Randgold Resources (GOLD) Raised to Hold at BidaskClub
BidaskClub upgraded shares of Randgold Resources (NASDAQ:GOLD) from a sell rating to a hold rating in a report released on Thursday morning.
GOLD has been the topic of several other research reports. Zacks Investment Research lowered shares of Randgold Resources from a hold rating to a strong sell rating in a research report on Friday, November 10th. Citigroup raised shares of Randgold Resources from a neutral rating to a buy rating in a research report on Tuesday, December 5th. Desjardins reissued a hold rating on shares of Randgold Resources in a research report on Monday, December 11th. UBS Group lowered shares of Randgold Resources from a buy rating to a neutral rating in a research report on Thursday, November 9th. Finally, Investec raised shares of Randgold Resources from a hold rating to a buy rating in a research report on Friday, November 3rd. Twelve equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of $84.90.
Shares of Randgold Resources (GOLD) traded up $0.98 during mid-day trading on Thursday, reaching $96.05. 167,205 shares of the company’s stock traded hands, compared to its average volume of 455,357. The company has a market capitalization of $8,943.11, a price-to-earnings ratio of 32.56 and a beta of -0.11. Randgold Resources has a twelve month low of $71.42 and a twelve month high of $108.29.
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About Randgold Resources
Randgold Resources Limited is engaged in gold mining, exploration and related activities. The Company’s activities are focused on West and Central Africa. The Company operates through the gold mining segment. The Company operates various mines, such as Morila, Loulo, Gounkoto, Tongon and Kibali. The Company is exploring in African countries, such as Mali, Senegal, Cote d’Ivoire and the Democratic Republic of Congo (DRC).
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