Tag: Silver Standard Resources

  • Basic Material Stocks Touching New Highs: McEwen Mining (NYSE:MUX), Phillips 66 (NYSE:PSX), Statoil ASA (NYSE:STO), Silver Standard Resources (NASDAQ:SSRI)

    McEwen Mining Inc. (NYSE:MUX) is pleased to announce an updated mineral reserve and resource estimate for the San Jose mine (49% owned by McEwen Mining), located in Santa Cruz province, Argentina. McEwen Mining Inc. (NYSE:MUX) stock opened at $3.39 in last session, and closed at $3.51, while the day range of McEwen Mining Inc. (NYSE:MUX) stock is $3.33 – $3.54. The stock showed a positive weekly performance of 15.08%.

    As previously announced, on December 30, 2013, Phillips 66 (NYSE:PSX) entered into an agreement pursuant to which Phillips 66 agreed to exchange all of its common stock in Phillips Specialty Products Inc. for shares of Phillips 66 common stock owned by certain subsidiaries of Berkshire Hathaway Inc. Phillips 66 (NYSE:PSX) stock opened at $80.07 in last session, and closed at $78.14 by losing -2.33%. The 52 week range of $54.80 – $80.39. Company’s market capitalization is $46.77 billion.

    Statoil ASA (ADR) (NYSE:STO) was downgraded by Swedbank from a “buy” rating to a “neutral” rating in a research note issued on Thursday, Analyst Ratings Network.com reports. Statoil ASA (ADR) (NYSE:STO) stock increased 0.07% and finished the last session at $27.14. The EPS of the stock remained 2.00. Company’s market capitalization is $86.31 billion.

    Silver Standard Resources Inc. (USA) (NASDAQ:SSRI) reports consolidated financial results for the 4th quarter and year ended 31st December, 2013. Silver Standard Resources Inc. (USA) (NASDAQ:SSRI) stock opened the session at $10.89, and closed the session at $11.34. The 52 week range of the Silver Standard Resources Inc. (USA) (NASDAQ:SSRI) stock remained $5.18 – $11.35 and the day range was $10.84 – $11.35.