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TheStreet downgraded Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) to Hold in a report released today.

TheStreet has downgraded Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) to Hold in a report released on 10/11/2016.

Yesterday Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) traded 0.97% higher at $86.00. The company’s 50-day moving average is $97.11 and its 200-day moving average is $99.63. The last closing price is down -14.98% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 995,902 shares of the stock traded hands, up from an average trading volume of 984,580

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Randgold Resources Ltd. (ADR) (NASDAQ:GOLD)

Randgold Resources Ltd. (ADR) has a 52 week low of $58.77 and a one year high of $126.55 with a price-earnings ratio of 41.91 GOLD’s total market value is presently $0.

A total of 6 equity analysts have released a ratings update on GOLD. Two brokerages rating the company a strong buy, two brokerages rating the company a buy, three brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $106.71.

More About Randgold Resources Ltd. (ADR) (NASDAQ:GOLD)

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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