Companies Reporting Before The Bell
• R.R.Donnelley & Sons (NYSE:RRD) is likely to report quarterly earnings at $0.32 per share on revenue of $1.19 billion.
Bank of America has lowered its price forecasts for gold, silver and copper and cut price targets for several of its top precious metal stock picks.
The Analyst: Bank of America analyst Michael Jalonen lowered price targets for 18 precious metal stocks, including the following names:
On Thursday, Bank of America updated its precious metal price outlook and named its top precious metal stock picks for investors to buy heading into the second half of 2021.
Seasonally, metal and mining stocks do well during the warmer months and SSR Mining Inc (NASDAQ: SSRM), a Vancouver-based precious metals producer, has rebounded 38% from its March 30 low of $13.68.
SSR Mining (NASDAQ:SSRM) reported quarterly earnings of $0.47 per share. This is a 51.61 percent increase over earnings of $0.31 per share from the same period last year. The company reported quarterly sales of $366.48
Companies Reporting Before The Bell
• ViacomCBS (NASDAQ:VIAC) is projected to report quarterly earnings at $1.22 per share on revenue of $7.30 billion.