Yamana Gold Inc. (TSE:YRI) (NYSE:AUY) Agnico Eagle Mines Limited (NYSE:AEM) and Osisko Mining Corporation (TSE:OSK) are pleased to announce that they have entered into an agreement pursuant to which Yamana and Agnico Eagle will jointly acquire 100% of Osisko’s issued and outstanding common shares for a total consideration of approximately C$3.9 billion or C$8.15 per share. Yamana Gold Inc. (USA) (NYSE:AUY) shares after opening at $8.38 moved to $8.40 on last trade day and at the end of the day closed at $8.02. Company price to sales ratio in past twelve months was calculated as 3.29 and price to cash ratio as 22.95. Yamana Gold Inc. (USA) (NYSE:AUY) showed a negative weekly performance of -9.17%.
Lucas Energy Inc. (NYSE:LEI) detailed a $2 million equity offering April 16. Pursuant to an agreement with Ironman Energy Master Fund and John B. Helmers of Long Focus Capital Management, Lucas Energy will sell 3,333,332 common units priced at 60 cents each, the company said. Lucas Energy, Inc. (NYSEMKT:LEI) shares fell -3.27% in last trading session and ended the day on $0.648. LEI return on equity ratio is recorded as -18.50% and its return on assets is -12.70%. Lucas Energy, Inc. (NYSEMKT:LEI) yearly performance is -45.53%.
Zacks upgraded shares of Marrone Bio Innovations (NASDAQ:MBII) from a sell rating to a hold rating in a research note released on Friday morning, AnalystRatingsNetwork.com reports. Marrone Bio Innovations Inc. (NASDAQ:MBII) shares moved down -2.46% in last trading session and was closed at $11.91, while trading in range of $11.51 – $12.40. Marrone Bio Innovations Inc. (NASDAQ:MBII) year to date (YTD) performance is -33.01%.
Novacopper (NYSEMKT:NCQ) had its price target upped by RBC Capital from C$3.00 to C$3.60 in a research note issued to investors on Wednesday, AnalystRatings.NET reports. The firm currently has an outperform rating on the stock. Novacopper Inc. (NYSEMKT:NCQ) weekly performance is -7.87%. On last trading day company shares ended up $1.17. Novacopper Inc. (NYSEMKT:NCQ) distance from 50-day simple moving average (SMA50) is -11.35%. Analysts mean target price for the company is $3.31.