Samson Oil & Gas Limited (ADR) (NYSEMKT:SSN) announced that it has placed 65,000,000 ordinary shares to investors in Australia and 11,255,541 American Depositary Shares (ADSs) (representing 225,110,820 ordinary shares) to investors based in the United States to raise gross proceeds of A$5,802,217 (US$5,439,578). The placement was completed at $0.02 per ordinary share (approximately US$0.375 per ADS), and includes options, or warrants, to purchase an additional 3 shares for each 10 shares subscribed for, at an exercise price of A$0.033 (approximately $0.61 per ADS). The options/warrants will expire on 30 April 2018. Samson Oil & Gas Limited (ADR) (NYSEMKT:SSN) shares after opening at $0.46 moved to $0.46 on last trade day and at the end of the day closed at $0.377. Company price to sales ratio in past twelve months was calculated as 5.67 and price to cash ratio as 5.67. Samson Oil & Gas Limited (ADR) (NYSEMKT:SSN) showed a negative weekly performance of -21.42%.
Zacks upgraded shares of Rowan Companies PLC (NYSE:RDC) from an underperform rating to a neutral rating in a report issued on Wednesday, Stock Ratings News reports. They currently have $32.00 target price on the stock.Rowan Companies PLC (NYSE:RDC) shares fell -0.13% in last trading session and ended the day on $30.38. RDC return on equity ratio is recorded as 5.30% and its return on assets is 3.20%. Rowan Companies PLC (NYSE:RDC) yearly performance is -2.88%.
DRDGOLD Limited (DRDGOLD; JSE, NYSE: DRD) has announced the appointment of chartered accountant (SA) Johan Holtzhausen as an independent non-executive director of the company with effect from 25 April 2014.DRDGOLD Ltd. (ADR) (NYSE:DRD) shares moved down -1.88% in last trading session and was closed at $3.13, while trading in range of $3.11-$3.24. DRDGOLD Ltd. (ADR) (NYSE:DRD) year to date performance is -15.18%.
Ceres Inc (NASDAQ:CERE) released its second quarter financial results and an update on its efforts in Brazil during a webcast on April 10.Total revenues were down to $500,000 during the second quarter of 2014, as compared to the second quarter of 2013, due to a decrease in collaborative research and government grant revenue, but product sales remained relatively unchanged as compared to the same quarter in 2013, explained Paul Kuc, chief financial officer of Ceres. “For the quarter ended February 28, Ceres reported a net loss of $7.2 million, compared to a net loss of $9 million for the second quarter of the prior fiscal year.Ceres Inc (NASDAQ:CERE) weekly performance is -16.30%. On last trading day company shares ended up $0.611. Ceres Inc (NASDAQ:CERE) distance from 50-day simple moving average is -43.37%. Analysts mean target price for the company is $3.00.