Randgold Resources (NASDAQ:GOLD) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a note issued to investors on Wednesday.
A number of other brokerages also recently commented on GOLD. Zacks Investment Research downgraded shares of Randgold Resources from a “buy” rating to a “hold” rating in a research note on Wednesday, August 30th. HC Wainwright restated a “buy” rating on shares of Randgold Resources in a research note on Wednesday, November 22nd. Royal Bank Of Canada upgraded shares of Randgold Resources to a “sector perform” rating in a research note on Monday. They noted that the move was a valuation call. UBS downgraded shares of Randgold Resources from a “buy” rating to a “neutral” rating in a research note on Thursday, November 9th. Finally, Citigroup upgraded shares of Randgold Resources from a “neutral” rating to a “buy” rating in a research note on Tuesday. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $84.90.
Randgold Resources (GOLD) opened at $91.55 on Wednesday. The company has a market cap of $8,627.98, a PE ratio of 31.09 and a beta of -0.11. Randgold Resources has a one year low of $67.54 and a one year high of $108.29.
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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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