Investor's News Buzz on General Moly (NYSE:GMO) and MEMSIC (NASDAQ:MEMS)

New York, NY -- (SBWIRE) -- 03/11/2013 -- StockRunway.com issues special report on the Investor’s News Buzz – General Moly, Inc (NYSEAMEX:GMO), MEMSIC, INC (NASDAQ:MEMS)

The Lakewood, Colorado based General Moly, Inc (NYSEAMEX:GMO) on Friday announced fiscal Q4 net loss of $2.0 million or $0.03 a share, narrower than $2.9 million or $0.03 a share in the similar period previous year.

Thomson Reuters 3 analysts’ survey on average forecasted to announce a loss of $0.02 a share. Analysts' forecasts usually exclude special items.

For the full year finished December 31, 2012, Net loss of company narrowed to $9.9 million or $0.11 a share from $14.8 million or $0.16 a share in same period previous year. Shares of General Moly plunged -1.36% to settle at $2.91.

Will GMO Get Buyers Even After The Recent Rally? Find Out Here

MEMSIC, INC (NASDAQ:MEMS) announced on Friday that its fiscal Q4 GAAP net loss attributable to the corporation was $1.4 million or $0.06 a share, evaluated against a loss of $3.3 million or $0.14 a share in same period of previous year.

The Andover, Massachusetts based company announced a net loss of $0.8 million or $0.03 for three months period and net income of $1.2 milliner $0.05 a share for same period in 2011.Memsic Net sales totaled $14.2 million evaluated against $21.5 million in same quarter in 2011.

Thomson Reuters analysts survey forecasted to announce a loss of $0.04 a share on $15.05 million of revenues for three months period. Analysts forecast to announce a loss of $0.05 a share on $15.55 million of revenues for fiscal Q1.

Should MEMS a Buy or Sell Now? Find Out Here

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