Argonaut Gold (AR.TO) today announced that profits for the quarter more than doubled to $9.1 million, or 9 cents per share, from $4.1 million, or 7 cents per share, in the same period last year. Revenue increased by 74 percent to $34.6 million, and the company sold 20,468 ounces of gold during the quarter, versus 14,414 ounces in the same period last year. Production increased by 8 percent to 19,698 ounces in the quarter.
Shares are higher by about 3.9 percent.
Commodity supply chain company MFC Industrial (NYSE:MIL) announced that net earnings for 2011 were $12.2 million for 2011. Excluding the effects of one-time and non-cash discretionary expenses amounting to $21.9 million, net earnings were $34.1 million. Revenues were $481.7 million for the year ended December 31, 2011, compared to $76.5 million for the same period in 2010.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
I absolutely consider this site the most important
Launch related slideshow:
Wednesday 6/19 Insider Buying Report: MVC
Tuesday 6/18 Insider Buying Report: CTSH
Tuesday 6/18 Insider Buying Report: PAY, XLS
Subscription Revenue Climbs at Adobe
Earnings Slump at FedEx in Fiscal Q4
Daily Wrap: June 18, 2013
New Analyst Coverage: ING, KO, SPN
Analyst Moves: AIG, ADBE, BLL
Analyst Moves: BBRY, CLF, AEO
Wednesday Sector Leaders: Real Estate, Oil & Gas Refining & Marketing Stocks
Wednesday Sector Laggards: Waste Management, General Contractors & Builders
Tuesday Sector Leaders: Agriculture & Farm Products, Entertainment
FXI, FPA: Big ETF Outflows
XLE, IPD: Big ETF Inflows
Tuesday's ETF with Unusual Volume: IWX
Daily Dividend Report: FITB, IVR, AMTG, SUI, USB
Daily Dividend Report: SRE, LLY, AMAT, RL, PETM
Daily Dividend Report: CHK, SRC, KCAP, ROP, CPT
Jobless Claims Fall to New Five Year Low
US Employers Add 175k in May
Jobless Claims Fall By 11,000
Weekly Market Wrap: June 14, 2013
Weekly Market Wrap: June 7, 2013
Weekly Market Wrap: May 31, 2013
Week Ahead Market Report: June 17, 2013
Week Ahead Market Report: June 10, 2013
Week Ahead Market Report: June 3, 2013