Research detail

20.11 2012 12:49:28

Nordgold: golden prospects

by Andrey Shenk

On Friday, November 16, Nordgold delivered a financial report for the first nine months of 2012, drawn up in accordance with IFRS. The reporting reflects bullish trends in the gold market, in particular, resurgent demand and prices for gold. The moderately positive results are likely to trigger a positive reaction from investors, which should fuel growth in the company's share price on the London Stock Exchange.