Dallas, TX -- (SBWIRE) -- 03/07/2013 -- Marketbuzzreport.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Celsion Corporation (NASDAQ:CLSN) shares gained 4.63% to $1.03. The company, on Feb. 22, announced that it has received commitments from institutional investors to purchase an aggregate of $15 million of the Company's securities in an at-the-market registered direct offering, led by a dedicated health care fund.
Additionally, the company entered into definitive purchase agreements with these investors pursuant to which the Company agreed to sell an aggregate of 15,000 shares of its zero coupon preferred stock (which are convertible into a total of approximately 12.1 million shares of common stock) and warrants potentially exercisable for up to approximately 6.0 million additional shares of its common stock.
How Should Investors Trade CLSN AfterThe Recent Price movement? Find out Here
Silver Wheaton Corp. (USA) (NYSE:SLW) shares increased 4.56% and closed at $31.62. The company last month announced that it has entered into a binding term sheet to acquire from a subsidiary of Vale S.A. (Vale) an amount of gold equal to 25% of the life of mine gold production from its Salobo Mine, located in Brazil, as well as 70% of the gold production, for a 20-year term, from certain of its Sudbury Mines located in Canada.
Is SLW a Strong Buying Opportunity After The Recent Slump? Find out Here
Agnico-Eagle Mines Limited (USA) (NYSE:AEM) shares climbed 4.46% to $40.29. AEM’s stock was upgraded by analysts at Salman Partners from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Feb. 19.
The company, on Feb. 13, announced that for fiscal 2013 it expects payable gold production to be within the range of 970,000 ounces to 1,010,000 ounces. Total cash costs per ounce in 2013 are expected to be in the range of $700 to $750.
The company also announced that its Board of Directors has approved the payment of a quarterly cash dividend up 10% of $0.22 per common share. The next dividend will be paid on March 15, 2013 to shareholders of record as of March 1, 2013.
Is AEM a Buy After The Latest Price Action? Find Out Here
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