On May 23, 2014, Goldcorp Inc. (USA) (NYSE:GG)’s decision to drop its C$3.2 billion ($2.9 billion) hostile bid for Osisko Mining Corp. (OSK) in the face of a rival offer shows the industry has found new discipline after years of value-destroying deals, BlackRock Inc. (BLK)’s Catherine Raw said. Goldcorp Inc. (USA) (NYSE:GG), net profit margin is -72.10% and weekly performance is -3.99%. On last trading day company shares ended up $23.56. Analysts mean target price for the company is $30.10. Goldcorp Inc. (USA) (NYSE:GG), distance from 50-day simple moving average (SMA50) is -5.71%.
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), fell 3.08% in last trading session and ended the day on $22.68. NEM, Gross Margin is 33.90% and its return on assets is -10.40%. Newmont Mining Corp (NYSE:NEM), quarterly performance is -3.90%.
Kinross Gold Corporation (USA) (NYSE:KGC)’s shares dropped 3.54% to $4.01. The company on May 9 has announced the detailed voting results of the election of its Board of Directors, which took place at the Company’s Annual and Special Meeting of Shareholders held in Toronto on May 8, 2014. The nominees listed in the management proxy circular dated March 26, 2014, were elected as directors of Kinross at the meeting. Kinross Gold Corporation (USA) (NYSE:KGC), shares moved down -3.54% in last trading session and was closed at $3.82, while trading in range of $3.78 – 3.93. Kinross Gold Corporation (USA) (NYSE:KGC), year to date (YTD) performance is -12.79%.
Barrick Gold Corporation (USA) (NYSE:ABX), will all trade ex-dividend for their respective upcoming dividends. Barrick Gold Corporation (USA) (NYSE:ABX), ended the last trading day at $15.94. Company weekly volatility is calculated as 2.14% and price to cash ratio as 6.95. Barrick Gold Corporation (USA) (NYSE:ABX), showed a negative weekly performance of 3.74%.
On May 26, 2014, The board of directors of Hypermarcas SA, the largest Brazilian maker of generic drugs and personal care products, approved a credit line of up to 620 million reais ($281.8 million) with state-run BANCO DO BRASIL SA (OTCMKTS:BDORY), according to a filing. BANCO DO BRASIL SA (OTCMKTS:BDORY), on last trading day company shares ended up $10.05.
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