Stamford, CT -- (SBWIRE) -- 08/29/2013 -- High Rising Stocks provides investors with the hot penny stock alerts on a regular basis. We will send you alerts through our Free E Newsletters with High Yielding alerts, market forecasting, stock tips and strategies, and offer you the tools to help you along the way with the goal of keeping you loyal to our service. Today’s stocks to watch are: Silver Standard Resources Inc. (USA) (NASDAQ:SSRI), PDL BioPharma Inc. (NASDAQ:PDLI), GT Advanced Technologies Inc(NASDAQ:GTAT), K12 Inc. (NYSE:LRN)
Silver Standard Resources Inc. (USA) (NASDAQ:SSRI) shares increased 4.36% to $8.86. The company, on August 7 reports consolidated financial results for the second quarter ended June 30, 2013 and other corporate activities. During the second quarter of 2013, 365,000 tonnes of ore were milled, compared to 396,000 tonnes in the first quarter of 2013. Cash costs, which include cost of inventory, treatment and refining costs, and by-product credits, were $13.03 per payable ounce of silver sold in the second quarter of 2013 compared to $13.58 per payable ounce of silver sold in the first quarter of 2013 and $16.54 per payable ounce of silver sold in the second quarter of 2012.
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PDL BioPharma Inc. (NASDAQ:PDLI) stock fell 1.21% to $7.85. The company on August 8 reported financial results for the second quarter and six months ended June 30, 2013. Royalty revenues for the second quarter of 2013 increased 14 percent to $143.6 millionfrom $125.9 millionreported in the second quarter of 2012. Net income for the second quarter of 2013 was $93.7 million, or $0.62per diluted share, as compared with net income of $73.5 million, or $0.52per diluted share, in the same quarter of 2012.
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GT Advanced Technologies Inc(NASDAQ:GTAT) shares gained 3.06% to $6.57. Research analysts at Gilford Securities boosted their target price on shares of GTAT from $6.40 to $10.00 in a report released on August 22. The firm currently has a “buy” rating on the stock.
Additionally, the company on August 5 reported results for the second quarter of fiscal year 2013, which ended June 29, 2013. Revenue for the second quarter came in at $168.3 million. Non-GAAP net income was $18.1 million in the second quarter, compared to a non-GAAP net loss of $8.9 million in the first quarter and non-GAAP net income of $19.3 million for the second quarter of calendar 2012.
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K12 Inc. (NYSE:LRN) shares gained 10.92% to $35.45. The company on August 29 announced its results for the fourth fiscal quarter and full fiscal year ended June 30, 2013. Revenues for the fiscal year ended June 30, 2013 grew 19.7% to $848.2 million, primarily due to a 12.7% increase in average student enrollments and an increase in average revenue per student in our managed public schools business. Net income attributable to common and Series A stockholders grew by 60.6% to $28.1 million. Diluted net income attributable to common stockholders per share, which reflects a pro rata allocation of net income to Series A stockholders, grew 60.0% to $0.72.
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