Thursday, November 18, 2010

Barrick Gold (NYSE:ABX), Kinross Gold (NYSE:KGC), Newmont Mining (NYSE:NEM) End Wednesday in Positive Territory

Performances from diversified miners and gold miners on Wednesday were mixed, were mostly level, and miners relatively stable in their price movements, like Barrick Gold (NYSE:ABX), Kinross Gold (NYSE:KGC) and Newmont Mining (NYSE:NEM).

Most of them were much higher throughout the day, but as with others miners, they fell in the last couple of hours of the trading session, as did gold prices.

Barrick closed Wednesday at $49.17, rising by $0.32, or 0.66 percent. Kinross ended the session barely above level, ending the day at $17.44, gaining $0.02, or 0.11 percent. Newmont was at $59.59, increasing by $0.20, or 0.34 percent.

Trading volume for all of them were below their 3-month daily average.

No comments: