Thompson Creek Metals Company Inc (USA) (NYSE:TC) rose 12.02% yesterday, extending gains after BofA/Merrill Lynch upgraded the stock from Underperform to Buy, saying that the company is not going away and is likely to generate EBITDA greater than the current market cap in 2015. Thompson Creek Metals Company Inc (USA) (NYSE:TC) stock opened at $3.04 in last session, and closed at $2.96, while the day range of stock is $2.93 – $3.04. The stock showed a positive/negative weekly performance of 34.55%.
Rio Alto Mining Ltd (NYSE:RIOM) is inching closer to producing copper from its La Arena project in northern Peru, with a recent environmental approval for an 18,000-tonne-per-day, open-pit sulphide operation. Rio Alto Mining Ltd (NYSE:RIOM) stock opened at $2.08, in last session and closed at $2.20, by gaining 8.91%. The 52 week range of the stock is $1.26 – $5.65. Company’s market capitalization is $357.03 billion.
After this rally in gold prices, Rubicon Minerals Corp. (USA) (NYSEMKT:RBY) and Timmins Gold Corp were the biggest gainers in the industry as each rose above 10%. Rubicon Minerals Corp. (USA) (NYSEMKT:RBY) stock advanced 3.85% and finished the last session at $1.08. The EPS of the stock remained -0.03. Company’s market capitalization is $311.92 billion.
Zacks upgraded shares of AuRico Gold Inc (NYSE:AUQ) from an underperform rating to a neutral rating in a report released on Wednesday, Stock Ratings Network.com reports. Zackscurrently has $4.40 price objective on the stock. AuRico Gold Inc (NYSE:AUQ) stock opened the session at $4.54, and closed the session at $4.83. The 52 week range of the stock remained $3.33 – $8.05 and the day range was $4.52 – $4.90.