Shares of the following companies may have unusual shifts in the Canadian trade. Stock symbols are in parentheses. Enbridge Inc. (ENB CT): the company, the country’s largest pipeline is scheduled for publication of first quarter results at 7 am in Calgary. Analysts expect the company will report earnings of 79 cents per share, according to the average of 12 estimates in a Bloomberg survey.
Kinross Gold Corp. (K CT): gold producer in Canada in the third row said it earned 14 cents per share in the first quarter, missing the average estimate of 16 analysts by 11 percent.
NAL Oil & Gas Trust (NAE-U CT): The power producer with operations in Canada have reached a quarterly profit of 21 cents per unit, compared with analysts’ estimates by 6 cents and 7 cents per unit per unit. The company also increased its forecast for 2010 capital expenditures and operating costs per barrel of oil equivalent.
Red Back Mining Inc. (RBI TB): The gold mining company with operations in Africa, said it plans to sell 24 million shares to Kinross for $ 25 each in a private placement.
Source: Bloomberg
Canada-based Crocodile Gold Corp. (TSE: CRK) has signed an option agreement met silver and base metals producer Fortuna Silver Mines (TSE: FVI), which Fortune is a 100% interest in the Crocodile Mario buildings in the center of Peru acquisition. . . Read more »
SINGAPORE - Gold edges higher Wednesday, recovering from a 2.5 percent drop the previous day if the market again a surprise rate hike by China. . . Read more »
India government on Friday will again grapple with the political hot potato of the deregulation of fuel prices, looking for a way to improve its financial health as it tries to shield its 1. . . Read more »
New exploration techniques and the booming gold price driving investment in Australian gold industry. . . Read more »
Larry W. Reaugh, President and Cheif Executive Officer of American Manganese Inc., (formerly: Rocher Deboule Minerals Corp. . . Read more »
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