| Rio Posts Weak 2014 Results, Falls Y/Y on Market Headwinds - Analyst Blog | |
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Rio Tinto plc (RIO) reported weak financial results for 2014. Backed by lower costs and increased volumes, the company’s underlying earnings came in at $9.3 billion. However, the figure missed the year-ago tally of $10.2 billion by 9%.Underlying earnings per ADR came in at $5.03 against $5.53 a year ago. Balance Sheet/Cash Flow: Exiting 2014, cash and cash equivalents amounted to $12.4 billion, up from $10.2 billion at the end of 2013. Long-term borrowings and other financial liabilities were recorded at $22.5 billion, compared with $24.6 billion at 2013-end. Net cash flow from operating activities in 2014 was $14.3 billion compared with $15.1 billion in the preceding year. Capital expenditure decreased to $8.2 billion in 2014 from $13.0 billion in 2013. In 2014, Rio Tinto paid dividend of $2.15 per share, a 12% increase from $1.92 paid in 2013. In 2015, the company expects $750 million of cash cost improvements, while its capital expenditure is projected at less than $7 billion. Other Stocks to Consider
With a market capitalization of $87.21 billion, Rio Tinto carries a Zacks Rank #5 (Strong Sell). Some better-ranked stocks in the industry include Denison Mines Corp. (DNN), Dominion Diamond Corp. (DDC) and McEwen Mining Inc. (MUX). All the three stocks currently hold a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RIO TINTO-ADR (RIO): Free Stock Analysis Report DOMINION DIAMND (DDC): Free Stock Analysis Report DENISON MINES (DNN): Free Stock Analysis Report MCEWEN MINING (MUX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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McEwen Mining
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PRODUCTEUR |
CODE : MUX |
ISIN : US58039P1075 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
McEwen Mining est une société développant des projet miniers d'or basée au Canada. McEwen Mining est productrice d'or, d'argent au Mexique et en Argentine, en développement de projets d'argent et d'or au Mexique, et détient divers projets d'exploration au Mexique. Ses principaux projets en production sont MAGISTRAL MINE au Mexique et SAN JOSE ARGENTINA en Argentine, son principal projet en développement est EL GALLO MEXICO au Mexique et ses principaux projets en exploration sont PALMARITO, GOLD PICK AND GOLD RIDGE, TONKIN PROJECT et MAGISTRAL au Mexique et LOS AZULES ARGENTINA et LIMO en Argentine. McEwen Mining est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 3,8 milliards US$ (3,6 milliards €). La valeur de son action a atteint son plus bas niveau récent le 29 juillet 2022 à 0,32 US$, et son plus haut niveau récent le 19 avril 2024 à 11,22 US$. McEwen Mining possède 337 054 594 actions en circulation. |