BP p.l.c. (NYSE:BP) Has Had Several Near-Miss Accidents At Facilities Around The World Caused By Lapses- Endeavour Silver (NYSE:EXK)

BP p.l.c. (NYSE:BP) [Trend Analysis] luring active investment momentum, shares an increase 0.77% to $36.79. BP PLC has had several near-miss accidents at facilities around the world caused by lapses in how it handles engineering data, an internal report has found, six years after a fatal blowout in the Gulf of Mexico exposed its safety problems.

One 2014 incident involved an undefined “high potential” incident at its Whiting refinery near Chicago that cost the company $258 million in lost output of oil products, said the internal. The total volume of 7.5 Million shares held in the session was surprisingly higher than its average volume of 5689.48 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -273.20%, and looking further price to next year’s EPS is 138.82%. While take a short look on price to sales ratio, that was 0.63.

Several matter pinch shares of Endeavour Silver Corp. (NYSE:EXK) [Trend Analysis], as shares surging 8.38% to $3.88 with a share volume of 2.63 Million. Endeavour Silver Corp. (NYSE:EXK) reported that exploration drill programs on the El Compas property in Zacatecas State and the Terronera property in Jalisco State, Mexico have discovered new high-grade, silver-gold mineralized zones within recently identified epithermal quartz veins on each property.

These two drill programs are being conducted as part of two ongoing economic studies, a preliminary economic assessment (PEA) for El Compas and a pre-feasibility study (PFS) for Terronera, to evaluate the potential for advancing each of these two development projects to production.

Luis Castro, Vice President of Exploration, commented, “These positive drill results confirm our view that both the El Compas and Terronera properties hold excellent exploration potential for the discovery of new veins and new mineralized zones. Our drill programs will break in mid-December for Christmas and we expect to receive final 2016 assays before we start drilling again in January.” The stock is going forward its 52-week low with 288.00% and moving down from its 52-week high price with -34.79%. To have technical analysis views, liquidity ratio of a company was calculated 4.00 as evaluated with its debt to equity ratio of 0.09. The float short ratio was 3.72%, as compared to sentiment indicator; Short Ratio was 1.92.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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