TheStreet upgraded shares of Petrobras Argentina SA ADR (NYSE:PZE) from a hold rating to a buy rating in a report issued on Thursday. Petrobras Argentina SA ADR (NYSE:PZE) net profit margin is 7.50% and weekly performance is -3.23%. On last trading day company shares ended up $6.29. Analysts mean target price for the company is $10.42. Petrobras Argentina SA ADR (NYSE:PZE) distance from 50-day simple moving average (SMA50) is 10.74%.
Aemetis Inc. (NASDAQ:AMTX) has converted first generation ethanol and biodiesel plants into advanced refineries and has recently obtained NASDAQ listing. At its current price and projecting from first quarter results, AMTX now trades at an enterprise price of less than 5 times enterprise owner cash flow. A number of factors should increase cash flow going forward. Making conservative assumptions, AMTX could earn well north of $2 a share and trade north of $30 within the next 2 years. Aemetis, Inc. (NASDAQ:AMTX) shares advanced 16.09% in last trading session and ended the day on $9.38.
MagneGas Corporation (NASDAQ:MGNA) has named a new distributor in Miami city for Dade County, South Florida. The leading energy developing and technology invention company that prides itself with its patented technology, which allows conversion of liquid waste into a hydrogen based fuel, seeks to expand to South Florida. The company has appointed a new distributor for the Dade County. It has named Air & Welding Inc. Miami, Florida as its latest distributor, which will serve South Florida and Dade County. MagneGas Corporation (NASDAQ:MNGA) shares moved up 5.77% in last trading session and was closed at $1.65, while trading in range of $1.53 – $1.66. MagneGas Corporation (NASDAQ:MNGA) year to date (YTD) performance is 275.00%.
Allied Nevada Gold Corp. (NYSEMKT:ANV) reports that the temporary repairs to the secondary and tertiary crushers on 16 June have been completed and the crushing system is back in operation .Allied Nevada Gold Corp. (NYSEMKT:ANV) ended the last trading day at $3.76. Company weekly volatility is calculated as 6.95% and price to cash ratio as 7.70.Allied Nevada Gold Corp. (NYSEMKT:ANV) showed a positive weekly performance of 8.99%.
On May 8, 2014, Comstock Mining Inc. (NYSEMKT:LODE) announced a public offering of its common stock. On May 9, 2014, the Company announced that it entered into an underwriting agreement to sell 6,500,000 shares of the Company’s common stock (the “Shares”) at a public offering price of $1.59 per share. The Company also announced that it granted the underwriters a 30-day option to purchase up to an additional 975,000 shares of common stock to cover over-allotments. The Company closed the sale of 7,475,000 shares (including the Shares delivered pursuant to the underwriters’ exercise of the over-allotment option) on May 14, 2014. Comstock Mining, Inc. (NYSEMKT:LODE) weekly performance is 2.44%. On last trading day company shares ended up $1.68. Analysts mean target price for the company is $2.63. Comstock Mining, Inc. (NYSEMKT:LODE) distance from 50-day simple moving average (SMA50) is -0.06%.