GOLDCORP INC. (USA) (NYSE:GG) is pleased to declare its fifth monthly dividend payment for 2014 of $0.05 per share. Shareholders of record at the close of business on Thursday, May 15, 2014 will be entitled to receive payment of this dividend on Friday, May 23, 2014. Goldcorp has paid a monthly dividend to its shareholders since 2003. Canadian resident individuals who receive dividends from Goldcorp after 2005 are entitled to an enhanced gross-up and dividend tax credit on such dividends. Goldcorp Inc. (USA) (NYSE:GG) weekly performance is -0.85%. On last trading day company shares ended up $24.59. Analysts mean target price for the company is $30.09. Goldcorp Inc. (USA) (NYSE:GG) distance from 50-day simple moving average (SMA50) is -2.87%.
Gov. Nathan Deal has announced that Japan-based HOLDINGS CO. (OTCMKTS:OTSKY) will establish its North American headquarters at Georgia’s first eco-friendly park, creating 32 jobs. OTSUKA HOLDINGS CO. (OTCMKTS:OTSKY) shares fell -2.67% in last trading session and ended the day on $14.21 .
Analysts at Dundee Securities boosted their price objective on shares of Osisko Mining Corp. (OTCMKTS:OSKFF) to C$8.00 in a research report issued to clients and investors on Friday, Analyst Ratings Net reports. The firm currently has a “neutral” rating on the stock. Dundee Securities’ price objective would suggest a potential downside of 0.87% from the stock’s previous close. OSISKO MINING CORP (OTCMKTS:OSKFF) shares moved up 0.23% in last trading session and was closed at $7.39 , while trading in range of $7.36 – $7.40.
As part of its continued portfolio optimization actions, gold miner Newmont Mining Corp (NYSE:NEM) has cut a deal to divest its Jundee underground gold mine in Australia to Northern Star Resources for roughly $91 million, consisting of around $77 million of cash and $14 million for working capital. Newmont Mining Corp (NYSE:NEM) ended the last trading day at $23.99. Company weekly volatility is calculated as 1.74% and price to cash ratio as 7.68. Newmont Mining Corp (NYSE:NEM) showed a negative weekly performance of -0.12%.
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. Mr. Racine joined Agnico in 1988 as a junior mining engineer and over his tenure progressively took on more responsibility including positions as Mine Manager at Laronde, Vice President Operations and Senior Vice President Operations. Mr. Racine has over 25 years of experience in the Canadian mining industry with extensive experience in Québec. Yamana Gold Inc. (USA) (NYSE:AUY) net profit margin is -34.80% and weekly performance is 2.77%. On last trading day company shares ended up $7.42. Analysts mean target price for the company is $11.15. Yamana Gold Inc. (USA) (NYSE:AUY) distance from 50-day simple moving average (SMA50) is -12.98%.