Dallas, TX 12/8/2009 12:40:39 AM
News / Business

Top Gold Stock Losers are AUY, ABX, IAG

Gold Stock

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Yamana Gold Inc. (USA) (NYSE:AUY) went down 2.49% to $12.54 on 7.54 million shares. The stock is up over 182% from its 52-week low and has a market capitalization of $9.43 billion. In the last six months the stock went up over 17%. Yamana Gold Inc. is a Canada-based gold producer engaged in gold mining and related activities, including exploration, extraction, processing and reclamation. It has significant properties involved in gold production, gold development, exploration and land positions throughout the Americas, including Brazil, Argentina, Chile, Mexico and Central America.

 

Barrick Gold Corporation (USA) (NYSE:ABX) is down 2.18% to $41.75 on 7.89 million shares after Credit Suisse downgraded the company from Outperform to Neutral. 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 holds interests in a platinum group metals development project and a nickel development project, both located in Africa, and a platinum group metals project located in Russia.

 

IAMGOLD Corporation (USA) (NYSE:IAG) declines 4.93% to $17.34 on 3.43 million shares. The stock is up over 402% from its 52-week low and has a market capitalization of $6.71 billion. In the last six months the stock went up over 71%. IAMGOLD Corporation is engaged in the exploration, development and operation of gold mining properties and the operation of a niobium mine. Its interests include seven operating gold mines, a niobium producer, a diamond royalty, and exploration and development projects located throughout Africa and the Americas.

 

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