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Thursday 13 August 2015
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Active Stocks Investor’s Alert: Barrick Gold Corporation (NYSE:ABX), ArcelorMittal (NYSE:MT), Aeterna Zentaris Inc. (NASDAQ:AEZS)

On Friday, Shares of Barrick Gold Corporation (NYSE:ABX), gained 2.33% to $7.04.

Barrick Gold Corporation stated a net loss of $9 million ($0.01 per share) for the second quarter, with adjusted net earnings of $60 million ($0.05 per share). Free cash flow was $26 million, contrast to negative free cash flow of $128 million in the preceding year period. Operating cash flow in the second quarter was $525 million. Second quarter adjusted EBITDA was $725 million1. On an unadjusted basis, EBITDA was $690 million1.

Gold production guidance for 2015 has been adjusted to 6.1-6.4 million ounces to reflect the impact of divestments, with production 55 percent weighted to the second half of the year. Costs are predictable to be 10 percent lower in the second half of 2015. Full-year all-in sustaining cost guidance is $840-$880 per ounce, down from $860-$895 per ounce.

Barrick Gold Corporation produces and sells gold and copper. The company is also involved in exploration and mine development activities. It conducts mining, development and exploration, and other activities in various countries, counting the United States, Canada, Australia, Argentina, Chile, Peru, the Dominican Republic, Papua New Guinea, Tanzania, Zambia, and Saudi Arabia.

Shares of ArcelorMittal (NYSE:MT), declined -1.77% to $9.42, during its last trading session.

ArcelorMittal has published recently its Half-Year Report for the six-month period ended 30 June, 2015.

The report published August 3, is available on http://corporate.arcelormittal.com/ under Investors > Financial reports > Half-year reports and on the electronic database of the Luxembourg Stock Exchange (www.bourse.lu/).

ArcelorMittal, together with its auxiliaries, operates as an integrated steel and mining company worldwide. The company operates through five segments: NAFTA; Europe; Brazil and Neighboring Countries (Brazil); Africa & Commonwealth of Independent States (ACIS); and Mining. It produces finished and semi-finished steel products.

Finally, Aeterna Zentaris Inc. (NASDAQ:AEZS), ended its last trade with 1.85% gain, and closed at $0.1711.

Aeterna Zentaris will declare its second quarter 2015 financial and operating results after market close on Thursday, August 13, 2015. The Company will host a conference call to talk about these results on Friday, August 14, 2015, at 8:30 a.m., Eastern Time.

Aeterna Zentaris Inc., a specialty biopharmaceutical company, engages in developing and commercializing novel treatments in oncology, endocrinology, and women’s health.

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This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




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