Rio Narcea Gold Mines, Ltd. (RNG.TO) Buy,…

Rio Narcea Gold Mines, Ltd. (RNG.TO)

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0 watching

DON'T BUY

Lundin (LUN-T) is acquiring this company. Not sure it's worth buying in order to get into Lundin. He likes Lundin and with just buy their stock.

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WAIT

Always dislike this company until 9-10 months ago. Had a history of missing production and over promised/under delivered. Have changed their style. Would like a couple of more quarters to prove they have really turn things around.

DON'T BUY

This has been a troubled company. They were operating a few gold mines in Spain which were technically giving them a lot of trouble and nearing the end of their mine life. Then they made a nickel discovery. Had some startup problems, but think they'll work their way through that. Management has disappointed on many fronts.

WAIT

A Spanish gold and nickel producer. Just made a small gold acquisition last year. In a good position. Regulatory environment in Spain is pretty difficult and they just got approval foir their Spanish property. Would like to see a ramp-up of their production before buying.

TRADE

Are trading on a contract basis. Shipping over to spain. They can recover their opportunity lose. Nickel stock more than gold.

WEAK BUY

Besides being a significant producer of gold in Spain, they are developing a nickel mine. Are going to have to start moving from open pit mines to underground. Prefers others.

HOLD

Good properties in Spain.

WAIT

Has a lot of debt, but has support of Spanish government.

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Rio Narcea Gold Mines, Ltd. (RNG.TO) Frequently Asked Questions

What is Rio Narcea Gold Mines, Ltd. stock symbol?

Rio Narcea Gold Mines, Ltd. is a OTC stock, trading under the symbol RNG.TO (previously RNG-T on Stockchase) on the undefined (undefined). It is usually referred to as or RNG.TO

Is Rio Narcea Gold Mines, Ltd. a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on RNG.TO (previously RNG-T on Stockchase) on Stockchase. Read the latest expert commentary for Rio Narcea Gold Mines, Ltd..

Is Rio Narcea Gold Mines, Ltd. a good investment or a top pick?

Rio Narcea Gold Mines, Ltd. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Rio Narcea Gold Mines, Ltd..

Why is Rio Narcea Gold Mines, Ltd. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Rio Narcea Gold Mines, Ltd..

Is Rio Narcea Gold Mines, Ltd. worth watching?

Rio Narcea Gold Mines, Ltd. is covered by Stockchase experts and is worth watching.

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RN Croft Financial Group

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Stan Wong

Private Wealth Management, ScotiaMcleod

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Rio Narcea Gold Mines, Ltd. (RNG.TO)