Deutsche Bank reiterated their hold rating on shares of Goldcorp Inc. (USA) (NYSE:GG) in a research note released on Friday morning, AmericanBankingNews.com reports. Goldcorp Inc. (USA) (NYSE:GG) net profit margin is -72.00% and weekly performance is -1.12%. On last trading day company shares ended up $24.65. Analysts mean target price for the company is $30.09. Goldcorp Inc. (USA) (NYSE:GG) distance from 50-day simple moving average (SMA50) is -1.90%.
YAMANA GOLD INC. (USA) (NYSE:AUY) announced Daniel Racine has joined the Company’s senior management as Senior Vice President, Canadian Operations and Mine Planning & Development, effective immediately. Mr. Racine most recently held the position of President and Chief Operating Officer for Brigus Gold Corporation (“Brigus”). Prior to that role, Mr. Racine was Senior Vice President Mining at Agnico Eagle Mines Limited (“Agnico”) where he oversaw Agnico’s global mining operations. Yamana Gold Inc. (USA) (NYSE:AUY) shares fell -0.66% in last trading session and ended the day on $7.56. Gross Margin is 47.10% and its return on assets is -4.90%. Yamana Gold Inc. (USA) (NYSE:AUY) quarterly performance is -27.31%.
Oil giant BP plc (ADR) (NYSE:BP) has announced that it will appeal in the U.S. Supreme Court to review a court order on a settlement tied to its 2010 Gulf of Mexico (GoM) oil spill. The company will appeal for a ruling by a lower court concerning the quantum of damage payments to businesses affected by the spill. BP plc (ADR) (NYSE:BP) shares moved down -0.51% in last trading session and was closed at $51.21, while trading in range of $51.16 – $51.42. BP plc (ADR) (NYSE:BP) year to date (YTD) performance is 7.83%.
Newmont Mining Corporation (NYSE:NEM) has signed a binding agreement with Northstar Resources Limited, for the sale of its underground mine in Australia. The total transaction fee has been placed at $91 million made of $77 million in cash and approximately $14 million of working capital. Under the agreement, Northstar will be acquiring Jundee assets with all its liabilities and employee obligations. Full sale is expected to close in July. Newmont Mining Corp (NYSE:NEM) ended the last trading day at $23.36. Company weekly volatility is calculated as 2.02% and price to cash ratio as 7.47. Newmont Mining Corp (NYSE:NEM) showed a negative weekly performance of -3.83%.
Analysts at Dundee Securities boosted their price objective on shares of Osisko Mining Corp. (OTCMKTS:OSKFF) to C$8.00 in a research report issued to clients and investors on Friday, Analyst Ratings Net reports. The firm currently has a “neutral” rating on the stock. Dundee Securities’ price objective would suggest a potential downside of 0.87% from the stock’s previous close. OSISKO MINING CORP (OTCMKTS:OSKFF) On last trading day company shares ended up $7.47 .
Leave a Reply