Basic Material Active Stocks: Petroleo Brasileiro Petrobras (NYSE:PBR), Vale SA (ADR) (NYSE:VALE), Kinross Gold (NYSE:KGC), Yamana Gold (NYSE:AUY)

On Apr 11, 2014, Zacks issued an updated research report on Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR). Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) – the largest publicly-traded Latin American oil company − produces and refines almost the entire crude oil and natural gas of Brazil. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock performance was 1.20% in last session and finished the day at $13.49. Traded volume was 17.66million shares in the last session and the average volume of the stock remained 24.17million shares. The beta of the stock remained 1.83.

Vale SA (ADR) (NYSE:VALE) informs that it has concluded the transaction announced on September 18, 2013, transferring 20% of the total capital of VLI S.A. (VLI) to Mitsui & Co., Ltd. (Mitsui) for R$ 1.5 billion and 15.9% to the Investment Fund of the Fundo de Garantia do Tempo de Serviço – FGTS (FI-FGTS), whose assets are managed by the Brazilian bank Caixa Econômica Federal, for R$ 1.2 billion. Vale SA (ADR) (NYSE:VALE) dropped -0.22 percent to $13.87 Wednesday on volume of 14.33million shares. The intra-day range of the stock was $13.79 to $14.06. Vale SA (ADR) (NYSE:VALE) has a market capitalization of $71.48billion.

At the end of 2013, Kinross Gold Corporation (USA) (NYSE:KGC) implemented a new costing methodology for reserve estimate. Due to this new methodology, the company’s reserves at year-end 2013 were approximately 42.8 million ounces of gold, a net decrease of 16.8 million ounces compared with year-end 2012. Kinross Gold Corporation (USA) (NYSE:KGC)’s stock on Apr 16, 2014 reported a increase of 0.49% to the closing price of $4.12. Its fifty two weeks range is $4.01 -$6.65. The total market capitalization recorded $4.71billion. The overall volume in the last trading session was 10.40million shares. In its share capital, KGC has 1.14billion outstanding shares.

Agnico Eagle Mines Ltd. and Yamana Gold Inc. (USA) (NYSE:AUY) agreed to jointly acquire Osisko Mining Corp. (OSK) for C$3.9 billion ($3.55 billion), the latest twist in a battle for control of a Quebec mine that now involves three of Canada’s largest gold producers. On Wednesday, shares of Yamana Gold Inc. (USA) (NYSE:AUY) dropped -4.30% to close the day at $8.02. Company return on investment (ROI) is -5.60% and its monthly performance is recorded as -19.40%. Yamana Gold Inc. (USA) (NYSE:AUY) quarterly revenue growth is -12.83%.