Tag: Mines Management

  • Unusual Volume At Basic Material: VAALCO Energy (NYSE:EGY), Mines Management (NYSEMKT:MGN), MagneGas Corporation (NASDAQ:MNGA), Banro Corporation (NYSEMKT:BAA)

    VAALCO Energy, Inc. (NYSE:EGY) on March 13 reported results for the fourth quarter and full-year 2013. VAALCO Energy, Inc. (NYSE:EGY) shares after opening at $6.22 moved to $7.25 on last trade day and at the end of the day closed at $7.12. Company price to sales ratio in past twelve months was calculated as 2.45 and price to cash ratio as 4.01. VAALCO Energy, Inc. (NYSE:EGY) showed a positive weekly performance of 7.07%.

    Mines Management, Inc. (NYSEMKT:MGN) is pleased to announce that the U.S. Fish and Wildlife Service (USFWS) has issued Final Draft Biological Opinions (BO) for the Montanore Silver-Copper Project, a critical step in the overall permitting process. Mines Management, Inc. (NYSEMKT:MGN) shares fell -5.84% in last trading session and ended the day on $1.29. Mines Management, Inc. (NYSEMKT:MGN) return on equity ratio is recorded as -63.80% and its return on assets is -59.10%. Mines Management, Inc. (NYSEMKT:MGN) yearly performance is 21.70%.

    MagneGas Corporation, (NASDAQ:MNGA), a leading technology company that counts among its inventions a technology that converts liquid waste into a hydrogen-based fuel, will be exhibiting and its CEO will be moderating a panel called “Making it Work: How Digester Designs Evolve to Meet Unique Operating Conditions,” at the 7th Annual International Biomass Conference & Expo. MagneGas Corporation (NASDAQ:MNGA) shares moved up 22.09% in last trading session and was closed at $1.05, while trading in range of $0.85 – $1.18. MagneGas Corporation (NASDAQ:MNGA) year to date (YTD) performance is 138.64%.

    Banro Corporation (USA) (NYSEMKT:BAA) on Feb. 12 announces that it intends to raise US$40 million through the issue of convertible preferred shares by way of a non-brokered private placement. Banro Corporation (USA) (NYSEMKT:BAA) weekly performance is 13.11%. On last trading day company shares ended up $0.690. Banro Corporation (USA) (NYSEMKT:BAA) distance from 50-day simple moving average (SMA50) is 16.51%. Analysts mean target price for the company is $0.82.