{"id":4887,"date":"2014-08-01T14:14:07","date_gmt":"2014-08-01T14:14:07","guid":{"rendered":"\/?p=4887"},"modified":"2014-08-01T14:14:19","modified_gmt":"2014-08-01T14:14:19","slug":"romarco-minerals-inc-tser-otcmktsrtraf-publishes-report-gets-analyst-upgrade","status":"publish","type":"post","link":"\/articles\/romarco-minerals-inc-tser-otcmktsrtraf-publishes-report-gets-analyst-upgrade\/","title":{"rendered":"Romarco Minerals Inc. (TSE:R), (OTCMKTS:RTRAF) Publishes Report, Gets Analyst Upgrade"},"content":{"rendered":"<p> <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/R_chart.png\" border=\"0\" alt=\"R_chart.png\" title=\"R_chart.png\" width=\"450\" height=\"201\" \/>On Wednesday <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=R\">R<\/a>omarco Minerals Inc. (T<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=R\">R<\/a>S:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=R\">R<\/a>), (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=<a href=\">R<\/a>T<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=R\">R<\/a>AF&#8221;><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=R\">R<\/a>T<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=R\">R<\/a>AF<\/a>) published its new quarterly report for the period ended June 2014. The company was upgraded by several separate analyst firms on the following day. <\/p>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=R\">R<\/a>BC Capital issued an update, upgrading <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=R\">R<\/a>omarco from sector perform to outperform. The firm also upped its price target for the stock to C$1.25, up by C$0.25 from its old target. Here is what <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=R\">R<\/a>omarco published in its quarterly report (in US dollars):<\/p>\n<ul>\n<li>$32.1 million in cash<\/li>\n<li>$6.2 million in current liabilities<\/li>\n<li>$3.5 million in quarterly net loss<\/li>\n<\/ul>\n<p>The company supplemented the filing with a press release, highlighting important events that took place over the quarter and extending right up to the filing date. Most of the highlights concerned the company&#8217;s Haile gold mine in South Carolina &#8211; the company&#8217;s flagship product. Other points of interest include <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=R\">R<\/a>omarco lowering its net cash spending by about 30% YoY and slightly decreasing net loss from Q2 of 2013.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/R_logo.jpg\" border=\"0\" alt=\"R_logo.jpg\" title=\"R_logo.jpg\" width=\"110\" height=\"78\" \/>Separately, two other analyst firms issued upgrades for <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=R\">R<\/a>omarco. BMO Capital Markets also upped their market perform rating to outperform. Analysts with Desjardins raised <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=R\">R<\/a>omarco&#8217;s price target by C$0.10 to C$1.10 and issued a buy rating.<\/p>\n<p>In yesterday&#8217;s session the company shifted 603 thousand shares and closed 1% down, at C$0.89 per share.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Wednesday Romarco Minerals Inc. (TRS:R), (OTCMKTS:RTRAF&#8221;>RTRAF) published its new quarterly report for the period ended June 2014. The company was upgraded by several separate analyst firms on the following day. RBC Capital issued&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1458,1457],"class_list":["post-4887","post","type-post","status-publish","format-standard","hentry","category-news","tag-r","tag-rtraf"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/4887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=4887"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/4887\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=4887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=4887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=4887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}