On Thursday, Shares of New Gold Inc. (USA)(NYSEMKT:NGD), subtract -1.24% and closed at $3.97 in the last trading session. The last trading range of the stock ranges between $3.87 and $4.11. New Gold Inc. (“New Gold”) (NGD) (NYSE MKT:NGD) recently provides an update on the company’s Rainy River project, located in northwestern Ontario, where it is hosting an shareholder and analyst tour on October 5, 2016. A copy of the shareholder and analyst tour presentation will be available tomorrow on the company’s website.
The company is also happy to declare that New Gold has further improved its financial flexibility by increasing the size of the company’s revolving credit facility by $100 million to $400 million and extending the increase in the facility’s associated Net Debt to EBITDA (“Leverage Ratio”) covenant to the end of 2017. Further, New Gold has reached additional gold price option contracts through mid-2017 to increase the cash flow certainty from its four producing mines.
Cabelas Inc (NYSE:CAB), dropped -0.36% and closed at $63.15 in the last trading session. The last trading range of the stock ranges between $63.14 and $63.46. The company’s Market capitalization is $4.32 Billion with the total Outstanding Shares of 68.47 million. Cabelas Incorporated operates as a specialty retailer and direct marketer of hunting, fishing, camping, and related outdoor merchandise. The company operates through Retail, Direct, and Financial Services segments. The Retail segment sells products and services through its retail stores The Direct segment sells products through its e-commerce websites, counting Cabelas.com and Cabelas.ca; and direct mail catalogs. The Financial Services segment issues Cabelas CLUB Visa credit card, a rewards based credit card program; and certificates of deposit, in addition to underwrites credit statistics. This segment offers its Cabelas CLUB Visa credit card through various channels, counting retail stores, Website, inbound telemarketing, and catalogs. The companys product assortment includes hunting equipment, such as firearms, ammunition, optics, archery products, and related accessories and supplies; and field wear apparel and footwear, sportswear apparel and footwear, casual apparel and footwear, and workwear products. Its product assortment also comprises equipment and accessories for various outdoor activities, counting fishing and tackle products; boats, electronics, and marine accessories and equipment; camping gear and equipment; food preparation and outdoor cooking products; all-terrain vehicles and accessories; and gifts and home furnishings.
Philip Morris International Inc. (NYSE:PM), lost -0.04% and closed at $95.64 in the last trading session. The last trading range of the stock ranges between $95.00 and $98.04. During the 52-week trading session the minimum price at which share price traded, registered at $81.55and reached to max level of $104.20. Philip Morris International Inc.’s (NYSE/Euronext Paris: PM) senior administration reviews the company’s business outlook and long-term growth strategies at a two-day shareholder meeting starting recently at its Operations Center in Lausanne, Switzerland.
“The core components of our business model hold great promise for our shareholders and our broader stakeholder base. We will continue to lead the combustible product category, leveraging the great strengths of our existing business to deliver against our current growth algorithm,” said André Calantzopoulos, Chief Executive Officer.
“We aim to become the undisputed leader of the Reduced-Risk Product category with the highly ambitious objective of having RRPs eventually replace combustible products to the benefit of adult smokers, society and our company.”