Augusta Resources Earns an F

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The investor web-site InvestorPlace.com, graded the stock of Rosemont Copper’s parent company, Augusta Resource, as an F as a potential investment.  This low grade is a result of Augusta’s “Earnings Growth, Earnings Momentum, and Earnings Revisions.”  It is also said that Augusta’s “Equity and Cash Flow also get F’s.”

Click here for to read the grades for yourself.

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One Response to Augusta Resources Earns an F

  1. ALAN JOHNSON says:

    AUGUSTA HAS JUST PUT OUT A PRESS RELEASE STATING THAT IT HAS INCREASED THE SULPHIDE COPPER RESERVES OF THE ROSEMOUNT ” DEPOSIT ” BY 30+% BASED ON A DRILLING PROGRAM UNDERTAKEN ON THE PROPERTY THIS YEAR . THIS IS THE FIRST REPORT THAT THERE HAS BEEN RECENT DRILLING ON THE ROSEMONT PROPERTY . CAN ANYONE INDEPENDENTLY CONFIRM THIS DRILLING ACTIVITY ? IT APPEARS THAT AUGUSTA IS TRYING TO STIMULATE ITS STOCK IN ORDER TO RAISE MUCH NEEDED FUNDS FROM THE MARKETS . STRANGELY . THE AMOUNT OF DRILLING HAS NOT BEEN REPORTED – HOW MANY HOLES , DEPTH , ETC ?