Alexco Resource Corp. (NYSEMKT:AXU) was upgraded by Cormark from a “reduce” rating to a “speculative buy” rating in a research note issued on Wednesday. Alexco Resource Corp. (USA) (NYSEMKT:AXU) weekly performance is 29.63%. On last trading day company shares ended up $1.40. Analysts mean target price for the company is $1.84. Alexco Resource Corp. (USA) (NYSEMKT:AXU) distance from 50-day simple moving average (SMA50) is 14.03%.
On May 21, 2014, the NovaCopper Inc. (NYSEMKT:NCQ) held its 2014 Annual Meeting of shareholders (the “Annual Meeting”) at the offices of Blake, Cassels & Graydon LLP in Vancouver, British Columbia, Canada. At the Annual Meeting, the Company’s shareholders approved each of the following proposals set forth in the Company’s Definitive Proxy Statement on Schedule 14A, which was filed with the Securities and Exchange Commission on March 27, 2014 (the “2014 Proxy Statement”). Novacopper Inc. (NYSEMKT:NCQ) shares advanced 13.01% in last trading session and ended the day on $1.13. Novacopper Inc. (NYSEMKT:NCQ) quarterly performance is -18.12%.
On June 19, 2014, the Annual Meeting of Lightbridge Corp (NASDAQ:LTBR) Stockholders was held in Washington, DC. At the meeting, the Company’s stockholders re-elected each of the five existing directors to serve as a director of the Company until the 2015 annual meeting of stockholders, or until a successor is duly elected and qualified; ratified the selection of Anderson Bradshaw PLLC as Lightbridge Corporation’s independent registered public accounting firm for the year ending December 31, 2014; and approved, on an advisory basis, Lightbridge Corporation’s executive compensation as described in Lightbridge Corporation’s proxy statement dated April 25, 2014.
Lightbridge Corp (NASDAQ:LTBR) shares moved up 6.23% in last trading session and was closed at $2.73, while trading in range of $2.59 – $2.87. Lightbridge Corp (NASDAQ:LTBR) year to date (YTD) performance is 88.28%.
On 18 June Mines Management Inc. (NYSEMKT:MGN) released a statement aimed at dispersing accurate information about recent federal and state court rulings regarding its Montana-based Montanore silver-copper project. Mines Management, Inc. (NYSEMKT:MGN) ended the last trading day at $1.15. Company weekly volatility is calculated as 7.32% and price to cash ratio as 7.14.Mines Management, Inc. (NYSEMKT:MGN) showed a positive weekly performance of 19.79%.
United States Antimony Corporation (NYSEMKT:UAMY) announced on 8 may, For the first quarter of 2014, we incurred a loss of $358,170 compared to a loss of $408,825 during the same quarter of 2013. The loss in 2014 was primarily due to the decline in the price of antimony metal from $5.65 during quarter 1 of 2013 to $4.85 in 2014, a decrease of $.80 per lb (15%). The $358,170 loss in the first quarter of 2014 was after non-cash expenses of $185,462 for depreciation and amortization. United States Antimony Corporation (NYSEMKT:UAMY) net profit margin is -19.10% and weekly performance is -1.69%. On last trading day company shares ended up $1.75. Analysts mean target price for the company is $3.00. United States Antimony Corporation (NYSEMKT:UAMY) distance from 50-day simple moving average (SMA50) is -3.97%.
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