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Randgold Resources (GOLD) Rose To A 1-Month High On Q4 Results

Randgold Resources (GOLD) reported fourth quarter EPS of $1.31 Monday morning, down from the restated $1.32 in the prior-year quarter. The consensus estimate was for EPS of $1.32. Total revenues climbed to $381.6 million from $311.47 million last year. The Company's Board has proposed to increase the annual dividend by 25 percent to 50 cents per share.

Randgold Resources gapped open higher Monday, but traded in a range throughout the session. The stock closed up by 2.74 at $98.39 and set a one-month high.

by RTTNews Staff Writer

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