Pre-Market Technical Pulse on Gold Stocks — Seabridge Gold, Gold Standard Ventures, Golden Star Resources, and Randgold Resources

If you want a Stock Review on SA, GSV, GSS, or GOLD then come over to and sign up for your free customized report. Today’s research on is focused on the recent performance of Seabridge Gold Inc. (NYSE: SA), Gold Standard Ventures Corp. (NYSE AMER: GSV), Golden Star Resources Ltd (NYSE AMER: GSS), and Randgold Resources Ltd (NASDAQ: GOLD). According to a Reuters report, technical analyst Wang Tao said that spot gold may drop into a range of $1,261 to $1,267 per ounce, as it has cleared a support at $1,277. Sign up today on and download our free research reports on these featured stocks at:

Seabridge Gold 

Toronto, Canada-based Seabridge Gold Inc.’s stock finished Monday’s session 1.64% higher at $12.40 with a total trading volume of 234,535 shares. The Company’s shares have advanced 1.22% in the past month, 18.66% in the previous three months, and 52.15% since the start of this year. The stock is trading 6.03% above its 50-day moving average and 15.90% above its 200-day moving average. Additionally, shares of Seabridge Gold, which together with its subsidiaries, engages in the acquisition and exploration of gold properties located in North America, have a Relative Strength Index (RSI) of 57.79.

On September 06th, 2017, Seabridge Gold announced that results from the first five holes drilled this year into the Iron Cap Deposit at KSM could warrant significant changes to the project’s mine plan, which could substantially improve project economics. Four of the five holes have long intercepts, with gold grades above one gram per tonne. The KSM project, located in north western British Columbia, Canada is 100%-owned by the Company and hosts four large porphyry gold-copper deposits, including Iron Cap. SA complete research report is just a click away at:

Gold Standard Ventures 

On Monday, shares in Vancouver, Canada headquartered Gold Standard Ventures Corp. recorded a trading volume of 160,577 shares. The stock ended the session 1.23% lower at $1.60. The Company’s shares are trading 6.80% below their 50-day moving average. Moreover, shares of the Company, which engages in the acquisition and exploration of gold-bearing mineral resource properties in Nevada, the US, have an RSI of 39.11.

On September 28th, 2017, Gold Standard Ventures announced that it will commence a drill program in mid-October at its 100%-owned Lewis Project in the Battle Mountain mining district, Lander County, Nevada. The US $1.5 million program will test a variety of targets with approximately 4,600m of drilling in 11 holes. The complimentary report on GSV can be downloaded at:

Golden Star Resources 

Toronto, Canada headquartered Golden Star Resources Ltd’s shares closed the day 1.93% lower at $0.75. The stock recorded a trading volume of 1.58 million shares, which was higher than its three months average volume of 1.53 million shares. The Company’s shares have gained 18.63% over the previous three months and 1.05% on an YTD basis. The stock is trading 4.38% above its 50-day moving average. Additionally, shares of the Company, which operates as a gold mining and exploration company, have an RSI of 52.70.

On September 29th, 2017, research firm Desjardins initiated a ‘Buy’ rating on the Company’s stock.

On September 29th, 2017, Golden Star Resources announced that stoping has commenced at its high-grade Prestea Underground Gold Mine in Ghana. The successful blasting of the initial ore from the first stope in the West Reef ore body took place on September 27th, 2017. The first stope is being mined using mechanized shrinkage, utilizing Alimak raise climbers, and it will be hauled to surface for processing via the Central Shaft. Sign up for your complimentary report on GSS at:

Randgold Resources 

Shares in St Helier, Channel Islands-based Randgold Resources Ltd finished 0.39% lower at $97.28. The stock recorded a trading volume of 370,565 shares. The Company’s shares have advanced 11.65% in the previous three months and 27.43% on an YTD basis. The stock is trading above its 200-day moving average by 7.57%. Furthermore, shares of Randgold Resources, which together with its subsidiaries, engages in exploring, developing, and operating gold mines in west and east Africa, have an RSI of 42.22. Download the research report for free on GOLD at:

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About the Author: Bob Cooper

Bob Cooper is Canadian Business Tribune''s senior editor. He is also a nationally syndicated newspaper columnist and a bestselling author. He lives in London Ontario and covers the intersection of money, politics and finance. He appears periodically on national television shows and has been published in (among others) The National Post, Politico, The Atlantic, Harper’s,, Vice and He also has served as a journalist and consultant on documentaries for CBC and Global News . In 2014, he was the winner of the Society of American Business Editors and Writers' investigative journalism award, and the winner of the Izzy Award for Journalism from Ithaca College's Park Center for Independent Media. He was also a finalist for UCLA's Gerald R. Loeb Award and Syracuse University's Mirror Award. Before becoming a journalist in 2006, Sirota worked in Washington for, among others, U.S. Rep. Bernie Sanders, the U.S. House Appropriations Committee Minority Staff and the Center for American Progress.