News stories about Randgold Resources (NASDAQ:GOLD) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Randgold Resources earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned media coverage about the basic materials company an impact score of 45.3625698500888 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
GOLD has been the topic of a number of research reports. JPMorgan Chase dropped their price objective on Randgold Resources from $103.00 to $101.00 and set an “overweight” rating on the stock in a research note on Monday, February 12th. Royal Bank of Canada downgraded Randgold Resources from a “sector perform” rating to an “underperform” rating in a research note on Wednesday, April 4th. Zacks Investment Research raised Randgold Resources from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 31st. HC Wainwright reissued a “buy” rating on shares of Randgold Resources in a research note on Wednesday, January 17th. Finally, BidaskClub raised Randgold Resources from a “strong sell” rating to a “sell” rating in a research note on Saturday, March 24th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company. Randgold Resources presently has an average rating of “Hold” and a consensus price target of $84.10.
Shares of NASDAQ GOLD traded down $1.50 during mid-day trading on Monday, reaching $80.76. The company had a trading volume of 415,493 shares, compared to its average volume of 644,789. The stock has a market capitalization of $7,766.59, a price-to-earnings ratio of 27.66 and a beta of 0.11. Randgold Resources has a 1-year low of $77.70 and a 1-year high of $108.29.
Randgold Resources (NASDAQ:GOLD) last issued its earnings results on Monday, February 5th. The basic materials company reported $0.79 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.84 by ($0.05). The company had revenue of $328.62 million during the quarter. Randgold Resources had a return on equity of 7.13% and a net margin of 21.72%. sell-side analysts expect that Randgold Resources will post 3.72 EPS for the current year.
The business also recently announced an annual dividend, which will be paid on Friday, May 18th. Investors of record on Friday, March 23rd will be issued a $2.00 dividend. The ex-dividend date is Thursday, March 22nd. Randgold Resources’s payout ratio is 67.81%.
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About Randgold Resources
Randgold Resources Limited is engaged in 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 various mines, such as Morila, Loulo, Gounkoto, Tongon and Kibali. The Company is exploring in African countries, such as Mali, Senegal, Cote d’Ivoire and the Democratic Republic of Congo (DRC).
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