STOCKS NEWS UK-Randgold up on gold rally, bullish comments

Wed Nov 11, 2009 10:27am GMT
 
Email | Print | | Single Page
[-] Text [+]

STOCKS NEWS Reuters Results diary

Europe [STXNEWS/EU] Real-time Equity News [E] [GB/EQUITY]

UK [STXNEWS/UK] Stocks on the move [HOT-RTRS]

UK smallcaps [STX/UKSC] UK smallcaps news [GB/SMALL]

10:21GMT 11Nov2009-Randgold up on gold rally, bullish comments

--------------------------------------------------------------

Shares in gold miner Randgold Resources (RRS.L) rise more than 5 percent to an all-time high after gold rallies and Randgold's shares bounce back from a dip following Tuesday's announcement of lower-than-expected quarterly profit.

"Gold is up and Randgold is the only pure player on gold in the FTSE," says Tom Gidley-Kitchin, an analyst with Charles Stanley, maintaining its "hold" recommendation.  Continued...

 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives

Most Popular Business News on Reuters UK

  • Articles
  • Videos