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Randgold Resources Ltd. (NASDAQ:GOLD) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 1,822,638 shares, an increase of 44.9% from the June 30th total of 1,257,840 shares, Analyst Ratings.Net reports. Based on an average trading volume of 665,821 shares, the days-to-cover ratio is presently 2.7 days. Currently, 0.0% of the shares of the company are sold short.

GOLD has been the subject of a number of recent research reports. Analysts at Westhouse Securities reiterated an “add” rating on shares of Randgold Resources Ltd. in a research note on Monday. Separately, analysts at HSBC downgraded shares of Randgold Resources Ltd. from a “neutral” rating to an “underweight” rating in a research note on Friday, July 25th. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Randgold Resources Ltd. in a research note on Monday, July 7th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $92.35.

Shares of Randgold Resources Ltd. (NASDAQ:GOLD) opened at 87.72 on Wednesday. Randgold Resources Ltd. has a 52-week low of $59.19 and a 52-week high of $89.89. The stock has a 50-day moving average of $84.10 and a 200-day moving average of $78.28. The company has a market cap of $8.115 billion and a price-to-earnings ratio of 29.32.

Randgold Resources Ltd. (NASDAQ:GOLD) last posted its quarterly 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. Analysts expect that Randgold Resources Ltd. will post $3.50 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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