EdgeWater 10/13/2010 7:34:34 AM
News / Finance

First-Hour Gold Stock Losers (AUY, NEM, ABX, GG)

Gold Stocks Decline

First-Hour Gold Stock Losers (AUY, NEM, ABX, GG)

Yamana Gold Inc. (USA) (NYSE:AUY) dropped 1.55% to $11.46. Yamana Gold Inc. is a Canada-based gold producer engaged in gold mining and related activities, including exploration, extraction, processing and reclamation.

Over the past 52-week, the stock had traded within the range of $9.16-$14.37 and is up more than 2% year-to-date.

Newmont Mining Corporation (NYSE:NEM) fell 1.69% to $61.48. Newmont Mining Corporation is a gold producing company with assets or operations in the United States, Australia, Peru, Indonesia, Ghana, Canada, New Zealand and Mexico. 

The stock opened at $61.93 and is trading within the range of $61.44- $62.08. In the past one month of trading sessions, the stock went up more than 1%.

Barrick Gold Corporation (USA) (NYSE:ABX) slid 0.96% to $48.24. Barrick Gold Corporation is engaged the production and sale of gold, as well as related activities, such as exploration and mine development.

Over the past 52-week, the stock had traded within the range of $33.65-$49.13 and is up more than 21% year-to-date.

Goldcorp Inc. (USA) (NYSE:GG) lost 1.60% to $43.29. Goldcorp Inc. is a gold producer engaged in the operating, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico and Central and South America.

Over the past 52-week, the stock had traded within the range of $32.84-$47.41. At current market price, the market capitalization of the company is $32.03 billion.

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