ZA:SHARES OF ROYAL GOLD RANK RELATIVELY LOW IN TERMS OF UPSIDE POTENTIAL IN THE GOLD INDUSTRY (RGLD, GOLD, IAG, NSU, UXG)
Jun 08, 2011 (SmarTrend(R) News Watch via COMTEX) -- Below are the bottom five companies in the Gold industry as measured by the potential gains between the current stock price and the projected average analyst target.
Royal Gold (NASDAQ:RGLD) has potential upside of 23% based on a current price of $59.5 and an average consensus analyst price target of $73.16.
Randgold Resources (NASDAQ:GOLD) has potential upside of 27.1% based on a current price of $80.38 and an average consensus analyst price target of $102.2.
IAMGOLD (NYSE:IAG) has potential upside of 27.5% based on a current price of $20.33 and an average consensus analyst price target of $25.92.
Nevsun Resources (AMEX:NSU) has potential upside of 27.9% based on a current price of $5.87 and an average consensus analyst price target of $7.51.
US Gold (AMEX:UXG) has potential upside of 28.3% based on a current price of $6.19 and an average consensus analyst price target of $7.94.
SmarTrend currently has shares of US Gold in an Downtrend and issued the Downtrend alert on May 04, 2011 at $8.06. The stock has fallen 23.2% since the Downtrend alert was issued.
