CF Industries Holdings Inc (CF), Denbury Resources Inc. (DNR), Allied Nevada Gold Corp (ANV), Brigus Gold (BRD), EOG Resources (EOG), Sunoco, Inc. (SUN) and Talisman Energy (TLM) had ratings on them adjusted by analysts.
Feltl & Co. upgraded CF Industries Holdings Inc (CF) from a "Buy" rating to a "Strong-Buy" rating.
Sterne Agee upgraded Denbury Resources Inc. (DNR) from a "Neutral" rating to a "Buy" rating. They have a price target of $20.00 on the company.
Macquarie downgraded Allied Nevada Gold Corp (ANV) from a "Neutral" rating to an "Underperform" rating.
Global Hunter Securities downgraded Brigus Gold (BRD) from an "Accumulate" rating to a "Neutral" rating.
Societe Generale downgraded EOG Resources (EOG) from a "Buy" rating to a "Hold" rating.
Citigroup (C) downgraded Sunoco, Inc. (SUN) from a "Buy" rating to a "Neutral" rating. They have a price target of $51.00 on the company.
Societe Generale downgraded Talisman Energy (TLM) from a "Hold" rating to a "Sell" rating.
Showing posts with label Allied Nevada Gold. Show all posts
Showing posts with label Allied Nevada Gold. Show all posts
Friday, September 7, 2012
Thursday, November 4, 2010
Royal Gold (Nasdaq:RGLD), Allied Nevada (AMEX:ANV), Centerra Gold (TSE:CG) Move Up with Fed's Inflating
Royal Gold (Nasdaq:RGLD), Allied Nevada Gold (AMEX:ANV), Centerra Gold (TSE:CG) moved up with the broader gold market in response to the misguided implementation of another round of inflating, or quantitative easing, by the Federal Reserve.
The U.S. dollar plummeted in value as gold prices rose to new record highs today, with spot gold rising to over $1,386 an ounce, an increase of over $37.90.
Royal Gold was trading at $51.46, gaining $1.13, or 2.25 percnet as of 3:31 PM EDT. Allied Nevada was up to $26.82, gaining $1.71, or 6.81 percent. In Toronto, Centerra Gold traded at $19.13, rising $0.25, or 1.32 percent.
The majority of gold miners were up today, some rising as high as 7 percent or more.
The U.S. dollar plummeted in value as gold prices rose to new record highs today, with spot gold rising to over $1,386 an ounce, an increase of over $37.90.
Royal Gold was trading at $51.46, gaining $1.13, or 2.25 percnet as of 3:31 PM EDT. Allied Nevada was up to $26.82, gaining $1.71, or 6.81 percent. In Toronto, Centerra Gold traded at $19.13, rising $0.25, or 1.32 percent.
The majority of gold miners were up today, some rising as high as 7 percent or more.
Tuesday, May 11, 2010
Gold Futures Close a Record Level of $1,220 An Ounce
Gold futures prices closed at a record price today of $1,220.30 an ounce, as growing fears on China's measures to combat inflation, and Europe's offering of just under $1 trillion to irresponsible governments to save their hides, has investors extremely jittery, and money is plowing into gold as a result, which brought the record gold futures close today.
A number of gold companies' share prices rose strongly as well with Allied Nevada Gold (AMEX:ANV) up well over 10 percent, Iamgold (NYSE: IAG) was up just under 10 percent, Jaguar Mining (NYSE:JAG) was just behind Iamgold at right under 10 percent as well, and Eldorado Gold (NYSE:EGO) was little over 9 percent, as just about the entire gold mining sector surged on the ongoing bad economic news and threats of inflation and nations defaulting.
News from the Commerce Department also revealed wholesale prices in the U.S. increased by 2.4 percent, and inventories rose, signifying sales are slowing down.
The mainstream financial press is reporting as if none of this is relevant or happening, but they'll soon find out, as always, that they're clueless in these matters, and gold will continue to soar in the light of these extraordinary economic circumstances threatening the wealth of people around the world.
A number of gold companies' share prices rose strongly as well with Allied Nevada Gold (AMEX:ANV) up well over 10 percent, Iamgold (NYSE: IAG) was up just under 10 percent, Jaguar Mining (NYSE:JAG) was just behind Iamgold at right under 10 percent as well, and Eldorado Gold (NYSE:EGO) was little over 9 percent, as just about the entire gold mining sector surged on the ongoing bad economic news and threats of inflation and nations defaulting.
News from the Commerce Department also revealed wholesale prices in the U.S. increased by 2.4 percent, and inventories rose, signifying sales are slowing down.
The mainstream financial press is reporting as if none of this is relevant or happening, but they'll soon find out, as always, that they're clueless in these matters, and gold will continue to soar in the light of these extraordinary economic circumstances threatening the wealth of people around the world.
Wednesday, April 21, 2010
Allied Nevada Gold's (AMEX:ANV) Great Performance
Over the last year and a half, Allied Nevada Gold (AMEX:ANV) has been one of the stronger performing mining companies, continuing to move up on a nice stair-step pattern during that period of time.
For the last 52 weeks, they've continued to do the same, moving from a a range of $5.29 to $17.16.
Obviously tied into the performance of gold, Allied Nevada Gold will move in accordance with gold prices, and that bodes well for the company and its investors, as it will probably move to more all-time highs in the near future (share price), as gold continues to be the preferred place of safety for investors, and ongoing uncertainty in the markets along with inflation worries should keep gold prices up for some time.
It has yet to be proven how gold prices will respond to interest rate hikes, but that shouldn't be for some time, and with the decoupling from the U.S. dollar recently, it may have far less impact on gold prices than in the past, and gold miners like Allied Nevada Gold.
For the last 52 weeks, they've continued to do the same, moving from a a range of $5.29 to $17.16.
Obviously tied into the performance of gold, Allied Nevada Gold will move in accordance with gold prices, and that bodes well for the company and its investors, as it will probably move to more all-time highs in the near future (share price), as gold continues to be the preferred place of safety for investors, and ongoing uncertainty in the markets along with inflation worries should keep gold prices up for some time.
It has yet to be proven how gold prices will respond to interest rate hikes, but that shouldn't be for some time, and with the decoupling from the U.S. dollar recently, it may have far less impact on gold prices than in the past, and gold miners like Allied Nevada Gold.
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