EdgeWater 10/15/2010 9:51:34 PM
News / Business

First-Hour Gold Stock Losers (AU, KGC, IAG, GRS)

First-Hour Gold Stock Losers

AngloGold Ashanti Limited (ADR) (NYSE:AU) slid 0.40% to $47.26. 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-$48.16 and is up more than 17% year-to-date.

Kinross Gold Corporation (USA) (NYSE:KGC) lost 0.36% to $19.24. 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 $19.24 and has a 52-week range of $14.84-$23.45. In the past one month of trading sessions, the stock went up more than 9%.

IAMGOLD Corporation (USA) (NYSE:IAG) dropped 0.22% to $17.88. AMGOLD 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 $17.94 and is trading within the range of $17.80- $17.98. In the past one month of trading sessions, the stock went up more than 1%.

Gammon Gold, Inc. (NYSE:GRS) declined 1.77% to $7.22. Earlier this week, the company confirmed that it expects to achieve its production and cash cost guidance for fiscal 2010.

Over the past 52-week, the stock had traded within the range of $5.09-$12.63. At current market price, the market capitalization of the company stood at $999.67 million.

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