On May 29, Solitario Exploration & Royalty Corp. (USA) (NYSEMKT:XPL) is pleased to provide an update on its Pedra Branca platinum-palladium project in Brazil and its Pachuca Norte silver-gold project in Mexico. Solitario’s joint venture partner, Anglo Platinum Ltd., has initiated a core drilling campaign on the Pedra Branca Project in northeastern Brazil. Anglo Platinum, manager of the project, is planning to complete up to 6,000 meters of core drilling on several magnetic geophysical targets. Anglo Platinum identified these new magnetic targets as a result of a regional airborne magnetic survey they conducted in 2013. Solitario Exploration & Royalty Co (USA) (NYSEMKT:XPL) weekly performance is 3.45%. On last trading day company shares ended up $1.20. Analysts mean target price for the company is $1.75. Solitario Exploration & Royalty Co (USA) (NYSEMKT:XPL) distance from 50-day simple moving average (SMA50) is 0.94%.
On May 27, United States Antimony Corp. (NASDAQ:UAMY) was downgraded by analysts at ING Group from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Monday. United States Antimony Corporation (NYSEMKT:UAMY) shares fell -2.33% in last trading session and ended the day on $1.68 . Gross Margin is -0.90% and its return on assets is -14.60%. United States Antimony Corporation (NYSEMKT:UAMY) quarterly performance is -12.04%.
On May 27, Escalera Resources Co. (NASDAQ:ESCR) announced that it will be presenting at the Independent Petroleum Association of American (IPAA) Oil & Gas Symposium in Toronto, ON. The presentation will be on Thursday, June 5, 2014 at 4:50 PM ET (2:50 PM MT; 1:50 PM PT). Mr. Charles Chambers, President and CEO, will be making the presentation, which will be webcast. The link for the webcast can be found at the Company’s website,www.escaleraresources.com. Escalera Resources Co (NASDAQ:ESCR) shares moved up 2.69% in last trading session and was closed at $2.67, while trading in range of $2.41 – $2.68. Escalera Resources Co (NASDAQ:ESCR) year to date (YTD) performance is 16.09%.
Equities researchers at HC Wainwright initiated coverage on shares of Avino Silver & Gold Mines Ltd (USA) (NYSE:ASM) in a research report issued on Friday. The firm set a “buy” rating and a $2.10 price target on the stock. HC Wainwright’s price objective indicates a potential upside of 29.63% from the company’s current price. Avino Silver & Gold Mines Ltd (USA) (NYSEMKT:ASM) ended the last trading day at $1.56 . Company weekly volatility is calculated as 7.39% and price to cash ratio as 13.01. Avino Silver & Gold Mines Ltd (USA) (NYSEMKT:ASM) showed a positive weekly performance of 1.96%.
On May 27, Shares of Asanko Gold Inc (NYSE:AKG) saw a large increase in short interest in May. As of May 15th, there was short interest totalling 874,687 shares, an increase of 23.9% from the April 30th total of 705,888 shares, ARN reports. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 70,503 shares, the short-interest ratio is currently 12.4 days. Asanko Gold Inc (NYSEMKT:AKG) weekly performance is -3.55%. On last trading day company shares ended up $1.90. Analysts mean target price for the company is $3.07. Asanko Gold Inc (NYSEMKT:AKG) distance from 50-day simple moving average (SMA50) is -7.47%.
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