Market Currents
Endeavour Silver (EXK -3.7%) gives back yesterday's gains after AuRico Gold (AUQ +1.7%) says it...
-
Wednesday, October 17, 2012, 10:32 AM ETEndeavour Silver (EXK -3.7%) gives back yesterday's gains after AuRico Gold (AUQ +1.7%) says it sold its ~11.1% equity interest in the company (11M common shares). EXK had announced Q3 production increases of 33% in silver and 139% in gold Y/Y; revenues rose 34% due to the higher metal production and the partial sale of bullion inventory.
Other date
Latest Commodities Articles
This news story has 4 comments:
EXK of 2011 annual and Quaterly of 2012. Maybe that AUQ had the same idea and had no complete confidence in EXK, so took the minimum risk by selling its stake.