Randgold Resources LTD (GOLD) Shareholder Van Eck Associates Corp Increased Its Stake by $33.99 Million

The holdings In Randgold Resources Ltd (GOLD) was rose held by Van Eck Associates Corp. According to 2018Q2 SEC form the decrease is 8.08%. 441,386 shares were bought by Van Eck Associates Corp as the company’s stock declined 21.70% while stock markets rallied. At the end of 2018Q2, the institutional investor held 5.90 million shares of the precious metals company, priced at $454.95M, up from 5.46M at the end of the previous reported quarter. $7.88 billion is Randgold Resources Ltd’s market cap. GOLD reached $83.71 during the last trading session after $1.68 change.Randgold Resources Limited has volume of 510,372 shares. Since December 6, 2017 GOLD has declined 40.46% and is downtrending. GOLD underperformed the S&P500 by 56.08%.

About $30.53 billion and $21.39 billion US Long portfolio Van Eck Associates Corp manages. Its stake in Baker Hughes A Ge Co was decreased by 740,111 shares to 2.11M shares valued at $69.53 million in 2018Q2, according to the filing. For a total of 127,455 shares it reduced its holding in Shire Plc (NASDAQ:SHPG) by 41,666 shares in the quarter, and has cut its stake in Dril (NYSE:DRQ).

For more Randgold Resources Limited (NASDAQ:GOLD) news published briefly go to: Nasdaq.com, Nasdaq.com, Nasdaq.com, Nasdaq.com or Nasdaq.com. The titles are as follows: “New Drill Season Hits High-Grade Shallow Gold at Ndongo East – Nasdaq” published on November 28, 2018, “Troilus Gold Corp. Completes Acquisition of Troilus North Project From Emgold Mining Corporation – Nasdaq” on December 05, 2018, “Harte Gold Announces Closing of Private Placement – Nasdaq” with a publish date: November 23, 2018, “Candelaria Mining Acquires the Remaining 40% Ownership of Pinos Gold Project – Nasdaq” and the last “ISS Recognizes Prolonged Value Destruction and Governance Concerns at Detour Gold – Nasdaq” with publication date: December 03, 2018.

Randgold Resources Limited (NASDAQ:GOLD) Ratings Coverage

In total 2 analysts cover Randgold Resources (NASDAQ:GOLD). “Buy” rating has 0, “Sell” are 0, while 2 are “Hold”. 0 are bullish. 2 are the (NASDAQ:GOLD)’s analyst reports since September 26, 2018 according to StockzIntelligence Inc. The company rating was upgraded by RBC Capital Markets on Wednesday, September 26. On Monday, October 22 Macquarie Research downgraded Randgold Resources Limited (NASDAQ:GOLD) to “Neutral” rating.

Randgold Resources Limited (NASDAQ:GOLD) Analyst Ratings Chart

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