The price of gold went up 25 per cent in 2010, driven by fears of declining currency value.
That should be good news for investors. However, many large gold stocks didnt enjoy similar gains.
Kimber Resources, Inc. (AMEX:KBX) decreased -0.75%, to close at $1.32 and its overall traded volume was 264,220.00 shares during the last session against its average volume of 232,603.00.
Capital Gold Corporation (AMEX:CGC) decreased -4.39%, to close at $5.01 and its overall traded volume was 457,480.00 shares during the last session against its average volume of 468,703.00.
Southern Copper Corporation (USA) (NYSE:SCCO) decreased -1.29%, to close at $48.95 and its overall traded volume was 2.33M shares during the last session against its average volume of 1.65M.
Gold Resource Corporation (AMEX:GORO) decreased -4.30%, to close at $27.60 and its overall traded volume was 239,543.00 shares during the last session against its average volume of 217,096.00.
Mag Silver Corp (ADR) (AMEX:MVG) decreased -3.27%, to close at $12.12 and its overall traded volume was 244,663.00 shares during the last session against its average volume of 179,187.00.
Minefinders Corp. Ltd. (USA) (AMEX:MFN) decreased -3.39%, to close at $10.82 and its overall traded volume was 828,466.00 shares during the last session against its average volume of 675,442.00.
Metalline Mining Company (AMEX:MMG) decreased -6.25%, to close at $1.20 and its overall traded volume was 751,422.00 shares during the last session against its average volume of 426,632.00.
Jan 05, 2011 (SmarTrend(R) News Watch via COMTEX) — Newmont Mining (NYSE:NEM) traded in a range yesterday that spanned from a low of $58.25 to a high of $60.26. Yesterday, the shares fell 3.32%, which took the trading range below the 3-day low of $60.90 on volume of 12 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean revision.
Paramount Gold and Silver Corp. (AMEX:PZG) opened 3.76% lower than its previous closing price and dropped 6.27 to close at $3.74.
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