Randgold Resources Ltd. (NASDAQ:GOLD) shares saw an uptick in trading volume on Friday . 1,035,717 shares traded hands during trading, an increase of 13% from the previous session’s volume of 916,158 shares.The stock last traded at $99.37 and had previously closed at $96.50.

GOLD has been the topic of several research reports. Canaccord Genuity upgraded shares of Randgold Resources from a “hold” rating to a “buy” rating in a report on Thursday. Citigroup Inc. reiterated a “sell” rating on shares of Randgold Resources in a report on Thursday, August 18th. Deutsche Bank AG reiterated a “hold” rating on shares of Randgold Resources in a report on Wednesday, August 10th. Morgan Stanley downgraded shares of Randgold Resources from an “equal weight” rating to an “underweight” rating in a report on Monday, July 25th. Finally, Investec reiterated a “buy” rating on shares of Randgold Resources in a report on Tuesday, July 19th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $2,203.00.

The firm has a 50 day moving average of $109.54 and a 200-day moving average of $98.28. The stock has a market capitalization of $9.35 billion and a price-to-earnings ratio of 49.39.

Randgold Resources Limited is engaged in the 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 mines, such as Morila, Loulo, Gounkoto, Tongon and Kibali. The Company holds Morila Limited, which holds interests in the Morila mine in Mali.

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