Tag: NovaGold Resources Inc

  • Basic Material Losers: Allied Nevada Gold (NYSEMKT:ANV), Solazyme Inc (NASDAQ:SZYM), NovaGold Resources (NYSEMKT:NG), Coeur Mining Inc (NYSE:CDE)

    Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of investors of Allied Nevada Gold Corp. (NYSEMKT:ANV), including purchasers in connection with the Company’s Secondary Offering at $10.75 on May 17, 2013. The investigation concerns possible violations of federal securities laws and focuses on certain statements issued by the Company concerning Allied Nevada’s business, operations and financial prospects. All persons or entities who purchased or acquired Allied Nevada shares in the Company’s Secondary Offering may have special rights separate and apart from other purchasers of Allied shares. Allied Nevada Gold Corp. (NYSEMKT:ANV) shares after opening at $5.08 on last trade day and at the end of the day closed at $4.54. Company price to sales ratio in past twelve months was calculated as 1.77 and price to cash ratio as 5.70. Allied Nevada Gold Corp. (NYSEMKT:ANV) showed a negative weekly performance of -20.21%.

    Solazyme (NASDAQ:SZYM) CEO Jonathan Wolfson sold 35,000 shares of the company’s stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $13.64, for a total transaction of $477,400.00. Following the transaction, the chief executive officer now directly owns 282,500 shares of the company’s stock, valued at approximately $3,853,300. Solazyme Inc (NASDAQ:SZYM) shares fell -11.80% in last trading session and ended the day on $11.55. SZYM return on equity ratio is recorded as -75.90% and its return on assets is -4030%. Solazyme Inc (NASDAQ:SZYM) yearly performance is 41.20%.

    NovaGold Resources Inc. (USA) (NYSEMKT:NG) will release its first quarter financial results after market close April 7, 2014. The conference call and webcast, to discuss these results, will take place April 8, 2014 at 8:00 am PT (11:00 am ET). NovaGold Resources Inc. (USA) (NYSEMKT: NG) shares moved down -6.56% in last trading session and was closed at $3.56, while trading in range of $ 3.51 – 3.85. NovaGold Resources Inc. (USA) (NYSEMKT:NG) year to date (YTD) performance is 40.16%.

    EVA Dimensions upgraded shares of Coeur Mining (NYSE:CDE) from a hold rating to an overweight rating in a research note released on Tuesday morning, Analyst RN reports.Coeur Mining Inc (NYSE:CDE) weekly performance is -13.72%. On last trading day company shares ended up $9.31. Coeur Mining Inc (NYSE:CDE) distance from 50-day simple moving average (SMA50) is -13.91%. Analysts mean target price for the company is $11.53.