NEW YORK, January 19, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Midway (NYSE: MDW), Minco Gold (NYSE: MGH), Mines Management (NYSE: MGN), Mountain Province (NASDAQ: MDM), and Nevsun (NYSE: NSU). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
To access our full PDF reports on a complementary basis, please visit the links below.
Today's update concerns the following companies:
Full PDF Download Links (you may have to copy and paste the following links into your browser):
MDW Research Report: ( http://get.analystsreview.com/pdf/?c=Midway&d=19-Jan-2015&s=MDW ),
MGH Research Report: ( http://get.analystsreview.com/pdf/?c=Minco%20Gold&d=19-Jan-2015&s=MGH ),
MGN Research Report: ( http://get.analystsreview.com/pdf/?c=Mines%20Management&d=19-Jan-2015&s=MGN ),
MDM Research Report: ( http://get.analystsreview.com/pdf/?c=Mountain%20Province&d=19-Jan-2015&s=MDM ),
NSU Research Report: ( http://get.analystsreview.com/pdf/?c=Nevsun&d=19-Jan-2015&s=NSU ).
Analyst Update: Appointments, Financial Results, Agreements, Upcoming Events, and Operating Performance
Reviewed by: Rohit Tuli, CFA®
The U.S. market snapped its five-day long losing streak on Friday, helped by rebound in the energy shares and a jump in the consumer sentiment index to 11-year high levels. The University of Michigan preliminary consumer sentiment index for January 2015 rose to 98.2, beating the median forecast of 94.1 that came from economists surveyed by Bloomberg. Energy stocks rallied sharply on Friday, following a rise in the oil prices, helping the S&P 500 index gain 1.34% to close at 2,019.42. The Dow Jones Industrial Average rose 1.10% to close at 17,511.57, and the Nasdaq Composite gained 1.39% to close at 4,634.38. Meanwhile, European equity markets closed mostly higher on Friday, while Swiss market remained under pressure after the Swiss National Bank's move to scrap its three-year old ceiling on franc. In Asia, the markets ended mostly lower as investors fled to safe-haven assets after the Swiss central bank's move.
William M. Zisch at the helm of affairs of Midway Gold Corporation (Midway) as its new President and CEO after Ken Brunk retired from the Company on December 11, 2014. Recently, the Company announced that it has made an initial draw of $18 million on the project finance facility that was closed July 21, 2014 with Commonwealth Bank of Australia.
Minco Gold Corporation (Minco Gold) reported Q3 2014 and 9M 2014 financial results. Minco Gold is an exploration stage company and therefore has no source of revenue. The Company has developed an extensive project portfolio to date, which currently comprises of 13 exploration permits, all within China.
Mines Management Inc (Mines Management) reported a loss of $1.5 million for Q3 2014 and the Company has no revenues from mining operations. Mines Management recorded a $0.1 million gain in other income resulting from the sale of the Company's interest in an oil and gas lease during the quarter ended September 30, 2014.
Mountain Province Diamonds Inc. (Mountain Province) announced that the Company and De Beers Canada Inc. have entered into an impact benefit agreement (IBA) with the Deninu Kué First Nation for the proposed Gahcho Kué diamond mine.
Vancouver-based mining Company, Nevsun Resources Limited (Nevsun) ended 2014 on a high note by delivering at the top end of its production guidance. Meanwhile, the Company said it will participate in the 2015 TD Securities Mining Conference to be held in Toronto on January 27-28, 2015.
About Analysts Review
At Analysts Review, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.
Analysts Review was designed for investors. By providing the best information available, we have set ourselves apart as one of the premier online investor communities.
Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
Further Resources: For more information about this release including editorial notes, compliance procedures and legal disclosures, please visit: http://www.analystsreview.com/editors
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts Review