Las Vegas, NV -- (SBWIRE) -- 09/12/2012 -- Great Basin Gold Ltd. (USA)(NYSEAMEX:GBG) is currently trading at $0.110, 55.10% lower on a traded volume of 12.48 million shares. The company announced that it has suspended operations at the Company's Burnstone mine located in the Witwatersrand Basin of South Africa as at September 11, 2012. The suspension of all development and production activities follows a recommendation from the Company's strategic review special committee, the formation of which was announced on August 15, 2012.
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Neuralstem, Inc. (NYSEAMEX:CUR) soared 15.19% to $0.910 on a traded volume of 1.78 million shares. Recently, the company announced that it has granted the first licenses for use of its Spinal Cord Delivery Platform and Floating Cannula, for delivering therapeutic agents to the spinal cord, to Salt Lake City-based Q Therapeutics.
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American Apparel Inc. (NYSEAMEX:APP) is up 6.20% to $1.37 on a traded volume of 969K shares. Last month, the company announced that it is raising its adjusted EBITDA guidance for fiscal 2012 to between $36 to $44 million from the prior estimate of $32 to $40 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EBITDA of $35 million for fiscal 2012.
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ImmunoCellular Therapeutics Ltd (NYSEAMEX:IMUC) lost 5.23% to $2.90 on a traded volume of 857K shares. Last week, the Maxim Group initiated coverage of the company with a Buy rating and a price target of $18.00.
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Taseko Mines Limited (USA)(NYSEAMEX:TGB) among the losers and the stock lost 5.83% to $3.23 on a traded volume of 678K shares. The average daily volume of the stock is 382K shares.
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