Baystreet Staff -

Coverage Initiated on Gold Stocks FrancoNevada, New Gold, Detour Gold, and Alamos Gold

[ACCESSWIRE]

LONDON, UK / ACCESSWIRE / July 28, 2016 / Active Wall St. announces the list of stocks for today's coverage. Pre-market the Active Wall St. team provides the technical notes impacting selected stocks trading on the Toronto Exchange and belonging under the Gold industry. Companies recently under review include Franco-Nevada, New Gold, Detour Gold, and Alamos Gold. Get all of our research notes free by signing up at: http://www.activewallst.com/register/.

On Wednesday, July 27, 2016, the TSX Composite Index edged 0.02% lower, to finish at 14,546.54. The metals and mining index was up 0.40%, ending the session at 653.60.

Active Wall St. has initiated coverage on the following equities: Franco-Nevada Corporation (TSX: FNV), New Gold Inc. (TSX: NGD), Detour Gold Corporation (TSX: DGC), and Alamos Gold Inc. (TSX: AGI). Register with us now for your free membership and more at: http://www.activewallst.com/register/.

Franco-Nevada Corporation (TSX: FNV)

On Wednesday, shares in Toronto, Canada headquartered Franco-Nevada Corporation ended the session 2.84% higher at $99.18 with a total volume of 395,126 shares traded. Franco-Nevada's shares have advanced 4.53% in the last one month and 15.23% in the previous three months. Furthermore, the stock has rallied 87.24% in the past one year. The stock is trading above its 50-day and 200-day moving averages. The company's 50-day moving average of $95.04 is greater than its 200-day moving average of $83.04. Shares in Franco-Nevada, which operates as a gold-focused royalty and stream company in the United States, Canada, Mexico, Peru, Chile, and Africa, traded at a PE ratio of 446.76. See our notes on FNV.TO at: http://www.activewallst.com/registration-3/?symbol=FNV.

New Gold Inc. (TSX: NGD)

Vancouver, Canada-based gold mining company, New Gold Inc.'s stock finished Wednesday's session 7.89% higher at $6.29 with a total volume of 2.63 million shares traded. Over the last one month and the previous three months, New Gold Inc.'s shares have gained 12.32% and 11.92%, respectively. Furthermore, the stock has surged 116.90% in the past one year. Shares of the Company, which engages in the acquisition, exploration, development, and operation of mineral properties, are trading above its 50-day and 200-day moving averages. New Gold's 50-day moving average of $5.70 is above its 200-day moving average of $4.95. The complimentary notes on NGD.TO at: http://www.activewallst.com/registration-3/?symbol=NGD.

Detour Gold Corporation (TSX: DGC)

Toronto, Canada headquartered intermediate gold mining company, Detour Gold Corporation's stock advanced 5.60%, to close the day at $33.18. The stock recorded a trading volume of 1.08 million shares, which was above its three months average volume of 1.05 million shares. Detour Gold Corporation's shares have gained 0.94% in the last one month and 32.93% in the past three months. Furthermore, the stock has rallied 188.02% in the previous one year. Shares of the company, which engages in the acquisition, exploration, development, and operation of mineral properties in Canada, are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $31.96 is greater than its 200-day moving average of $24.74. Register for free and access the latest notes on DGC.TO at: http://www.activewallst.com/registration-3/?symbol=DGC.

Alamos Gold Inc. (TSX: AGI)

On Wednesday, shares in Toronto, Canada headquartered Alamos Gold Inc. recorded a trading volume of 930,225 shares, which was lower than their three months average volume of 1.03 million shares. The stock ended the day 4.17% higher at $12.00. Alamos Gold's stock has surged 12.68% in the last one month and 42.18% in the previous three months. Furthermore, the stock has rallied 183.02% in the past one year. Shares of the Company, which explores for, mines, develops, and produces gold deposits in the U.S. and Canada, are trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $11.17 is above its 200-day moving average of $7.92. Get free access to your notes on AGI.TO at: http://www.activewallst.com/registration-3/?symbol=AGI.

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SOURCE: Active Wall Street