Prince Street Capital Management Llc Buys More Randgold Res Ltd (NASDAQ:GOLD) Shares

May 17, 2018 - By Jason Dias

In Randgold Res Ltd (NASDAQ:GOLD) was upped the holdings owned by Prince Street Capital Management Llc. The increase is 58.35% according to 2018Q1 Securities and Exchange filling. Randgold Res Ltd (NASDAQ:GOLD) declined 12.90% with the market as Prince Street Capital Management Llc bought 174,300 shares. Prince Street Capital Management Llc’s position was valued at $39.37 million for 473,000 shares. It’s up from 298,700 last quarter. It decreased Banco Bradesco S A (NYSE:BBD) position by 1.52M shares to 294,000 shares, and cut its stake.

Prince Street Capital Management Llc is a New York-based institutional investor with more than $1.36 billion AUM in November, 2014. This fund invests only a small percentage of its assets in equities and options. Taken from Prince Street Capital Management latest Adv, the fund reported to have 20 full and part-time employees. Among which 11 performing investment advisory and research functions. The institutional investor had between 11-25 clients.

Randgold Resources Limited (NASDAQ:GOLD) Ratings Coverage

In total 6 analysts cover Randgold Resources Limited (NASDAQ:GOLD). “Buy” rating has 2, “Sell” are 1, while 3 are “Hold”. 33% are bullish. 7 are the (NASDAQ:GOLD)’s analyst reports since February 5, 2018 according to StockzIntelligence Inc. In Monday, February 12 report JP Morgan maintained it with “Overweight” rating and $101 target. On Wednesday, April 4 the stock of Randgold Resources Limited (NASDAQ:GOLD) has “Underperform” rating given by RBC Capital Markets. On Monday, March 26 the rating was upgraded by Goldman Sachs to “Buy”. On Monday, April 16 the stock has “Hold” rating by Desjardins Securities. In Monday, April 9 report JP Morgan maintained it with “Neutral” rating and $102 target. On Monday, February 5 Scotia Capital maintained Randgold Resources Limited (NASDAQ:GOLD) with “Hold” rating. In Tuesday, March 13 report Canaccord Genuity upgraded the stock to “Buy” rating.

Randgold Resources Limited explores for and develops gold deposits in Sub-Saharan Africa.The firm is worth $7.39 billion. It holds interests in the Morila gold mine, the Loulo gold mine, and the Gounkoto gold mine, which are located in Mali, West Africa; Tongon mine situated within the Nielle exploitation permit in the north of Côte d’Ivoire; and Kibali mine located in the Democratic Republic of Congo.26.76 is the P/E ratio. The firm was founded in 1995 and is based in St.

Randgold Resources Limited (NASDAQ:GOLD) Analyst Ratings Chart

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