Randgold Resources Limited (NASDAQ:GOLD) was the target of some unusual options trading on Wednesday. Stock traders acquired 1,172 put options on the company. This represents an increase of approximately Infinity compared to the typical volume of 0 put options.

A number of research firms recently weighed in on GOLD. Zacks Investment Research lowered Randgold Resources Limited from a “hold” rating to a “strong sell” rating in a research report on Friday, November 10th. UBS AG lowered Randgold Resources Limited from a “buy” rating to a “neutral” rating in a research report on Thursday, November 9th. Investec upgraded Randgold Resources Limited from a “hold” rating to a “buy” rating in a research report on Friday, November 3rd. Finally, BidaskClub lowered Randgold Resources Limited from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the stock. Randgold Resources Limited currently has a consensus rating of “Hold” and a consensus target price of $84.90.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Cubist Systematic Strategies LLC acquired a new stake in Randgold Resources Limited during the 3rd quarter worth about $713,000. Saturna Capital CORP acquired a new stake in Randgold Resources Limited during the 3rd quarter worth about $826,000. JPMorgan Chase & Co. boosted its position in Randgold Resources Limited by 36.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 100,107 shares of the basic materials company’s stock worth $9,858,000 after acquiring an additional 26,899 shares during the period. FNY Managed Accounts LLC acquired a new stake in Randgold Resources Limited during the 3rd quarter worth about $152,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in Randgold Resources Limited during the 3rd quarter worth about $557,000. Hedge funds and other institutional investors own 34.79% of the company’s stock.

Shares of Randgold Resources Limited (NASDAQ GOLD) opened at $93.62 on Monday. Randgold Resources Limited has a 1 year low of $67.54 and a 1 year high of $108.29. The company has a market capitalization of $8,806.71, a PE ratio of 31.74 and a beta of -0.07.

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Randgold Resources Limited Company Profile

Randgold Resources Limited is engaged in gold mining, exploration and related activities. The Company’s activities are focused on West and Central Africa. The Company operates through the gold mining segment. The Company operates various mines, such as Morila, Loulo, Gounkoto, Tongon and Kibali. The Company is exploring in African countries, such as Mali, Senegal, Cote d’Ivoire and the Democratic Republic of Congo (DRC).

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