What's new in the Basic Industries Sector? Complementary Research on Endeavour Silver, SINOPEC, Asanko Gold, Tantech Holdings and Northwest Pipe
Apr 30, 2015, 08:30 ET
NEW YORK, April 30, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Moments ago, Analysts Review released new research updates concerning several important developing situations including Endeavour Silver Corporation (NYSE: EXK), SINOPEC Shanghai Petrochemical Co. Ltd. (NYSE: SHI), Asanko Gold Inc. (AMEX: AKG), Tantech Holdings Ltd. (NASDAQ: TANH), and Northwest Pipe Company (NASDAQ: NWPX). 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.
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Today's update concerns the following companies:
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Full PDF Download Links (you may have to copy and paste the following links into your browser):
EXK Research Report: ( http://get.analystsreview.com/pdf/?c=Endeavour%20Silver&d=30-Apr-2015&s=EXK ),
SHI Research Report: ( http://get.analystsreview.com/pdf/?c=SINOPEC&d=30-Apr-2015&s=SHI ),
AKG Research Report: ( http://get.analystsreview.com/pdf/?c=Asanko%20Gold&d=30-Apr-2015&s=AKG ),
TANH Research Report: ( http://get.analystsreview.com/pdf/?c=Tantech%20Holdings&d=30-Apr-2015&s=TANH ),
NPWX Research Report: ( http://get.analystsreview.com/pdf/?c=Northwest%20Pipe&d=30-Apr-2015&s=NPWX ).
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Analyst Update: Operational Results, Production Updates, Merger Speculation, Public Offering, and Scheduled Earnings Release
Reviewed by: Rohit Tuli, CFA®
U.S. stocks fell on Wednesday as disappointing US economic data weighed on investor sentiment. The NASDAQ Composite slipped 0.63% to 5,023.64, the Dow Jones Industrial Average lost 0.41%, to close at 18,035.53, and the S&P 500 ended the session at 2,106.85, down 0.37%. European stocks stumbled on Wednesday caused by a sharp surge in the value of the euro against US dollar. Germany's DAX 30 witnessed the biggest point decline since October 2008, down 378.94 points, or 3.21%. Also, France's CAC 40, and London's FTSE 100 dropped 2.6% and 1.2%, respectively on Wednesday. Meanwhile, Asian markets mostly closed lower on Wednesday. Australia's S&P ASX and Hong Kong's Hang Seng index both slipped on Wednesday, while the Shanghai Composite Index saw modest gains. The Nikkei was closed on Wednesday due to the annual Showa Day holiday.
Endeavour Silver Corporation posted strong silver and gold production results in Q1 2015. On April 8, 2015, the Company reported strong production numbers from its three operating silver mines in Mexico: the Guanaceví mine in Durango State and the Bolañitos and El Cubo mines in Guanajuato State.
On April 27, 2015, Bloomberg reported that shares of PetroChina Co. and China Petroleum & Chemical Corp., China's two largest oil explorers ended the day significantly higher on speculation that the government is considering consolidating the industry.
Asanko Gold Inc. came out with a construction update on its gold mine in Ghana. The announcement made by the Company on April 9, 2015 says that project construction continues to advance rapidly and is on schedule with 43% of the overall project complete, as at the end of March 2015.
On March 24, 2015, Tantech Holdings Ltd announced the pricing of its IPO of 3,200,000 shares of its common stock at a price to the public of $4 per share for a total of $12,800,000 before offering expenses.
Northwest Pipe Company announced that it intends to release first quarter 2015 results after market close on May 5, 2015. In the announcement that the Company made on April 22, 2015, it also mentioned that a teleconference call is scheduled on May 6, 2015 to discuss the financial results.
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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.
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.
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