Tech Losers: Kinross Gold Corporation (USA) (NYSE:KGC), Aeropostale (NYSE:ARO), Hovnanian Enterprises (NYSE:HOV), Silvercorp Metals (NYSE:SVM)

Kinross Gold Corporation (USA) (NYSE:KGC) one of the biggest gold manufacturing companies operating from Russia has asked the Canadian government to try and resolve its standoff with Russia after the annexation of Crimea this month. Kinross Gold has huge interests in Russia of which a standoff will not be good for business, something that could considerably affect operations. Kinross Gold Corporation (USA) (NYSE:KGC) shares after opening at $4.52 moved to $4.53 on last trade day and at the end of the day closed at $4.25. Company price to sales ratio in past twelve months was calculated as 1.29. Kinross Gold Corporation (USA) (NYSE:KGC) showed a negative weekly performance of -11.46%.

Analysts at Maxim Group dropped their price target on shares of Aeropostale (NYSE:ARO) from $9.00 to $6.00 in a research report issued to clients and investors on Thursday, Analyst Ratings Net reports. The firm currently has a “positive” rating on the stock. Maxim Group’s target price would indicate a potential upside of 7.53% from the stock’s previous close. Aeropostale (NYSE:ARO) shares fell -4.22% in last trading session and ended the day on $4.99. Aeropostale (NYSE:ARO) return on equity ratio is recorded as -40.70% and its return on assets is -20.00% Aeropostale (NYSE:ARO) yearly performance is -62.65%.

Hovnanian Enterprises, Inc. (NYSE:HOV) stock has an average recommendation of Hold with an average target price of $5.66. Shares of Hovnanian Enterprises, Inc. (NYSE:HOV) closed at $6.18 in last trading session. Yesterday share price of the company was traded in the range of $6.05 – $6.19. Company now has a market value of $863.38 million. Hovnanian Enterprises, Inc. (NYSE:HOV) price to sales ratio in past twelve months was calculated as 0.49 and price to cash ratio as 2.76. Hovnanian Enterprises, Inc. (NYSE:HOV) shares moved down -1.91% in last trading session and was closed at $4.61, while trading in range of $ 4.57-4.77. Hovnanian Enterprises, Inc. (NYSE:HOV) year to date (YTD) performance is -30.36%.

Recently, Silvercorp Metals Inc (NYSE:SVM) reported results of the company’s 2013 underground diamond drilling-program at its LM & LMW mines, in the Ying Mining District, in Henan Province, China. These indicate a significant-extension of its existing high- grade mineralization zones that are down dip & along the strike, and delineating the new mineralization zones in the known major vein-structures. The LM & LMW mines are 2 of the 6 silver-lead zinc-mines that Silvercorp Metals Inc (NYSE:SVM) operates within the Ying Silver camp. Its LMW mine is situated adjacent to west of its LM mine. Silvercorp Metals Inc (NYSE:SVM) weekly performance is -9.91%. On last trading day company shares ended up $1.91. Silvercorp Metals Inc (NYSE:SVM) distance from 50-day simple moving average (SMA50) is -24.82%. Analysts mean target price for the company is $3.18.

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