Active Stocks at Basic Material: Alcoa Inc. (NYSE:AA), Gold Fields (NYSE:GFI), Kinross Gold (NYSE:KGC), Yamana Gold (NYSE:AUY)



Aluminum giant Alcoa Inc. (NYSE:AA) announced that it is investing $13 million in Szekesfehervar, Hungary, to expand its plant to meet increasing European demand for truck wheels, which are more durable and lightweight than earlier models with minimum maintenance. Alcoa Inc. (NYSE:AA) stock performance was 0.84% in last session and finished the day at $12.00. Traded volume was 10.01 million shares in the last session and the average volume of the stock remained 22.07 million shares. The beta of the stock remained 1.86. Alcoa Inc. (NYSE:AA) insider ownership is 0.20%.

Shares of Gold Fields Limited (NYSE:GFI) were the recipient of a large increase in short interest in January. As of February 28th, there was short interest totaling 7,915,526 shares, an increase of 42.0% from the February 14th total of 5,576,055 shares, Stock Ratings Network reports. Currently, 1.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,685,265 shares, the days-to-cover ratio is currently 1.4 days. Gold Fields Limited (ADR) (NYSE:GFI) dropped -0.49% to $4.10 yesterday on volume of 9.71 million shares. The intra-day range of the stock was $4.04 – $4.12. Gold Fields Limited (ADR) (NYSE:GFI) has a market capitalization of 3.02 billion.

Zacks reiterated their “neutral” rating on Kinross Gold Corporation (USA) (NYSE:KGC) in the research note that was issued to investors. Currently, they have a price target of $5.50 on the stock. This target price would indicate the potential-upside of 4.17 percent from the previous close of the stock. .Recently, numerous other analyst firms have commented on Kinross Gold Corporation (USA) (NYSE:KGC) stock. Kinross Gold Corporation (USA) (NYSE:KGC)’s stock on March 18, 2014 reported a higher of 0.40% to the closing price of $4.96. Its fifty two weeks range is $4.23 – $8.17. The total market capitalization recorded 5.67 billion. The overall volume in the last trading session was 9.88 million shares. In its share capital, Kinross Gold Corporation (USA) (NYSE:KGC) has 1.14 billion outstanding shares.

Yamana Gold (NYSE:AUY) shares recently experienced a sharp downturn from about $20/share in 2012 to just over $8/share late last year. So far this year, the shares have begun to rebound. However, this comes with a dividend cut to $0.28/share to $0.16/share per year. Furthermore, the company took a huge $680 million impairment charge in the fourth-quarter resulting from lower gold prices. On Tuesday, shares of Yamana Gold Inc. (USA) (NYSE:AUY) dropped -1.87% to close the day at $9.99. Company return on investment (ROI) is -5.60% and its monthly performance is recorded as -5.49%. Yamana Gold Inc. (USA) (NYSE:AUY) quarterly revenue growth is 15.76%.

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