|Bid||3.1100 x 0|
|Ask||3.1400 x 0|
|Day's Range||3.0100 - 3.1400|
|52 Week Range||0.9300 - 3.5000|
|Beta (3Y Monthly)||1.20|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 31, 2017 - Apr 3, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.20|
The Senior Credit Facility maturity date has been extended from March 15, 2019 to September 5, 2019. The Second Lien Credit Facility maturity date has been extended from March 15, 2019 to September 9, 2019. The Bridge Loan maturity date has been extended from March 15, 2019 to September 11, 2019.
Melbourne-based Newcrest, with assets in Australia, Indonesia and Papua New Guinea, will acquire a 70 percent joint-venture interest in the Red Chris copper and gold mine in British Columbia and become the operator of the site, the producer said Monday in a statement. Newcrest’s move into Canada comes amid a bout of consolidation in the gold industry, as the largest producers seek to increase the quality of their portfolios, boost reserves of the precious metal or win operational savings. Australia’s top gold producer remains in a strong position to complete further deals and will continue to review opportunities, Chief Executive Officer Sandeep Biswas said in a phone interview.
Newcrest Mining has shrugged off the threat posed by the wave of consolidation sweeping the gold industry, arguing that smaller, more nimble miners can deliver better returns to shareholders. The Australian ...
The Senior Credit Facility maturity date has been extended from March 7, 2019 to March 15, 2019. The Second Lien Credit Facility maturity date has been extended from March 11, 2019 to March 15, 2019. The Bridge Loan maturity date has been extended from March 13, 2019 to March 15, 2019.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The flip side of that is that there are moreRead More...
Warning! GuruFocus has detected 1 Warning Sign with FNMA. Absolute and relative returns for the Fund were poor last year due to the Chapter 11 filing of Sears Holdings (SHLD), below plan operating performance at Imperial Metals, and significant investor fatigue with the government's so-called conservatorship of Fannie Mae and Freddie Mac.
Anyone researching Imperial Metals Corporation (TSE:III) might want to consider the historical volatility of the share price. Modern finance theory considers volatility to be a measure of risk, and there Read More...
Cash and cash equivalents are at historically high levels in each of the Fairholme Fund (Trades, Portfolio), the Fairholme Focused Income Fund, and the Fairholme Allocation Fund ("Funds") given investment performance and being more fearful than greedy when balancing market opportunities and risks. Due to recent developments with certain holdings, we want to provide updates on St. Joe after Hurricane Michael, Fannie Mae and Freddie Mac after the latest court ruling, Imperial Metals after latest production reports, and Sears Holdings (SHLD) after the company's announced bankruptcy where the outcome is uncertain and an evaluation of net assets is more complex in a Chapter 11 court process.
Moody's Investors Service ("Moody's") downgraded Imperial Metals Corporation's ("Imperial") Corporate Family rating to Caa3 from Caa2, downgraded and appended a limited default designation (LD) to Imperial Metals Corporation's Probability of Default (PDR) rating to Caa3-PD/LD from Caa2-PD, and affirmed its Caa3 senior unsecured rating and its SGL-4 speculative grade liquidity rating. Moody's views the extension of the maturity dates of Imperial's first lien senior credit facility (to February 15, 2019 from October 1, 2018), its second lien credit facility (to February 15, 2019 from December 1, 2018) and its $26 million bridge loan (to February 28, 2019 from January 5, 2019) as a distressed exchange and limited default under Moody's definition of default.
Imperial Metals Corporation acquires, explores for, develops, and produces base and precious metals in Canada. Imperial Metals is one of Canada’s small-cap stocks that saw some insider buying over theRead More...