The Allied Nevada Gold Corp. (NYSEMKT:ANV) On Feb. 24 provided financial and operating results for the year ended December 31, 2013. Adjusted net income in 2013 was $17.2 million (or $0.17 per share). Despite selling record gold and silver ounces in 2013, net income of $1.4 million (or $0.01 per share) was negatively impacted by a lower metal price environment, increased production costs, and significant charges for assets classified as held for sale ($11.7 million), mineral property dispositions ($1.4 million), separation and severance costs ($5.9 million), and a write-down of production inventories ($12.6 million). Allied Nevada Gold Corp. (NYSEMKT:ANV) stock opened today at $6.49 and is currently trading at $6.43. The stock showed a positive weekly performance of 9.47%.
The Vista Gold Corp. (NYSEMKT:VGZ) on 26th February 2014 announced that its agreement with the Northern Territory of Australia (the “Agreement”) for the Mt. Todd gold project has been extended for an additional three-year period to December 2018 . Additionally, the Company provided an update on the EIS permitting process and announced an updated resource estimate for the Quigleys deposit, a satellite deposit to the Mt. Todd gold project. Vista Gold Corp. (NYSEMKT:VGZ) stock opened at $0.72, in current trading session and currently is at $0.697, by gaining 1.50%.The 52 week range of $0.33-$2.34. Company’s market capitalization is $57.33 million.
Coeur Mining (NYSE:CDE) was upgraded by investment analysts at Ned Davis Research from a “sell” rating to a “neutral” rating in a note issued to investors on Monday, American Banking and Market News reports. Coeur Mining Inc (NYSE:CDE) stock is currently trading at $10.84 .The EPS of the stock is -0.25. Company’s market capitalization is $1.14 billion.
Golden Star Resources (GSS) shows some positive signs with its recent earning announcement. The company sold 330,806 ounces of gold during 2013, which is close to the amount in 2012 (331,278 ounces), while its revenues declined by 15% in 2013 due to high volatility in gold prices during the year. Furthermore, it reported a net loss of $311 million due to the huge impairment cost of $355.6 million during the year. Golden Star Resources Ltd. (USA) (NYSEMKT:GSS) stock opened the session at $0.81, and now is at $0.800. The 52 week range of the GSS stock remained $0.39-$1.73 and the day range was $0.80-$0.83.