Yamana Gold Inc. (USA) (NYSE:AUY) has posted lower revenue during the recent quarter. Yamana Gold posted revenues of $353.9 million in the 1Q2014. During the same quarter last year, the company posted revenues of $534.9 million. The earnings from mine operation were $33.1 million, whereas the earnings were $208 million in 1Q2013. Yamana Gold Inc. (USA) (NYSE:AUY) net profit margin is -34.80% and weekly performance is -3.22%. On last trading day company shares ended up $7.22. Analysts mean target price for the company is $11.15. Yamana Gold Inc. (USA) (NYSE:AUY) distance from 50-day simple moving average (SMA50) is -18.02%.
Investment analysts at Jefferies Group dropped their target price on shares of Kinross Gold (NYSE:KGC) from $3.75 to $3.00 in a note issued to investors on Friday, Stock Ratings Network.com reports. Jefferies Group’s price target would indicate a potential downside of 25.93% from the company’s current price. Kinross Gold Corporation (USA) (NYSE:KGC) shares advanced 1.50% in last trading session and ended the day on $4.05. KGC gross Margin is 25.00% and its return on assets is -32.00%.Kinross Gold Corporation (USA) (NYSE:KGC) quarterly performance is -15.98%.
Reuters reported that Newmont Mining’s (NYSE:NEM) is running low on space for the storage of copper concentrate at its Batu Hijau project in Indonesia, and will need to stop production this June if permit and tax issues cannot be resolved with the Indonesian government. According to Reuters, roughly 30 percent of Newmonts output goes to Indonesia’s only current copper smelter, but the rest of its concentrate output currently has to stay put due to the country’s mineral export ban. Newmont Mining Corp (NYSE:NEM) shares moved up 0.08% in last trading session and was closed at $24.02, while trading in range of $23.71 – $24.12. Newmont Mining Corp (NYSE:NEM) year to date (YTD) performance is 4.94%.
Gold miner Goldcorp Inc. (NYSE:GG) announced that its Los Filos mine in Guerrero State, Mexico has resumed operations after reaching a new five-year occupancy agreement with the Carrizalillo Ejido. The operations at the mine had been suspended since Apr 2, 2014. Goldcorp Inc. (USA) (NYSE:GG) ended the last trading day at $24.85. Company weekly volatility is calculated as 1.50% and price to cash ratio as 32.55.Goldcorp Inc. (USA) (NYSE:GG) showed a negative weekly performance of -1.66%.
Findlay-based Marathon Petroleum Corp. (NYSE:MRO) is planning an expansion of its Patoka Tank Farm in southern Illinois, according to the Courier Press of Evansville, Ind. The expansion could cost as much as $158 million, the newspaper said. Company officials presented details to Marion County officials this week. Marathon Oil Corporation (NYSE:MRO) net profit margin is 11.70% and weekly performance is -1.72%. On last trading day company shares ended up $35.91. Analysts mean target price for the company is $42.62. Marathon Oil Corporation (NYSE:MRO) distance from 50-day simple moving average (SMA50) is 2.54%.
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