Newmont Mining Corporation (NYSE:NEM) (“Newmont” or the “Company”) announced that the Company has sold its 5.4 percent equity interest in ASX-listed Paladin Energy Ltd. through a block sale agreement with UBS Australia. The Company’s ownership interest in Paladin was established through its acquisition of Fronteer Gold in 2011. Newmont Mining Corp (NYSE:NEM) stock opened at $24.68 in last session, and closed at $25.01, while the day range of Newmont Mining Corp (NYSE:NEM) stock is $24.59 – $25.12. The stock showed a positive weekly performance of 2.37%.
Yamana Gold Inc. (NYSE:AUY) is a gold producer, engaged in gold production, gold development stage properties, exploration properties and land positions in Brazil, Chile, Argentina, Mexico and Colombia. Yamana Gold Inc. (USA) (NYSE:AUY) stock opened at $10.12 in last session, and closed at $10.25 by gaining 2.40%. The 52 week range of $8.31 – $15.66. Company’s market capitalization is $7.72 billion.
CIBC upgraded shares of Harmony Gold Mining (NYSE:HMY) from an underperform rating to a sector perform rating in a report issued on Tuesday, TheFlyOnTheWall.com reports. Harmony Gold Mining Co. (ADR) (NYSE:HMY) stock increased 3.51% and finished the last session at $3.54. The EPS of the stock remained -0.72. Company’s market capitalization is $1.53 billion.
Eldorado Gold Corp (NYSE:EGO) was downgraded by investment analysts at TheStreet from a “hold” rating to a “sell” rating in a note issued to investors on Friday, AnalystRatingsNetwork.com reports. Eldorado Gold Corp (USA) (NYSE:EGO) stock opened the session at $6.97, and closed the session at $7.15. The 52 week range of the Eldorado Gold Corp (USA) (NYSE:EGO) stock remained $5.35 – $9.85 and the day range was $6.94 – $7.15.