EdgeWater 10/21/2010 12:06:08 AM
News / Business

Gold Stocks Gaining Momentum (SA, NAK, EGO)

Gold Stocks Gaining Momentum

Seabridge Gold, Inc. (USA) (AMEX:SA) added 2.23% to $28.41. Seabridge Gold Inc. acquires projects in North America with gold resources, expands and verifies these resources through further exploration, undertakes the engineering work required to move these resources to reserves and determines their economic value.

At current market price, the market capitalization of the company stands at $1.15 billion.

Northern Dynasty Minerals Ltd. (USA) (AMEX:NAK) went up 1.50% to $8.77. Northern Dynasty Minerals Ltd. is a Canada-based company engaged in the exploration of mineral properties. The Company owns a 50% interest in the Pebble Limited Partnership (the Pebble Partnership).

Over the past 52-week, the stock had traded within the range of $6-$10.38.

Eldorado Gold Corporation (USA) (NYSE:EGO) gained 0.18% to $17.05. Eldorado Gold Corporation is engaged in gold mining and related activities including exploration, development, extraction, processing and reclamation. The Company owns and operates the Kisladag gold mine (Kisladag) in Turkey, the Tanjianshan (TJS) (90% interest), Jinfeng (82% interest) and White Mountain (95% interest) gold mines in China, and it is developing gold projects in China (Eastern Dragon), Turkey (Efemcukuru) and Greece (Perama Hill).

Over the past 52-week, the stock traded within the range of $10.57-$20.23.

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