Canaccord Genuity upgraded Eldorado Gold Corp (NYSE:EGO) from Hold to Buy with a price target of C$8.50. Analyst Tony Lesiakbelieves its risk/reward profile has become favorable. Eldorado Gold Corp (USA) (NYSE:EGO) shares after opening at $5.98 moved to $6.15 on last trade day and at the end of the day closed at $6.15. Company price to sales ratio in past twelve months was calculated as 3.78 and price to cash ratio as 6.77. Eldorado Gold Corp (USA) (NYSE:EGO) showed a positive weekly performance of 2.58%.
Kinross Gold Corporation (USA)(NYSE:KGC) filed an updated technical report for its Tasiast mine in Mauritania. The technical report incorporates updates with respect to the current Tasiast operations as well as comprehensive detailed supplemental disclosure regarding the recently announced feasibility study results for a Tasiast expansion and a resulting updated mineral resource and mineral reserve estimate. Kinross Gold Corporation (USA) (NYSE:KGC) shares advanced 2.14% in last trading session and ended the day on $4.30. KGC return on equity ratio is recorded as -50.90% and its return on assets is -32.00%. Kinross Gold Corporation (USA) (NYSE:KGC) yearly performance is -39.18%.
Rio Tinto plc (ADR)(NYSE:RIO) has received a lot of positive feedback and comments in press during the last few months. The company has worked very hard to drive their profits higher. They have also focused on improving the cash flow and cash returns to the investors. Rio Tinto plc (ADR) (NYSE:RIO) shares moved up 0.07% in last trading session and was closed at $55.30 while trading in range of $55.22 – $56.55 – Rio Tinto plc (ADR) (NYSE:RIO) year to date (YTD) performance is -0.05%.
ArcelorMittal SA (EPA:MT) was downgraded by investment analysts at Credit Suisse from an “outperform” rating to a “neutral” rating in a note issued to investors on Wednesday, Stock Ratings Network reports. ArcelorMittal SA (ADR) (NYSE:MT) weekly performance is 2.15%. On last trading day company shares ended up $16.16. ArcelorMittal SA (ADR) (NYSE:MT) distance from 50-day simple moving average (SMA50) is 1.05%. Analysts mean target price for the company is $20.27.