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Randgold Resources Ltd. (NASDAQ:GOLD)‘s stock had its “neutral” rating reaffirmed by analysts at Citigroup Inc. in a research report issued to clients and investors on Monday.

Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “overweight” rating on shares of Randgold Resources Ltd. in a research note on Monday, June 9th. Separately, analysts at Westhouse Securities initiated coverage on shares of Randgold Resources Ltd. in a research note on Friday, June 6th. They set an “add” rating on the stock. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Randgold Resources Ltd. in a research note on Monday, June 2nd. Thirteen research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $92.35.

Randgold Resources Ltd. (NASDAQ:GOLD) traded down 1.15% during mid-day trading on Monday, hitting $85.32. The stock had a trading volume of 518,329 shares. Randgold Resources Ltd. has a 1-year low of $59.19 and a 1-year high of $86.67. The stock’s 50-day moving average is $78. and its 200-day moving average is $75.13. The company has a market cap of $7.893 billion and a price-to-earnings ratio of 28.58. Randgold Resources Ltd. also saw a significant decrease in short interest in the month of June. As of June 13th, there was short interest totalling 936,273 shares, a decrease of 13.1% from the May 30th total of 1,077,947 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 383,453 shares, the days-to-cover ratio is currently 2.4 days.

Randgold Resources Ltd. (NASDAQ:GOLD) last announced its earnings results on Thursday, May 8th. The company reported $0.79 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.77 by $0.02. On average, analysts predict that Randgold Resources Ltd. will post $3.44 EPS for the current fiscal year.

Randgold Resources Limited is engage in the exploration and development of gold deposits in Sub-Saharan Africa.

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