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Stock Prices of MARA Increased by 15.78%: Why It Happened.

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Marathon Digital Holdings Inc. (NSDQ: MARA) ‘s stock prices increased by 15.78% on 5th April 2021. When the market closed on 4th April, the price was $48.85 and $55.56 when the market closed on 5th. A growth of $7.71 was recorded. 

 

MARA (NSDQ: MARA) recently announced their Bitcoin Production and Mining Operation Updates for the First Quarter of 2021, where they said, “Marathon currently holds approximately 5,134.2 BTC, including the 4,812.66 BTC the Company purchased in January 2021 for an average price of $31,168 per BTC. On 31st March 2021, the fair market value of one bitcoin was approximately $58,800, implying that the approximate fair market value of Marathon’s current bitcoin holdings is $301.9 million.” 

 

Some Preliminary First Quater Highlights( 2021) is- 

 

  • Produced 196 new-minted bitcoins in the first quarter of 2021, increasing total bitcoin holdings to 5,134.2 with a fair market value of approximately $301.9 million as of 31st March 2021
  • On 31st March 2021, cash on hand was approximately $212 million and total liquidity, defined as cash and bitcoin holdings, was approximately $513.9 million
  • Received approximately 10,300 S-19 Pro ASIC miners from Bitmain during the first quarter of 2021

 

As of 31st March 2021, Bitmain has delivered approximately 10,300 S-19 Pro ASIC miners to the Company’s mining facility in Hardin, MT, all of which were delivered on time and as scheduled. New miners are being installed daily. Based on current delivery and installation schedules, Marathon expects all previously purchased miners to be fully installed by the end of the first quarter of 2022.

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BCRX’s Stock Price News: 11.29% Increase!

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BioCryst Pharmaceuticals, Inc. (NASDAQ: BCRX)’ stock price increased by 11.29% over the previous closing price, 10.19(April 14) and currently stands at 11.34. The volume on April 15 was pretty high, 8,433,333. Day’s range- 10.13 – 11.57. 

BioCryst Pharmaceuticals, Inc. (NASDAQ: BCRX)’s stock prices for the last 5 days-

Date Open High Low Close
Apr 15, 2021 10.31 11.58 10.13 11.34
Apr 14, 2021 9.79 10.64 9.72 10.19
Apr 13, 2021 9.59 9.73 9.23 9.69
Apr 12, 2021 10.15 10.16 9.34 9.50
Apr 09, 2021 10.38 10.56 10.19 10.21

BioCryst Pharmaceuticals, Inc. (NASDAQ: BCRX) yesterday announced that the Japanese National Health Insurance System (NHI) has approved the addition of oral, once-daily ORLADEYO™ (berotralstat) to the NHI drug price list on April 21, 2021.

Oral, once-daily ORLADEYO was approved in Japan in January 2021 for prophylactic treatment of hereditary angioedema (HAE) in adults and pediatric patients 12 years and older. ORLADEYO is the first and only prophylactic HAE medication approved in Japan.

“Our goal is to bring ORLADEYO to HAE patients around the world who want a new oral, once-daily option to prevent their attacks. In Japan, ORLADEYO is the first approved prophylactic HAE medication, which has the potential to significantly impact the lives of HAE patients,” said Jon Stonehouse, president and chief executive officer of BioCryst.

The NHI price listing triggers a $15 million milestone payment from Torii to BioCryst. In addition, BioCryst will receive tiered royalties ranging from 20 percent to 40 percent of Japanese net sales.

About ORLADEYO™ (berotralstat)

ORLADEYO™ (berotralstat) is the first and only oral therapy designed specifically to prevent attacks of hereditary angioedema (HAE) in adults and pediatric patients 12 years and older. One capsule of ORLADEYO per day works to prevent HAE attacks by decreasing the activity of plasma kallikrein.

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BTG Stock Price News: 6.41% Increase

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B2Gold Corp. (NYSEAMERICAN: BTG)’s stock price stands at 4.9800 At close: 4:00PM EDT, April 15. The opening price was 4.7800 and the previous closing price, as of April 14, was 4.6800. The price increased by 0.3000. Day’s range- 4.7700 – 5.0222.

B2Gold Corp. (NYSEAMERICAN: BTG)’s stock price is currently at the month’s highest. The highest price of the day(April 15)  was 5.0200 and the lowest was 4.7700. 

B2Gold is a low-cost international senior gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Mali, Namibia and the Philippines and numerous exploration and development projects in various countries including Mali and Colombia. B2Gold continues to forecast total consolidated gold production of between 970,000 and 1,030,000 ounces in 2021. 

Mine-by-mine gold production in the first quarter of 2021 (including the Company’s estimated 33% share of Calibre’s production) was as follows:

Mine Q1 2021

Gold Production

(ounces)

First-Half 2021

Forecast

Gold Production

(ounces)

Second-Half

2021 Forecast

Gold Production

(ounces)

Full-year

2021 Forecast

Gold Production

(ounces)

Fekola 125,088 220,000 – 230,000 310,000 – 330,000 530,000 – 560,000
Masbate 57,513 100,000 – 105,000 100,000 – 105,000 200,000 – 210,000
Otjikoto 23,042 45,000 – 50,000 145,000 – 150,000 190,000 – 200,000
B2Gold Consolidated (1) 205,643 365,000 – 385,000 555,000 – 585,000 920,000 – 970,000
Equity interest in Calibre (2) 15,001 25,000 – 30,000 25,000 – 30,000 50,000 – 60,000
Total 220,644 390,000 – 415,000 580,000 – 615,000 970,000 – 1,030,000

 

1 “B2Gold Consolidated” – gold production is presented on a 100% basis, as B2Gold fully consolidates the results of its Fekola, Masbate and Otjikoto mines in its consolidated financial statements (even though it does not own 100% of these operations).
2 “Equity interest in Calibre” – represents the Company’s approximate 33% indirect share of the operations of Calibre’s El Limon and La Libertad mines. B2Gold applies the equity method of accounting for its 33% ownership interest in Calibre.
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HBM Stock Price Increased By 6.72%: Here’s What Happened

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Hudbay Minerals Inc. (NYSE: HBM)’s stock price currently stands at 8.42, as of April 15, 4:00PM EDT, market close. The previous closing price was 7.89(April 14). Thus, a surge of 6.72% is significant. The day’s range was between 7.98 – 8.51. 

Hudbay (NYSE: HBM) is a diversified mining company primarily producing copper concentrate (containing copper, gold and silver) and zinc metal. Hudbay (NYSE: HBM)’s stock price is grossing at its highest price of this month, the second highest price being 8.06( Closing price April 8).

Hudbay Minerals Inc. (NYSE: HBM) today announced that the final land user agreement for Pampacancha has been completed and Hudbay now has full access to the site to begin pit development activities.

“We are very pleased to have completed the final land user agreements at Pampacancha and we remain on track for first production in the second quarter of 2021, in line with guidance,” said Peter Kukielski, Hudbay’s President and Chief Executive Officer. “This major milestone was achieved due to collaboration between the community and the Constancia team, which further demonstrates Hudbay’s strong social license to operate in Peru.”

In January 2021, the company commenced pre-development activities, including haul road construction and site preparation work, which will allow Hudbay to commence pre-stripping activities shortly. Pampacancha is a high-grade copper and gold satellite deposit located approximately seven kilometres from Hudbay’s Constancia mine and processing facilities in Peru. Pampacancha is expected to contribute to an increase in copper and gold production at Constancia from 2022 to 2025 as the higher grades enter into the mine plan.

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