New Gold Inc. (USA)(NYSEMKT:NGD) has received an upgrade on the price target. The firm is currently now on ‘hold’ rating, while the target price for the same is at 22.77% higher over previous close. New Gold Inc. (USA) (NYSEMKT:NGD) shares after opening at $5.60 moved to $5.63 on last trade day and at the end of the day closed at $5.52. Company price to sales ratio in past twelve months was calculated as 3.56 and price to cash ratio as 6.70.New Gold Inc. (USA) (NYSEMKT:NGD) showed a negative weekly performance of -13.75%.
Eldorado Gold Corp (NYSE:EGO) shares were the recipient of some significant rise in short interest in January. As of 28 February, there was short-interest that totaled 8,928,428 shares, an increase of 48.2% from the February 14th total of 6,025,497 shares. Currently, 1.2 percent of these shares of the company stock have been short sold. Based on the average daily-trading volume, of the 6,435,686 shares, this short-interest ratio is currently 1.4 days. Recently, numerous analysts have commented on the Eldorado Gold Corp (NYSE:EGO) stock. TheStreet analysts have downgraded Eldorado Gold Corp (NYSE:EGO) shares from a “hold” to a “sell” rating in the research note on 7 March. Eldorado Gold Corp (USA) (NYSE:EGO) shares fell -1.26% in last trading session and ended the day on $6.27. EGO return on equity ratio is recorded as -11.50% and its return on assets is -8.40%. Eldorado Gold Corp (USA) (NYSE:EGO) yearly performance is -34.62%.
AuRico Gold Inc (NYSE:AUQ) announced the pricing of the PO of $315 million aggregate principal-amount of Senior Secured-Second Lien Notes that are due in 2020. These Notes were issued with the coupon of 7.75% & sold at 96.524% at par. They are expected to result in the net proceeds to AuRico Gold Inc (NYSE:AUQ) of approximately $297 million, post deduction of the initial purchasers’ discounts & the estimated offering-expenses that are payable by AuRico Gold Inc (NYSE:AUQ). This offering is expected to be closed on or around 27 March 2014. The company intends to use net proceeds of these Notes to re-purchase the Convertible Notes that are due in 2016. AuRico Gold Inc (NYSE:AUQ) shares moved down -0.22% in last trading session and was closed at $4.51, while trading in range of $4.46-$4.65.AuRico Gold Inc (NYSE:AUQ) year to date performance is 24.59%.
Fortuna Silver Mines (NYSE:FSM) was upgraded by research analysts at Haywood Securities from a “hold” rating to a “buy” rating in a report released on Wednesday, StockRatingsNetwork.com reports. Fortuna Silver Mines Inc. (NYSE:FSM) weekly performance is -18.78%. On last trading day company shares ended up $3.85.Fortuna Silver Mines Inc. (NYSE:FSM) distance from 50-day simple moving average is -3.28%. Analysts mean target price for the company is $4.82.