Basic Material Recap; Coeur d’Alene Mines Corp (NYSE:CDE) Earnings Slips on Lower Silver Prices, Marathon Oil (NYSE:MRO) Misses Targets

  on Nov 07,2012 Posted in Business News ,Featured
 
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Silver miner Coeur d’Alene Mines Corp (CDE) reported a third-quarter decline because of a steer fall in silver prices.

The company announced a net loss of $15.8 million, or 18 cents a share, in contrast with a profit of $23 million, or 26 cents a share, last year same quarter.

In last trading session, Coeur d’Alene Mines Corporation (NYSE:CDE) fell -20.65% and closed at $24.10 with the total traded volume of 12.94 million shares. CDE has market capitalization of $2.17 billion.

CDE has earnings per share of $0.78 with the net profit margin of 6.61%. Its price to earnings ratio ended at 30.90.

Oil and natural gas exploration and production company, Marathon Oil Corporation (MRO) announced considerably lower than predicted 3Q profits, as crude oil and natural gas prices declined.

In last trading session, Marathon Oil Corporation (NYSE:MRO) moved up +2.29% to close at $31.21 and its overall volume during last trading session was 11.31 million shares. Its opening price was $30.66 while its shares hit the day high price of $31.81 and day low of $30.51.

Hecla Mining Co. (NYSE:HL) jumped to a decline in the 3Q, lower than experts’ estimations. The Company announced a loss of $885,000 (0 cents per diluted share) in the recently ended quarter. Hecla Mining Co. posted a net income of $55.9 million or 19 cents a share in the last year same quarter.

Hecla Mining Company (NYSE:HL) reported the loss of -6.48% with the closing price of $5.92. The overall volume in the last trading session was 12.96 million shares. The total market capitalization remained $1.69 billion.

HL is ahead of its 52 week low with 60.86% and its last month’s price volatility remained 3.53%. Company’s current year earnings per share grew with 286.71% while the five years EPS growth rate was -1.13%.

Alpha Natural Resources, Inc. (NYSE:ANR) with a 2.78% gain to $9.62 in the latest trading session has changed its distance from 200-Day Moving Average to -18.13% and 50-Day Moving Average to +29.20%. It captures $2.12 billion in market value. The mean rating 2.40 is set by analysts. The company is projected to report -$0.51 per share for the quarter ending Dec-12 as compared to $0.58 earned a year earlier, according to 27 analysts surveyed by Reuters. The average EPS forecast of 23 analysts for the full-year is -$1.43, down as compared to $1.95 earned a year ago.

Arch Coal Inc (NYSE:ACI)’s shares touched a high of $8.75 before closing at $8.66, an increase of $0.32. The trading volume was 20.20 million shares. Since hitting a 52-week low of $5.16 on Jul 26, 2012, the stock has managed to stay 68.79% higher from that level. The latest gain caused shares to trim their 2012 loss to 39.27%.

 



 

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