May 07, 2014 at 08:09 AM EDT
Coverage of Metals & Mining Equities -- Research on Allied Nevada Gold, Gold Resource, Novagold Resources, and AuRico Gold
Editor Note: For more information about this release, please scroll to bottom.

LONDON, May 7, 2014 /PRNewswire/ --

On Tuesday, May 06, 2014, the NASDAQ Composite ended at 4,080.76, down 1.38%, the Dow Jones Industrial Average finished the day 0.78% lower at 16,401.02, and the S&P 500 closed at 1,867.72, down 0.90%. The losses were broad based as nine out of ten sectors ended the session in negative. The S&P 500 Materials Sector Index ended the day at 299.70, down 0.52%, and the index has advanced 0.37% in the last one month. Investor-Edge has initiated coverage on the following equities: Allied Nevada Gold Corporation (NYSE MKT: ANV), Gold Resource Corporation (NYSE MKT: GORO), Novagold Resources Inc. (NYSE MKT: NG) and AuRico Gold Inc. (NYSE: AUQ). Free technical research on ANV, GORO, NG and AUQ can be downloaded upon signing up at:

http://www.investor-edge.com/2219-register

On Tuesday, Allied Nevada Gold Corp.'s stock recorded a trading volume of 4.06 million shares, below its three months average volume of 4.93 million shares. The stock finished the day at $3.28, down 5.48%, and registered an intraday range of $3.25 and $3.54. Shares of Allied Nevada Gold Corp. have advanced 0.92% in the previous three trading sessions. However, the stock has fallen by 24.42% in the last one month and 7.61% on YTD basis. Furthermore, the company's stock is trading below its 50-day and 200-day moving averages of $4.63 and $4.47, respectively. Additionally, Shares of the company traded at a PE ratio of 25.48 and have a Relative Strength Index (RSI) of 37.78. Sign up today to read free research on ANV at:

http://www.investor-edge.com/2219-ANV-07May2014.pdf

Gold Resource Corp.'s stock fell by 4.16%, to close Tuesday's session at $3.92, hitting a new 52-week low of $3.84. During the session the stock oscillated between $3.84 and $4.14. The stock recorded a trading volume of 0.89 million shares, above its three months average volume of 0.55 million shares. Over the previous three trading sessions and past three months, Gold Resource Corp.'s shares have lost 11.91% and 13.08%, respectively. Also, from the beginning of 2014, the company's stock has fallen by 13.47%. The stock is trading below its 50-day and 200-day moving averages. The company stock's 200-day moving average of $5.77 is above its 50-day moving average of $5.04. Further, the company's stock traded at a PE ratio of 394.56 and has an RSI of 28.87. Sign up today to read free research on GORO at:

http://www.investor-edge.com/2219-GORO-07May2014.pdf

On Tuesday, Novagold Resources Inc.'s stock finished the session 2.56% lower at $3.43. A total of 0.93 million shares were traded, which was much below its three months average volume of 2.44 million shares. The stock moved between $3.41 and $3.56 during the session. Over the last one month, Novagold Resources Inc.'s shares have declined 7.30%. However, the stock has surged 16.27% over the past three months and 35.04% since the start of this year. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $3.77 is greater than its 200-day moving average of $2.90. Novagold Resources Inc.'s stock has an RSI of 45.53. Sign up today to read free research on NG at:

http://www.investor-edge.com/2219-NG-07May2014.pdf

Shares in AuRico Gold Inc. fluctuated between $4.22 and $4.32 on Tuesday, before ending the session down 2.09%, at an intra-day low of $4.22. The company's stock reported a trading volume of 0.64 million shares, much below its three months average volume of 2.26 million shares. Further, AuRico Gold Inc.'s shares have advanced 2.93% in the previous three trading sessions and 15.30% on YTD basis. However, the stock has gone-down by 5.80% over the last one month. The stock is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $4.52 is greater than its 200-day moving average of $4.30. Moreover, shares of the company have an RSI of 50.53. Sign up today to read free research on AUQ at:

http://www.investor-edge.com/2219-AUQ-07May2014.pdf


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


Investor-Edge.com

SOURCE Investor-Edge

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