Stocks Alert – Gerdau SA (ADR) (GGB), Kinross Gold Corporation (USA) (KGC), E Commerce China DangdangInc (ADR) (DANG), IAMGOLD Corp (USA) (IAG)

Submitted By on May 07, 2014 - 11:37 AM

Birmingham, West Midlands — (TechSonian) — 07 May 2014 —Gerdau SA (ADR) (NYSE:GGB) produces and commercializes steel products worldwide. The company provides crude steel products, which include billets that are used to manufacture wire rods, rebars, and merchant bars; blooms for use in the manufacture of springs, forged parts, heavy structural shapes, and seamless tubes; and slabs, which are used in the steel industry for the rolling of various flat rolled products, as well as to produce hot and cold rolled coils, heavy slabs, and profiles.

Gerdau SA (ADR) (NYSE:GGB) remained among the day bulls with 1.13% and traded with volume of 3.88 million shares in the last session, as compared to average volume of 5.90 million shares. In comparison with 52 week range of $5.27- $8.41, it faced lowest price of $6.22 during the last trading session whereas its day highest price was $6.40. The company’s total market capitalization is $10.70 billion, along with 1.13 billion shares outstanding.

Can Investors Bet on GGB after this News update? Find out in this Research Report

Kinross Gold Corporation (USA) (NYSE:KGC)along with its subsidiaries, is involved in mining and processing gold and silver ores. The Company is engaged in the exploration, acquisition, development, and operation of gold bearing properties.

Kinross Gold Corporation (USA) (NYSE:KGC) managed to keep its decrease at 1.21% on volume of 3.74 million shares. The stock settled at $4.08 after floating in a range of $4.05 to $4.14. At its latest price, the stock reached market capitalization of $4.67 billion. Its 52-week range has been $3.98 to $6.65.

Is KGC a Solid Investment at These Levels? Read This Report for Details

E Commerce China DangdangInc (ADR) (NYSE:DANG)proclaimed that the Company will release its financial results for the first quarter ended March 31, 2014 before the market open on May 15, 2014. Dangdang’s management will host a corresponding conference call at 8:00 A.M. Eastern Time (or 8:00 P.M. Beijing/Hong Kong time) on that day.

E Commerce China DangdangInc (ADR) (NYSE:DANG) settled 7.93% lower at $10.57 on volume of 3.73 million shares during the last trading day. The stock has its 12-month low at $3.86 and 52-week high price was $19.05. It traded in a range of $10.52 to $11.69 during the last trading day.

How Should Investors Trade DANG Now? Don’t Miss out a Special Trend Analysis

IAMGOLD Corp (USA) (NYSE:IAG) recently revealed its unaudited condensed consolidated interim financial and operating results for the first quarter ended March 31, 2014. Adjusted net earnings attributable to equity holders1 were $12.2 million, or $0.03 per share1. Net cash from operating activities before changes in working capital1 was $64.6 million, or $0.17 per share1. Attributable gold production was 172,000 ounces2; attributable gold sales of 176,000 ounces.

IAMGOLD Corp (USA) (NYSE:IAG) closed yesterday at $3.51,the traded was no changed. Around 3.70 million shares were traded at average trading volume of 4.62 million shares. The company is now valued at around $1.32 billion.

What IAG Charts Are Signaling for Traders? Find Out Here