AngloGold offers to buy out N. American bullion miner Corvus [Financial Post (Toronto, Ontario, Canada)]
Corvus Gold Inc. - Common Shares (KOR)
Company Research
Source: Financial Post
own in Canadian bullion miner Corvus Gold Inc as it seeks to expand its ore reserves. The Johannesburg-listed company has shed most of their South African assets to focus on higher returns in both North and South America, sources said, as mining companies in South Africa struggle with rising costs, volatile labor relations and power disruptions. 14 best online deals in the Canadian retail space right now Advertisement The proposed takeover will be an all-cash deal and at a premium of 55% to the market price of C$2.58 ($2.06) of Corvus as of May 5, a day before AngloGold, which already owns 19.5% of Corvus, guaranteed the company a $20 million loan, entering a 90-day exclusivity period during which it could conduct due diligence of its assets. Advertisement Article content Corvus's share price has risen around 27% since May to around C$3.27. The deal values Corvus, a Toronto-listed gold and silver explorer and developer, at around $370 million. “Management and the boa
Show less
Read more
Impact Snapshot
Event Time:
KOR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KOR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KOR alerts
High impacting Corvus Gold Inc. - Common Shares news events
Weekly update
A roundup of the hottest topics