Allied Nevada Gold

Allied Nevada (NYSE:ANV) Sells 5,000 Shares of Company

The president and CEO of Allied Nevada Gold Corp. (NYSE:ANV), Scott Andrew, sold 5,00 shares he held in the company for an average price of $26.21. He sold the shares on September 15, 2010.Interestingly, institutional investors have been plowing investment into the gold miner, increasing the amount of shares owned from 69,878,861 shares to 83,606,659 shares over the last three months. That’s just

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Allied Nevada’s (NYSE:ANV) Hycroft Mine Production Profile Larger Than Thought

An updated scoping study of the Hycroft mine of Allied Nevada (NYSE:ANV) found it can support a much larger production facility than the original study indicated. CEO Scott Caldwell said, “This mine is expected to support an operation with a much greater production profile than was originally presented in the April scoping study.” Allied said in August it had a measured and indicated resource

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Allied Nevada (AMEX:ANV), Iamgold (NYSE:IAG), Yamana (NYSE:AUY) Plunge, Along with Gold Price

Gold dropped for the fourth straight week, as investors look elsewhere for safety, albeit, it won’t last too long. Consequently, Allied Nevada Gold (AMEX:ANV), Iamgold (NYSE:IAG) and Yamana Gold (NYSE:AUY) got hit hard Friday, as did most gold miners. One of the worse performers in the sector for the day was Allied Nevada Gold, which plunged almost 7 percent to $17.25, losing $1.24, or 6.71

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Allied Nevada Gold’s (AMEX:ANV) Relentless Upward Run Continues

Allied Nevada Gold (AMEX:ANV) over the last year is up almost 300 percent, and they continue on their upward move, finishing an otherwise lackluster week in a big way.Like most gold miners, they plunged last Monday as traders took their profits from the record-breaking gold prices the week before, and were level through Thursday before the big rebound on Friday, where gold prices were testing

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Allied Nevada Gold’s (AMEX:ANV) Strong Sales

Allied Nevada Gold (AMEX:ANV) had tremendous sales grow over their last fiscal year, leading gold companies when measured in percentages, increasing by 632.2 percent during that time. Sales for the last year have come to $63.5 million for the gold miner, with estimated sales in the next fiscal year expected to reach about $166 million. Allied recently said they’re going to sell 13 million

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Newmont (NYSE:NEM), Hecla (NYSE:HL), Barrick (NYSE:ABX) All Up as Gold Prices Soar

Newmont Mining (NYSE:NEM), Hecla Mining (NYSE:HL) and Barrick Gold (NYSE:ABX) were all up at about the 5 percent mark today, as gold mining shares soared along with gold futures, which ended the day at a record $1,220.30, and after hours has surged to over $1,231.This is good news for gold mining stocks, if they can find support, as they’ve widely lagged the price of gold futures, and if they

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Eldorado Gold (NYSE:EGO), Allied Nevada Gold (AMEX:ANV), Jaguar Mining (NYSE:JAG), Iamgold (NYSE:IAG) All Up over 9 Percent

Gold mining stocks soared today as gold futures broke a new record for closing, reaching $1.220.30 as the session ended. Eldorado Gold (NYSE:EGO), Allied Nevada Gold (AMEX:ANV), Jaguar Mining (NYSE:JAG) and Iamgold (NYSE:IAG) were all up over 9 percent in after hours trading, as growing concerns over the consequences of the approximate $1 trillion being offered to bail out euro-zone countries

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