Randgold Resources (GOLD) Given Daily Media Impact Rating of 0.16

Headlines about Randgold Resources (NASDAQ:GOLD) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Randgold Resources earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned media stories about the basic materials company an impact score of 44.313828165456 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the media stories that may have impacted Accern’s scoring:

GOLD has been the subject of several analyst reports. Citigroup upgraded shares of Randgold Resources from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 5th. HC Wainwright restated a “buy” rating on shares of Randgold Resources in a research report on Wednesday, November 22nd. Investec upgraded shares of Randgold Resources from a “hold” rating to a “buy” rating in a research report on Friday, November 3rd. Zacks Investment Research upgraded shares of Randgold Resources from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 18th. Finally, Desjardins reiterated a “hold” rating on shares of Randgold Resources in a research report on Monday, December 11th. Twelve equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $84.90.

Shares of Randgold Resources (NASDAQ:GOLD) traded up $0.80 during midday trading on Friday, reaching $98.65. 506,079 shares of the company’s stock traded hands, compared to its average volume of 398,621. Randgold Resources has a 1 year low of $80.34 and a 1 year high of $108.29. The firm has a market cap of $9,450.00, a PE ratio of 33.44 and a beta of -0.12.

Randgold Resources (NASDAQ:GOLD) last announced its quarterly earnings results on Thursday, November 2nd. The basic materials company reported $0.51 earnings per share (EPS) for the quarter. Randgold Resources had a net margin of 21.49% and a return on equity of 7.32%. equities research analysts expect that Randgold Resources will post 2.98 earnings per share for the current fiscal year.

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About Randgold Resources

Randgold Resources Limited is engaged in 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 various mines, such as Morila, Loulo, Gounkoto, Tongon and Kibali. The Company is exploring in African countries, such as Mali, Senegal, Cote d’Ivoire and the Democratic Republic of Congo (DRC).

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