Gammon Gold Inc. (GAM.TO: News ) announced the completion of Capital Gold Corp. (CGC.TO: News ) acquisition. Capital Gold will operate as a subsidiary of Gammon Gold.
Shares of Gammon Gold, Inc. (GRS) hit a new 52-week high on Friday. The stock traded as high as $10.52 during mid-day trading and last traded at $10.43. The stock previously closed at $10.17.
Shares of U.S. Gold Co. (UXG) hit a new 52-week high on Friday. The stock traded as high as $9.82 during mid-day trading and last traded at $9.73. The stock previously closed at $9.41.
Shares of Capital Gold Co. (CGC) hit a new 52-week high on Friday. The stock traded as high as $6.49 during mid-day trading and last traded at $6.46. The stock previously closed at $6.40.
NEW YORK (TheStreet) — Pan American Silver Corporation (Nasdaq:PAAS) hit a new 52-week high Friday as it traded at $42.35 compared with its previous 52-Week high of $42.33. Pan American is changing hands at $42.35 with 2.5 million shares traded as of 11:42 a.m. ET. Average volume has been two million shares over the past 30 days.
New York, April 8th (TradersHuddle.com) – Unusual high volume detected on shares of Yamana Gold Inc. (NYSE:AUY), early in the trading session. Yamana Gold is currently trading higher by 2.64%, so definitely the buyers stepping in, as the stock’s volume is on pace to break its average.
Aurcana Corporation is pleased to report that the 2011 first quarter production figures for the La Negra mine in Mexico confirmed record silver production and La Negra is on track for a record year.
NEW YORK (TheStreet) — Silver Standard Resources (Nasdaq:SSRI) hit a new 52-week high Thursday as it traded at $34.72 compared with its previous 52-Week high of $34.61. Silver Standard is changing hands at $34.27 with 353,136 shares traded as of 10:37 a.m. ET. Average volume has been 1.4 million shares over the past 30 days.
Newmont Mining Corporation (NYSE: NEM) will discuss today at its annual Investor Day conference the comprehensive plan for the development of its current global portfolio of assets that would increase annual gold production to approximately 7 million ounces by 2017. This production target represents a potential aggregate increase of approximately 35% in anticipated 2017 annual production from the Company’s previously announced 2011 attributable gold production outlook of 5.1 to 5.3 million ounces. The Company also announced a new dividend policy that will link its quarterly dividend payment to Newmont’s average realized price of gold sales.
Prospero Silver Corp. is pleased to announce that it has engaged Contact Financial Corp. to assist the Company with the development and execution of a comprehensive investor relations program.
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