|Bid||27.09 x 0|
|Ask||27.31 x 0|
|Day's Range||26.93 - 27.49|
|52 Week Range||15.68 - 39.21|
|Beta (5Y Monthly)||0.62|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jan 26, 2009|
|1y Target Est||N/A|
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...
Gold investors critical of lavish executive payouts plan to vote down compensation at upcoming annual shareholder meetings, as soaring prices for the precious metal spur dealmaking. "It's excessive and it's something that we don't like to see as shareholders," said portfolio manager Joe Foster at Van Eck Associates Corp, which holds shares in Barrick Gold Corp , Newmont Corp and other gold miners. Teranga Gold Corp executives collectively will receive $10 million in severance pay plus $20.9 million for accelerated vesting of options after agreeing to a $2 billion takeover by Canada's Endeavour Mining Corp.
West Africa-focused Endeavour Mining has agreed to buy Teranga Gold in an all-share deal to create a top 10 gold producer which will list in London, the companies said on Monday, a week after they announced they were in talks. "We're not trying to buy cheap - we're just trying to make the right deal that satisfies both sets of shareholders and that ensures the maximum support and maximum return going forward," Endeavour CEO Sébastien de Montessus said in a telephone interview.