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Stocks Swing on News: Scorpio Bulkers Inc. (NYSE:SALT), IAMGOLD Corp. (NYSE:IAG), Hecla Mining Co. (NYSE:HL)

Stocks Swing on News: Scorpio Bulkers Inc. (NYSE:SALT), IAMGOLD Corp. (NYSE:IAG), Hecla Mining Co. (NYSE:HL)
Written by
Ryan Mitchell
Published on
October 21, 2014
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Scorpio Bulkers Inc. (NYSE:SALT) released that it has received commitments from a group of financial institutions for a loan facility of around $411.264M. The Facility shall mature 6 years from the delivery of the final vessel securing the Facility, however not later than June 2022, and in certain circumstances the Facility shall mature 12 years after the delivery of each financed vessel. Scorpio Bulkers Inc. (NYSE:SALT) has the market capitalization of 660.9 Million. Shares of firm moved up 2.27% to close at $4.96 with the total traded volume of 1.24 Million. The firm has current ratio of 4.60 for the most recent quarter.IAMGOLD Corp. (NYSE:IAG) released that additional drilling results from its 100 percent owned Boto Gold Project in eastern Senegal, West Africa. The firm is released assay results from 36 diamond drill holes totaling over 9,200 metres completed year to date during the 2014 exploration program. IAMGOLD Corp. (NYSE:IAG) begun last trade with a price of $2.40 and throughout the trading session climbed at a high of $2.48. The day-trade ended with 2.97% to $2.43. The stock is going forward to its 52 week low with 9.46% and lagging behind from its 52 week high price with -56.53%. IAG last month stock price volatility remained 6.23%.Hecla Mining Co. (NYSE:HL) released preliminary production results for the third quarter ending September 30, 2014. Greens Creek's third quarter production of 1.9M ounces of silver surpassed the second quarter production of 1.7M ounces as well as the third quarter 2013 production of 1.8 million ounces and remains at the high end of the mine's expected annual production range of 6.5 to 7.0 million ounces of silver. Hecla Mining Co. (NYSE:HL) stock price closed at $2.47 with the total traded volume of 6.51 Million shares. Its price to sales ratio ended at 1.86. Its market capitalization is 863.3 Million. The stock owned by the Financial Institutions was 50.00% while by insiders was 0.50%.

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