General Moly Inc (GMO) Stock News
NYSEARCA:GMO - NYSE Arca -
GMO Latest News, Press Relases and Analysis
Future Returns: The Value Gap Is Too Big to Ignore
The chasm between value and growth is the widest it’s ever been, particularly for emerging markets. GMO is betting this won’t last forever
General Moly runs afoul of NYSE American continued listing standards (NYSEMKT:GMO)
General Moly (NYSEMKT:GMO) says it received a deficiency letter from the NYSE American stock exchange indicating that the company is out of compliance with listing standards.General Moly reported losses from continuing operations for its five most recent fiscal years ended December 2019, and came up short on the required $6M or more in stockholders' equity if a company has losses in its five most recent fiscal years.General Moly must submit to the exchange by Sept.
NYSE American Notifies General Moly About Stockholders’ Equity Continued Listing Deficiency
LAKEWOOD, CO / ACCESSWIRE / September 4, 2020 / General Moly, Inc. (the "Company") (NYSE American:GMO)(TSX:GMO), the only western-exchange listed, pure-play molybdenum mineral development company, today announced that on August 31, 2020, it received a deficiency letter ("Letter") from the NYSE American stock exchange (the "Exchange") indicating that the Company is below compliance with Section 1003(a)(i) (requiring
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H.C. Wainwright Remains a Buy on General Moly (GMO)
H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on General Moly (GMO – Research Report) today and set a price target of $0.75. The company’s shares closed last Monday at $0.21. According to TipRanks.com, Ihle is ranked 0 out of 5 stars with an average return of -5.4% and a 34.7% success rate. Ihle
H.C. Wainwright Thinks General Moly’s Stock is Going to Recover
In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on General Moly (GMO – Research Report), with a price target of $0.75. The company’s shares closed last Friday at $0.16, close to its 52-week low of $0.15. According to TipRanks.com, Ihle has 0 stars on 0-5 star ranking scale with
Mid-Afternoon Market Update: Nasdaq Tumbles 575 Points; PagerDuty Shares Tumble On Weak Outlook
Toward the end of trading Thursday, the Dow traded down 2.79% to 28,287.97 while the NASDAQ fell 4.77% to 11,481.59. The S&P also fell, dropping 3.44% to 3,457.82. The U.S....
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General Moly soars in early trade; inks LOI to sell Liberty project (NYSEMKT:GMO)
General Moly (NYSEMKT:GMO) +32.2% PM, entered into a binding LOI with Nevada-based Pathfinder Minerals for the sale of its Liberty Moly and all Liberty Project assets owned by the company for $1M in cash.Follow On Liberty Moly-Copper Project:On execution of the purchase agreement and title transfer on or before September 15, 2020, Pathfinder will will make an additional payment of $1M and a further $1M payable on completion of commissioning of a production plant of any metal commodity on the property.General Moly will retain a 3% net smelter return royalty on molybdenum production from the property.Despite the transaction, the company's ability to remain going concern stands uncertain due to significant working capital deficit.
General Moly Announces Entry into Letter of Intent to Sell the Liberty Project
LAKEWOOD, CO / ACCESSWIRE / September 3, 2020 / General Moly, Inc. (the "Company") (NYSE American:GMO)(TSX:GMO), the only western-exchange listed, pure-play molybdenum mineral development company, today announced that on September 1, 2020, it entered into a binding letter of intent with Pathfinder Minerals LLC, a Nevada corporation ("Pathfinder"), for the sale by the Company of Liberty Moly LLC and all assets owned by the
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General Moly Reports Second Quarter 2020 Results
LAKEWOOD, CO / ACCESSWIRE / August 19, 2020 / General Moly, Inc. (the "Company" or "General Moly") (NYSE AMERICAN and TSX: GMO), the only western-exchange listed, pure-play molybdenum ("moly") development company, announced its financial results for the second quarter of 2020 ("2Q 2020"). Due to the Company's inability to obtain financing to date, the Company's inadequate cash to continue
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General Moly poised for reverse split after shareholder vote (NYSEMKT:GMO)
General Moly (NYSEMKT:GMO) says its shareholders approved a proposal allowing for a potential reverse stock split.The proposal was prompted by notices of deficiency by the NYSE American in September 2019 and March 2020, as the company's shares had traded for a low price for an extended period.The company says it will work with NYSE American to complete any compliance requirements with the exchange's continued listing standards.
Is General Moly (GMO) Stock Outpacing Its Basic Materials Peers This Year?
Is (GMO) Outperforming Other Basic Materials Stocks This Year?
General Moly Announces Adjournment of its Annual Meeting to Friday, July 17, 2020
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Worried About a Weak Dollar? Here's How to Trade & Win
The ultra-easy Fed policy and widening U.S. deficit are likely to keep the greenback subdued in this coming days.
Has General Moly (GMO) Outpaced Other Basic Materials Stocks This Year?
Is (GMO) Outperforming Other Basic Materials Stocks This Year?
General Moly files for $400M mixed shelf (NYSEMKT:GMO)
General Moly (NYSEMKT:GMO) has filed a prospectus for a $400M mixed shelf offering.In another transaction, the company files to sell 127.63M shares of Class A common stock for holders.S-3
General Moly to be Featured on CEO Clips on BNN Bloomberg Channel in Canada; CEO Video also Available on the Company’s Website
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General Moly Will Seek Shareholder Approval for a Reverse Stock Split to Cure Low Share Price Continued Listing Deficiency
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General Moly Notes Moly Prices are Outperforming Other Commodities
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General Moly Achievements in 2019 Pave the Way for Expanded Strategic Alternatives Effort, Coinciding with Promising Moly Market Outlook
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General Moly Announces Closing of Exchange Offer For Outstanding Notes Due in 2019 and Related Subscription Offering
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Here's Why it's Worth Betting on Commercial Metals Stock Now
Favorable rebar-margin environment, construction activity in the United States and positive momentum in the Poland operations make Commercial Metals (CMC) an attractive investment option.
Ashland (ASH) to Realign Business Operations Starting 2020
Ashland (ASH) plans to implement core changes, resource management, leadership teams, processes and financial reporting during the second quarter of fiscal 2020.
DuPont Exercises Option to Acquire 100% Ownership of OxyMem
DuPont's (DD) MEMCOR MBR product and MABR technology offer more solutions for customers seeking to reduce footprint and energy requirements for secondary wastewater treatment.
WestRock Scales New 52-Week High: What's Driving the Rally?
Investments, acquisitions as well as productivity and performance-improvement programs are contributing to the rally in WestRock's (WRK) shares.
Carpenter Technology Up 39% YTD: What's Working in Favor?
Carpenter Technology's (CRS) efforts to strengthen customer relationships, commercial-strategy execution and acquisitions likely to help it to grow further.
Celanese (CE) to Raise Acetyl Intermediates Product Price
Celanese (CE) expects the price hike to be effective from Jan 1, 2020, or as contracts permit.
Mosaic (MOS) to Cut Phosphate Production Amid Market Weakness
Moving into 2020, Mosaic (MOS) believes that extended cutbacks in output will help it balance the global demand and supply.
Univar (UNVR) to Expand Business in Russia With New Office
Univar (UNVR) expects the new office in Ufa to meet local needs through enhanced product, account management and communications.
Nucor (NUE) to Add Coil Paint Line at Arkansas Sheet Mill
Nucor (NUE) expects the new coil paint line to diversify its product and market mix, and broaden its value-added product offerings.
Reliance Steel (RS) Reaches Agreement to Purchase Fry Steel
Reliance Steel (RS) expects the acquisition to support its customer and product diversification strategy.