Tahoe Resources Inc. (TSX:THO)(NYSE:TAHO) reported financial results for the year ending December 31, 2013, and provided a production update for its flagship Escobal silver mine in Guatemala. Tahoe President and CEO Kevin McArthur said, “We are very pleased with corporate performance through the end of 2013. Capital spending to complete the Escobal mine came in very close to our initial estimates and we were able to declare on-time commercial production, effective January 1, 2014.Tahoe Resources Inc (NYSE:TAHO) shares after opening at $23.44 moved to $24.48 on last trade day and at the end of the day closed at $24.50. Tahoe Resources Inc (NYSE:TAHO) showed a positive weekly performance of 5.95%.
This week we look at a seven-year Yankee bond from HudBay Minerals Inc Ord Shs (NYSE:HBM), an integrated mining company primarily focused on the discovery, production, and marketing of base and precious metals in North and South America that currently trades several points over par, yet still offers about a 8.25% yield to maturity while providing excellent cash flow from a high 9.5% coupon that pays semi-annually. HudBay Minerals Inc Ord Shs (NYSE:HBM) shares fell -0.67% in last trading session and ended the day on $7.41. HudBay Minerals Inc Ord Shs (NYSE:HBM) yearly performance is -23.61%.
Axia Netmedia (TSE:AXX) declared a quarterly dividend on Monday, January 6th, American Banking & Market News reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.0125 per share on Wednesday, January 29th. This represents a $0.05 dividend on an annualized basis and a yield of 2.02%. Axia NetMedia Corporation (TSE:AXX) shares moved up 0.39% in last trading session and was closed at $2.56, while trading in range of $2.53-$2.56. Axia NetMedia Corporation (TSE:AXX) year to date performance is -6.37%.
The Vale SA (ADR) (NYSE:VALE) on Mar. 3 said it will kick off a soft launch of its “FarmVille 2: Country Escape” game and two other updated core titles before the end of March – critical first steps as it seeks to remake itself as a mobile gaming company. The games, which include “Zynga Poker” and “Words With Friends” will roll out on iOS and Android phones and tablets in select undisclosed markets before officially launching by the end of June. Vale SA (ADR) (NYSE:VALE) weekly performance is -4.22%. On last trading day company shares ended up $12.49. Vale SA (ADR) (NYSE:VALE) distance from 50-day simple moving average is -9.69%. Analysts mean target price for the company is $19.59.