Gold Miners Barrick Gold, Agnico-Eagle Mines and AuRico Gold Get Analyst Upgrades

Wall St. Watchdog reveals information about new research in Gold mining shares.  Dundee Capital Markets is reporting that shares of Barrick Gold (NYSE:ABX), Agnico-Eagle Mines (NYSE:AEM), and AuRico Gold (AUQ) look attractive.  Following is a quick look at these companies.

  • Barrick Gold: The shares are trading at $51.67, up $0.92, or 1.81%, on the day.  Its market capitalization is $51.64 billion.  The shares have traded in a 52-week range of $42.50 to $55.74.  About the company: Barrick Gold Corporation is an international gold company with operating mines and development projects in the United States, Canada, South America, Australia and Africa.
  • Agnico-Eagle Mines: The shares are trading at $69.31, up $0.23, or 0.33%, on the day.  Its market capitalization is $14.86 billion.  The shares have traded in a 52-week range of $54.19 to $88.20. About the company: Agnico-Eagle Mines Limited is a gold producer with operations primarily in Quebec, Canada.  The Company also conducts exploration and development activities in Ontario, Canada, and Nevada in the United States.  Agnico-Eagle’s gold production is primarily from underground mining operations.
  • AuRico Gold: The shares are trading at $11.88, up $0.17, or 1.45%, on the day.  Its market capitalization is $2.06 billion.  The shares have traded in a 52-week range of $6.15 to $14.17.  About the company: AuRico Gold, Inc., formerly Gammon Gold, Inc., is a mining company which is also engaged in the exploration for, and development of, gold and silver deposits in Mexico.  Through its subsidiaries, the Company owns and operates the Ocampo gold-silver mine in Chihuahua State, Mexico, and the El Cubo gold-silver mine in Guanajuato State, Mexico, both of which are producing gold and silver.

(Note: Data on stock ratings are sourced from Barron’s.  Selected financial data are sourced from Google Finance.  All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>

More from The Cheat Sheet