NEW YORK, NY / ACCESSWIRE / August 11, 2017 / U.S. markets fell for the third consecutive session Thursday amidst growing geopolitical tensions between the U.S. and North Korea. The Dow Jones Industrial Average declined 0.93 percent to close at 21,844.01, while the S&P 500 Index declined 1.45 percent to close at 2,438.21. The NASDAQ Composite Index fell 2.13 percent to close at 6,216.87. All three major indexes posted their worst one day decline since May 17th, according to data from FactSet. This was the first time all three major indexes declined for three consecutive sessions since April 13th, according to WSJ Market Data Group.

"We're through most of the earnings season and the valuations [in the stock market] become a bit problematic when you have something like North Korea come up," said Maris Ogg, President at Tower Bridge Advisors.

RDI Initiates Coverage on:

Goldcorp Inc.
https://ub.rdinvesting.com/news/?ticker=GG

Yamana Gold Inc.
https://ub.rdinvesting.com/news/?ticker=AUY

Goldcorp Inc.'s stock moved 2.44% higher Thursday, to close the day at $13.03. The stock recorded a trading volume of 9,149,752 shares, which was above its three months average volume of 7,078,540 shares. In the last year, Goldcorp Inc.'s shares have traded in a range of 11.91 - 19.35. The stock is currently trading 32.66% below its 52 week high. The company's shares are currently trading below their 200-day moving average. Moreover, the stock's 50-day moving average of $13.10 is below its 200-day moving average of $14.47. Shares of the company are trading at a Price to Earnings ratio of 23.91. Shares of Goldcorp have fallen approximately 4.19 percent year-to-date.

Access RDI's Goldcorp Inc. Research Report at:
https://ub.rdinvesting.com/news/?ticker=GG

On Thursday, shares of Yamana Gold Inc. recorded a trading volume of 12,332,829 shares, which was below the three months average volume of 12,749,800 shares. The stock ended the day 3.91% higher at 2.66. The share price has gained 20.36% from its 52 week low with a 52 week trading range of 2.21 - 5.85.The company's shares are currently trading below their 200-day moving average. Moreover, the stock's 50-day moving average of $2.48 is below its 200-day moving average of $2.76. Shares of Yamana Gold have fallen approximately 5.34 percent year-to-date.

Access RDI's Yamana Gold Inc. Research Report at:
https://ub.rdinvesting.com/news/?ticker=AUY

Our Actionable Research on Goldcorp Inc. (NYSE:GG) and Yamana Gold Inc. (NYSE:AUY) can be downloaded free of charge at Research Driven Investing.

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