01.05.2017 12:00:00

Gold Stocks Under Review -- B2Gold, Eldorado Gold, McEwen Mining, and AngloGold Ashanti

NEW YORK, May 1, 2017 /PRNewswire/ --

Stock-Callers.com today recalls the performances of B2Gold Corp. (NYSE MKT: BTG), Eldorado Gold Corp. (NYSE: EGO), McEwen Mining Inc. (NYSE: MUX), and AngloGold Ashanti Ltd (NYSE: AU). Gold companies engage in the exploration and production of gold from mines. They are generally structured as corporations and have profits that are positively correlated with the price of gold. Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration

B2Gold  

Last Friday at the close, shares in Vancouver, Canada headquartered B2Gold Corp. ended 1.60% higher at $2.54. The stock recorded a trading volume of 5.70 million shares. The Company's shares have advanced 7.17% on an YTD basis. The stock is trading below its 200-day moving average by 9.71%. Furthermore, shares of B2Gold, which together with its subsidiaries, engages in the exploration and development of mineral properties in Nicaragua, the Philippines, Namibia, Mali, Colombia, Burkina Faso, and Finland, have a Relative Strength Index (RSI) of 32.87.

On April 19th, 2017, B2Gold announced its gold production and gold revenue for Q1 2017. Consolidated gold production in Q1 2017 was 132,736 ounces - 6%, or 7,955 ounces, above budget, and 4%, or 4,892 ounces, higher than in Q1 2016. Consolidated gold revenue was $146.3 million on sales of 119,937 ounces, at an average price of $1,219 per ounce. Sign up and read the free research report on BTG at:

http://stock-callers.com/registration/?symbol=BTG


Eldorado Gold  

Vancouver, Canada headquartered Eldorado Gold Corp.'s stock finished Friday's session 8.28% higher at $3.66. A total volume of 7.70 million shares was traded, which was above their three months average volume of 5.34 million shares. The Company's shares have advanced 5.17% in the last one month, 7.26% over the previous three months, and 14.26% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 10.43% and 5.09%, respectively. Additionally, shares of Eldorado Gold, which together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, and Romania, have an RSI of 59.56.

On April 27th, 2017, Eldorado Gold reported its financial and operational results for Q1 2017 ended March 31st, 2017. Profit was $3.8 million and adjusted net earnings were $8.0 million. Gold production for the quarter was 75,172 ounces compared to 79,892 ounces from continuing operations. Gold revenues were $90.5 million on sales of 74,068 ounces of gold, at an average realized gold price of $1,222 per ounce. The complimentary research report on EGO can be downloaded at:


http://stock-callers.com/registration/?symbol=EGO


McEwen Mining  

Shares in Toronto, Canada headquartered McEwen Mining Inc. ended the session 3.40% higher at $3.04 with a total trading volume of 4.16 million shares. The stock has gained 4.60% on an YTD basis. The Company's shares are trading below their 50-day moving average by 6.68%. Moreover, shares of McEwen Mining, which explores for, develops, produces, and sells gold, silver, and copper ores in Argentina, Mexico, and the US, have an RSI of 45.83.

On April 27th, 2017, McEwen Mining and Lexam VG Gold Inc. announced the successful completion of the previously announced plan of arrangement. Shareowners of Lexam approved the arrangement on April 12th, 2017, and a final order approving the arrangement was issued by the Ontario Superior Court of Justice on April 19th, 2017. Lexam is now a subsidiary of McEwen Mining, and its common shares will be delisted from the TSX on May 01st, 2017. Register for free on Stock-Callers.com and access the latest report on MUX at:

http://stock-callers.com/registration/?symbol=MUX


AngloGold Ashanti  

Johannesburg, South Africa headquartered AngloGold Ashanti Ltd's shares recorded a trading volume of 5.38 million shares, which was above their three months average volume of 3.99 million shares. The stock closed 1.78% higher at $11.43. The Company's shares have gained 2.79% in the past month and 9.71% since the start of this year. The stock is trading 0.12% above its 50-day moving average. Additionally, shares of AngloGold Ashanti, which operates as a gold mining and exploration company, have an RSI of 43.95.

On April 24th, 2017, research firm RBC Capital Markets downgraded the Company's stock rating from 'Outperform' to 'Sector Perform'. Get free access to your research report on AU at:

http://stock-callers.com/registration/?symbol=AU

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