On Friday, Shares of Hecla Mining Company (NYSE:HL), added 1.35% and closed at $5.24 in the last trading session. The last trading range of the stock ranges between $5.14 and $5.41. The company’s Market capitalization is $2.10 Billion with the total Outstanding Shares of 395.48 million. During the 52-week trading session the minimum price at which share price traded, registered at $1.45 and reached to max level of $7.26. Hecla Mining Company, together with its auxiliaries, discovers, acquires, develops, produces, and markets precious and base metal deposits worldwide. The company offers unrefined gold and silver bullion bars to precious metals traders; and lead, zinc, and bulk concentrates to custom smelters and brokers. It owns 100% interests in the Greens Creek mine located on Admiralty Island in Southeast Alaska; the Lucky Friday unit located in the Coeur dAlene mining district in northern Idaho; the Casa Berardi mine located in the Abitibi region of north-western Quebec, Canada; and the San Sebastian unit located in the state of Durango, Mexico.
Noble Corporation Ordinary Shares (UK)(NYSE:NE), dropped -2.38% and closed at $6.14 in the last trading session. The last trading range of the stock ranges between $6.09 and $6.39. The company’s Market capitalization is $1.49 Billion with the total Outstanding Shares of 243.22 million. During the 52-week trading session the minimum price at which share price traded, registered at $5.09 and reached to max level of $14.64. Noble Corporation plc (NE) recently declared it plans to report financial results for the third quarter 2016 on Thursday, November 3, 2016, after the close of trading on the New York Stock Exchange. Copies of the Company’s press release will be available on the Noble Website.
Noble also has planned a conference call and webcast related to its third quarter 2016 results on Friday, November 4, 2016, at 8:00 a.m. U.S. Central Daylight Time. Interested parties are invited to listen to the call by dialing 1-877-201-0168, or internationally 1-647-788-4901, using access code: 89706715, or by asking for the Noble Corporation plc conference call. Interested parties may also listen over the Internet through a link posted in the Shareholder Relations section of the Company’s Website.
On the other hand share Barclays PLC (ADR)(NYSE:BCS), lost -2.61% and closed at $8.58 in the last trading session. The last trading range of the stock ranges between $8.47 and $8.65. The company’s Market capitalization is $36.17 Billion with the total Outstanding Shares of 16.91 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $6.76 and reached to max level of $15.81. Barclays Bank PLC (“Barclays”) declared recently that the iPath® MSCI India IndexSM Exchange-Traded Notes (the “ETNs”) have been determined to be subject to certain regulations and recent circulars issued by the Securities and Exchange Board of India (“SEBI”) regardingoffshore derivative instruments linked to Indian equity securities. These regulations and circulars include requirements that cannot be complied with in the context of the ETNs. As a result, SEBI has advised Barclays not to issue additional ETNs and that the positions being held in the ETNs may only continue until December 31, 2020.
Barclays formerly restricted further sales from inventory and further issuances of the ETNs in 2009. Barclays is presently considering steps to comply with the SEBI decision by December 31, 2020 and will make a further declarement in due course. These steps may result in the ETNs ceasing to be listed and publicly traded.
This declarement may cause fluctuations in the price of the ETNs in the secondary market, and it is possible that the market price of the ETNs may at any time reflect a premium or a discount to the daily redemption value of the ETNs. Shareholders should exercise extreme caution before purchasing or selling ETNs at a time when market prices are volatile or when a premium or discount to the daily redemption value exists.