NEW YORK, January 20, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Quest (NYSEMKT: QRM), Rare Element (NYSEMKT: REE), Revett (NYSEMKT: RVM), Richmont (NYSEMKT: RIC), and Rubicon (NYSEMKT: RBY). 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):
QRM Research Report: ( http://get.analystsreview.com/pdf/?c=Quest&d=20-Jan-2015&s=QRM ),
REE Research Report: ( http://get.analystsreview.com/pdf/?c=Rare%20Element&d=20-Jan-2015&s=REE ),
RVM Research Report: ( http://get.analystsreview.com/pdf/?c=Revett&d=20-Jan-2015&s=RVM ),
RIC Research Report: ( http://get.analystsreview.com/pdf/?c=Richmont&d=20-Jan-2015&s=RIC ),
RBY Research Report: ( http://get.analystsreview.com/pdf/?c=Rubicon&d=20-Jan-2015&s=RBY ).
Analyst Update: Agreements, Quarterly Earnings, and Project Updates
Reviewed by: Rohit Tuli, CFA®
The European stocks rose for the third straight session on Monday amid rising expectations that the European Central Bank will unveil a bond-buying programme this week to save the Euro zone from deflation. Riding high on the hopes of a massive QE rollout, investors also shrugged off uncertainty looming over upcoming Greek election. A recent Reuters' poll showed that 18 out of 20 traders expect the ECB will announce a €600 billion sovereign QE programme this week. The Stoxx Europe 600 index added 0.2% to close at 353.18. US markets remained closed for a public holiday. In Asia, markets ended mostly higher, tracking a rally on Wall Street and a rebound in the oil prices, but China's Shanghai Composite was an exception. The Chinese benchmark index fell over 7% on Monday, marking its biggest-one day drop since 2008 financial crisis, after the country's regulators cracked down on speculative lending.
Quest Rare Minerals Ltd. (Quest) has signed an MoU with Fednav Limited ("Fednav") to develop and deliver shipping solutions for Quest's Strange Lake Project (the "Project").
Rare Element Resources Ltd. (Rare Element), an exploration stage company, said its third quarter 2014 loss reduced to $3.6 million, or $0.08 per share, from a net loss of $6.9 million, or $0.15 per share, for the same period in 2013. One of the key drivers behind the lower year-over-year loss was the decrease in exploration and evaluation expense, due to a shift from exploration activities to development-related activities.
Revett Mining Company, Inc. (Revett) announced its third quarter 2014 financial results and provided an update on Troy Mine operations and Rock Creek permitting.
Richmont Mines, Inc. (Richmont) announced that its 2014 gold production jumped 45% YoY to 95,208 ounces. The Company generated the second highest level of gold sales in its more than 20 years of history. Richmont also provided production guidance for 2015.
Rubicon Minerals Corp. (Rubicon) announced the completion of its 38,000-metre infill drilling program from the 244-metre level that resulted in mineral discoveries within the F2 Deposit and to the north and south of the main zone. Further, Rubicon informed it has commenced a surface drilling program to test the potential northern extension of the F2 Deposit.
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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
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