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Monday 17 August 2015
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Momentum Stocks in Focus - Barrick Gold Corporation, (NYSE:ABX), Fiat Chrysler Automobiles, (NYSE:FCAU), Hercules Offshore, (NASDAQ:HERO), Hecla Mining, (NYSE:HL)

On Monday, Shares of Barrick Gold Corporation (NYSE:ABX), gained 2.24% to $12.80.

Barrick Gold Corporation, met cost and production targets for the first quarter, reporting net earnings of $57 million ($0.05 per share). Adjusted net earnings were $62 million ($0.05 per share). Operating cash flow was $316 million. Gold production guidance for 2015 remains at 6.2-6.6 million ounces, with production 55 percent weighted to the second half of the year, in line with plan. Costs are also predictable to be 20 percent lower in the second half of the year, with full-year all-in sustaining costs in line with guidance of $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.

At the end of Monday’s trade, Shares of Fiat Chrysler Automobiles N.V. (NYSE:FCAU), jumped 2.10% to $16.53.

Fiat Chrysler Automobiles, has achieved a noteworthy milestone by having the most manufacturing facilities certified in both Occupational Health and Safety Assessment Series (OHSAS) 18001:2007 and International Organization for Standardization (ISO) 50001:2011 of any North American automotive company.

Thirty-one facilities across the U.S., Canada and Mexico were evaluated in less than 24 months by an accredited, third-party certification body. Recognized internationally, OHSAS 18001 focuses on worker health and safety, and ISO 50001 focuses on energy administration and conservation.

“FCA US is proud to lead the automotive industry in North America with these health, safety and energy certifications,” said Greg Rose, Director - Environment, Health & Safety (EHS), FCA North America. “This is a noteworthy achievement that would not have been possible without the continued support, dedication and hard work of our plant employees.”

Fiat Chrysler Automobiles N.V., an automotive group, designs, engineers, manufactures, distributes, and sells vehicles and components. It offers passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names, in addition to after-sales services and parts under the Mopar brand name.

Hercules Offshore, Inc. (NASDAQ:HERO), ended its last trade with 1.98% gain, and closed at $0.72.

On April 22, Hercules Offshore, declared that it has published the April Fleet Status Report. The Report comprises the Hercules Offshore Rig Fleet Status (as of April 22, 2015), which contains detailed contract information for each of the Company’s drilling rigs. The Report also comprises the Hercules Offshore Liftboat Fleet Status Report, which contains information by liftboat class for March 2015, counting revenue per day and operating days. The Report can be found on the Company’s website at www.herculesoffshore.com, under the “Investor Relations” section of the website.

Hercules Offshore, Inc., together with its auxiliaries, provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry worldwide. The company operates through Domestic Offshore, International Offshore, and International Liftboats segments.

Finally, Hecla Mining Co. (NYSE:HL), closed at $3.10, with 1.97% gain.

Hecla Mining Company, declared it anticipates to release its first quarter 2015 financial results before market open on Thursday, May 7, 2015.

A conference call and webcast will be held Thursday, May 7, at 10:00 a.m. Eastern Time to talk about these results. You may join the conference call by dialing toll-free 1-855-760-8158 or for international by dialing 1-720-634-2922. The participant passcode is HECLA.

Hecla Mining Company, together with its auxiliaries, discovers, acquires, develops, produces, and markets precious and base metal deposits worldwide. The company offers unrefined gold and silver bullion bars to precious metals traders; and lead, zinc, and bulk concentrates to custom smelters and brokers.

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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.

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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.

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