May 08, 2013 at 10:55 AM EDT
ABX, KGC, GG, EGO, and AUQ Early Briefing and Review

StockCall.com Provides Stock Research on Barrick Gold Corp., Kinross Gold Corp., Goldcorp Inc., Eldorado Gold Corp., and AuRico Gold Inc.

New York City, New York -- (May 08, 2013)

Gold prices slipped on Tuesday as investors continued to pour money into equities. The sharp pullback in gold prices this year has boosted physical demand for gold in China and India. However, gold prices remain under pressure as investors continue to slash their holdings in bullion exchange-traded funds (ETFs). Gold stocks also struggled yesterday even as the broad market closed at record high levels. Among the major movers were Barrick Gold Corporation (NYSE: ABX), Kinross Gold Corporation (NYSE: KGC), Goldcorp Inc. (NYSE: GG), Eldorado Gold Corp. (NYSE: EGO), and AuRico Gold Inc. (NYSE: AUQ). StockCall has released free charting and technical research on these aforementioned companies. Register to read these reports at

www.stockcall.com/report

Shares of Barrick Gold Corp. fell sharply in Tuesday’s trading session. The stock closed 3% lower at $19.74 on volume of 21.54 million after trading between $19.53 and $20.10. Despite the sharp decline yesterday, Barrick Gold’s shares have gained 1.02% in the last three sessions. Year-to-date, the company’s shares have fallen more than 43.20% as gold prices have come under pressure. The stock is currently trading more than 53.70% below its 52-week high. Sign up for the free report on ABX at

www.StockCall.com/ABX050813.pdf

Kinross Gold Corporation’s shares also edged lower yesterday, extending their losses from previous trading sessions. The stock closed 0.75% lower at $5.28 on above average volume of 15.64 million, taking their losses in the last three trading sessions to over 1.30%. The gold miner’s shares have been struggling to break through $5.50 resistance level. The stock is currently trading well below its 50-day and 200-day moving averages. Year-to-date, shares of KGC have fallen more than 45.10% as compared to a gain of 14% for the S&P 500. KGC free technical report can be accessed by signing up at

www.StockCall.com/KGC050813.pdf

Goldcorp Inc.’s shares also slipped on Tuesday even as the broad market edged higher. The stock closed 1.52% lower at $28.48 on volume of 6.68 million after trading between $28.18 and $28.86. The company’s shares have fallen nearly 22% this year. The stock is currently trading more than 39.30% below its 52-week high. Its MACD is currently trading below the zero-line which is a bearish signal. Free report on GG can be accessed by registering at

www.StockCall.com/GG050813.pdf

Shares of Eldorado Gold Corp. fell sharply in Tuesday’s trading session, extending their losses from previous trading sessions. The stock fell to an intraday low of $7.12 before finishing the day 2.98% lower at $7.16 on volume of 3.71 million. Shares of EGO have now fallen nearly 5.70% in the last three sessions. The stock is currently trading well below its 50-day and 200-day moving averages. The company’s shares currently have support at around $7.Register withStockCall and download the research on EGO for free at

www.StockCall.com/EGO050813.pdf

Another major gold stock that fell sharply on Tuesday was AuRico Gold Inc. Shares of the Canada-based company fell 3.62% to finish the day at $4.79 on volume of 1.51 million, taking its losses in the last three trading sessions to nearly 4.40%. AuRico’s shares have fallen more than 41% so far in 2013, tracking losses in the bullion market. The stock’s MACD chart indicates that market sentiment is bearish. Read the full free research on AUQ by signing up to StockCall at

www.StockCall.com/AUQ050813.pdf

About StockCall.com

StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at

www.stockcall.com

Contact Person:

William T. Knight

Email: info@stockcall.com

Contact Number: (646) 396-9857 (9:00 am EST – 01:30 pm EST)

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here