On Thursday, Shares of Barrick Gold Corporation (NYSE:ABX), gained 2.09% to $6.84.
Barrick Gold Corporation stated that it filed an updated technical report on EDGAR and SEDAR for its Lagunas Norte mine based in Peru. The report ropes the disclosure enclosed in Barrick’s PR of August 5, 2015, reporting the completion of an initial Economic evaluation on the “Refractory Material Mine Life Extension” Plan at Lagunas Norte.
In unrelated news, Barrick Gold stated that a cyanide carrying pipe at Veladero gold mine witnessed a leak and valve failure resulting in a brief disruption in operations. The company confirmed that there was no harm done to any of worker or on the surrounding river due to the incident.
As per the news, the new valve had been deployed and the incident is being investigated. Barrick Gold Corporation (USA)(NYSE:ABX) stated that leak was noticed right away following which the faulty valve was closed in no time. The production was halted so that no harm was done to participant. Veladero comes in the group of the largest gold mines located in Argentina.
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 Encana Corporation (NYSE:ECA), inclined 0.53% to $7.64, during its last trading session.
After trading began at $7.56 the stock was seen hitting $7.95 as a peak level and $7.445 as the lowest level. The stock ended up at $7.64. The daily volume was measured at 15,866,890 shares. The 52-week high of the share price is $22.86 and the 52-week low is $5.55. The company has a market cap of $6,437 million.
Encana Corporation’s stock price is predictable to reach $ 12.28 in the short term. The number of analysts agreeing with this consensus is 18. The higher estimate for the short term price target is at $17 while the lower estimate is at $8. The standard deviation of the price stands at $2.82.
Encana Corporation, together with its auxiliaries, engages in the development, exploration, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the United States.
Finally, American Eagle Outfitters, Inc. (NYSE:AEO), ended its last trade with 3.50% gain, and closed at $16.26.
American Eagle Outfitters, declared a quarterly cash dividend of $0.125 per share, marking the company’s 45th successive quarterly dividend. The $0.125 dividend was declared on September 11, 2015 and is payable on October 21, 2015 to stockholders of record at the close of business on October 7, 2015.
American Eagle Outfitters, Inc. operates as a retailer of apparel and accessories in the United States and internationally. The company’s stores offers denims, pants, shorts, sweaters, fleece, outerwear, graphic T-shirts, footwear, and accessories for 15 to 25 year old men and women under the American Eagle Outfitters brand name; and intimates and personal care products for women the aerie brand name.
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 with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
