EdgeWater 10/13/2010 7:58:21 AM
News / Finance

Gold Stocks Falls as Dollar Jumps (NG, IAG, AEM, AU)

Gold Stocks Drop but the Gold Boom Still Alive

NovaGold Resources Inc. (USA) (AMEX:NG) decreased 0.97% to $9.36. NovaGold Resources Inc. is a precious metals company, which is engaged in the exploration and development of mineral properties in Alaska, the United States and British Columbia, Canada.

Over the past 52-week, the stock had traded within the range of $4.09-$9.76.

IAMGOLD Corporation (USA) (NYSE:IAG) dropped 1.86% to $17.38. IAMGOLD Corporation is a Canada-based mining and exploration company. IAMGOLD’s interests include seven operating gold mines and a niobium producer, a diamond royalty, and exploration and development projects located throughout Africa and the Americas.

The stock opened at $17.53 and traded within the range of $17.34-$17.55. In the past one month of trading sessions, the stock went up more than 1%.

Agnico-Eagle Mines Limited (USA) (NYSE:AEM) slid 1.68% to $71.44. Agnico-Eagle Mines Limited is a gold producer with mining operations in northwestern Quebec, northern Mexico, northern Finland and Nunavut and exploration activities in Canada, Europe, Latin America and the United States.

AngloGold Ashanti Limited (ADR) (NYSE:AU) went down 1.71% to $46. AngloGold Ashanti Limited is a global producer of gold. AngloGold Ashanti has 21 operations and a number of exploration programs in gold-producing regions of the world.

Over the past 52-week, the stock had traded within the range of $34.11-$47.75.

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