Rio Tinto plc (ADR) (NYSE:RIO)’s stock had its “overweight” rating reiterated by equities researchers at JPMorgan Chase & Co. Rio Tinto plc (ADR) (NYSE:RIO) net profit margin is 1.20% and weekly performance is 3.66%. On last trading day company shares ended up $56.38. Analysts mean target price for the company is $62.18. Rio Tinto plc (ADR) (NYSE:RIO) distance from 50-day simple moving average (SMA50) is 3.46%.
Harmony Gold Mining Co. (ADR) (NYSE:HMY) South Africa’s third-largest producer of the metal, said it’s monitoring a potential merger between Barrick Gold Corp. and Newmont Mining Corp. for opportunities to buy discarded assets. Harmony Gold Mining Co. (ADR) (NYSE:HMY) shares advanced 2.99% in last trading session and ended the day on $3.10. HMY gross Margin is 5.50% and its return on assets is -9.10%.Harmony Gold Mining Co. (ADR) (NYSE:HMY) quarterly performance is 9.54%.
BHP Billiton Limited (ADR) (NYSE:BHP) said that a possible tugboat worker strike at Australia’s biggest iron ore port might cost exporters $94M per day in lost sales, according to The Wall Street Journal, citing a statement from a company spokeswoman. BHP Billiton Limited (ADR) (NYSE:BHP) shares moved up 1.80% in last trading session and was closed at $70.76, while trading in range of $70.51 – $71.00. BHP Billiton Limited (ADR) (NYSE:BHP) year to date (YTD) performance is 5.56%.
ArcelorMittal SA (ADR) (NYSE:MT) has beaten its closest competitor by more than 200% the size by output. ArcelorMittal posted a core profit of $1.75 billion in the first quarter of this financial year against $1.57 billion for the same period last year. These results were largely in line with the estimates supported by robust numbers in Europe and Brazil. The company sees some weakness in the weather hit U.S. and in its mining business where the company is trying to enhance its output of iron ore. ArcelorMittal SA (ADR) (NYSE:MT) ended the last trading day at $15.92. Company weekly volatility is calculated as 1.73% and price to cash ratio as 4.30.ArcelorMittal SA (ADR) (NYSE:MT) showed a negative weekly performance of -0.87%.
Randgold Resources Ltd (ADR) (NASDAQ:GOLD) which mines gold in three African countries, reported a 14 percent rise in first-quarter profit as higher output more than compensated for a drop in gold prices. Randgold, which has mines in Mali, Ivory Coast and the Democratic Republic of Congo, said profit from mining for the quarter ended March 31 rose to $171.0 million from $150.4 million a year earlier. Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) shares advanced 1.32% in last trading session and ended the day on $77.50. GOLD gross Margin is 51.60% and its return on assets is 8.70%.Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) quarterly performance is 4.63%.