On June 7, PolyMet Mining Corp. (USA) (NYSEMKT:PLM)’s plan to extract copper and nickel from the long-closed LTV mine in Hoyt Lakes has pitted out-of-work but union-loyal miners desperate for decent wages against preservationists, who say the mine could damage the watershed and poison the landscape. PolyMet Mining Corp. (USA) (NYSEMKT:PLM) weekly performance is -9.09%. On last trading day company shares ended up $1.00. Analysts mean target price for the company is $2.62. PolyMet Mining Corp. (USA) (NYSEMKT:PLM) distance from 50-day simple moving average (SMA50) is -19.92%.
Uranium Resources, Inc. (NASDAQ:URRE) announced that its long-serving Chairman Paul K. Willmott has turned over his role to fellow Director Terence J. Cryan, following the Company’s Annual Meeting of Stockholders. Mr. Willmott served the Company for the past 19 years either on the Board as Chairman or as Chief Executive Officer, and will remain on the Board. Uranium Resources, Inc. (NASDAQ:URRE) shares fell -5.13% in last trading session and ended the day on $2.59. Its return on assets is -34.70%. Uranium Resources, Inc. (NASDAQ:URRE) quarterly performance is -8.80%.
On May 1, 2014, Quest Rare Minerals Ltd Common Shares (Canada) (NYSEMKT:QRM) announced the appointment of Pierre Lortie as a Director of the Company. His experience and background will be of immense benefit to Quest as the company develops its Strange Lake Project. Quest Rare Minerals Ltd Common Shares (Canada) (NYSEMKT:QRM) shares moved up 0.63% in last trading session and was closed at $0.320 , while trading in range of $0.28 -$0.32. Quest Rare Minerals Ltd Common Shares (Canada) (NYSEMKT:QRM) year to date (YTD) performance is -36.00%.
On Jun 5, 2014, Avino Silver & Gold Mines Ltd (USA) (NYSEMKT:ASM) announces further results from development of the sixth level of the San Gonzalo Mine and start of the 2014 drill program on the Avino property, located 80km northeast of Durango, Mexico. Avino Silver & Gold Mines Ltd (USA) (NYSEMKT:ASM) ended the last trading day at $ 1.80 . Company weekly volatility is calculated as 6.15% and price to cash ratio as 4.11. Avino Silver & Gold Mines Ltd (USA) (NYSEMKT:ASM) showed a positive weekly performance of 9.09%.
One such stock that you may want to consider dropping is Molycorp Inc (NYSE:MCP) which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #4 (Sell) further confirms weakness in MCP, according to Zack. Molycorp Inc (NYSE:MCP) net profit margin is -90.00% and weekly performance is 12.00%. On last trading day company shares ended up $2.80. Analysts mean target price for the company is $4.10. Molycorp Inc (NYSE:MCP) distance from 50-day simple moving average (SMA50) is -28.74%.