Shares of Freeport McMoRan Copper and Gold Inc (FCX) saw unusually high trading volume on Thursday. Approximately 18,930,470 shares changed hands during mid-day trading, an increase of 1.82% from the previous session. The stock last traded at $47.86.
The Toronto stock market was negative Wednesday as worries about how rising energy costs will affect the global economy punished mining stocks while crude oil prices again headed higher.
Starcore International Mines Ltd. (TSE:SAM) went up 10.53%, to close at $0.105 and its overall traded volume was 432,500.00 shares in the last trading session
Argentum Silver Corp. (TSX VENTURE:ASL) (“Argentum” or the “Company”) announces the grant of incentive stock options to certain directors, officers and consultants of the Company to purchase up to 600,000 common shares in the capital stock of the Company pursuant to an approved share option plan. The options are exercisable at a price of $0.31 per share on or before March 7, 2016, subject to the approval of the TSX Venture Exchange.
Southern Copper Corporation (USA) (NYSE:SCCO) ended at $40.73. Southern Copper Corporation is an integrated copper producer.
The stock has average daily volume of 1.86 million shares. At Todays closing market price, the market capitalization of the company stands at $34.62 billion.
Corsa Capital Ltd. (TSX VENTURE:CSO) (“Corsa”) is pleased to announce that Mr. Michael J. Harrison has agreed to join the Company’s Board of Directors, expanding Corsa’s Board to a total of nine members.
Cardero Resources Corp. (TSE:CDU) percentage change grew 7.89%, to close at $2.05 and its overall traded volume was 1.44M shares in the last trading session. CDU opened at $1.98 and is trading within the range of $1.91-$2.16. The stock has a 52 week low of $1.06 and 52 week high of $2.35. At current market price, the market capitalization of the company stands at $120.84M and it has 58.95M outstanding shares
Today (and every day, it seems) spot gold prices per ounce are on a tear. Gold investment and precious metal mining stocks have been surging in kind. This includes gold miners like Goldcorp (NYSE: GG) and Rangold (NASDAQ: GOLD) to physical gold or silver investments like the SPDR Gold Trust ETF (NYSE: GLD) or the iShares Silver Trust ETF (NYSE: SLV).
Goldcorp Inc. (GG – Analyst Report) increased its monthly dividend for 2011 to $0.034 per share, an 11% increase over the prior dividend. The dividend is payable on March 25, 2011 to shareholders of record as of March 17, 2011. Goldcorp has been paying a monthly dividend to its shareholders since 2003.
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