Yamana Gold Inc. (USA) (NYSE:AUY) announced Daniel Racine has joined the Company’s senior management as Senior Vice President, Canadian Operations and Mine Planning & Development, effective immediately. Mr. Racine most recently held the position of President and Chief Operating Officer for Brigus Gold Corporation (“Brigus”). Prior to that role, Mr. Racine was Senior Vice President Mining at Agnico Eagle Mines Limited (“Agnico”) where he oversaw Agnico’s global mining operations. Yamana Gold Inc. (USA) (NYSE:AUY) net profit margin is -34.80% and weekly performance is -1.19%. On last trading day company shares ended up $7.47. Analysts mean target price for the company is $10.86. Yamana Gold Inc. (USA) (NYSE:AUY) distance from 50-day simple moving average (SMA50) is -6.46%.
On 1 MAY Barrick Gold Corporation (USA) (NYSE:ABX) said it is working on plans to deal with a range of market conditions that could include closing or expanding certain operations and disposing some assets. The company emphasized the importance of five of its biggest mines in the Americas that together produce 65% of its global output and were crucial to the merger plan with Newmont. Barrick Gold Corporation (USA) (NYSE:ABX) shares fell -1.30% in last trading session and ended the day on $15.90. ABX Gross Margin is 39.30% and its return on assets is -28.70%. Barrick Gold Corporation (USA) (NYSE:ABX) quarterly performance is -22.21%.
O n9 MAY Goldcorp Inc. (USA) (NYSE:GG) announced that its Los Filos mine in Guerrero State, Mexico has resumed operations after reaching a new five-year occupancy agreement with the Carrizalillo Ejido. Goldcorp Inc. (USA) (NYSE:GG) shares moved down -2.01% in last trading session and was closed at $22.90, while trading in range of $22.79 – $23.25. Goldcorp Inc. (USA) (NYSE:GG) year to date (YTD) performance is 6.76%.
On 29 MAY Kinross Gold Corporation (USA) (NYSE:KGC) said it is building awareness and interest among youth in earth science. The company resorted to sponsoring of themes that will stimulate interest among the youths. Kinross Gold Corporation (USA) (NYSE:KGC) ended the last trading day at $3.77. Company weekly volatility is calculated as 3.23% and price to cash ratio as 6.10. Kinross Gold Corporation (USA) (NYSE:KGC) showed a negative weekly performance of -4.80%.
On 7 MAY New Gold Inc. (USA) (NYSEMKT:NGD) achieved a record low cost in gold production that also pushed the net cash by 39% for 1Q2014. For 1Q2014, New Gold Inc. (USA) (NYSEMKT: NGD) produced 91.3 K ounces of gold. New Gold produced about 400 K ounces of gold besides producing 1.6 million ounces of silver in FY2013. In 1Q2013, the gold production was 94.6 K ounces. New Gold Inc. (USA) (NYSEMKT: NGD) net profit margin is -29.80%and weekly performance is 3.87%. On last trading day company shares ended up $5.37. Analysts mean target price for the company is $6.72. New Gold Inc. (USA) (NYSEMKT: NGD) distance from 50-day simple moving average (SMA50) is 5.24%.