Randgold Res Ltd (NASDAQ:GOLD) Shareholder Prince Street Capital Management Llc Upped Its Position as Price Declined by $14.47 Million

May 17, 2018 - By Elizabeth Bryant

In Randgold Res Ltd (NASDAQ:GOLD) was upped the stake held by Prince Street Capital Management Llc. The increase is 58.35% according to 2018Q1 Securities and Exchange form. Randgold Res Ltd (NASDAQ:GOLD) declined 12.90% with the market as Prince Street Capital Management Llc bought 174,300 shares. In 2018Q1, the 473,000 shares in Randgold Res Ltd (NASDAQ:GOLD) held by Prince Street Capital Management Llc were priced $39.37 million, up from 298,700 last quarter. Prince Street Capital Management Llc cut its stake in and reduced Banco Bradesco S A (NYSE:BBD) position by 1.52M shares for a total of 294,000 shares.

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”. (NASDAQ:GOLD) has 33% bullish analysts. 7 are the (NASDAQ:GOLD)’s ratings reports on 17 May 2018 according to StockzIntelligence Inc. The stock rating was maintained by Scotia Capital with “Hold” on Monday, February 5. The company rating was maintained by Desjardins Securities on Monday, April 16. On Wednesday, April 4 the stock has “Underperform” rating by RBC Capital Markets. On Monday, March 26 Goldman Sachs upgraded Randgold Resources Limited (NASDAQ:GOLD) to “Buy” rating. On Monday, April 9 the firm has “Neutral” rating by JP Morgan given. The company rating was maintained by JP Morgan on Monday, February 12. The company rating was upgraded by Canaccord Genuity on Tuesday, March 13.

Randgold Resources Limited explores for and develops gold deposits in Sub-Saharan Africa.The firm is valued at $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.The P/E ratio is 26.76. The firm was founded in 1995 and is based in St.

Randgold Resources Limited (NASDAQ:GOLD) Analyst Ratings Chart

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