On 20 MAY McEwen Mining Inc (NYSE:MUX) reports that Robert McEwen, Allen Ambrose, Michele Ashby, Leanne Baker, Richard Brissenden, Gregory Fauquier, Donald Quick and Michael Stein were elected as directors of McEwen Mining. The shareholders of McEwen Mining Inc (NYSE:MUX) also approved the compensation of McEwen Mining’s named executive officers (“Say-on-Pay”) and re-appointed KPMG LLP as auditors. McEwen Mining Inc (NYSE:MUX) weekly performance is 13.02%. On last trading day company shares ended up $2.43. Analysts mean target price for the company is $3.92. McEwen Mining Inc (NYSE:MUX) distance from 50-day simple moving average (SMA50) is 5.07%.
On 21 MAY Rio Alto Mining Ltd (NYSE:RIOM) and Sulliden Gold Corporation Ltd. jointly announce that they have signed a binding letter agreement (the “Agreement”) to combine their respective businesses (the “Transaction”) and create a new, leading mid-tier gold producer with operations focused in a world-class gold mining district in Peru. Rio Alto Mining Ltd (NYSE:RIOM) shares advanced 8.77% in last trading session and ended the day on $1.86. Rio Alto Mining Ltd (NYSE:RIOM) quarterly performance is -15.84%.
On 3 June Avino Silver & Gold Mines Ltd (USA) (NYSEMKT: ASM) set a “buy” rating and a price target on the stock. HC Wainwright’s price target indicates a potential upside from the company’s current price. Avino Silver & Gold Mines Ltd (USA) (NYSEMKT: ASM) shares moved up 7.14% in last trading session and was closed at $1.80, while trading in range of $1.68 – $1.81. Avino Silver & Gold Mines Ltd (USA) (NYSEMKT: ASM) year to date (YTD) performance is 11.38%.
On 6 JUNE Stillwater Mining Company (NYSE:SWC) said for the most recent quarter, the company looked to deliver earnings of 8 cents a share, when it actually saw earnings of 15 cents a share instead, representing a 87.5% positive surprise. Stillwater Mining Company (NYSE:SWC) ended the last trading day at $17.63. Company weekly volatility is calculated as 2.26% and price to cash ratio as 4.45. Stillwater Mining Company (NYSE:SWC) showed a positive weekly performance of 5.70%.