Atlas Mining Board Approves Debt Refinancing Plan

Pasay—(PHStocks)—The Board of Atlas Consolidated Mining and Development Corp. (Atlas Mining, PSE: AT) today approved a plan to refinance $300 million of existing bonds at its wholly-owned subsidiary Carmen Copper Corp. as well as shareholder advances made to Atlas Mining. The refinancing will be in the form of a subordinated loan with warrants. After extensive […]
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Atlas Mining Reduces Net Loss to PhP470M

Pasay—(PHStocks)—Atlas Consolidated Mining and Development Corp. (Atlas Mining, PSE: AT) registered a consolidated net loss of PhP470 million for the first nine months of 2016 compared to PhP1.3 billion for the same period last year due mainly to the elimination of foreign exchange loss charged in 2015. Higher volume of shipments mitigated the impact of […]
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PHStocks Exclusive: Top 30 Losers in March 2016

Manila—(PHStocks)—Last week, we presented the 50 best stock performers for March. This post lists the top 30 decliners during the month. PHStocks only selected 30 as the rest in the “Losers Bracket” of our analysis remained flat in March. 1. Agrinurture Inc. (PSE: ANI): PhP4.70, -19.24% 2. Liberty Telecoms Holdings Inc. (PSE: LIB): PhP3.56, -11% […]
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Berong Nickel Trains Women, IP Operators

Makati—(PHStocks)—Berong Nickel Corp. (BNC), a joint venture between DMCI Holdings Inc.’s (PSE: DMC) DMCI Mining Corp. and Atlas Consolidated Mining and Development Corp. (PSE: AT), has developed a skills development program that provides unskilled females and indigenous peoples from its host communities with high-value employment. Under the program, trainees undergo around 150 hours of operations and […]
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PHStocks Exclusive: Top 40 Worst Finishers in 2015

Manila—(PHStocks)—Yesterday, we featured the top 40 best performing stocks in 2015. (You can see the list here). This time, we will list the top 40 “losing” stocks for the year. I won’t say they are the worst performers though. I am sure most of these companies have several ups during the past 12 months. However, […]
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Atlas Mining 9M14 Revenues Jump 15% to PhP12.6B

Mandaluyong—(PHStocks)—Atlas Consolidated Mining and Development Corp. (PSE: AT) reported revenues of PhP12.6 billion during the first nine months of the year, 15% higher versus the same period last year, driven mainly by the increase in revenues from copper, gold and nickel. Revenues increased despite lower realized copper and gold prices as sales volume remained resilient with copper, […]
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PHStocks Exclusive: Strongest Stock Price Performers in August

Manila—(PHStocks)—A slightly delayed report, but late is better than never. Here are the strongest stock price performers in August. In determining this list, PHStocks basically based the data from the companies’ monthly performances, as well as whether or not they were able to sustain their stock price growth. While some of these companies post month-on-month […]
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PHStocks Exclusive: Top 50 Stock Price Gainers in August

Manila—(PHStocks)—Despite the “Hungry Ghost Month” superstition in stock market trading, there are still those no-nonsense investors who have gone into the market and acquired shares of these companies—boosting their stock prices for the month. Of course, news about the country’s 6.4% GDP growth for the second quarter of the year helped increase investor confidence, propelling […]
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