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EGO, GGB, GFI – Noticeable Stocks at NYSE Basic materials Sector by CRWEFinance.com


Eldorado Gold Corporation (NYSE:USA) (NYSE: EGO) advanced 1.35% to close at $17.25 EGO traded 4.52 million shares for the day. Its earning per share remained $0.36.Eldorado Gold Corporation (Eldorado) is engaged in gold mining and related activities including exploration, development, extraction, processing and reclamation. The Company owns and operates the Kisladag gold mine (Kisladag) in Turkey, the Tanjianshan (TJS) (90% interest), Jinfeng (82% interest) and White Mountain (95% interest) gold mines in China, and it is developing gold projects in China (Eastern Dragon), Turkey (Efemcukuru) and Greece (Perama Hill). Eldorado also holds an iron ore project in Brazil (Vila Nova). Its main subsidiaries include Tüprag Metal Madencilik Sanayi ve Ticaret Anonim Sirketi, Qinghai Dachaidan Mining Ltd.,

Gerdau SA (ADR) (NYSE: GGB) decreased 0.71% to close at $12.62 GGB traded 6.71 million shares for the day. Its earning per share remained $1.06.Gerdau S.A. (Gerdau) is a producer of long rolled steel. Gerdau operates steel mills that produce steel by direct iron-ore reduction (NYSE:DRI) in blast furnaces and in electric arc furnaces (NYSE:EAF). In Brazil it operates four integrated steel mills, including its mill, Ouro Branco unit, an integrated steel mill located in the state of Minas Gerais. The Company has a total of 59 steel producing units globally, including joint ventures and associate companies. The joint ventures include a unit located in the United States for the production of flat rolled steel and another unit in India. The associate companies are Aceros Corsa S.A. de C.V. (Aceros Corsa) in Mexico, Corporacion Centroamericana del Acero S.A. (Corporacion Centroamericana del Acero) in Guatemala and Industrias Nacionales (INCA) in the Dominican Republic.

Gold Fields Limited (ADR) (NYSE: GFI) advanced 2.26% to close at $15.41 GFI traded 3.62 million shares for the day. Its earning per share remained $0.68.Gold Fields Limited (Gold Fields) is a producer of gold and holder of gold reserves in South Africa, Ghana, Australia and Peru. In Peru, Gold Fields also produces copper. Gold Fields is primarily involved in underground and surface gold and copper mining and related activities, including exploration, extraction, processing and smelting. Gold Fields also has an interest in a platinum group metal exploration project. The majority of Gold Fields' operations, based on gold production, are located in South Africa.

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