EdgeWater 10/18/2010 10:55:34 PM
News / Business

First-Hour Gold Stock Losers (GFI, ABX, AU, GRS)

First-Hour Gold Stock Losers

Gold Fields Limited (ADR) (NYSE:GFI) went down 0.70% to $15.66. 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 one month of trading sessions, the stock went up more than 5%.

Barrick Gold Corporation (USA) (NYSE:ABX) dropped 0.65% to $47.68. 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-$49.66 and is up more than 20% year-to-date.

AngloGold Ashanti Limited (ADR) (NYSE:AU) slid 0.19% to $47.20. 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 16% year-to-date.

Gammon Gold, Inc. (NYSE:GRS) declined 0.69% to $7.22. Last 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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