Shares of Randgold Resources Ltd. (NASDAQ:GOLD) have received a consensus rating of “Hold” from the twenty brokerages that are covering the stock. Three investment analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and eight have assigned a buy recommendation to the company.

A number of analysts recently weighed in on GOLD shares. Canaccord Genuity upgraded shares of Randgold Resources from a “hold” rating to a “buy” rating in a research note on Thursday, September 1st. Berenberg Bank began coverage on Randgold Resources in a report on Wednesday, September 7th. They issued a “hold” rating for the company. Goldman Sachs Group Inc. raised Randgold Resources from a “neutral” rating to a “buy” rating in a report on Monday, June 27th. Macquarie raised Randgold Resources from a “neutral” rating to an “outperform” rating in a report on Friday, July 1st. Finally, Investec reaffirmed a “buy” rating on shares of Randgold Resources in a report on Tuesday, July 19th.

Several large investors have recently added to or reduced their stakes in GOLD. Checchi Capital Advisers LLC boosted its stake in Randgold Resources by 4.7% in the second quarter. Checchi Capital Advisers LLC now owns 1,004 shares of the company’s stock valued at $112,000 after buying an additional 45 shares during the period. Stifel Financial Corp boosted its stake in Randgold Resources by 0.8% in the second quarter. Stifel Financial Corp now owns 13,108 shares of the company’s stock valued at $1,469,000 after buying an additional 107 shares during the period. Dimensional Fund Advisors LP boosted its stake in Randgold Resources by 1.2% in the second quarter. Dimensional Fund Advisors LP now owns 20,734 shares of the company’s stock valued at $2,323,000 after buying an additional 237 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in Randgold Resources by 0.8% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 31,363 shares of the company’s stock valued at $2,848,000 after buying an additional 263 shares during the period. Finally, World Asset Management Inc boosted its stake in Randgold Resources by 8.5% in the second quarter. World Asset Management Inc now owns 5,787 shares of the company’s stock valued at $648,000 after buying an additional 454 shares during the period. Institutional investors and hedge funds own 42.07% of the company’s stock.

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Randgold Resources (NASDAQ:GOLD) traded down 0.93% during trading on Tuesday, hitting $97.46. 276,680 shares of the stock traded hands. Randgold Resources has a 12 month low of $56.57 and a 12 month high of $126.55. The firm’s 50-day moving average is $104.72 and its 200-day moving average is $99.18. The stock has a market cap of $9.13 billion, a P/E ratio of 48.22 and a beta of 0.47.

Randgold Resources Company Profile

Randgold Resources Limited is engaged in the 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 mines, such as Morila, Loulo, Gounkoto, Tongon and Kibali. The Company holds Morila Limited, which holds interests in the Morila mine in Mali.

5 Day Chart for NASDAQ:GOLD

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