On June 16, 2014, shares in McEwen Mining Inc. recorded a trading volume of 3.03 million shares, above its three months average volume of 3.01 million shares. The stock ended the day at $2.63, which was 3.66% below its previous day’s closing of $2.73, and registered an intraday range of $2.57 and $2.72. Over the previous three trading sessions and the last one month, McEwen Mining Inc.’s shares have surged 8.23% and 16.37%, respectively. Additionally, from the beginning of 2014, the company’s stock has gained 34.18%. McEwen Mining Inc (NYSE:MUX), weekly performance is 4.56%. On last trading day company shares ended up $2.75. Analysts mean target price for the company is $3.94. McEwen Mining Inc (NYSE:MUX), distance from 50-day simple moving average (SMA50) is 16.81%.
Jumei International Holding Ltd (ADR) (NYSE:JMEI)’s (NASDAQ:JMEI) quiet period will end on Wednesday, June 25th. Jumei International Holding Ltd(ADR) had issued 11,140,000 shares in its initial public offering on May 16th, American Banking News.com reports. The total size of the offering was $245,080,000 based on an initial share price of $22.00. During Jumei International Holding Ltd(ADR)’s quiet period, insiders and underwriters involved in the IPO are prevented from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company. Jumei International Holding Ltd (ADR) (NYSE:JMEI), fell 8.89% in last trading session and ended the day on $23.05. JMEI, Gross Margin is 41.30% and its return on assets is 17.40%.
June 19, 2014, OnFortuna Silver Mines Inc. (NYSE:FSM), and OceanaGold Corp. jumped more than 11 percent as gold gained the most in nine months and silver rallied to a 13-week high. BlackBerry added 9.3 percent, the most since January, after reporting a narrower first-quarter loss than analysts estimated. Cameco Corp. fell 1.9 percent as Raymond James cut its rating on the stock. Fortuna Silver Mines Inc. (NYSE:FSM), shares moved down 5.87% in last trading session and was closed at $5.29, while trading in range of $5.28 – 5.59. Fortuna Silver Mines Inc. (NYSE:FSM), year to date (YTD) performance is 84.32%.
On June 18, 2014, USEC Inc. (NYSE:USU), has named Scott McKinney to serve as manager of Technical Services at its American Centrifuge Plant. In this role, he will oversee engineering, systems engineering, nuclear safety, environmental, safety and health, and customer order management. McKinney reports to Dan Rogers, general manager, American Centrifuge Plant operations. USEC Inc. (NYSE:USU), ended the last trading day at $3.01. Company weekly volatility is calculated as 6.04% and price to cash ratio as 0.05. USEC Inc. (NYSE:USU), showed a negative weekly performance of 7.10%.
Noah Holdings Limited (ADR) (NYSE:NOAH), is engaged in providing independent services, primarily the distribution of wealth management products to the high net worth population in China through its subsidiaries. It distributes over-the-counter wealth management products including fixed income products and private equity funds. The company’s headquarters are located in Shanghai. Noah Holdings Limited holds a Zacks Rank #2 (Buy). The forward price-to-earnings ratio (P/E) for the current financial year (F1) is 11.63. Noah Holdings Limited (ADR) (NYSE:NOAH), net profit margin is 32.40% and weekly performance is -6.41%. On last trading day company shares ended up $13.73. Analysts mean target price for the company is $22.99. Noah Holdings Limited (ADR) (NYSE:NOAH), distance from 50-day simple moving average (SMA50) is 0.67%.