Yamana Gold (NYSE:AUY) was upgraded by equities researchers at Macquarie from a “neutral” rating to an “outperform” rating in a research report issued on Thursday, AnalystRatingsNetwork reports. Yamana Gold Inc. (USA) (NYSE:AUY) stock opened today at $7.55 and is currently trading at $7.51. The stock showed a positive weekly performance of 3.57%.
Halcon Resources Corp (NYSE:HK) has come out to clear the air over its financial health. Though the company has debt that exceeds its market cap, it is not worried at all about its ability to undertake future investments. Halcon Resources Corp (NYSE:HK) saw its cash reserve drop to about $0.37 million in the most recent quarter down from $2.83 million in the previous quarter. However, the company has a credit facility that when combined its cash reserve brings the available funds for TMS project to $452 million. Halcon Resources Corp (NYSE:HK) stock opened at $5.90, in current trading session and currently is at $5.72, by losing -3.05%. The 52 week range of $3.16 – $6.75. Company’s market capitalization is 2.41 billion.
Uranerz Energy Corporation (NYSE:UEC) Uranerz Energy Corporation is a U.S. mining company that commenced in-situ recovery (“ISR”) uranium mining operations on April 15, 2014 at its first ISR mine in the Powder River Basin of Wyoming. The Uranerz management team has specialized expertise in the ISR uranium mining method, and has a successful track record of licensing, constructing, and operating ISR uranium projects. Uranerz has a processing agreement with Cameco, the world’s largest public uranium company and has entered into long-term uranium sales contracts for a portion of its planned production with two of the largest nuclear utilities in the U.S., including Exelon. Uranium Energy Corp. (NYSEMKT:UEC) stock is currently trading at $1.46. The EPS of the stock is -0.25. Company’s market capitalization is 131.18 million.
Jeff Wood, senior vice president and CFO of Eagle Rock Energy Partners LP (NASDAQ:EROC), will resign effective May 30, 2014 to pursue other opportunities. Upon his departure, Eagle Rock intends to appoint as CFO, on an interim basis, Robert M. Haines, who currently serves as vice president – upstream controller. Eagle Rock Energy Partners, L.P. (NASDAQ:EROC) stock opened the session at $4.15, and now is at $4.15. The 52 week range of the Eagle Rock Energy Partners, L.P. (NASDAQ:EROC) stock remained $3.97 – $8.99 and the day range was $4.10 – $4.21.
Triangle Petroleum Corporation (NYSEMKT:TPLM) announces today that Triangle USA Petroleum Corporation (“TUSA”), the Company’s wholly-owned E&P subsidiary, has entered into two separate definitive agreements to acquire Williston Basin properties (“Acquisitions”), and received bank commitments for 100% financing of the acquisitions, including a new senior secured second lien term loan facility (“Second Lien”). Triangle Petroleum Corporation (NYSEMKT:TPLM) stock opened today at $9.35 and is currently trading at $9.45. The stock showed a negative weekly performance of -1.17%.