Basic Material Gainers: Asanko Gold Inc (NYSEMKT:AKG), Great Panther Silver Ltd (NYSEMKT:GPL), Rentech (NASDAQ:RTK), TransAtlantic Petroleum Ltd (NYSEMKT:TAT), DRDGOLD (ADR) (NYSE:DRD)

On May 27, Shares of Asanko Gold Inc (NYSEMKT:AKG) saw a large increase in short interest in May. As of May 15th, there was short interest totalling 874,687 shares, an increase of 23.9% from the April 30th total of 705,888 shares, ARN reports. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 70,503 shares, the short-interest ratio is currently 12.4 days. Asanko Gold Inc (NYSEMKT:AKG) weekly performance is 17.80%. On last trading day company shares ended up $2.25. Analysts mean target price for the company is $3.08. Asanko Gold Inc (NYSEMKT:AKG) distance from 50-day simple moving average (SMA50) is 11.72%.

On May 29, Great Panther Silver Ltd (USA) (NYSEMKT:GPL) is providing an update to the mineral resource at the Company’s 100% owned Topia Silver-Gold-Lead-Zinc Mine in Durango, Mexico (the “November 2013 Mineral Resource Estimate”). The November 2013 Measured & Indicated (“M & I”) Mineral Resource Estimate totals 198.0 kilotonnes (“kt”) at 844g/t silver, 1.71g/t gold, 6.16% lead and 4.82% zinc (8.19 million silver equivalent ounces (“Ag eq oz”)). Great Panther Silver Ltd (USA) (NYSEMKT:GPL) shares advanced 11.65% in last trading session and ended the day on $1.15. Gross Margin is 3.70% and its return on assets is -4.70%. Great Panther Silver Ltd (USA) (NYSEMKT:GPL) quarterly performance is -4.17%.

Rentech, Inc. (NASDAQ:RTK) announced a new long-term processing agreement between its subsidiaries, Fulghum Fibres Chile (Fulghum), Forestal Pacifico and Forestal Los Andes, and Astillas Exportaciones Limitada (Astex Ltda.), the Chilean subsidiary of Japan’s Mitsubishi Corporation. Rentech, Inc. (NASDAQ:RTK) shares moved up 5.33% in last trading session and was closed at $2.37, while trading in range of $2.25 – $2.38. Rentech, Inc. (NASDAQ:RTK) year to date (YTD) performance is 35.43%.

TransAtlantic Petroleum Ltd (NYSEMKT:TAT) announced it expects to be added to a Russell Index effective June 30, 2014 according to a preliminary list of additions posted athttp://www.russell.com/indexes/americas/tools-resources/reconstitution/additions-deletions.page. TransAtlantic Petroleum Ltd (NYSEMKT:TAT) ended the last trading day at $10.90. Company weekly volatility is calculated as 6.67% and price to cash ratio as 31.62. TransAtlantic Petroleum Ltd (NYSEMKT:TAT) showed a positive weekly performance of 21.79%.

On June 13, DRDGOLD Ltd. (ADR) (NYSE:DRD) gained 8.30% after investors exchanged 1,081,631 shares in 196 deals, lifting the share price to R3.00. DRDGOLD Ltd. (ADR) (NYSE:DRD) net profit margin is -1.60% and weekly performance is 23.58%. On last trading day company shares ended up $3.04. Analysts mean target price for the company is $3.30. DRDGOLD Ltd. (ADR) (NYSE:DRD) distance from 50-day simple moving average (SMA50) is 1.88%.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *