Advertisement
Canada markets open in 2 hours 55 minutes
  • S&P/TSX

    21,740.20
    -159.79 (-0.73%)
     
  • S&P 500

    5,061.82
    -61.59 (-1.20%)
     
  • DOW

    37,735.11
    -248.13 (-0.65%)
     
  • CAD/USD

    0.7248
    -0.0005 (-0.07%)
     
  • CRUDE OIL

    85.12
    -0.29 (-0.34%)
     
  • Bitcoin CAD

    85,610.78
    -6,224.62 (-6.78%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,388.20
    +5.20 (+0.22%)
     
  • RUSSELL 2000

    1,975.71
    -27.47 (-1.37%)
     
  • 10-Yr Bond

    4.6280
    0.0000 (0.00%)
     
  • NASDAQ futures

    17,809.25
    -67.00 (-0.37%)
     
  • VOLATILITY

    19.41
    +0.18 (+0.94%)
     
  • FTSE

    7,851.69
    -113.84 (-1.43%)
     
  • NIKKEI 225

    38,471.20
    -761.60 (-1.94%)
     
  • CAD/EUR

    0.6817
    -0.0007 (-0.10%)
     

Wall Street Fundamentals Releases New In-Depth Stock Reports on AEM, ANV, AUQ and GFI

Gold stocks surged last week as disappointing economic data has increased the likelihood of the Federal Reserve continuing stimulus measures until next year. On Tuesday, the U.S. Labor Department reported nonfarm payrolls grew by 148,000 in September, which was short of economists’ forecast of 180,000 jobs. Additionally, data from the Labor Department showed that initial U.S. jobless claims fell 12,000 to a seasonally adjusted 350,000, which was below economists’ expectations of 340,000 according to Reuters.

Agnico Eagle Mines Ltd. (NYSE:AEM - News)(TSX:AEM.TO - News) shares traded in the range of $30.20 to $31.40 Friday before settling to close at $30.86, an increase of 1.11 percent. The stock appears to be facing some resistance at the $31.90 and $33.28 levels with some support at $30.08. Shares of Agnico Eagle Mines have fallen approximately 41.0 percent in 2013.

More information on Agnico Eagle Mines and access to the free equity report can be found at:
www.WallStreetFundamentals.com/AEM

Allied Nevada Gold Corp. (NYSEMKT:ANV - News) shares traded in the range of $4.35 to $4.53 Friday before settling to close at $4.47, an increase of 0.45 percent. The stock appears to be facing some resistance at the $4.78 and $5.45 levels with some support at $3.81. Shares of Allied Nevada Gold have fallen approximately 85.0 percent in 2013.

ADVERTISEMENT

More information on Allied Nevada Gold and access to the free equity report can be found at:
www.WallStreetFundamentals.com/ANV

AuRico Gold Inc. (NYSE:AUQ - News) shares traded in the range of $4.09 to $4.35 Friday before settling to close at $4.31, an increase of 2.38 percent. The stock appears to be facing some resistance at the $4.44 and $4.87 levels with some support at $4.27. Shares of AuRico Gold have fallen approximately 47.0 percent in 2013.

More information on AuRico Gold and access to the free equity report can be found at:
www.WallStreetFundamentals.com/AUQ

Gold Fields Limited (NYSE:GFI - News) shares traded in the range of $4.65 to $4.84 Friday before settling to close at $4.80, an increase of 2.56 percent. The stock appears to be facing some resistance at the $5.24 and $5.66 levels with some support at $4.75. Shares of Gold Fields have fallen approximately 61.0 percent in 2013.

More information on Gold Fields and access to the free equity report can be found at:
www.WallStreetFundamentals.com/GFI

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at http://www.wallstreetfundamentals.com/ today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: http://www.wallstreetfundamentals.com/
Email: editor@wallstreetfundamentals.com