Technical Roundup on Gold Stocks -- Richmont Mines, Vista Gold, Royal Gold, and Seabridge Gold
NEW YORK, December 23, 2016 /PRNewswire/ --
Stock-Callers.com today has lined up these Gold equities for evaluation: Richmont Mines Inc. (NYSE MKT: RIC), Vista Gold Corp. (NYSE MKT: VGZ), Royal Gold Inc. (NASDAQ: RGLD), and Seabridge Gold Inc. (NYSE: SA). These companies explore and produce gold from mines, and oftentimes also explore for other metals such as silver, copper, and zinc. Gold firms have profits that are positively correlated with the price of gold, and generally offer average to below-average dividend yields. Sign up today and download for free the research reports for the stocks covered today at:
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Richmont Mines
On Thursday, shares in Rouyn-Noranda, Canada headquartered Richmont Mines Inc. recorded a trading volume of 301,429 shares. The stock ended at $5.55, declining 0.89% from the last trading session. The Company's shares have surged 72.90% on an YTD basis. The stock is trading below its 50-day moving average by 27.07%. Furthermore, shares of Richmont Mines, which engages in the mining, exploration, and development of mining properties in Canada, have a Relative Strength Index (RSI) of 29.89.
On December 19th, 2016, Richmont Mines announced receipt of Amendments of both Air and Wastewater Environmental Compliance Approvals from the Ontario Ministry of Environment and Climate Change for its Island Gold Mine located in northern Ontario. These Amendments support a potential ore mining and processing rate increase to an average of 1,100 tonnes per day. RIC complete research report is just a click away at:
http://stock-callers.com/registration/?symbol=RIC
Vista Gold
Littleton, Colorado-based Vista Gold Corp.'s stock finished yesterday's session 1.16% higher at $0.88 with a total trading volume of 399,516 shares. The Company's shares have soared 212.50% on an YTD basis. The stock is trading below its 50-day moving average by 6.18%. Furthermore, shares of Vista Gold, which focuses on the evaluation, acquisition, exploration, and advancement of gold exploration and potential development projects principally in Australia and North America, have an RSI of 44.58.
On November 28th, 2016, Vista Gold announced the results of process area optimization studies that have the potential to enhance the project economics for the Mt Todd gold project in Northern Territory, Australia. The Company completed size distribution and assay analysis of the high pressure grinding rolls ("HPGR") crusher product. This indicates that screening the HPGR crusher product at 5/8" produces an oversize product that accounts for 15%-20% of the weight, but contains only 7%-9% of the gold. Subsequently, the Company completed test work with Tomra Sorting Solutions, Inc. at their facilities in Germany to evaluate the recovery of sulfide/quartz/calcite-bearing material using Laser Reflection/Fluorescence and X-ray Transmission automated sorting techniques. This test work indicates that approximately 85% of the gold in this oversize fraction can be efficiently recovered with a return of 30%-40% of the weight. The complimentary report on VGZ can be downloaded at:
http://stock-callers.com/registration/?symbol=VGZ
Royal Gold
At the closing bell on Thursday, shares in Denver, Colorado-based Royal Gold Inc. saw a drop of 1.13%, ending the day at $61.88. The stock recorded a trading volume of 455,728 shares. The Company's shares have advanced 72.59% since the start of this year. The stock is trading 8.76% below its 200-day moving average. Moreover, shares of Royal Gold, which together with its subsidiaries, acquires and manages precious metals royalties, metal streams, and similar interests, have an RSI of 36.92.
On December 16th, 2016, Royal Gold announced that it has appointed Sybil Veenman to the Company's Board of Directors effective January 1st, 2017. Ms. Veenman will be a new addition to Royal Gold's Board, now comprised of nine members, eight of whom are independent. Ms. Veenman brings over 20 years of mining industry experience with Barrick Gold Corp. Ms. Veenman holds a Bachelor of Laws Degree from the University of Toronto Faculty of Law. She is currently a director of IAMGOLD Corp. and Noront Resources Ltd. Sign up for your complimentary report on RGLD at:
http://stock-callers.com/registration/?symbol=RGLD
Seabridge Gold
Toronto, Canada headquartered Seabridge Gold Inc.'s stock ended the day 2.61% lower at $7.45 with a total trading volume of 565,884 shares. The Company's shares are trading 25.41% below their 50-day moving average. Shares of the Company, which together with its subsidiaries, engages in the acquisition and exploration of gold properties located in North America, have an RSI of 26.53.
On November 21st, 2016, Seabridge announced that it has received a licence from the Government of Canada required for the construction, operation and maintenance of the Water Storage Facility and associated ancillary water works at its 100%-owned KSM Project located in northwestern BC. The licence, as authorized within the International Rivers Improvement Act, regulates all structures and activities situated on transboundary waters shared with the US that have the potential to impact water quality and quantity. Download the research report for free on SA at:
http://stock-callers.com/registration/?symbol=SA
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