Gold Stocks Under Review -- New Gold, B2Gold, AngloGold Ashanti, and McEwen Mining

NEW YORK, February 7, 2017 /PRNewswire/ --

Stock-Callers.com today brings focus on New Gold Inc. (NYSE MKT: NGD), B2Gold Corp. (NYSE MKT: BTG), AngloGold Ashanti Ltd (NYSE: AU), and McEwen Mining Inc. (NYSE: MUX). According to a report from the World Gold Council released last Friday, February 03^rd, 2017, global investment demand for Gold jumped 70% year-on-year in 2016 to the highest level in four years, buoyed in part by the uncertain path of future interest-rate increases and the US election. Investment demand of the yellow metal rose to 1,561.1 metric tons in 2016, from 918.7 metric tons a year earlier, and inflows of gold into exchange-traded funds for the year were at their strongest since 2009. Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration

New Gold  

On Monday, shares in Toronto, Canada headquartered New Gold Inc. recorded a trading volume of 11.70 million shares, which was above their three months average volume of 6.49 million shares. The stock ended at $2.88, declining 1.03% from the last trading session. The Company's shares are trading below their 50-day moving average by 20.87%. Furthermore, shares of New Gold, which engages in the development and operation of mineral properties, have a Relative Strength Index (RSI) of 31.94.

On January 30^th, 2017, New Gold reported full-year 2016 gold production of 381,663 ounces, while its copper production for full year 2016 was 102 million pounds. For Full year 2017, New Gold is forecasting gold production to increase to 380,000 to 430,000 ounces, Copper production to remain consistent at 100 to 110 million pounds. New Gold also announced that Randall Oliphant will step down as Executive Chairman, continuing as a member of the Board. Hannes Portmann, currently President of the Company, to become President and CEO.

On January 31^st, 2017, research firm Credit Suisse downgraded the Company's stock rating from 'Neutral' to 'Underperform'. Sign up and read the free research report on NGD at:

http://stock-callers.com/registration/?symbol=NGD

B2Gold  

Vancouver, Canada headquartered B2Gold Corp.'s stock finished yesterday's session 8.04% higher at $3.36. A total volume of 7.83 million shares was traded, which was above their three months average volume of 4.62 million shares. The Company's shares have gained 20.86% in the last one month, 13.90% over the previous three months, and 41.77% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 30.42% and 30.03%, respectively. Furthermore, shares of B2Gold, which engages in the acquisition, exploration, and development of mineral properties in Nicaragua, the Philippines, Namibia, Mali, Colombia, Burkina Faso, Finland, and Chile, have an RSI of 74.79.

On February 05^th, 2017, B2Gold reported record annual consolidated gold production of 550,423 ounces of gold, achieving revised production guidance of 535,000 to 575,000 ounces. The Company posted record annual consolidated gold revenue of $683.3 million on record sales of 548,281 ounces at an average price of $1,246 per ounce. For full year 2017, B2Gold expects consolidated gold production to be in the range of between 545,000 and 595,000 ounces. The complimentary research report on BTG can be downloaded at:

http://stock-callers.com/registration/?symbol=BTG

AngloGold Ashanti  

At the closing bell on Monday, shares in Johannesburg, South Africa headquartered AngloGold Ashanti Ltd rose 2.38%, ending the day at $13.34. The stock recorded a trading volume of 3.48 million shares. The Company's shares have advanced 11.26% in the last one month and 26.93% since the start of this year. The stock is trading 18.88% above its 50-day moving average. Moreover, shares of AngloGold Ashanti, which operates as a gold mining and exploration company, have an RSI of 68.05. Register for free on Stock-Callers.com and access the latest report on AU at:

http://stock-callers.com/registration/?symbol=AU

McEwen Mining  

Toronto, Canada headquartered McEwen Mining Inc.'s stock ended the day 6.47% higher at $4.28. A total volume of 5.17 million shares was traded, which was higher than their three months average volume of 4.20 million shares. The Company's shares have gained 14.58% in the last month, 23.50% over the previous three months, and 47.27% on an YTD basis. The stock is trading 29.44% above its 50-day moving average and 25.38% above its 200-day moving average. Additionally, shares of McEwen Mining, which explores for, develops, produces, and sells precious and base metals in Argentina, Mexico, and the US, have an RSI of 69.83.

On January 16^th, 2017, McEwen Mining announced full year 2016 consolidated production of 145,530 gold equivalent ounces, using a gold to silver ratio of 75:1, or 101,482 gold ounces and 3,303,709 silver ounces. As at December 31^st, 2016, McEwen Mining had no debt and liquid assets of $64 million composed of $36 million in cash, $21 million in precious metals, and $7 million in marketable securities. Get free access to your research report on MUX at:

http://stock-callers.com/registration/?symbol=MUX

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number:  +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA