Friday, July 2, 2010

Gold Stocks Declining (AUY, ABX, NEM, GG)

Yamana Gold Inc. (USA) (NYSE:AUY) fell 5.44% to $9.74 with over 4.70 million shares. So far this year, the stock has dropped over 13%. The stock has a 52-week range of $8.22-$14.37.
Yamana Gold Inc. is a Canada-based gold producer engaged in gold mining and related activities, including exploration, extraction, processing and reclamation.
Barrick Gold Corporation (USA) (NYSE:ABX) lost 4.14% to $43.53 with over 4.57 million shares. So far this year, the stock has gained over 9%. The stock has a market capitalization of $42.86 billion. The stock has a 52-week low of $30.67.
Barrick Gold Corporation is engaged the production and sale of gold, as well as related activities, such as exploration and mine development. Barrick also produces copper, and hold interests in oil and gas properties located in Canada.
Newmont Mining Corporation (NYSE:NEM) also went down 3.77% to $59.41 on over 5.29 million shares. The company said that it will report Second Quarter 2010 results before the market opens on Wednesday, July 28, 2010. So far this year, the stock has surged over 24%. The stock has a 52-week range of $36.77-$62.62.
Goldcorp Inc. (USA) (NYSE:GG) dropped 4.83% to $41.73. The daily average volume of the stock is 7.65 million shares. Today, the stock is trading in the range of $41.32-$43.69.

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