EdgeWater 10/19/2010 10:40:06 PM
News / Business

Gold Stocks Declining (GORO, NG, TRE, AEM)

Gold Stocks Declining

Gold Resource Corporation (AMEX:GORO) fell 1.74% to $20.93. Gold Resource Corporation is engaged in the exploration for and production of gold and silver, primarily in Mexico. The Company holds a 100% interest in five properties in Mexico's southern State of Oaxaca.

At current market price, the market capitalization of the stock stands at $1.03 billion.

NovaGold Resources Inc. (USA) (AMEX:NG) lost 4.94% to $8.85. 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-$9.87.

Tanzanian Royalty Exploration Corp. (US) (AMEX:TRE) lost 2.77% to $7.02. Tanzanian Royalty Exploration Corporation is a mineral resource company. The Company's general area of interest has been in the exploration of gold properties, with a primary focus on exploring for gold properties in Tanzania.

Over the past 52-week, the stock traded within the range of $2.80-$7.60.

Agnico-Eagle Mines Limited (USA) (NYSE:AEM) went down 4.96% to $68.80. 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.

Over the past 52-week, the stock had traded within the range of $49.64-$74.72.

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