Quest Rare Minerals Ltd (NYSEMKT:QRM)’s shares declined 12.55% to $0.37. The company on May 1 announce the appointment of Pierre Lortie as a Director of the Company. His experience and background will be of immense benefit to Quest as the company develops its Strange Lake Project. Pierre Lortie is a Senior Business Advisor at Dentons, a major international law firm recognized as a leader in corporate law. Quest Rare Minerals Ltd (NYSEMKT:QRM), weekly performance is -16.79%. On last trading day company shares ended up $0.275. Quest Rare Minerals Ltd (NYSEMKT:QRM), distance from 50-day simple moving average (SMA50) is -34.81%.
Novacopper Inc (NYSEMKT:NCQ), had its price target upped by RBC Capital from C$3.00 to C$3.60 in a research note issued to investors on Wednesday, AnalystRatings.NET reports. The firm currently has an outperform rating on the stock. Novacopper Inc (NYSEMKT:NCQ), fell 3.16% in last trading session and ended the day on $0.890. Novacopper Inc (NYSEMKT:NCQ), quarterly performance is -29.37%.
Iroquois Capital Management, LLC (together with its affiliates, “Iroquois”), the largest unaffiliated shareholder of MGT Capital Investments Inc. (NYSEMKT:MGT), with beneficial ownership of approximately 9.99% of the outstanding common stock of the Company, announced that it has delivered a letter to the Company’s Board of Directors. Iroquois also announced it filed a Schedule 13D amendment with the SEC earlier to disclose that it has recently increased its economic stake in MGT. MGT Capital Investments Inc. (NYSEMKT:MGT), shares moved down 3.39% in last trading session and was closed at $1.14, while trading in range of $1.14 – 1.19. MGT Capital Investments Inc. (NYSEMKT:MGT), year to date (YTD) performance is -59.43%.
MGC Diagnostics Corporation, a global medical technology company that recently entered into an agreement to distribute SleepVirtual, reported financial results for the second quarter ended April 30, 2014. Net income for the 2014 second quarter increased 22% to $308,000, or $0.07 per diluted share, compared to net income of $252,000, or $0.06 per diluted share in the 2013 second quarter. Second quarter revenue was $7.4 million, compared to $7.6 in the 2013 second quarter. Sequential quarterly revenue grew 17.8% versus the fiscal 2014 first quarter. International sales for the quarter increased 27% to $1.6 million, compared to last year’s period. MGC Diagnostics Corp (NASDAQ:MGCD), ended the last trading day at $8.86. Company weekly volatility is calculated as 6.98% and price to cash ratio as 3.36. MGC Diagnostics Corp (NASDAQ:MGCD), showed a negative weekly performance of 13.25%.
A federal judge has issued a final order approving Lime Energy Co. (NASDAQ:LIME), $2.5 million settlement of a class-action lawsuit over $31.6 million of misreported revenue at the Huntersville-based company (NASDAQ:LIME). Lime Energy Co. (NASDAQ:LIME), net profit margin is -49.00% and weekly performance is -4.53%. On last trading day company shares ended up $2.53. Lime Energy Co. (NASDAQ:LIME), distance from 50-day simple moving average (SMA50) is -13.85%.