A statement released earlier today by Numis about Randgold Resources Ltd (LON:RRS) bumps down the target price to 8,500.00GBX
- Updated: October 10, 2016
Boasting a price of 7,082.50GBX, Randgold Resources Ltd (LON:RRS) traded 0.07% higher on the day. With the last stock price close down -3.53% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Randgold Resources Ltd has recorded a 50-day average of 7,550.83GBX and a two hundred day average of 7,328.52GBX. Volume of trade was down over the average, with 97,552 shares of RRS changing hands under the typical 581,170
Numis bumped down the target of Randgold Resources Ltd (LON:RRS) to 8,500.00GBX stating a potential upside of 0.20%.
On 10/5/2016, Deutsche Bank released a statement for Randgold Resources Ltd (LON:RRS) bumped up the target price from 7,370.00GBX to 7,415.00GBX that suggested a downside of -0.07%.
With a total market value of 0 GBX, Randgold Resources Ltd has PE ratio of 34.98 with a one year low of 3,870.00GBX and a one year high of 9,820.00GBX .
A total of 22 brokerages have issued a ratings update on Randgold Resources Ltd. Two brokerages rating the company a strong buy, four brokerages rating the company a buy, fourteen brokerages rating the company a hold, one brokerage rating the company a underperform, and finally one brokerage rating the company a sell with a 12-month price target of 94.84GBX.
General Company Details For Randgold Resources Ltd (LON:RRS)
Randgold Resources Limited is engaged in the 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 mines, such as Morila, Loulo, Gounkoto, Tongon and Kibali. The Company holds Morila Limited, which holds interests in the Morila mine in Mali. The Company holds a controlling interest in the Loulo mine, located in Mali, through Societe des Mines de Loulo SA (Loulo). The Company has a controlling interest in the Gounkoto mine through Societe des Mines de Gounkoto SA (Gounkoto). The Company holds controlling interest in the Tongon mine, which is located within the Nielle exploitation permit in the north of Cote d'Ivoire. It is exploring in over four African countries, such as Mali, Senegal, Cote d'Ivoire and the Democratic Republic of Congo (DRC), with a portfolio of approximately 141 targets on over 12,310 kilometers of ground holding.
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