07.03.2017 13:00:00

Gold Stocks Under Review -- Golden Star Resources, Alamos Gold, NovaGold Resources, and Jagged Peak Energy

NEW YORK, March 7, 2017 /PRNewswire/ --

Stock-Callers.com today presents four Gold equities for assessment, and they are: Golden Star Resources Ltd (NYSEMKT: GSS), Alamos Gold Inc. (NYSE: AGI), NovaGold Resources Inc. (NYSEMKT: NG), and Jagged Peak Energy Inc. (NYSE: JAG). According to a report by the World Gold Council, six major trends in the global economy will support Gold demand and influence its performance this year. These trends are heightened political and geopolitical risks, currency depreciation, rising inflation expectations, inflated stock market valuations, long-term Asian growth, and the opening of new markets. Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration


Golden Star Resources
 

On Monday, shares in Toronto, Canada headquartered Golden Star Resources Ltd recorded a trading volume of 3.43 million shares, which was higher than their three months average volume of 3.16 million shares. The stock ended the day at $0.71, dropping 5.28% from the last trading session. The Company's shares are trading below their 200-day moving average by 8.55%. Furthermore, shares of Golden Star Resources, which operates as a gold mining and exploration Company, have a Relative Strength Index (RSI) of 29.65.

On March 06th, 2017, Golden Star reported the remaining results from the in-fill drilling program at its Wassa Underground Gold Mine in Ghana. The program targeted the high grade B Shoot zone of Wassa Underground, focusing on the areas that are expected to be mined with transverse stoping. Sign up and read the free research report on GSS at:

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


Alamos Gold  

Toronto, Canada headquartered Alamos Gold Inc.'s stock saw a drop of 5.78%, finishing yesterday's session at $6.68. A total volume of 5.06 million shares was traded, which was higher than their three months average volume of 3.14 million shares. The Company's shares have gained 8.97% over the previous three months. The stock is trading below its 50-day moving average by 14.62%. Additionally, shares of Alamos Gold, which together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America, have an RSI of 33.78.

On February 10th, 2017, research firm RBC Capital Markets downgraded the Company's stock rating from 'Outperform' to 'Sector Perform' while revising its previous target price from $8.50 a share to $9 a share.

On February 23rd, 2017, Alamos Gold reported its updated mineral reserves and resources as of December 31st, 2016. Alamos Gold's global proven and probable mineral reserves increased 31%, or 1.8 million ounces, to total 7.7 million ounces of gold, reflecting a significant increase in mineral reserves at La Yaqui and the declaration of initial mineral reserves at Kirazlı and Ağı Dağı. The Company's combined proven and probable mineral reserves at La Yaqui increased to 608,000 ounces of gold, a 519,000 ounce increase. Combined mineral reserves and resources at La Yaqui increased 113% to 684,000 ounces through a very successful 2016 exploration program. The complimentary research report on AGI can be downloaded at:

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


NovaGold Resources  

Shares in Vancouver, Canada-based NovaGold Resources Inc. ended the session 4.52% lower at $4.86. The stock recorded a trading volume of 2.77 million shares, which was above its three months average volume of 2.33 million shares. The Company's shares have gained 6.81% over the previous three months and 6.58% on an YTD basis. The stock is trading 6.55% below its 50-day moving average. Moreover, shares of NovaGold Resources, which explores and develops mineral properties in Canada and the US, have an RSI of 35.22. Register for free on Stock-Callers.com and access the latest report on NG at:

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


Jagged Peak Energy  

At the closing bell on Monday, Denver, Colorado headquartered Jagged Peak Energy Inc.'s stock declined 1.11%, finishing at $13.38. A total volume of 447,823 shares was traded. Shares of the Company, which focuses on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware basin, a sub-basin of the Permian basin of West Texas, are trading 5.33% and 5.33% below their 50-day and 200-day moving averages, respectively.

As per a SEC filing dated February 07th, 2017, in connection with the closing of the Offering, on February 01st, 2017, the Company entered into a registration rights agreement with Q-Jagged Peak Energy Investment Partners, LLC, Gregory S. Hinds (the Company's Executive Vice President, Development Planning & Acquisitions), Robert W. Howard (the Company's Executive Vice President, Chief Financial Officer), Joseph N. Jaggers (the Company's Chairman, Chief Executive Officer and President) and Mark R. Petry (the Company's Executive Vice President, Land).

On February 22nd, 2017, research firm Citigroup initiated a 'Buy' rating on the Company's stock, with a target price of $19 per share. Get free access to your research report on JAG at:

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

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