Tag: AEM

  • Bears are on: Pinnacle Foods Inc. (NYSE:PF), NovaGold Resources (NYSEMKT:NG), AngloGold Ashanti Limited (NYSE:AU), Frontline Ltd (NYSE:FRO), Agnico Eagle Mines Ltd (NYSE:AEM)

    Pinnacle Foods (NYSE:PF) shares are falling hard, down -5.8 on Tuesday following news that rival Pilgrim’s Pride (PPC) has proposed a takeover bid for Hillshire Brands (HSH) for $6.4 billion. Pinnacle Foods Inc. (NYSE:PF) net profit margin is 4.20% and weekly performance is -8.81%. On last trading day company shares ended up $31.48. Analysts mean target price for the company is $34.78. Pinnacle Foods Inc. (NYSE:PF) distance from 50-day simple moving average (SMA50) is 3.16%.

    NOVAGOLD RESOURCES INC. (NYSE MKT:NG) will hold the Company’s 2014 Annual and Special Meeting of Shareholders on Thursday, June 5 at 3:00 pm PT (6:00 pm ET) at The Metropolitan Hotel (645 Howe Street, Vancouver, British Columbia) in the Connaught Room. NovaGold Resources Inc. (USA) (NYSEMKT:NG) shares fell -7.55% in last trading session and ended the day on $2.94. NG return on assets is -17.60%.NovaGold Resources Inc. (USA) (NYSEMKT:NG) quarterly performance is -19.01%.

    AngloGold Ashanti Limited (NYSE:AU) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued to investors on Thursday. They currently have a $21.20 price target on the stock. Zacks‘s price objective would indicate a potential upside of 25.67% from the company’s current price. AngloGold Ashanti Limited (ADR) (NYSE:AU) shares moved down -6.40% in last trading session and was closed at $15.79, while trading in range of $15.58 – $16.42. AngloGold Ashanti Limited (ADR) (NYSE:AU) year to date (YTD) performance is 34.73%.

    Frontline Ltd (NYSE:FRO) reports a net loss attributable to the Company of $12.1 million for the first quarter of 2014, equivalent to a loss per share of $0.13. Frontline Ltd (NYSE:FRO) ended the last trading day at $2.39. Company weekly volatility is calculated as 6.07% and price to cash ratio as 3.88.Frontline Ltd (NYSE:FRO) showed a negative weekly performance of -17.59%.

    Consider Agnico Eagle Mines Limited (NYSE:AEM), a firm in the gold mining space which could be a great candidate for another beat. This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. In fact, in these reports, AEM has beaten estimates at least 20.0% in both cases, suggesting it has a nice short-term history of crushing expectations. Agnico Eagle Mines Ltd (USA) (NYSE:AEM) net profit margin is -18.80% and weekly performance is -7.02%. On last trading day company shares ended up $30.22. Analysts mean target price for the company is $35.92. Agnico Eagle Mines Ltd (USA) (NYSE:AEM) distance from 50-day simple moving average (SMA50) is -3.00%.