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Credit Suisse Downgrades Eldorado Gold, Will Wait For Dust To Settle
Friday, July 22, 2016 - 9:07am | 343Credit Suisse has downgraded Eldorado Gold Corp (USA) (NYSE: EGO) to Neutral from Outperform citing geopolitical headwinds in Turkey. "In the near term geopolitical headwinds will likely dampen a re-rating from potential upcoming positive catalysts," analyst Anita Soni wrote in a note. "Turkey was...
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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 $...
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StreetSweeper's Short Thesis On Almaden: Stock Is 'Fool's Gold'
Tuesday, April 19, 2016 - 11:38am | 415Shares of Almaden Minerals Ltd. (NYSE: AAU) were trading higher by more than 9 percent on Tuesday, despite The Street Sweeper stating in a new research report the company's stock is "fool's gold." Almaden Minerals saw its stock rise on misconceptions surrounding a "highly...
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What The Street Is Watching At Barrick Gold
Thursday, April 16, 2015 - 4:13pm | 335In a report published Wednesday, RBC Capital Markets analyst Stephen Walker speculated that Barrick Gold Corporation (USA) (NYSE: ABX) will report a weaker first quarter results quarter-over-quarter, primarily due to lower production at its mines. Walker is projecting the company will earn $0....