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0 -0.000587889476778388 -0.00176366843033502 0.000407603370566358 -0.00156770527140894 -0.00195963158926125 -0.0025475210660395 -0.0025475210660395
Stock impact report

US Gold Corp (USAU): Funding Round, Analyst Upgrade, and Exploration Momentum [Yahoo! Finance]

Franklin Resources, Inc. (BEN) 
Last franklin resources, inc. earnings: 4/30 08:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
placement that netted it about $31.2 million in gross proceeds. The deal involved selling 1,922,159 shares of common stock at $16.25 each, along with warrants for 961,077 more shares at an exercise price of $23.00. The warrants can be used right away and last for two years. Photo by Gold-bar-jingming-pan on Unsplash Pricing came at a roughly 4% discount to the stock's closing price of $16.91 on December 15. It also offered a 1.4% premium over the 30-day average price of $16.03 and a 1.1% discount to the 20-day average of $16.43. According to the company, new investors in the round included big names like Franklin Templeton Investments, Mackenzie Investments, and Libra Advisors. Management stated that this lineup is evidence of a strong backing for the company's plans. The company plans to use the net funds primarily to initiate development at its flagship CK Gold Project in Wyoming. It may also buy land, expand exploration at its sites, and use the funds for everyday working cap Show less Read more
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