On Wednesday, Following Stocks were among the “Top 50 Gainers” of U.S. Stock Market: Goldcorp Inc. (USA) (NYSE:GG), Whiting Petroleum Corp (NYSE:WLL), Steel Dynamics, Inc (NASDAQ:STLD), Pan American Silver Corp. (USA) (NASDAQ:PAAS)
Goldcorp Inc. (USA) (NYSE:GG), with shares inclined 3.10%, closed at $18.97.
Whiting Petroleum Corp (NYSE:WLL), with shares jumped 8.85%, settled at $40.95.
Steel Dynamics, Inc (NASDAQ:STLD), with shares climbed 8.83%, and closed at $20.27.
Pan American Silver Corp. (USA) (NASDAQ:PAAS), surged 4.76%, and closed at $9.25.
Latest NEWS regarding these Stocks are depicted underneath:
Goldcorp Inc. (NYSE:GG)
Formerly on March 13, Goldcorp Inc. (GG), declared the completion of the formerly declared attainment of Probe Mines Limited.
Probe’s principal asset is the 100%-owned Borden Gold project located near Chapleau, Ontario, about 160 kilometers west of Goldcorp’s Porcupine mine. The highly-prospective Borden Gold project presently has stated underground constrained indicated resources of 1.6 million ounces of gold (9.3Mt @ 5.39g/t) and inferred resources of 0.4 million ounces of gold (3Mt @ 4.37g/t) at a 2.5g/t gold cut-off grade. The deposit remains open down plunge. The deposit is located within a large land package comprising 70 kilometers of contiguous claims in a geologic setting not formerly thought to host gold deposits.
Goldcorp Inc. engages in the attainment, exploration, development, and operation of gold properties in Canada, the United States, and Latin America. The corporation primarily explores for gold, silver, copper, lead, and zinc deposits.
Whiting Petroleum Corp. (NYSE:WLL)
Formerly on February 25, Whiting Petroleum Corp. (WLL), declared production in the fourth quarter 2014 totaled 12.1 million barrels of oil equivalent (MMBOE), 88% crude oil/natural gas liquids (NGLs). Fourth quarter 2014 production averaged 131,260 barrels of oil equivalent per day (BOE/d), which comprises Kodiak production for 24 days. This represents a 30% raise over the fourth quarter 2013 and a 13% raise over the third quarter 2014. Production in 2014 totaled a record 41.8 MMBOE or 114,530 BOE/d. This represents a 22% raise over 2013.
Whiting Petroleum Corporation, an independent oil and gas corporation, attains, explores, develops, and produces crude oil, natural gas liquids, and natural gas in the Rocky Mountains and Permian Basin regions of the United States.
Steel Dynamics Inc. (NASDAQ:STLD)
On Tuesday, Steel Dynamics Inc. (STLD), offered first quarter 2015 earnings guidance. Not including about $17 million, or $0.04 per diluted share, of estimated premium and related expenses associated with the corporation’s repayment of $350 million in senior notes in March 2015, the corporation offered first quarter 2015 adjusted earnings guidance in the range of $0.12 to $0.16 per diluted share. Counting these charges, earnings guidance for the first quarter 2015 would have been in the range of $0.08 to $0.12 per diluted share.
Estimated first quarter earnings are lower than the corporation’s sequential fourth quarter 2014 adjusted earnings of $0.40 per diluted share and similar to preceding-year first quarter earnings of $0.17 per diluted share.
Steel Dynamics, Inc., together with its auxiliaries, manufactures and sells steel products, processes and sells recycled ferrous and nonferrous metals, and fabricates and sells steel joist and decking products in the United States and internationally. The corporation operates in three segments: Steel Operations, Metals Recycling and Ferrous Resources Operations, and Steel Fabrication Operations.
Pan American Silver Corp. (NASDAQ:PAAS)
Formerly on February 19, Pan American Silver Corp. (PAAS), declared that it has promoted Mr. Michael Steinmann to President of the Corporation effective February 18, 2015. Mr. Steinmann will assume the role of President and will report to Pan American’s Chief Executive Officer, Mr. Geoff Burns.
Preceding to this promotion, Mr. Steinmann was the Corporation’s Executive Vice President, Corporate Development & Geology and was responsible for the Corporation’s business development activities, production geology, resource and reserve estimations, in addition to for exploration programs of Pan American. Mr. Steinmann joined Pan American in 2004 after more than 10 years working and residing in several South American countries counting Ecuador, Chile and Peru. In addition to being fluent in English, Spanish and German, he holds a Ph.D in Geology from the Swiss Federal Institute of Technology and a M.Sc. in Geology from the University of Zurich.
Pan American’s mission is to be the world’s pre-eminent silver producer, with a reputation for excellence in discovery, engineering, innovation, and sustainable development. The Corporation has seven operating mines in Mexico, Peru, Argentina, and Bolivia, and several development projects in the USA, Mexico, Peru, and Argentina.
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