BlackBerry Ltd (NASDAQ:BBRY) accidentally released a highly anticipated version of its BBM Messenger to Android users last September. The app garnered more than 1.1. million users in its first 8 hours. BlackBerry Ltd (NASDAQ:BBRY) net profit margin is -6.73% and weekly performance is 5.08%. On last trading day company shares ended up $7.86. Analysts mean target price for the company is $10.90. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average (SMA50) is 3.91%.
On June 6, McEwen Mining Inc (NYSE:MUX) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for MUX broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness, according to Zack. McEwen Mining Inc (NYSE:MUX) shares advanced 7.05% in last trading session and ended the day on $2.43. Gross Margin is 35.90% and its return on assets is -15.40%. McEwen Mining Inc (NYSE:MUX) quarterly performance is -20.85%.
Seabridge Gold Inc. (USA) (NYSE:SA) reported that exploration drilling has begun at its wholly-owned KSM project in Northwestern British Columbia, Canada. The primary focus of the program is to expand the 515 million tonne inferred resource averaging 0.53% copper and 0.36 g/T gold found last year at Deep Kerr and also increase its average grade. The second objective is to test several more identified and highly prospective core zone targets which have the potential for large, high grade deposits similar to Deep Kerr, including the Iron Cap deposit at depth. Seabridge Gold, Inc. (USA) (NYSE:SA) shares moved up 8.95% in last trading session and was closed at $7.79, while trading in range of $7.18 – $7.80. Seabridge Gold, Inc. (USA) (NYSE:SA) year to date (YTD) performance is 6.71%.
Bed Bath & Beyond Inc (NASDAQ:BBBY) was downgraded by Wolfe Research to an “underperform” rating in a research note issued on Tuesday. Bed Bath & Beyond Inc. (NASDAQ:BBBY) ended the last trading day at $61.28. Company weekly volatility is calculated as 1.28% and price to cash ratio as 14.51. Bed Bath & Beyond Inc. (NASDAQ:BBBY) showed a positive weekly performance of 0.49%.
On June 6, Genco Shipping & Trading Limited (OTCMKTS:GNKOQ)’s equity holders on Friday launched another attempt to derail the company’s bankruptcy proceeding, challenging the prepackaged plan that they say lowballs the value of Genco’s assets for the purpose of hanging equity holders out to dry. Genco Shipping & Trading Limited (OTCMKTS:GNKOQ) On last trading day company shares ended up $1.80 .