Basic Material Most Volatile: Kingold Jewelry (NASDAQ:KGJI), Alexco Resource (NYSEMKT:AXU), Profire Energy (NASDAQ:PFIE), Tasman Metals (NYSEMKT:TAS)

Posted by on Apr 11, 2014

On March 25, 2014,  Kingold Jewelry, Inc. (NASDAQ:KGJI), announced that it will issue its financial results for the 2013 fourth quarter and year ended December 31, 2013, on Monday, March 31, 2014, after the close of the stock market.  Kingold Jewelry Inc (NASDAQ:KGJI), shares after opening at $1.18  moved to $1.28 on last trade day and at the end of the day closed at $1.15. Company price to sales ratio in past twelve months was calculated as 0.07 and price to cash ratio as 3.26. Kingold Jewelry Inc (NASDAQ:KGJI), showed a  negative  weekly performance of -29.45%.

Shares of Alexco Resource Corp (NYSE:AXU) were the recipient of a significant growth in short interest in the month of January. As of March 31st, there was short interest totalling 594,828 shares, a growth of 150.2% from the March 14th total of 237,771 shares, AnalystRatings.Netreports. Approximately 1.0% of the shares of the stock are short sold. Based on an average trading volume of 927,467 shares, the short-interest ratio is presently 0.6 days.  Alexco Resource Corp. (USA) (NYSEMKT:AXU), shares fell 8.52%  in last trading session and ended the day on $1.45.  Alexco Resource Corp. (USA) (NYSEMKT:AXU), return on equity ratio is recorded as -41.00% and its return on assets is -28.70%. Alexco Resource Corp. (USA) (NYSEMKT:AXU), yearly performance is -44.44%.

Profire Energy, Inc. (NASDAQ:PFIE) was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $3.27 to $3.48 since Mar 21. Profire Energy, Inc. (NASDAQ:PFIE), shares moved up 7.28% in last trading session and was closed at $3.83, while trading in range of $ 3.47 – 3.85. Profire Energy, Inc. (NASDAQ:PFIE), year to date (YTD) performance is 4.93%.

Tasman Metals Ltd (NYSEMKT:TAS) Mr. Mark Saxon, President and CEO, is pleased to announce the commencement of a Pre-Feasibility Study (“PFS”) for the Norra Karr heavy rare earth element (“REE”) project in Sweden. Following an extensive review process, Tasman’s management has selected a highly qualified technical team with REE and European experience. Tasman is well financed, having recently raised $5.2 million which provides the capital required for the PFS, further metallurgical research, on-site environmental testwork and monitoring.  Tasman Metals Ltd (NYSEMKT:TAS), weekly performance is -10.60%. On last trading day company shares ended up $1.35. Tasman Metals Ltd (NYSEMKT:TAS), distance from 50-day simple moving average (SMA50) is 4.28%. Analysts mean target Price for the company is $1.99.

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