Aluminum giant, Alcoa Inc. (NYSE:AA) announced that it will cut 147,000 metric tons of smelting capacity at its Sao Luis (Alumar) and Pocos de Caldas smelters in Brazil. Alcoa Inc. (NYSE:AA) shares after opening at $12.52 moved to $12.97 on last trade day and at the end of the day closed at $12.87. Company price to sales ratio in past twelve months was calculated as 0.60 and price to cash ratio as 9.65. Alcoa Inc. (NYSE:AA) showed a positive weekly performance of 7.16%.
Petroleo Brasileiro SA (ADR) (NYSE:PBR), Latin America’s largest company by sales, found no wrongdoing by employees in connection with SBM Offshore NV (SBMO) contracts. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shares fell -0.23% in last trading session and ended the day on $13.15. PBR return on equity ratio is recorded as 7.60% and its return on assets is 3.60%. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) yearly performance is -24.43%.
Canadian miner Kinross Gold Corporation (USA) (NYSE:KGC) on Monday announced the results of a feasibility study that examined the viability of significantly expanding output at its Tasiast mine, in Mauritania, saying that the expected capital cost would be less than what a prefeasibility study estimated last year. Kinross Gold Corporation (USA) (NYSE:KGC) shares moved down -1.66% in last trading session and was closed at $4.14, while trading in range of $4.08 – $4.25. Kinross Gold Corporation (USA) (NYSE:KGC) year to date (YTD) performance is -5.48%.
The U.S. government says Exxon Mobil Corporation (NYSE:XOM) can restart in Texas a segment of an oil pipeline that ruptured in Arkansas a year ago. Exxon Mobil Corporation (NYSE:XOM) weekly performance is 3.21%. On last trading day company shares ended up $97.68. Exxon Mobil Corporation (NYSE:XOM) distance from 50-day simple moving average (SMA50) is 3.64%. Analysts mean target price for the company is $100.28.
Leave a Reply