SYS-CON MEDIA Authors: Craig Ferril, Xenia von Wedel, Peter Silva, Glenn Rossman, Ava Smith

News Feed Item

Metals & Mining Equities Updates -- Research on Eldorado Gold, AuRico Gold, Banro and Agnico Eagle Mines

Editor Note: For more information about this release, please scroll to bottom

LONDON, March 21, 2014 /PRNewswire/ --


On Thursday, March 20, 2014, the NASDAQ Composite ended at 4,319.29, up 0.27%, the Dow Jones Industrial Average advanced 0.67% to 16,331.05, and the S&P 500 closed at 1,872.01, up 0.60%. The gains were broad based as nine out of ten sectors ended the session in positive. The S&P 500 Materials Sector Index finished the day at 298.05, up 0.47%, and the same has gained 2.12% in the last one month. Investor-Edge has initiated coverage on the following equities: Eldorado Gold Corp. (NYSE: EGO), AuRico Gold Inc. (NYSE: AUQ), Banro Corp. (NYSE MKT: BAA) and Agnico Eagle Mines Ltd (NYSE: AEM). Free technical research on EGO, AUQ, BAA and AEM can be downloaded upon signing up at:

http://www.investor-edge.com/399-register

Shares in Eldorado Gold Corp. recorded a trading volume of 3.97 million shares on Thursday, as compared with a three month average volume of 5.43 million shares. The stock ended the day flat at the previous day's closing price of $6.35 after trading between $6.26 and $6.44. The company's shares have fallen by 12.89% in the last one month, while the same has surged 15.66% in the previous three months and 11.60% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. Eldorado Gold Corp.'s 200-day moving average of $6.81 is above the 50-day moving average of $6.66. Furthermore, shares of the company are trading at an Relative Strength Index (RSI) of 38.92. Sign up today to read free research on EGO at:

http://www.investor-edge.com/399-EGO-.pdf

On Thursday, AuRico Gold Inc.'s stock edged 0.44% higher to close the day at $4.52. A total of 1.46 million shares were traded, which is below the three months average volume of 2.61 million. The company's shares oscillated between $4.45 and $4.63 during the trading session. AuRico Gold Inc.'s shares have gained 32.16% in the previous three months and 23.50% on YTD basis. The stock is trading above its 200-day moving average. AuRico Gold Inc.'s 50-day moving average of $4.73 is above the 200-day moving average of $4.36. Further, the stock is trading at an RSI of 38.42. Sign up today to read free research on AUQ at:

http://www.investor-edge.com/399-AUQ-.pdf

Banro Corp.'s stock advanced 1.06% on Thursday, finishing the session at $0.56. The stock recorded a trading volume of 1.86 million shares as compared to a three months average volume of 1.32 million shares. The stock fluctuated between $0.53 and $0.58 during the session. Banro Corp.'s shares have lost 8.05% in the last one month, while the same has advanced 30.14% in the previous three months and 0.88% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. Banro Corp.'s 200-day moving average of $0.72 is above the 50-day moving average of $0.59. Moreover, the stock is trading at an RSI of 43.43. Sign up today to read free research on BAA at:

http://www.investor-edge.com/399-BAA-.pdf

On Thursday, shares in Agnico Eagle Mines Ltd witnessed a trading volume of 1.98 million shares, as compared with a three month average volume of 2.45 million shares. The stock ended the day at $32.46, up 0.93% after vacillating between $31.60 and $32.83 during the session. Shares in Agnico Eagle Mines Ltd have declined 5.06% in the last one month, while the stock has rallied 28.86% in the previous three months and 23.05% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Agnico Eagle Mines Ltd's 50-day moving average of $31.62 is above the 200-day moving average of $28.82. Additionally, the company's shares are trading at an RSI of 46.22. Sign up today to read free research on AEM at:

http://www.investor-edge.com/399-AEM-.pdf


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Investor-edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Investor-edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE Investor-Edge

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, p...
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's large...
"There is a natural synchronization between the business models, the IoT is there to support ,” explained Brendan O'Brien, Co-founder and Chief Architect of Aria Systems, in this SYS-CON.tv interview at the 15th International Cloud Expo®, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Verizon Enterprise Solutions is simplifying the cloud-purchasing experience for its clients, with the launch of Verizon Cloud Marketplace, a key foundational component of the company's robust ecosystem of enterprise-class technologies. The online storefront will initially feature pre-built cloud-based services from AppDynamics, Hitachi Data Systems, Juniper Networks, PfSense and Tervela. Available globally to enterprises using Verizon Cloud, Verizon Cloud Marketplace provides a one-stop shop fo...
Leysin American School is an exclusive, private boarding school located in Leysin, Switzerland. Leysin selected an OpenStack-powered, private cloud as a service to manage multiple applications and provide development environments for students across the institution. Seeking to meet rigid data sovereignty and data integrity requirements while offering flexible, on-demand cloud resources to users, Leysin identified OpenStack as the clear choice to round out the school's cloud strategy. Additional...
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com...
We are all here because we are sold on the transformative promise of The Cloud. But what good is all of this ephemeral, on-demand infrastructure if your usage doesn't actually improve the agility and speed of your business? How must Operations adapt in order to avoid stifling your Cloud initiative? In his session at DevOps Summit, Damon Edwards, co-founder and managing partner of the DTO Solutions, will highlight the successful organizational, process, and tooling patterns of high-performing c...
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from ha...
Software-driven innovation is becoming a primary approach to how businesses create and deliver new value to customers. A survey of 400 business and IT executives by the IBM Institute for Business Value showed businesses that are more effective at software delivery are also more profitable than their peers nearly 70 percent of the time (1). DevOps provides a way for businesses to remain competitive, applying lean and agile principles to software development to speed the delivery of software that ...
Docker offers a new, lightweight approach to application portability. Applications are shipped using a common container format and managed with a high-level API. Their processes run within isolated namespaces that abstract the operating environment independently of the distribution, versions, network setup, and other details of this environment. This "containerization" has often been nicknamed "the new virtualization." But containers are more than lightweight virtual machines. Beyond their small...
The move in recent years to cloud computing services and architectures has added significant pace to the application development and deployment environment. When enterprise IT can spin up large computing instances in just minutes, developers can also design and deploy in small time frames that were unimaginable a few years ago. The consequent move toward lean, agile, and fast development leads to the need for the development and operations sides to work very closely together. Thus, DevOps become...
Cloud Expo 2014 TV commercials will feature @ThingsExpo, which was launched in June, 2014 at New York City's Javits Center as the largest 'Internet of Things' event in the world.

ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ --  IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's

An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and asse...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Ar...