November 18, 2016 - By Nellie Frank · 0 Comments
Mines Management Inc (NYSEMKT:MGN) institutional sentiment decreased to 0 in Q2 2016. Its down -4.50, from 4.5 in 2016Q1. The ratio is negative, as 9 active investment managers increased or started new positions, while 2 cut down and sold their stock positions in Mines Management Inc. The active investment managers in our partner’s database now have: 1.45 million shares, up from 579,764 shares in 2016Q1. Also, the number of active investment managers holding Mines Management Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 1 Increased: 5 New Position: 4.
Mines Management, Inc. is an exploration-stage company. The company has a market cap of $41.47 million. The Firm is engaged in the business of acquiring, exploring and developing mineral properties, primarily those containing silver and associated base and precious metals. It currently has negative earnings. The Company’s principal mineral property interest, the Montanore Project, is held by its subsidiaries, Newhi, Inc. and Montanore Minerals Corp.
It is down 213.89% since February 9, 2016 and is uptrending. It has outperformed by 209.46% the S&P500.
Analysts await Mines Management, Inc. (NYSEMKT:MGN) to report earnings on November, 21.
New Harbor Financial Group Llc holds 0.01% of its portfolio in Mines Management, Inc. for 7,800 shares. Ancora Advisors Llc owns 10,000 shares or 0% of their US portfolio. Moreover, Bank Of America Corp De has 0% invested in the company for 301 shares. The California-based Blackrock Fund Advisors has invested 0% in the stock. California Public Employees Retirement System, a California-based fund reported 141,700 shares.#img1#
More important recent Mines Management, Inc. (NYSEMKT:MGN) news were published by: Globenewswire.com which released: “Mines Management Inc. : Second Quarter 2016 Financial Results and Montanore …” on August 18, 2016, also Globenewswire.com published article titled: “Mines Management Inc. : NYSE MKT Extends Mines Management’s Compliance Plan”, Globenewswire.com published: “Mines Management Inc. Receives Final Record of Decision for the Montanore …” on February 12, 2016. More interesting news about Mines Management, Inc. (NYSEMKT:MGN) was released by: Prnewswire.com and their article: “Canaccord Genuity Group Inc. Reports Second Quarter Fiscal 2017 Results” with publication date: November 01, 2016.
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By Nellie Frank