On Monday, Shares of Transocean LTD (NYSE:RIG), added 2.51% and closed at $10.63 in the last trading session. The last trading range of the stock ranges between $10.14 and $10.70. The company’s Market capitalization is $3.84 Billion with the total Outstanding Shares of 365.49 million. During the 52-week trading session the minimum price at which share price traded, registered at $7.66 and reached to max level of $15.20. The EPS of company is strolling at 3.21. Alerian declared recently that Transocean Partners (RIGP) is expected to be removed from the Alerian Small Cap MLP Index (AMSI) in a special rebalancing.
Special rebalancings are triggered by corporate actions such as mergers, bankruptcies, and liquidations. Pending unitholder approval, RIGP will cease to trade because of its merger with Transocean (RIG). If approved, the rebalancing will take place one trading day after the issuance of a press release indicating that all needed merger votes have passed.
The index will be rebalanced in accordance with its existing methodology. Constituent additions to and deletions from the index do not reflect an opinion by Alerian on the investment merits of the respective securities.
Shares of Goldcorp Inc. (USA) (NYSE:GG), jumped 1.60% and closed at $13.35 in the last trading session. The last trading range of the stock ranges between $12.69 and $13.54. The company’s Market capitalization is $10.73 Billion with the total Outstanding Shares of 853.66 million. During the 52-week trading session the minimum price at which share price traded, registered at $9.46 and reached to max level of $20.38. The EPS of company is strolling at -5.07. Cariboo Rose Resources Ltd. (TSX VENTURE: CRB) (“Cariboo Rose”) and Casino Mining Corp. (“Casino Mining”), a wholly owned partner of Western Copper and Gold Corp. (WRN) (NYSE MKT: WRN) (“Western”) have reached a contract (the “Purchase Agreement”) whereby Cariboo Rose will exercise its option to acquire 55 mineral claims known as the Casino “B” Claims, and Casino Mining will purchase nine of the Casino “B” Claims in return for 500,000 common shares of Western.
The Casino “B” Claims are under option to Cariboo Rose by way of an option agreement reached in May 2000 by previous owners of the Casino Project. Cariboo Rose has now substantially met all obligations contained in the option agreement, but the agreement requires Cariboo Rose to wait until May 2020 to exercise the option.
Following the Purchase Agreement, Cariboo Rose will be deemed to have exercised its right to buy the 55 Casino “B” claims on the closing date, receive 500,000 common shares of Western, and be granted reasonable right to access its Canadian Creek project over Casino Mining’s mineral claims. In return, Western will acquire nine (9) of the Casino “B” Claims and will have a right of first refusal on the other 46 Casino “B” Claims.