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Stocks in Focus: Denison Mines, Oclaro, Brigus Gold Corp, Zogenix

 
 
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Lakeway, NY -- (SBWIRE) -- 03/18/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Denison Mines Corp (USA) (NYSEAMEX:DNN) shares jumped 4.03% and closed at $1.29 in the last trading session. The company, on Jan. 31, announced the closing of its previously announced acquisition of the outstanding common shares of JNR Resources Inc. (JNR). The transaction was completed pursuant to a plan of arrangement (the Arrangement) in accordance with the Business Corporations Act (British Columbia), which was approved by the British Columbia Supreme Court yesterday. Securityholders of JNR approved the Arrangement on January 28, 2013.

Is DNN a Strong Buy After The Recent Slump? Let’s Find out Here

Oclaro, Inc. (NASDAQ:OCLR) shares jumped 6.57% and closed at $1.46. The company, last month, announced significant advancements in its red laser diodes that has enabled them to reduce the size of 4 beam red laser diodes by 75 percent (from TO9.0mm to TO5.6mm) and 8 beam red laser diodes by 80 percent (from TO16.0 to TO9.0mm.)

Is OCLR a Strong Buying Opportunity After The Recent Slump? Find out Here

Brigus Gold Corp (USA) (NYSEAMEX:BRD) shares gained 6.24% to $0.800. The company will conduct a teleconference in conjunction with its fourth quarter earnings release on Thursday, March 28, 2013. The teleconference will begin at noon Atlantic time (11:00 a.m. Eastern time) on the same day to discuss the fourth quarter financial results.

Should Investors Consider BRD After The Recent price Action? Get Free Trend Analysis Here

Zogenix, Inc. (NASDAQ:ZGNX) stock climbed 6.3% to $1.99. The company, on Mar. 15, reported financial results for the fourth quarter and full year ended December 31, 2012. Total revenues for the fourth quarter 2012 of $9.5 million consisted solely of net product revenue. During the fourth quarter 2011, total revenues of $7.9 million also included $2.5 million in contract revenue related to the Company's previous co-promotion agreement with Astellas which ended March 31, 2012. Net loss for the fourth quarter 2012 was $0.6 million, or $0.01 per share, compared to a net loss of $23.7 million, or $0.36 per share, for the fourth quarter 2011.

Get latest News, Updates on ZGNX Here

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