Controlled Production and Improved Efficiency Sustain Profitability despite Low Prices - Research Report on Randgold, Royal

 Controlled Production and Improved Efficiency Sustain Profitability despite
 Low Prices - Research Report on Randgold, Royal Gold, First Majestic, Hecla,
                              and Franco-Nevada

PR Newswire

NEW YORK, August 21, 2013

NEW YORK, August 21, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting Randgold
Resources Ltd. (ADR) (NASDAQ: GOLD), Royal Gold, Inc. (NASDAQ: RGLD), First
Majestic Silver Corp. (NYSE: AG), Hecla Mining Company (NYSE: HL), and
Franco-Nevada Corporation (NYSE: FNV). Today's readers may access these
reports free of charge - including full price targets, industry analysis and
analyst ratings - via the links below.

Randgold Resources Ltd. (ADR) Research Report

On August 7, 2013, Randgold Resources Ltd. (ADR) (Randgold) announced that
increased production and reduced costs should help the Company to remain
profitable given the decreased gold price. According to Mark Bristow, CEO of
Randgold, the Company's business model was designed to deliver returns at
lower gold prices, and it therefore has not been forced to write down its
reserves as these had been calculated at $1,000/oz. Bristow added, "Our giant
Kibali project is scheduled to start gold production in October, Loulo and
Gounkoto are both accessing higher grade sections in their orebodies, Tongon
is continuing its turnaround and improved efficiencies across the group have
already cut our total cash cost per ounce by 5% this past quarter."The Full
Research Report on Randgold Resources Ltd. (ADR) - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.analystscorner.com/r/full_research_report/2282_GOLD]

--

Royal Gold, Inc. Research Report

On August 8, 2013, Royal Gold, Inc. (Royal Gold) reported its Q4 FY 2013 and
full-year FY 2013 financial results (period ended June 30, 2013). The
Company's royalty revenues declined 4.6% YoY to $57.3 million during the
quarter, but increased 9.9% YoY to $289.2 million for full-year FY 2013. Net
income available to Royal Gold common stockholders was $10.7 million, or $0.16
per diluted share, in Q4 FY 2013, compared to $20.6 million, or $0.34 per
diluted share, in Q4 FY 2012. For full-year FY 2013, net income available to
Royal Gold common stockholders was $69.2 million, or $1.09 per diluted share,
compared to $92.5 million, or $1.61 per diluted share, in full-year FY 2012.
According to Royal Gold, net income for full-year FY 2013 was impacted by an
impairment loss recognized on available for-sale-securities recorded in Q3 FY
2013 that had an effect, net of tax, of $0.23 per basic share and was also
impacted by an increase in depletion expense as several properties reported
higher production in FY 2013.The Full Research Report on Royal Gold, Inc. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/603f_RGLD]

--

First Majestic Silver Corp. Research Report

On August 13, 2013, First Majestic Silver Corp. (First Majestic) reported its
Q2 2013. The Company's revenues declined 11.7% YoY to $48.4 million during the
quarter. Net earnings were $0.16 million, or $0.00 per diluted share, in Q2
2013, compared to $15.3 million, or $0.14 per diluted share, in Q2 2012.
Commenting on the results, Keith Neumeyer, CEO and President of First
Majestic, said, "The silver price fell 31% during the second quarter which is
equal to the largest quarterly drop during the 2008 financial crisis and the
third largest quarterly drop in the past 50 years. As such, management decided
to suspend a portion of silver sales to await a rebound in prices. While the
suspension had a negative impact on this quarter's revenues and earnings, we
are confident the silver price will revert back to the mean in the near
future. In the meantime, regular sales are now taking place in order to allow
silver inventories to return to normal levels." The Full Research Report on
First Majestic Silver Corp. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/761b_AG]

--

Hecla Mining Company Research Report

On August 8, 2013, Hecla Mining Company (Hecla) reported its Q2 2013 financial
results. The Company's sales increased 27.3% YoY to $85.3 million. Net loss
was $24.9 million, or $0.08 per diluted share, in Q2 2013, compared to net
income of $2.5 million, or $0.01 per diluted share, in Q2 2012. Hecla's
President and CEO Phillips S. Baker, Jr., said, "The acquisition of Aurizon
and associated financing was a pivotal event for Hecla, despite the associated
costs resulting in a loss for the second quarter. With Greens Creek operating
well, the Lucky Friday ramping up and Casa Berardi in the final quarters of
completing major improvements, we are in a strong operating and financial
position." He added, "However, in response to lower precious metals prices we
have significantly scaled back capital, exploration and pre-development
expenditures from original plans this year." The Full Research Report on Hecla
Mining Company - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/92b3_HL]

--

Franco-Nevada Corporation Research Report

On August 7, 2013, Franco-Nevada Corporation (Franco-Nevada) reported its
financial results for Q2 2013. The Company's revenue declined 9.2% YoY to
$93.3 million during the quarter. Net income was $21.6 million, or $0.15 per
diluted share, in Q2 2013, compared to net income of $36.9 million, or $0.25
per diluted share, in Q2 2012. Commenting on the results, David Harquail,
President and CEO of Franco-Nevada, said, "Franco-Nevada's royalty business
model has proven robust despite lower gold prices. Cash flow generation
remains very strong and no material impairments have been recognized.
Operations are profitable and performing in line with our expectations with no
changes to our previous guidance." The Full Research Report on Franco-Nevada
Corporation - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/bd36_FNV]

----

EDITOR NOTES:

1.This is not company news. We are an independent source and our views do
    not reflect the companies mentioned.
2.Information in this release is fact checked and produced on a best efforts
    basis and reviewed by a CFA. However, we are only human and are prone to
    make mistakes. If you notice any errors or omissions, please notify us
    below.
3.This information is submitted as a net-positive to companies mentioned, to
    increase awareness for mentioned companies to our subscriber base and the
    investing public.
4.If you wish to have your company covered in more detail by our team, or
    wish to learn more about our services, please contact us at
    pubco@EquityNewsNetwork.com.
5.For any urgent concerns or inquiries, please contact us at
    compliance@EquityNewsNetwork.com.
6.Are you a public company? Would you like to see similar coverage on your
    company? Send us a full investors' package to
    research@EquityNewsNetwork.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This
document, article or report is prepared and authored by Equity News Network.
An outsourced research services provider has, through Chartered Financial
Analysts, only reviewed the information provided by Equity News Network in
this article or report according to the Procedures outlined by Equity News
Network. Equity News Network is not entitled to veto or interfere in the
application of such procedures by the outsourced provider to the articles,
documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the
accuracy or completeness or fitness for a purpose (investment or otherwise),
of the information provided in this document. This information is not to be
construed as personal financial advice. Readers are encouraged to consult
their personal financial advisor before making any decisions to buy, sell or
hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned
at the time of printing of this document or any error, mistake or shortcoming.
No liability is accepted by Equity News Network whatsoever for any direct,
indirect or consequential loss arising from the use of this document. Equity
News Network expressly disclaims any fiduciary responsibility or liability for
any consequences, financial or otherwise arising from any reliance placed on
the information in this document. Equity News Network does not (1) guarantee
the accuracy, timeliness, completeness or correct sequencing of the
information, or (2) warrant any results from use of the information. The
included information is subject to change without notice.

AnalystsCorner.com

SOURCE Analysts' Corner

Contact: CONTACT PERSON: Joe Thomas, CONTACT PHONE: +1-310-496-8071 (North
America)
 
Press spacebar to pause and continue. Press esc to stop.