Production Updates, Upcoming Events, Strong Financial Results and Pricing of Public Offerings - Research Report on Vale, Pretium, US Silica, Hi-Crush, and Molycorp
NEW YORK, November 27, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Vale SA (NYSE: VALE), Pretium Resources Inc. (NYSE: PVG), US Silica Holdings, Inc. (NYSE: SLCA), Hi-Crush Partners LP (NYSE: HCLP), and Molycorp, Inc. (NYSE: MCP). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Vale SA Research Report
On November 22, 2013, Vale SA (Vale) announced that it will host a meeting with capital market participants on December 2, 2013 at the New York Stock Exchange. The Company informed that the live video webcast of the meeting will be available at Vale's website starting 10:15 a.m. EST / 1:15 p.m. Rio de Janeiro time / 3:15 p.m. BST . The Full Research Report on Vale SA - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/6779_VALE
--
Pretium Resources Inc. Research Report
On November 22, 2013, Pretium Resources Inc. (Pretium) announced that it has produced 4,215 ounces of gold from 8,090 dry tonnes of excavated material from the Valley of the Kings Bulk Sample Program. The Company stated that nearly 1,815 wet tons remains to be processed. Pretium informed that the final amount of gold production from the 10,000-tonne of material excavated for the Program will be announced at the end of processing and assaying which is expected by mid-December 2013. The Full Research Report on Pretium Resources Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/53ec_PVG
--
US Silica Holdings, Inc. Research Report
On November 6, 2013, US Silica Holdings, Inc. (US Silica) reported its Q3 2013 financial results. In Q3 2013, the Company achieved total revenue of $144.4 million, up 24.6% YoY. Q3 2013 net income was $21.3 million, or $0.40 per basic and diluted share, compared to $18.8 million, or $0.36 per basic and diluted share, in Q3 2012. Bryan Shinn, President and CEO of US Silica said, "U.S. Silica delivered another strong performance in the third quarter, once again demonstrating the effectiveness of our logistics-driven business model. I was particularly pleased to see the 600 basis point sequential increase in our oil and gas contribution margin dollars per ton. I am also very encouraged by the strong secular demand trends driven by increased drilling efficiencies and overall greater proppant use per well. We continue to be right on track to deliver our 2016 goal of doubling company adjusted EBITDA." The Full Research Report on US Silica Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/2c8f_SLCA
--
Hi-Crush Partners LP Research Report
On November 22, 2013, Hi-Crush Partners LP (Hi-Crush) announced the pricing of the secondary public offering of 702,851 common units representing limited partner interests in the Partnership by Hi-Crush Proppants LLC (Hi-Crush Proppants) at a price to the public of $31.15 per common unit. Hi-Crush informed that after giving effect to the sale of common units by Hi-Crush Proppants in the proposed offering, Hi-Crush Proppants will continue to own all of the Hi-Crush's incentive distribution rights, c.13.6 million subordinated units, and c.3.8 million Class B Units. The Partnership stated that it will not receive any proceeds from the sale of common units in the offering, which is expected to close on November 27, 2013 subject to customary closing conditions. The Full Research Report on Hi-Crush Partners LP - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/1483_HCLP
--
Molycorp, Inc. Research Report
On November 7, 2013, Molycorp, Inc. (Molycorp) reported its Q3 2013 financial results with consolidated net revenues of $149.1 million, representing an increase of 8.9% QoQ. Molycorp stated that the growth was due to higher product volumes and slightly higher average selling prices (ASPs) in the Chemicals and Oxides segment, as well as higher product volumes for its Magnetic Materials and Alloys segment. Net loss attributable to Molycorp stockholders stood at $69.9 million in Q3 2013, compared to net loss of $71.2 million, in Q2 2013. Loss per diluted share for the quarter was $0.43, compared to loss of $0.44 in Q2 2013. The Full Research Report on Molycorp, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/fad9_MCP
----
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts' Corner
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article