On Wednesday, Shares of Sandstorm Gold Ltd. (NYSE:SAND), gained 9.19% to $3.09.
Sandstorm Gold Ltd., announced, following National Instrument 62-103 - The Early Warning System and Related Take Over Bid and Insider Reporting Issues, the purchase by Sandstorm of an aggregate of 2,362,401 common shares of AuRico Metals Inc., representing about 2% of the outstanding common shares of AuRico.
Preceding to the acquisition of the Attained Shares, Sandstorm owned directly an aggregate of 11,812,001 AuRico Shares, which represented about 10% of the issued and outstanding AuRico Shares. Upon completion of the acquisition of the Attained Shares, an aggregate 14,174,402 AuRico Shares are now owned directly by Sandstorm, representing about 12% of the issued and outstanding AuRico Shares.
The Attained Shares were attained by Sandstorm on the open market over the facilities of the Toronto Stock Exchange and other published markets for the AuRico Shares at prices ranging from $0.51 to $0.55 per Attained Share. The acquisition of the Common Shares by Sandstorm was effected for investment purposes. Sandstorm may from time to time acquire additional securities of AuRico, dispose of some or all of the existing or additional securities it holds or will hold, or may continue to hold its current position.
The early warning report, as required under National Instrument 62-103, contains additional information with respect to the foregoing matters and will be filed by the Company on AuRico’s SEDAR profile at www.sedar.com.
Sandstorm Gold Ltd., a resource-based company, focuses on acquiring gold and other precious metal purchase agreements and royalties from companies that have advanced stage development projects or operating mines.
Shares of Dejour Energy Inc (USA) (NYSEMKT:DEJ), inclined 2.80% to $0.114, during its last trading session.
Dejour Energy declared its financial results for the three and six-month periods ended June 30, 2015.
Q2 2015 Key Financial and Operating Highlights:
- Secured $4.5 million in bridge financing from a Director and Officer ($2.5 million) and a company associated with the Director and Officer ($2.0 million), the net proceeds from which were applied to fund the Company’s estimated 2015 capital expenditures,
- Raised oil and natural gas liquids production during Q2 2015 by 71% to 329 BOE/d for the three months ended June 30, 2015 from production of 193 BOE/d for the comparative period in 2014; and
- Finalized construction of major production facilities at Kokopelli in the Piceance Basin of Colorado and prepaid the $3.6 million in “Authorizations for Expenditure” to fund the Company’s 25% share of well completion costs for the 8 drilled and cased wells and prepare for the commencement of production.
Dejour Energy Inc. engages in acquiring, exploring, and developing energy projects with a focus on oil and gas exploration in Canada and the United States. It holds interests in about 60,100 net acres of oil and gas leases in the Peace River Arch of northwestern British Columbia and northeastern Alberta, Canada; and the Piceance, Paradox, and Uinta Basins in the U.S. Rocky Mountains.
At the end of Wednesday’s trade, Shares of Pretium Resources Inc (NYSE:PVG), gained 5.26% to $5.60.
Pretium Resources declared that it has received an Environmental Assessment Decision Statement from the Federal Minister of the Environment, which finds that the Brucejack Project is not likely to cause noteworthyadverse environmental effects.
The Minister issued a Project Recommendation that comprises a determination regarding the potential effects of the Project under the Nisga’a Final Agreement, which is a modern treaty signed by the governments of Canada, British Columbia and the Nisga’a Nation.
In reaching the decision, the Minister considered the Project Recommendation and the Canadian Environmental Assessment Agency’s (CEAA) Environmental Assessment Report. The Report comprises the CEAA’s conclusions and recommendations on the potential environmental effects of the project, the projected mitigation measures, the significance of any remaining adverse environmental effects, and the follow-up program.
As the Brucejack Project, advances to mine construction Pretivm will address the conditions which comprise mitigation measures and follow-up requirements which must be fulfilled throughout the life of the project.
Pretium Resources Inc. acquires, explores, and develops precious metal resource properties in the Americas. Its mineral interests comprise of gold/copper/silver exploration projects.
Finally, Vulcan Materials Company (NYSE:VMC), ended its last trade with 1.07% gain, and closed at $97.26.
Vulcan Materials Company declared results for the second quarter ending June 30, 2015.
The Company’s second quarter results reflect the continuation of strong margin expansion and improvement in its industry-leading unit profitability in aggregates. Despite extremely wet weather in many of our markets, second quarter revenues raised 13 percent and gross profit raised 34 percent from the preceding year, with gross profit and gross profit margins improving in all segments. Same-store aggregates shipments rose 5 percent and same-store freight-adjusted aggregates pricing raised 6 percent from the preceding year. Underlying demand recovery and pricing momentum remain strong. Same-store incremental aggregates gross profits equaled 74 percent of incremental freight-adjusted revenues for the quarter – and 72 percent for the trailing twelve months. Although weather impacts in the second quarter and first half may result in full-year volumes below plan, pricing and margin improvements lead the Company to reconfirm its full-year EBITDA guidance. The remainder of this release provides additional detail regarding the Company’s second quarter results and full year outlook.
Second Quarter Summary (contrast with preceding year’s second quarter)
- Total revenues raised $104 million, or 13 percent, to $895 million
- Gross profit raised $60 million in total, or 34 percent, to $234 million
- Aggregates freight-adjusted revenues raised $75 million, or 15 percent, to $558 million
- Shipments raised 9 percent, or 3.8 million tons, to 47.5 million tons
- Same-store shipments raised 5 percent, or 2.4 million tons
- Segment gross profit raised $46 million, or 28 percent, to $207 million
- Incremental gross profit as a percent of freight-adjusted revenues was 61 percent
- On a same-store basis, this metric was 74 percent
- Average freight-adjusted sales price raised 6 percent
- Asphalt Mix, Concrete and Calcium segment gross profit improved $14 million, collectively
- SAG remained in line with expectations and declined as a percentage of total revenues
- Adjusted EBITDA was $229 million, an enhance of $56 million, or 33 percent
- Earnings from ongoing operations were $0.37 per diluted share as compared to $0.35 per share in the second quarter of 2014. Comprised of in these results are:
- $0.24 per diluted share in the current year’s quarter for net charges related to debt refinancing in 2015
- $0.05 and $0.01 for net charges related to restructuring and business development costs in 2015 and 2014 respectively
- Adjusted for these items, earnings from ongoing operations were $0.66 per diluted share in the second quarter of 2015 as compared to $0.36 per diluted share in the preceding year
Vulcan Materials Company produces and sells construction aggregates, asphalt mix, and ready-mixed concrete primarily in the United States. It operates through four segments: Aggregates, Asphalt Mix, Concrete, and Calcium.
DISCLAIMER:
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 through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
Sandstorm Gold, NYSE:SAND, Dejour Energy, NYSEMKT:DEJ, Pretium Resources, NYSE:PVG, Vulcan Materials Company, NYSE:VMC, SAND, DEJ, PVG, VMC
Active Movers to Watch: Sandstorm Gold Ltd. (NYSE:SAND), Dejour Energy Inc (USA) (NYSEMKT:DEJ), Pretium Resources Inc (NYSE:PVG), Vulcan Materials Company (NYSE:VMC)
On Wednesday, Shares of Sandstorm Gold Ltd. (NYSE:SAND), gained 9.19% to $3.09.
Sandstorm Gold Ltd., announced, following National Instrument 62-103 - The Early Warning System and Related Take Over Bid and Insider Reporting Issues, the purchase by Sandstorm of an aggregate of 2,362,401 common shares of AuRico Metals Inc., representing about 2% of the outstanding common shares of AuRico.
Preceding to the acquisition of the Attained Shares, Sandstorm owned directly an aggregate of 11,812,001 AuRico Shares, which represented about 10% of the issued and outstanding AuRico Shares. Upon completion of the acquisition of the Attained Shares, an aggregate 14,174,402 AuRico Shares are now owned directly by Sandstorm, representing about 12% of the issued and outstanding AuRico Shares.
The Attained Shares were attained by Sandstorm on the open market over the facilities of the Toronto Stock Exchange and other published markets for the AuRico Shares at prices ranging from $0.51 to $0.55 per Attained Share. The acquisition of the Common Shares by Sandstorm was effected for investment purposes. Sandstorm may from time to time acquire additional securities of AuRico, dispose of some or all of the existing or additional securities it holds or will hold, or may continue to hold its current position.
The early warning report, as required under National Instrument 62-103, contains additional information with respect to the foregoing matters and will be filed by the Company on AuRico’s SEDAR profile at www.sedar.com.
Sandstorm Gold Ltd., a resource-based company, focuses on acquiring gold and other precious metal purchase agreements and royalties from companies that have advanced stage development projects or operating mines.
Shares of Dejour Energy Inc (USA) (NYSEMKT:DEJ), inclined 2.80% to $0.114, during its last trading session.
Dejour Energy declared its financial results for the three and six-month periods ended June 30, 2015.
Q2 2015 Key Financial and Operating Highlights:
- Secured $4.5 million in bridge financing from a Director and Officer ($2.5 million) and a company associated with the Director and Officer ($2.0 million), the net proceeds from which were applied to fund the Company’s estimated 2015 capital expenditures,
- Raised oil and natural gas liquids production during Q2 2015 by 71% to 329 BOE/d for the three months ended June 30, 2015 from production of 193 BOE/d for the comparative period in 2014; and
- Finalized construction of major production facilities at Kokopelli in the Piceance Basin of Colorado and prepaid the $3.6 million in “Authorizations for Expenditure” to fund the Company’s 25% share of well completion costs for the 8 drilled and cased wells and prepare for the commencement of production.
Dejour Energy Inc. engages in acquiring, exploring, and developing energy projects with a focus on oil and gas exploration in Canada and the United States. It holds interests in about 60,100 net acres of oil and gas leases in the Peace River Arch of northwestern British Columbia and northeastern Alberta, Canada; and the Piceance, Paradox, and Uinta Basins in the U.S. Rocky Mountains.
At the end of Wednesday’s trade, Shares of Pretium Resources Inc (NYSE:PVG), gained 5.26% to $5.60.
Pretium Resources declared that it has received an Environmental Assessment Decision Statement from the Federal Minister of the Environment, which finds that the Brucejack Project is not likely to cause noteworthyadverse environmental effects.
The Minister issued a Project Recommendation that comprises a determination regarding the potential effects of the Project under the Nisga’a Final Agreement, which is a modern treaty signed by the governments of Canada, British Columbia and the Nisga’a Nation.
In reaching the decision, the Minister considered the Project Recommendation and the Canadian Environmental Assessment Agency’s (CEAA) Environmental Assessment Report. The Report comprises the CEAA’s conclusions and recommendations on the potential environmental effects of the project, the projected mitigation measures, the significance of any remaining adverse environmental effects, and the follow-up program.
As the Brucejack Project, advances to mine construction Pretivm will address the conditions which comprise mitigation measures and follow-up requirements which must be fulfilled throughout the life of the project.
Pretium Resources Inc. acquires, explores, and develops precious metal resource properties in the Americas. Its mineral interests comprise of gold/copper/silver exploration projects.
Finally, Vulcan Materials Company (NYSE:VMC), ended its last trade with 1.07% gain, and closed at $97.26.
Vulcan Materials Company declared results for the second quarter ending June 30, 2015.
The Company’s second quarter results reflect the continuation of strong margin expansion and improvement in its industry-leading unit profitability in aggregates. Despite extremely wet weather in many of our markets, second quarter revenues raised 13 percent and gross profit raised 34 percent from the preceding year, with gross profit and gross profit margins improving in all segments. Same-store aggregates shipments rose 5 percent and same-store freight-adjusted aggregates pricing raised 6 percent from the preceding year. Underlying demand recovery and pricing momentum remain strong. Same-store incremental aggregates gross profits equaled 74 percent of incremental freight-adjusted revenues for the quarter – and 72 percent for the trailing twelve months. Although weather impacts in the second quarter and first half may result in full-year volumes below plan, pricing and margin improvements lead the Company to reconfirm its full-year EBITDA guidance. The remainder of this release provides additional detail regarding the Company’s second quarter results and full year outlook.
Second Quarter Summary (contrast with preceding year’s second quarter)
- Total revenues raised $104 million, or 13 percent, to $895 million
- Gross profit raised $60 million in total, or 34 percent, to $234 million
- Aggregates freight-adjusted revenues raised $75 million, or 15 percent, to $558 million
- Shipments raised 9 percent, or 3.8 million tons, to 47.5 million tons
- Same-store shipments raised 5 percent, or 2.4 million tons
- Segment gross profit raised $46 million, or 28 percent, to $207 million
- Incremental gross profit as a percent of freight-adjusted revenues was 61 percent
- On a same-store basis, this metric was 74 percent
- Average freight-adjusted sales price raised 6 percent
- Asphalt Mix, Concrete and Calcium segment gross profit improved $14 million, collectively
- SAG remained in line with expectations and declined as a percentage of total revenues
- Adjusted EBITDA was $229 million, an enhance of $56 million, or 33 percent
- Earnings from ongoing operations were $0.37 per diluted share as compared to $0.35 per share in the second quarter of 2014. Comprised of in these results are:
- $0.24 per diluted share in the current year’s quarter for net charges related to debt refinancing in 2015
- $0.05 and $0.01 for net charges related to restructuring and business development costs in 2015 and 2014 respectively
- Adjusted for these items, earnings from ongoing operations were $0.66 per diluted share in the second quarter of 2015 as compared to $0.36 per diluted share in the preceding year
Vulcan Materials Company produces and sells construction aggregates, asphalt mix, and ready-mixed concrete primarily in the United States. It operates through four segments: Aggregates, Asphalt Mix, Concrete, and Calcium.
DISCLAIMER:
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 through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
