News Highlights- Abbott Laboratories (NYSE:ABT), Denison Mines (NYSE:DNN), Endeavour Silver (NYSE:EXK)

Abbott Laboratories (NYSE:ABT) keeps its position active in street, shares closed at $41.29 with shows upbeat performance surges of 1.35%. Abbott Labs (ABT) declared that CE mark for its Alinity S blood and plasma screening system. The Alinity s System will help transform the blood and plasma screening process in terms of speed, capacity and “walk-away” time as a result of a number of new features- Expands capacity to run up to 600 tests per hour, at least twice as much as competitive standalone instruments.

Improves centers’ ability to track all activities and actions associated with the testing and processing of each donation in accordance with relevant legislation and requirements. Increases walk-away time to a minimum of three hours. Gives laboratory professionals the ability to continuously load and unload samples and supplies without pausing or stopping the system. The firm has yearly sales growth for the past five year of -10.30%. While past twelve months price to sales ratio recorded as 2.90 and price to cash ratio remained 13.35.

Should investors bet on Abbott Laboratories following this recent trend? Read Full Report Here

Denison Mines Corp. (NYSE:DNN) jumping up 13.35% to $0.69 with traded session volume was 1.95 Million. Denison Mines Corp. (DNN) reported that it has executed an contract with the partners of the Wheeler River Joint Venture that will result in an increase in Denison’s ownership of the Wheeler River project to up to approximately 66% (currently 60%) by the end of 2018.

The Wheeler River property is a joint venture between Denison (60% ownership and operator), Cameco Corp. (30% ownership), and JCU Canada Exploration (10% ownership). Under the terms of the Contract, the JV Parties have agreed to allow for a one-time election by Cameco to fund 50% of its ordinary share of joint venture expenses in 2017 and 2018. As concerns of stock price volatility, it was 6.04% for a week and 5.02% for a month.

Can Denison Mines Corp. become the newest Buy stock following this news? Read Full Report Here

Stocks of Endeavour Silver Corp. (NYSE:EXK) appeared in active trade move, shows upbeat performance surged 1.74% to trade at $4.10 in last session with shares volume of 2.17 Million. Endeavour Silver (EXK) declared that 2016 production of 5.4 million oz silver and 57,375 oz gold, slightly above guidance on gold and slightly below guidance on silver. Silver equivalent production totalled 9.7 million oz at 75:1 silver- gold ratio, in line with guidance.

Silver production in 4Q16 was 1,088,845 oz and gold production was 44,402 oz, for silver equivalent production of 1.9 million oz. The firm expects to release updated reserve and resource estimates and 2017 production and cost guidance within the next two weeks. To taking a short look on firm’s performance of margin, it showed a negative -74.70% in the net profit margin and in addition to its operating margin, which remained -69.10%.

Will Endeavour Silver Corp. retains its glamour following this report? Read Full Report Here

 

Roger Valet

A Seneca Globe News writer since 2013, Roger Valet covers Wall Street and stock market news. In the past Roger covered the real estate market and then moved on to cover corporate management. You can reach Mr. Roger at roger.valet@senecaglobe.com

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