The Energy Stocks – Oil and Gold – Newmont Mining (NYSE:NEM), Barrick Gold (NYSE:ABX), Alamos Gold (NYSE:AGI), Kinross Gold (NYSE:KGC) and TOREX GOLD (OTCMKTS:TORXF)

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By dmcIntire on July 9, 2014 Energy & Solar

The senior management of Alamos Gold Inc (NYSE:AGI) are planning a conference call on the 4^th of July, at noon, to discuss the results of their second quarter, before releasing them. The company wishes to release the results before its next trading session that is due to be held on 31^st July. The last day-trade for Alamos Gold Inc (NYSE:AGI) began at $10.00, the company achieved a peak value of $10.07 before finally ending up at $10.02. The weekly performance displayed by the stocks is 2.45%.

In the last month, miner Newmont Mining Corp (NYSE:NEM) announced a deal with Northern Star Resources. According to the deal, Newmont Mining Corp (NYSE:NEM) was to sell to the firm, Jundee gold mine, one of the underground mines found in Australia. On July 2^nd, the deal was closed at $91 million. The profit of this sale was paid $77 million in cash and a working capital of $14 million. The last trading day for Newmont Mining Corp (NYSE:NEM) ended at a price of $25.19. The institutional ownership of company stock is at 74.10% and the insider ownership includes 0.10%. The company holds 498.53 million outstanding share volume of which, 497.44 million have come into the market.

On Thursday, gold achieved its maximum price over the last two months. The price increased by 3.9% and became $1,319 per ounce. As a result, the gold miners’ stock increased in the market. Kinross Gold Corporation (USA) (NYSE:KGC) increased on Thursday. In its last trading session, the company held shares worth 6.58 million shares, below its average of 8.03 million. Kinross Gold Corporation (USA) (NYSE:KGC) opened its trading day at a price of $4.23¸ achieved it peak price at $4.25 and finally closed the trade at $4.25. The company’s stocks decreased by -0.93%.

Barrick Gold Corporation (USA) (NYSE:ABX) produced it results for the second financial quarter on July 4^th, 2014. The results will be proclaimed on 30^th July. In its last trading session on 3^rd July, Barrick Gold Corporation (USA) (NYSE:ABX) was met with a rise of 0.55% when it closed at the share price $18.44. The range over 52 weeks for the company is $13.43 -$21.45. Barrick Gold Corporation (USA) (NYSE:ABX)’s market capitalization is recorded at $21.48 billion. The company held a volume of 6.76 million shares during its last day-trade. Among the share capital, the company owns 1.16 billion outstanding shares.

TOREX GOLD RES INC (OTCMKTS:TORXF) is based in Canada. It is a resource company that is involved in the development and exploration of its own Gold Property. The company owns about 29000 hectares of land in the Gold belt at Guerrero. The company is currently working on two projects on the property. In the last trade-day, the company began its session at $1.49, reached a maximum value of $1.50 and finally closed the day at $1.48. The day range for the company was $1.48 – $1.50. Market capitalization is $1.08 billion of the company stock. The company held 7,500.00 shares in the last trading session, and has an average share volume at 134,010.00.