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Los Angelas, CA -- (SBWIRE) -- 10/08/2012 -- Primero Mining Co (NYSE:PPP) is +1.97 - +36.48% from the previous close of $5.40. It traded between $7.05 - 7.92 with total traded volume of 7631120 shares. Keep a close eye on PPP, as the stock has been showing unusual moves over the past weeks. At Current market price, PPP has recovered +223.25% from its 52-week Low of 2.28 and has Pulled back -6.94% from its 52-week high of 7.92. Primero Mining Corp (NYSE:PPP) announced that its Mexican subsidiary gained a positive ruling from the Mexican tax authorities regarding its Advance Pricing Agreement, or APA, filing that was made in October 2011. The ruling claims that the company’s Mexican subsidiary appropriately records revenue and taxes from sales beneath the silver purchase agreement at realized prices instead of spot prices beginning Aug. 6, 2010.
Should Investor Exit From PPP: FIND HERE
Acadia Pharmaceuticals (NGM:ACAD) has been running up ahead of anticipated clinical trial results to be released next month. After a recent consolidation, ACAD may be ready to breakout for a second leg up. ACADIA Pharmaceut reported EPS of -0.42. For the Current Fiscal year, the company is expected to report EPS of -0.40. For the Next Quarter and Next Year, the company is expected to report EPS of -0.09 and -0.20 respectively. At Current Market Price, ACAD is in distance of +22.30% from its 50-day Moving Average price of $2.1423 and +49.98% from its 200-day Moving Average price of $1.7469. ACADIA Pharmaceuticals Inc.(NASDAQ:ACAD) shares climbed 11.29% and closed at $2.76 in the previous trading session. The company, last month, announced the completion of enrollment in its ongoing pivotal Phase III trial with pimavanserin, in patients with Parkinson’s disease psychosis. The company expects top-line results from the trial by the end of November. Pimavanserin is ACADIA’s proprietary small molecule that acts selectively as an antagonist/inverse agonist on serotonin 5-HT2A receptors and is in Phase III development as a potential first-in-class treatment for Parkinson’s disease psychosis.
Can ACAD Proceed To Shift Higher? Get A Free Report
Shares of ShoreTel, Inc. (NasdaqNM:SHOR) are trading at $4.71 and is +13.74% from its 50-day Moving Average price of $4.1409 and +5.85% from its 200-day Moving Average price of $4.4499. The average trading volume is 234168 shares and its market capitalization is $274.7M. ShoreTel, Inc.(NASDAQ:SHOR) shares climbed 12.89% and closed at $4.73 in the previous trading session. The company, last month, announced it has been named a winner of the Midsize Enterprise Summit (MES) West 2012 XCellenceAwards in the category of Best Midmarket Software Solution, Best Demonstration of ROI, and Best Execution of a Midmarket IT Solution. Sponsored by XChange Events, the Midsize Enterprise Summit XCellence Awards measure overall IT decision makers’ perceptions of vendor products/services, presentations, and presence during MES West.
Can SHOR Continue To Move Higher? Find Out Here
Cemex, S.A.B. de (NYSE:CX) is very active today and traded between $8.99 - 9.48 with total traded volume of 27432004 shares. At a current price of 9.12, CX is +0.15 - +1.67% from the previous close of $8.97. Moreover, At Current Market Price, CX is in distance of +11.65% from its 50-day Moving Average price of $8.1683 and +30.50% from its 200-day Moving Average price of $6.9886. Cemex SAB de CV (NYSE:CX) is up yesterday on good payroll numbers, along with positive news regarding the cement and concrete company’s new notes. Year to date the stock has risen 73% and it has more than tripled since a year ago, though it is still down 70% from its level from this point in 2007. Despite its market capitalization- which passed above $10 billion on the stock’s rise yesterday- Cemex is actually unprofitable on a trailing basis, and is expected to see a loss of 38 cents per share this year. It is expected to improve in 2013, but still finish that year with a narrow loss.
What's The Next Target Of CX : FIND HERE
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