Zacks upgraded shares of Newmont Mining Corp (NYSE:NEM) from an underperform rating to a neutral rating in a research note issued to investors on Monday. The firm currently has $25.00 price target on the stock. Newmont Mining Corp (NYSE:NEM) stock opened today at $23.22 and is currently trading at $22.69. The stock showed a negative weekly performance of -2.46%.
Barrick Gold Corporation (USA) (NYSE:ABX) will begin trading ex-dividend on May 28, 2014. A cash dividend payment of $0.05 per share is scheduled to be paid on June 16, 2014. Shareholders who purchased ABX stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that ABX has paid the same dividend. At the current stock price of $16.52, the dividend yield is 1.21%. Barrick Gold Corporation (USA) (NYSE:ABX) stock opened at $16.36, in current trading session and currently is at $15.96, by losing -3.39%. The 52 week range is $13.43 – $21.68. Company’s market capitalization is $18.59 billion.
On May 22, Kinross Gold Corporation (NYSE:KGC)‘s stock had its “neutral” rating restated by Zacks in a note issued to investors on Tuesday. They currently have a $4.25 price objective on the stock. Zacks‘s price target indicates a potential upside of 7.32% from the stock’s previous close. Kinross Gold Corporation (USA) (NYSE:KGC) stock is currently trading at $3.82. The EPS of the stock is 2.64. Company’s market capitalization is $4.37 billion.
AngloGold Ashanti Limited (ADR) (NYSE:AU) will lay off thousands of workers at its Obuasi gold mine in Ghana and cease underground production for up to 24 months, mining union leaders told Reuters on Friday after talks with the company. AngloGold Ashanti Limited (ADR) (NYSE:AU) stock opened the session at $16.42, and now is at $15.85. The 52 week range of the stock remained $11.14 – $19.53 and the day range was $15.82 – $16.42.
OSISKO MINING CORP (OTCMKTS:OSKFF) a Montreal Quebec-based firm engaged in acquiring, exploring, developing and operating gold properties, announced today that the company mourned the loss of board member, Marcel Cote, who passed away suddenly yesterday. OSISKO MINING CORP (OTCMKTS:OSKFF) stock opened today at $7.33 and is currently trading at $7.28.
Leave a Reply