EdgeWater 10/13/2010 7:38:01 AM
News / Finance

Gold Stocks Fall On Profit Taking (GFI, KGC, EGO, GSS)

Gold Stocks and Commodities Take a Dive

Gold Fields Limited (ADR) (NYSE:GFI) fell 0.76% to $15.62. Gold Fields Limited is a producer of gold and holder of gold reserves in South Africa, Ghana, Australia and Peru. In Peru, Gold Fields also produces copper.

Over the past 52-week, the stock had traded within the range of $10.88-$15.99 and is up more than 21% year-to-date.

Kinross Gold Corporation (USA) (NYSE:KGC) dropped 1.62% to $18.83. Kinross Gold Corporation is engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, the extraction and processing of gold-containing ore, and reclamation of gold mining properties. 

The stock opened at $18.89 and has a 52-week range of $14.84-$23.91. In the past one month of trading sessions, the stock went up more than 11%.

Eldorado Gold Corporation (USA) (NYSE:EGO) lost 0.86% to $18.41. Eldorado Gold Corporation is engaged in gold mining and related activities including exploration, development, extraction, processing and reclamation.

Over the past one month of trading sessions, the stock went down more than 3%.

Golden Star Resources Ltd. (USA) (AMEX:GSS) fell 0.79% to $5.04. The company will release its third quarter 2010 results after the market close on Monday, November 8, 2010.

Over the past 52-week, the stock had traded within the range of $2.59-$5.27. At current market price, the market capitalization of the company stood at $1.30 billion.

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