Allied Nevada Gold Corp. (NYSE:ANV) was the recipient of a significant increase in short interest in January. As of March 14th, there was short interest totalling 27,781,055 shares, an increase of 6.1% from the February 28th total of 26,186,294 shares, Analyst Ratings Network reports. Currently, 29.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,235,159 shares, the short-interest ratio is currently 5.3 days. Allied Nevada Gold Corp. (NYSEMKT:ANV) shares after opening at $5.08 on last trade day and at the end of the day closed at $4.54. Company price to sales ratio in past twelve months was calculated as 1.77 and price to cash ratio as 5.70. Allied Nevada Gold Corp. (NYSEMKT:ANV) showed a negative weekly performance of -20.21%.
MagneGas Corporation (NASDAQ:MNGA) announced that it has entered into definitive agreements with an institutional investor for a financing of $5M in gross proceeds. Under the terms of the agreements and pursuant to an effective shelf registration statement, MagneGas will issue 2,000,000 shares of its common stock and Series C Convertible Preferred Stock convertible into 1,448,276 shares of common stock. The per share purchase price for the common stock and the conversion price of the preferred stock is $1.45, resulting in gross proceeds of $5M. MagneGas Corporation (NASDAQ:MNGA) shares fell -0.65% in last trading session and ended the day on $1.53. MNGA return on equity ratio is recorded as -87.60% and its return on assets is -81.20%. MagneGas Corporation (NASDAQ:MNGA) yearly performance is 34.21%.
Gevo (NASDAQ:GEVO)‘s stock had its “market perform” rating restated by equities research analysts at Cowen and Company in a research note issued to investors on Wednesday, Analyst Ratings Network reports. Gevo, Inc. (NASDAQ:GEVO) shares moved down -5.65% in last trading session and was closed at $1.17, while trading in range of $1.15 – $1.30. Gevo, Inc. (NASDAQ:GEVO) year to date (YTD) performance is -18.18%.
Uranium Energy Corp. (NYSEMKT:UEC) is an exploration-stage company. It is a natural resource exploration company engaged in the exploration of properties in the United States. As of July 31, 2010, it had interests in 50,253 acres of leased or staked mineral properties, consisting of claim blocks located in the States of Arizona, Colorado, New Mexico, Texas, Utah and Wyoming. Uranium Energy Corp. (NYSEMKT:UEC) weekly performance is -14.81%. On last trading day company shares ended up $1.38. Uranium Energy Corp. (NYSEMKT:UEC) distance from 50-day simple moving average (SMA50) is -20.73%. Analysts mean target price for the company is $2.63.
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