Finance

Gold Stocks To Watch: Kinross Gold (NYSE:KGC), Eldorado Gold (NYSE:EGO), Barrick Gold (NYSE:ABX), Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX)

HSBC has modified their ratings on a number of other stocks in the few days. The firm lowered its price target on shares of Kinross Gold Corporation (USA) (NYSE:KGC) from $6.40 to $5.70. Kinross Gold Corporation (USA) (NYSE:KGC) stock performance was 2.20% in last session and finished the day at $4.18. Traded volume was 5.55million shares in the last session and the average volume of the stock remained 11.39million shares. The beta of the stock remained 0.60.

Eldorado Gold Corp (USA) (NYSE:EGO) sunk -2.35% after the company announced that the Toronto Stock Exchange has accepted for filing the Company’s Notice in respect of a normal course issuer bid to be transacted through the facilities of the TSX. Eldorado Gold Corp (USA) (NYSE:EGO) rose 2.24 percent to $5.94 Friday on volume of 2.21million shares. The intra-day range of the stock was $5.84 to $5.94. Eldorado Gold Corp (USA) (NYSE:EGO) has a market capitalization of $4.25billion.

Barrick Gold Corporation (USA) (NYSE:ABX) Chairman Peter Munk said last week he finds it impossible to accurately predict the value of the precious metal, echoing comments made by Federal Reserve Chairman Janet Yellen and her predecessor Ben S. Bernanke. Barrick Gold Corporation (USA) (NYSE:ABX)’s stock on Apr 25, 2014 reported a increase of 2.40% to the closing price of $17.89. Its fifty two weeks range is $13.43 -$21.70. The total market capitalization recorded $20.84billion. The overall volume in the last trading session was 10.67million shares. In its share capital, ABX has 1.16billion outstanding shares.

Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) Q1 income fell from a year ago on lower copper prices and because restrictions on concentrate exports from Indonesia meant lower metals sales from operations in the country. On Friday, shares of Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) advanced 0.24% to close the day at $34.01. Company return on investment (ROI) is 9.20% and its monthly performance is recorded as 8.35%. Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) quarterly revenue growth is 4.78%.