold Resources Limited (NASDAQ:GOLD) is 1.58.

Like this: