Stock Highlights: ArcelorMittal SA (ADR) (NYSE:MT), Eldorado Gold Corporation (NYSE:EGO), CatchMark Timber Trust (NYSE:CTT), Resource America (NASDAQ:REXI), CKX Lands Inc. (NYSEMKT:CKX)


Citigroup Inc. downgraded shares of ArcelorMittal SA (NYSE:MT) from a buy rating to a neutral rating in a research note released on Tuesday morning, TheFlyOnTheWall.com reports. ArcelorMittal SA (ADR) (NYSE:MT) in last trading activity advanced 1.22% to close at $12.45. Company weekly performance is 2.22% while its quarterly performance stands at -11.76%. ArcelorMittal SA (ADR) (NYSE:MT) is -30.52% away from its 52 week high.

Eldorado Gold Corporation (NYSE:EGO) on 30 October reported Net income attributable to shareholders of the Company for the quarter was $19.8 million (or $0.03 per share), compared with $36.4 million (or $0.05 per share) in the third quarter of 2013. Net income was impacted by a non-cash $7.6 million iron ore inventory write-down related to Vila Nova. Gold revenues of $241.2 million were nine percent lower year over year due to lower gold prices and ounces sold. Gross profit from gold mining operations was seventeen percent lower than that of the third quarter of 2013 reflecting lower profit margins and sales volumes. Total cash cost per ounce increased three percent year over year. Adjusted net earnings were $36.1 million or $0.05 per share compared with $54.4 million or $0.08 per share in the third quarter of 2013. On last trading day Eldorado Gold Corporation (NYSE:EGO) advanced 4.10% to close at $6.60. Its volatility for the week is 7.21% while volatility for the month is 5.96%. EGO’s sales growth for past 5 years was 31.30% and its EPS growth for past 5 years was -31.80%. Eldorado Gold Corporation (NYSE:EGO) monthly performance is -7.56%.

Catchmark Timber Trust (NYSE:CTT) declared a quarterly dividend on Monday, November 17th, Stock Ratings Network.com reports. Shareholders of record on Wednesday, November 26th will be given a dividend of 0.125 per share on Monday, December 15th. This represents a $0.50 dividend on an annualized basis and a yield of 4.58%. The ex-dividend date of this dividend is Monday, November 24th. On last trading day CatchMark Timber Trust, Inc. (NYSE:CTT) advanced 1.28% to close at $11.05. Its volatility for the week is 3.69% while volatility for the month is 2.59%. CTT’s sales growth for past 5 years was -7.90% and its EPS growth for past 5 years was 29.70%. CatchMark Timber Trust, Inc. (NYSE:CTT) monthly performance is -1.07%.

Third Quarter 2014 Results Resource America, Inc. (NASDAQ:REXI) on 5 November reported adjusted net income attributable to common shareholders, a non-GAAP measure, of $2.8 million, or $0.13 per common share-diluted, and $9.7 million, or $0.44 per common share-diluted, for the three and nine months ended September 30, 2014 as compared to adjusted net income attributable to common shareholders of $4.3 million, or $0.20 per common share-diluted, and $7.2 million, or $0.33 per common share-diluted, for the three and nine months ended September 30, 2013, respectively. Resource America, Inc. (NASDAQ:REXI) has 10.30% insider ownership while its institutional ownership stands at 46.80%. In last trading activity company’s stock closed at $9.29.

CKX Lands Inc. (NYSE:CKX) declared a quarterly dividend on Tuesday, November 11th, Analyst Ratings Network.com reports. Investors of record on Thursday, November 20th will be given a dividend of 0.07 per share on Friday, December 5th. This represents a $0.28 dividend on an annualized basis and a yield of 1.77%. On Tuesday shares of CKX Lands Inc. (NYSEMKT:CKX) closed at $15.88. Company’s sales growth for last 5 years was -8.60%.


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