WSP Holdings Limited (ADR) (NYSE:WH) announced that it has agreed jointly with Wuxi Heavy Industries, Ltd. (“Parent”), WHI Acquisitions, Ltd. (“Merger Sub”) and General Transactions, Inc. to terminate the previously announced merger agreement in view that the going private transaction would not be completed by May 31, 2014, the termination date of the merger agreement. The parties have released each other from all liabilities and obligations with respect to the proposed transaction, and no termination fees will be payable by either party. WSP Holdings Limited (ADR) (NYSE:WH) weekly performance is -35.05%. On last trading day company shares ended up $1.39. Analysts mean target price for the company is $3.00. WSP Holdings Limited (ADR) (NYSE:WH) distance from 50-day simple moving average (SMA50) is -46.46%.
On May 19, Zacks upgraded shares of Drdgold Limited (ADR) (NYSE:DRD) from an underperform rating to a neutral rating in a report issued on Friday. They currently have $2.90 target price on the stock. DRDGOLD Ltd. (ADR) (NYSE:DRD) shares fell -4.23% in last trading session and ended the day on $2.49. Gross Margin is 20.80% and its return on assets is -1.20 %. DRDGOLD Ltd. (ADR) (NYSE:DRD) quarterly performance is -33.78%.
On May 28, Alamos Gold Inc (NYSE:AGI) reported that it has reached an agreement to acquire the surface rights for the Cerro Pelon and La Yaqui satellite deposits at its Mulatos mine allowing for the start of permitting and development activities. Closing of the agreement is subject to completion of due diligence and other customary closing conditions and is scheduled for the end of June 2014. Alamos Gold Inc (NYSE:AGI) was closed at $8.27, while trading in range of $8.00 – $8.31. Alamos Gold Inc (NYSE:AGI) year to date (YTD) performance is -31.08%.
On May 19, Research analysts at CIBC set a $0.60 price target on shares of Banro Corporation (NYSE:BAA) stock in a report released on Thursday. CIBC’s target price would suggest a potential upside of 39.53% from the stock’s previous close. Banro Corporation (USA) (NYSEMKT:BAA) ended the last trading day at $0.412. Company weekly volatility is calculated as 3.92% and price to cash ratio as 23.21. Banro Corporation (USA) (NYSEMKT:BAA) showed a negative weekly performance of -6.30%.
On May 12, Zacks reissued their neutral rating on shares of Natural Resource Partners LP (NYSE:NRP) in a research note released on Friday morning, Analyst Ratings Network reports. They currently have a $16.00 target price on the stock. Natural Resource Partners LP (NYSE:NRP) net profit margin is 44.70% and weekly performance is -7.39%. On last trading day company shares ended up $14.17. Analysts mean target price for the company is $17.17. Natural Resource Partners LP (NYSE:NRP) distance from 50-day simple moving average (SMA50) is -9.17%.