Orlando, FL -- (SBWIRE) -- 09/16/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Hecla Mining Company(NYSE:HL), ReneSola Ltd. (ADR) (NYSE:SOL).
Hecla Mining Company(NYSE:HL) shares gained 1.27% to $3.18. The company will begin trading ex-dividend on August 22, 2013. A cash dividend payment of $0.0025 per share is scheduled to be paid on September 03, 2013. Shareholders who purchased HL stock prior to the ex-dividend date are eligible for the cash dividend payment.
Additionally, the company’s CEO and President, Mr. Phillips S. Baker, Jr., spoke at the Bank of America Merrill Lynch 19th Annual Canada Mining Conference in Toronto on Thursday, September 12, at 2:00 p.m. EDT. Mr. Baker will present an overview of Hecla's second quarter 2013 operating results and the Company's outlook for the remainder of 2013.
Gross margin narrowed a hair to 41.8% from 41.9% even as input costs edged down 0.6%.
Are investors worried about the recent updates with HL? Find out with a free trend analysis HERE
ReneSola Ltd. (ADR) (NYSE:SOL) shares declined 1.40% to $4.24. The company on Sept. 11 announced the pricing of a registered direct offering of approximately $70 million in American Depositary Shares ("ADSs"), each representing two shares of the Company, at a price of $4.67 per ADS. Investors will also receive 35% warrant coverage in the offering with an initial exercise price of $6.04 per ADS or $3.02 per share. The warrants will expire four years from the date of issuance.
Additionally, the company on August 30 said its second-quarter loss narrowed, benefiting from higher selling prices of solar wafers and modules. For the period ended June 30, the company lost $21.1 million, or 24 cents per American depositary share. That compares with a loss of $34.8 million, or 40 cents per ADS, a year ago. Revenue soared 62% to $377.4 million from $233 million.
Looking forwatd, the company anticipates third-quarter revenue of $360 million to $380 million.
Is SOL going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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