Stocks to Watch: AngloGold Ashanti Limited, Gold Fields Limited, Sanchez Energy Corp, Iconix Brand Group

Lakeway, NY -- (SBWIRE) -- 03/22/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

AngloGold Ashanti Limited (ADR) (NYSE:AU) moved up 2.0% and closed at $24.45. The 52-week range for the stock is $23.08 and $38.75. The Company has Price/Sales ratio of 148.72 and Price/Book ratio of 171.78. The 50-Day Moving Average and 200-Day Moving Average prices is $25.99 and $30.45 respectively. AngloGold Ashanti Limited is a gold mining company with a portfolio of assets and differing orebody types in key gold producing regions. The Company also produces silver, uranium oxide and sulfuric acid as by-products.

Get Latest News, Updates on AU Here

Gold Fields Limited (ADR) (NYSE:GFI) increased 1.99% and closed at $8.20. Recently, the Company announced the appointment of three new senior executives to the company's Executive Committee. Kgabo Moabelo has been promoted to Gold Fields' Managing Executive, South Africa. Lee-Ann Samuel will become Gold Fields' Senior Vice-President, Human Resources and previously headed the company's Remuneration and Employee Benefits portfolio. Ernesto Balarezo has joined the company as Executive Vice-President for South America, to replace Juan-Luis Kruger.

Is GFI a Strong Buying Opportunity After The Recent Gain? Find out Here

Sanchez Energy Corp (NYSE:SN) surged up 1.99% and closed at $19.50. The Company will buy South Texas Eagle Ford shale properties and acreage from Hess Corp. for $265 million cash. Sanchez Energy will run a single rig on the liquids-rich spread while it assesses the full potential. It will focus on Eagle Ford development initially but noted that other operators are pursuing the Buda limestone and Pearsall shale that may provide Sanchez Energy with potential growth opportunities.

Is SN Signaling a Buy After The Solid gain? Don’t Miss Out Free Trend Analysis Here

Iconix Brand Group Inc. (NASDAQ:ICON) augmented 1.90% and closed at $25.26. The Company has priced its 1.50% convertible senior subordinated notes, which were issued last week. However, Iconix has increased the size of the private offering to $350 million from $325 million. The company expects net proceeds of about $342 million from the private offering.

Is ICON a Strong Buying Opportunity After The Recent Surge? Get Free Trend Analysis Here

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