Gold American Mining Corp. (OTCBB: SILA) $0.94. Announced yesterday that Cohen Independent Research Group, Inc., the Investor Awareness Industry's Research Firm of Choice, in a new report, has upgraded its Cohen Price Target on the Company from $3.16 to $3.31.
The Cohen Price Target is derived using a combination of four academic and market-based valuation approaches (one of which is the DCF valuation) that are equally weighted (25%) components used in calculating the Cohen Target Price.
What They Do: Gold American Mining Corp. is a publicly traded precious metals exploration company focused on the aggressive, ongoing acquisition and exploration of holdings with rich gold and silver production potential. Based in Reno, Nevada, Gold American has developed a promising portfolio of international properties in regions marked by stable politics, sound economies and friendly business relations.
RTI International Metals (NYSE: RTI) $30.00. Today announced results for the second quarter of 2010. During the second quarter, RTI reported net income of $10.2 million, or $0.34 per diluted share, on net sales of $106.7 million and operating income of $2.1 million. During the second quarter of 2009, RTI reported net income of $0.1 million, or $0.01 per diluted share, on net sales of $104.4 million and operating loss of $1.6 million.
For the six months ended June 30, 2010, RTI reported net sales of $214.5 million, compared with net sales of $210.4 million for the same period a year ago. The Company also reported operating income of $13.8 million and net income of $21.6 million, or $0.72 per diluted share, compared with an operating loss of $2.4 million and a net loss of $1.3 million, or $0.06 per diluted share, for the same period a year ago.
What They Do: RTI International Metals is one of the world’s largest producers of titanium mill products and a global supplier of fabricated titanium and specialty metal components for the international market.
Hercules Offshore (Nasdaq: HERO) $2.59. Today announced a loss from continuing operations of $19.0 million, or $0.17 per diluted share, on revenues of $165.9 million for the second quarter 2010, compared with a loss from continuing operations of $7.6 million, or $0.09 per diluted share, on revenues of $183.7 million for the second quarter 2009, excluding the effects of non-recurring items.
What They Do: Hercules Offshore, Inc. operates a fleet of 30 jackup rigs, 17 barge rigs, 65 liftboats, three submersible rigs, one platform rig and a fleet of marine support vessels.
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