Barrick Gold (NYSE:ABX) is the largest gold mining company in the world by production, although it isn’t by market capitalization [that title is held by Goldcorp (NYSE:GG)]. One of the reasons for this is the company’s failure to generate shareholder value over the years despite a very strong gold market. If you had bought Barrick…
IAMGOLD Corp (USA) (NYSE:IAG) on June 23 provided an update from ongoing exploration activities at the Company’s 100%-owned Pitangui gold project located approximately 110 kilometres northwest of Belo Horizonte , the capital city of Minas Gerais State, Brazil . The project comprises 180.3 square kilometres of exploration licenses covering the Archean Pitangui greenstone belt where…
Applied Materials Inc (NASDAQ:AMAT) was upgraded by stock analysts at B. Riley from a “neutral” rating to a “buy” rating in a report issued on Tuesday. The firm currently has a $25.00 price target on the stock, up from their previous price target of $23.06. B. Riley’s price objective would indicate a potential upside of…
Communications, information and entertainment products and services provider Verizon Communications Inc. (NYSE:VZ) disclosed that it had accomplished success in its trial of 100G NID, one more milestone in its strong history in the 100G technology space. It will help carry over its regional Ethernet network to two 100G network interface gadgets without disturbing the performance…
Oklahoma City-based Chesapeake Energy Corporation (NYSE:CHK) has been accused of skimming more than other companies, selling gas to itself, misreporting production data, and violating lease terms that explicitly prohibit the fees. Most of the company’s Pennsylvania operations are located in Bradford County. Chesapeake Energy Corporation (NYSE:CHK) stock performance was -3.66% in last session and finished the day at $26.82. Traded…
Michael Kors Holdings Ltd (NASDAQ:KORS)‘s stock had its “hold” rating reaffirmed by stock analysts at Citigroup Inc. in a report issued on Tuesday. They currently have a $98.00 price target on the stock, down from their previous price target of $107.00. Citigroup Inc.’s price target would suggest a potential upside of 20.84% from the company’s…
