Wall Street Fundamentals Releases New In-Depth Stock Reports on AUQ, GFI, GG and RGLD

T.AUQ, GFI, T.G, T.RGL

Gold prices closed at an 11-week high Friday after disappointing housing data raised hopes of prolonged stimulus measures from the Federal Reserve. On the Comex division of the New York Mercantile Exchange, gold for December delivery closed at $1,395.80 a troy ounce, an increase of 1.8 percent. On Friday, the Commerce Department reported July U.S. new home sales declined 13.4 percent to an annual rate of 394,000 units. "The higher mortgage rates are having an impact on the housing market," said Scott Brown, chief economist with Raymond James. "That makes tapering (bond purchases) somewhat less likely." Here is how some gold stocks reacted Friday:

AuRico Gold Inc. (NYSE: AUQ)(TSX: AUQ) shares traded in the range of $4.73 to $4.95 Friday before settling to close at $4.88, an increase of 1.94 percent. The stock appears to be facing some resistance at the $4.95 and $5.21 levels with some support at $4.82. Shares of AuRico Gold have fallen approximately 40.0 percent in 2013.

More information on AuRico Gold and access to the free equity report can be found at:
www.WallStreetFundamentals.com/AUQ

Gold Fields Limited (NYSE: GFI) shares traded in the range of $5.39 to $5.71 Friday before settling to close at $5.65, a decrease of 1.05 percent. The stock appears to be facing some resistance at the $5.66 and $5.98 levels with some support at $5.37. Shares of Gold Fields have fallen approximately 55.0 percent in 2013.

More information on Gold Fields and access to the free equity report can be found at:
www.WallStreetFundamentals.com/GFI

Goldcorp Inc. (NYSE: GG)(TSX: G) shares traded in the range of $30.35 to $31.44 Friday before settling to close at $31.02, an increase of 1.94 percent. The stock appears to be facing some resistance at the $32.00 and $33.31 levels with some support at $30.91. Shares of Goldcorp have fallen approximately 15.0 percent in 2013.

More information on Goldcorp and access to the free equity report can be found at:
www.WallStreetFundamentals.com/GG

Royal Gold, Inc. (NASDAQ: RGLD)(TSX: RGL) shares traded in the range of $61.69 to $64.56 Friday before settling to close at $63.95, an increase of 3.78 percent. The stock appears to be facing some resistance at the $64.21 and $71.26 levels with some support at $61.74. Shares of Royal Gold have fallen approximately 40.0 percent in 2013.

More information on Royal Gold and access to the free equity report can be found at:
www.WallStreetFundamentals.com/RGLD

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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com

Tags: GOLD

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