News coverage about Randgold Resources (NASDAQ:GOLD) has trended somewhat positive on Wednesday, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Randgold Resources earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the basic materials company an impact score of 46.1581578995956 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- Randgold Res LTD (GOLD) Stake Has Raised by Prince Street Capital Management Llc (malibureport.com)
- China’s CITIC Becomes Biggest Shareholder in Friedland’s Ivanhoe (bloomberg.com)
- DR Congo prime minister rules out Kabila in December polls (africanews.com)
- Randgold Resources Approaching Decision On Future Of Massawa Project (lse.co.uk)
- Randgold Resources advances Massawa gold project in Senegal (stockmarketwire.com)
Randgold Resources stock opened at $78.71 on Wednesday. The firm has a market capitalization of $7.41 billion, a price-to-earnings ratio of 26.96 and a beta of 0.13. Randgold Resources has a 12 month low of $76.01 and a 12 month high of $108.29.
GOLD has been the subject of a number of recent analyst reports. BidaskClub downgraded shares of Randgold Resources from a “sell” rating to a “strong sell” rating in a research report on Wednesday, February 28th. Goldman Sachs Group raised shares of Randgold Resources from a “neutral” rating to a “buy” rating in a research report on Monday, March 26th. Zacks Investment Research raised shares of Randgold Resources from a “sell” rating to a “hold” rating in a research report on Monday, February 19th. JPMorgan Chase & Co. decreased their price target on shares of Randgold Resources from $103.00 to $102.00 and set a “neutral” rating for the company in a research report on Monday, April 9th. Finally, Canaccord Genuity raised shares of Randgold Resources from a “hold” rating to a “buy” rating in a research report on Tuesday, March 13th. Four research analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $103.00.
About Randgold Resources
Randgold Resources Limited is engaged in gold mining, exploration and related activities. The Company’s activities are focused on West and Central Africa. The Company operates through the gold mining segment. The Company operates various mines, such as Morila, Loulo, Gounkoto, Tongon and Kibali. The Company is exploring in African countries, such as Mali, Senegal, Cote d’Ivoire and the Democratic Republic of Congo (DRC).
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