Amaya (AYA) Delivers Above-Consensus Profit; Soros Sees Potential In Barrick Gold (ABX)

Amaya_AYA

Shares of Amaya Inc. (Nasdaq:AYA) climbed more than 5% in the extended session Monday after the company delivered better-than-expected quarterly profit in its financial results.

For the first quarter 2016, Amaya posted revenues of $288.67 million, a 6 % increase year over year, and adjusted net income of $84.97 million, or $0.43 per diluted share, compared to an adjusted net income of $67.43 million, or $0.34 per diluted share in the same quarter the prior year, topping the Capital IQ Consensus Estimate of $0.41 earnings per share for the period. Analysts were expecting quarterly revenue of about $293.6 million

AYA stock closed at $13.03, up $0.60 (or +4.83%) and 442,970 of its shares exchanged hands during the day

Amaya, a real money online gaming company and the owner of PokerStars and Full Tilt brands – among others -, has 133.15M Shares Outstanding, Market Capitalization (intraday) of $1.73B and AYA stock 52-week range is from $9.67 to $31.44 per share.

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barrick_gold_ABX

Barrick Gold Corp. (NYSE:ABX) shares surged $0.50 (or +2.72%) to $18.91 on Monday’s trading session

After the closing bell, Soros Fund Management LLC – the family office of billionaire investment guru George Soros – disclosed in a regulatory filing ( 13F-HR ) with the U.S. Securities and Exchange Commission (SEC) that it bought 19,419,309 shares of the mining company during the first quarter 2016

Barrick Gold, which produces and sells gold and copper, has 1.17B Shares Outstanding, Market Capitalization (intraday) of $22.03B and ABX stock one-year range is betwen $5.91 and $19.50 per share

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