The Securities Arbitration Law Firm of Klayman & Toskes, P.A., , together with Carlo Law Offices, P.S.C. located in Puerto Rico, announced that they filed a claim against Santander Securities (“Santander”), a part of Banco Santander, S.A. (ADR) (NYSE:SAN), on behalf of a retired Puerto Rico resident. The claim, filed with FINRA’s arbitration department, seeks to recover damages sustained in Puerto Rico bonds, as well Santander’s proprietary “First Puerto Rico” funds. Banco Santander, S.A. (ADR) (NYSE:SAN) stock opened at $8.81 in last trading session, and closed at $8.87, trading in the range of $8.76 – $8.91. The stock showed a negative weekly performance of -3.27%.
McEwen Mining Inc (NYSE:MUX) was gaining 3.1% to $3.62 Friday after the miner updated its reserve and resource estimates at its San Jose mine in Argentina. The company reported that proven and probable gold and silver reserves both rose 12% from the year-ago period to 409,400 ounces of glad and 30.1 million ounces of silver contained in 1.8 million tons. McEwen said gold grades increased by 9% to 7.03 gpt while silver grade increased 10% to 515 gpt. McEwen calculated its reserve and resource estimates using $1,2000 per ounce gold and $20 per ounce silver. McEwen Mining Inc (NYSE:MUX) shares closed at $3.56 on last trade day, by gaining 1.42%. Stock 52 week range is $1.63 – $3.74. Company’s market capitalization is $1.06 billion.
Investors certainly have to be happy with BPZ Resources Inc (NYSE:BPZ) and its short term performance. After all, the stock has jumped by 33.3% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well. The stock actually has a Zacks Rank #2(Buy), so the recent move higher for this spotlighted company may definitely continue over the next few weeks. BPZ Resources Inc (NYSE:BPZ) stock advanced 4.21% and finished the last session at $2.97. The EPS of the stock remained -0.50. Company’s market capitalization is $352.26 million.
EPL Oil & Gas (NYSE:EPL) was downgraded by investment analysts at Johnson Rice from an “overweight” rating to an “equal weight” rating in a note issued to investors on Thursday, American Banking and Market News reports. EPL Oil & Gas Inc (NYSE:EPL) stock opened at $37.91 in last trading session and closed at $38.05. The 52 week range of the stock is $25.00 – $42.64 and the day range was $37.70 – $38.11.