Tag: BIOF

  • Basic Material Gainers: Hercules Offshore (NASDAQ:HERO), Agnico Eagle Mines (NYSE:AEM), McEwen Mining (NYSE:MUX), BioFuel Energy (NASDAQ:BIOF)

    Hercules Offshore, Inc. (NASDAQ:HERO) reported income from continuing operations of $19.9 million, or $0.12 per diluted share, on revenue of $256.7 million for the first quarter 2014, compared to income from continuing operations of $40.3 million, or $0.25 per diluted share, on revenue of $186.2 million for the first quarter 2013.Hercules Offshore, Inc. (NASDAQ:HERO) shares after opening at $4.38 moved to $4.63 on last trade day and at the end of the day closed at $4.61 . Company price to sales ratio in past twelve months was calculated as 0.86 and price to cash ratio as 3.73. Hercules Offshore, Inc. (NASDAQ:HERO) showed a positive weekly performance of 2.22%.

    Agnico Eagle Mines Limited(NYSE:AEM) announced that the thirteen nominees listed in the management information circular, dated March 11, 2014, were elected as directors of Agnico Eagle. Agnico Eagle Mines Ltd (USA) (NYSE:AEM) shares advanced 9.19% in last trading session and ended the day on $32.31. AEM return on equity ratio is recorded as -12.20% and its return on assets is -7.80%. Agnico Eagle Mines Ltd (USA) (NYSE:AEM) yearly performance is 3.56%.

    McEwen Mining Inc. (NYSE:MUX) is pleased to announce production results for Q1 2014. The Company’s total production for Q1 was 32,146 gold eq. oz(1)(2) comprised of 20,062 gold oz and 725,025 silver oz. This represents an approximate increase of 14% compared to Q1, 2013. McEwen Mining Inc (NYSE:MUX) shares moved up 7.73% in last trading session and was closed at $2.37 while trading in range of $2.21 – $2.38 – McEwen Mining Inc (NYSE:MUX) year to date (YTD) performance is 20.92%.

    BioFuel Energy Corp. (NASDAQ:BIOF) tumbled -15.41% after two studies revealed results that called the industry into question as a viable way to combat climate change. A University of Nebraska-Lincoln study found that corn stover, or the leftovers after corn is harvested, might actually be worse than gasoline in terms of carbon emissions. The Intergovernmental Panel on Climate Change (IPCC), the United Nations’ environmental agency, also reported that raising crops to use for fuel could endanger ecosystems, biodiversity and water supplies. BioFuel Energy Corp. (NASDAQ:BIOF) weekly performance is -9.01%. On last trading day company shares ended up $7.88. BioFuel Energy Corp. (NASDAQ:BIOF) distance from 50-day simple moving average (SMA50) is 66.06%. Analysts mean target price for the company is $0.60.