-
Investors Shrug Off Eldorado Gold's $300 Million Asset Sale
Tuesday, April 26, 2016 - 10:17am | 190Shares of Eldorado Gold Corp (NYSE: EGO) were trading flat on Tuesday following the company's announcement of a $300 million asset sale. Eldorado Gold said it reached an agreement to sell its 82 percent stake in its China-based Jinfeng mine to a subsidiary of China National Gold Group for $...
-
Eldorado Gold Reverses Early Morning Gains; Co. Has Received Permits In Greece
Friday, February 26, 2016 - 12:16pm | 140Shares of Eldorado Gold Corp (NYSE: EGO) were trading higher by more than 2 percent shortly after Friday's opening bell, only to return losses and trade near flat after 90 minutes of trading. Investors and traders were buyers of Eldorado's stock in the morning after the company...
-
Why Shares Of Eldorado Gold Crashed On Wednesday
Wednesday, January 21, 2015 - 12:13pm | 147Shares of Eldorado Gold Corp (USA) (NYSE: EGO) were crashing by 20 percent on Wednesday following the company's announcement that it had achieved record gold production but forecasts lower 2015 output. Eldorado Gold stated on Tuesday after the market close that it achieved a record gold production...
-
Gold Miners See Wild Swings In Short Interest (AEM, AU, HMY)
Friday, February 14, 2014 - 8:45am | 969The price of gold swung up and down in late January but was near $1,245 both in the middle of the month and at the end. Short sellers likewise were moving into and out of leading gold stocks during the period. The most significant percentage swings happening to Agnico Eagle Mines (NYSE: AEM),...
-
Short Sellers Flee Randgold, Pile On GoldCorp (GG, KGC, GOLD)
Thursday, January 30, 2014 - 8:33am | 936The price of gold rose from near $1,200 an ounce at the beginning of January to above $1,250 by the middle of the month. Short interest in leading gold stocks was mixed again in the period, with the most significant swings happening to GoldCorp (NYSE: GG), Kinross Gold (NYSE: KGC) and Randgold...
-
Short Sellers Flee AngloGold Ashanti and Gold Fields (AU, GFI, AUY)
Tuesday, January 14, 2014 - 9:37am | 918The price of gold fell to less than $1,200 an ounce in December, the low for the year, but began to rise again as the year wound down. Short sellers again seemed to be looking for direction late in the month, as the swings in short interest were strong in many cases but mixed. The number of shares...
-
Short Sellers Load Up On GoldCorp, Gold Fields (GFI, GG, HMY)
Friday, December 13, 2013 - 11:56am | 886The price of gold started November around $1,315 but declined to end the month to near $1,250. Short sellers again seemed to be looking for direction late in the month, as the swings in short interest were mixed. The number of shares sold short in GoldCorp (NYSE: GG), Gold Fields (NYSE: GFI) and...
-
Gold Short Sellers Seek Direction (AU, NEM, NGD)
Thursday, November 14, 2013 - 3:26pm | 1046The price of gold bottomed in October below $1,270 only to rebound late in the month to more than $1,350. Short sellers seemed to be looking for direction, as the swings in short interest were mixed. The number of shares sold short in AngloGold Ashanti (NYSE: AU) and Newmont Mining (NYSE: NEM)...
-
Short Interest In Harmony Gold Resumes Rise (EGO, HMY, KGC)
Saturday, October 26, 2013 - 3:57pm | 1048After fleeing from all the leading gold stocks in the previous period, short sellers found renewed interest in Harmony Gold Mining (NYSE: HMY) between the September 30 and October 15 settlement dates. The number of shares sold short in AngloGold Ashanti (NYSE: AU), New Gold (NYSE: NGD) and...
-
Short Sellers Retreat From Gold Stocks (EGO, HMY, IAG)
Saturday, October 12, 2013 - 1:06pm | 985September ended with gold back under $1,300 an ounce, and short sellers fled from the leading gold stocks between the September 13 and September 30 settlement dates. Eldorado Gold (NYSE: EGO), Harmony Gold Mining (NYSE: HMY) and IAMGOLD (NYSE: IAG) saw their short interest plunge more than 60...
-
Short Sellers Pile On Gold Fields And Other Gold Stocks (EGO, GFI, HMY)
Thursday, September 26, 2013 - 10:49am | 1035It seems the short sellers still were not through with the leading gold stocks between the August 30 and September 13 settlement dates. They dove in to Eldorado Gold (NYSE: EGO), Gold Fields (NYSE: GFI) and Harmony Gold Mining (NYSE: HMY), pushing short interest up by 75 percent or more. The...
-
More Surges in Gold Stock Short Interest (AEM, GG, IAG)
Saturday, September 14, 2013 - 11:48am | 1038It seems the short sellers were not yet through with the leading gold stocks between the August 15 and August 30 settlement dates. They dove in to Agnico Eagle Mines (NYSE: AEM), GoldCorp (NYSE: GG) Harmony Gold Mining (NYSE: HMY), IAMGOLD (NYSE: IAG) and Yamana Gold (NYSE: AUY), pushing short...
-
Short Interest Swings In Gold Stocks (AU, EGO, RGLD)
Thursday, August 29, 2013 - 7:57am | 997Among leading gold stocks, AngloGold Ashanti (NYSE: AU), Eldorado Gold (NYSE: EGO) and Royal Gold (NASDAQ: RGLD) saw significant upswings in short interest between the July 31 and August 15 settlement dates. However, Agnico-Eagle Mines (NYSE: AEM), Barrick Gold (NYSE: ABX), GoldCorp (NYSE: GG),...
-
Short Sellers Still Moving into with Gold Miners (ABX, KGC, NEM)
Saturday, July 27, 2013 - 12:09pm | 982Among gold stocks, Barrick Gold (NYSE: ABX), Kinross Gold (NYSE: KGC) and Newmont Mining (NYSE: NEM) saw significant upswings in short interest between the June 28 and July 15 settlement dates. Other gold mining companies that also saw the number of shares sold short increase by double-digit...
-
Short Interest Surges in Barrick Gold and Other Gold Miners (AEM, AU, ABX)
Saturday, July 13, 2013 - 11:33am | 940Among gold stocks, Agnico-Eagle Mines (NYSE: AEM), AngloGold Ashanti (NYSE: AU), Barrick Gold (NYSE: ABX) and GoldCorp (NYSE: GG) saw significant upswings in short interest between the June 14 and June 28 settlement dates. Other gold mining companies that also saw the number of shares sold short...