Tag: MCP

  • Basic Material Losers: Alderon Iron Ore Corp. Ordinary Shares (Canada) (NYSEMKT:AXX), Uranium Resources (NASDAQ:URRE), Uranerz Energy Corp. (NYSEMKT:URZ), END, Molycorp Inc (NYSE:MCP)

    On 30 MAY Alderon Iron Ore Corp. Ordinary Shares (Canada) (NYSEMKT:AXX) said it was a big mover last session, as the company saw its shares rise. 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. Alderon Iron Ore Corp. Ordinary Shares (Canada) (NYSEMKT:AXX) weekly performance is -0.80%. On last trading day company shares ended up $1.24. Alderon Iron Ore Corp. Ordinary Shares (Canada) (NYSEMKT:AXX) distance from 50-day simple moving average (SMA50) is -12.74%

    On 8 MAY Uranium Resources, Inc. (NASDAQ:URRE) reports that it has significantly improved its working capital to $8.9 million at March 31, 2014 in its 1Q 2014 financial results. Operating and mineral property expenses decreased by 21% from $1.1 million in 1Q 2013 to $0.9 million in 1Q 2014. Net cash used in operating activities was $3.8 million for the first quarter, essentially flat with 1Q 2013. During the first quarter, the Company successfully raised $11.3 million mostly from a registered direct offering and a smaller amount from its at-the-market sales agreement. Uranium Resources, Inc. (NASDAQ:URRE) shares fell -6.30% in last trading session and ended the day on $2.53. URRE return on assets is -34.70%. Uranium Resources, Inc. (NASDAQ:URRE) quarterly performance is -24.48%.

    On 12 MAY Uranerz Energy Corp. (NYSEMKT:URZ) announces First Quarter 2014 Financial Results. During the three months ended March 31, 2014, mineral property expenditures totaling $3,319,813 (2013 – $2,790,318) were expensed, including processing facility construction and wellfield expenditures totaling $2,950,035 (2013 — $2,542,436). As of March 31, 2014 the Company has expensed processing facility construction and wellfield expenditures related to its Nichols Ranch ISR Uranium Project totaling $50,898,024 (December 31, 2013 – $47,947,989). Uranerz Energy Corp. (NYSEMKT: URZ) shares moved down -5.16% in last trading session and was closed at $1.47, while trading in range of $1.46 – $1.56. Uranerz Energy Corp. (NYSEMKT:URZ) year to date (YTD) performance is 14.84%.

    On 23 MAY Endeavour International Corporation (NYSE:END) reported ($0.91) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.35) by $0.56. The company had revenue of $94.16 million for the quarter, compared to the consensus estimate of $70.55 million. During the same quarter in the prior year, the company posted ($0.26) earnings per share. The company’s quarterly revenue was up 63.3% on a year-over-year basis. Endeavour International Corporation (NYSE:END) ended the last trading day at $1.74.Company weekly volatility is calculated as 5.51% and price to cash ratio as 1.63. Endeavour International Corporation (NYSE:END) showed a negative weekly performance of -12.56%.

    Molycorp Inc (NYSE:MCP) was graded by research analysts at Morgan Stanley from an “equal weight” rating to an “underweight” rating in a report. Morgan Stanley’s target price indicates a potential downside from the company’s current price. Molycorp Inc (NYSE:MCP) net profit margin is -90.00% and weekly performance is -12.28%. On last trading day company shares ended up $2.50. Analysts mean target price for the company is $4.10. Molycorp Inc (NYSE:MCP) distance from 50-day simple moving average (SMA50) is -39.73%.