Lakeway, TX -- (SBWIRE) -- 03/05/2013 -- Bestdamnpennystocks, 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:-
Compania de Minas Buenaventura SA (ADR) (NYSE:BVN) shares decreased 4.16% and closed at $24.44 in the last trading session. Golden Minerals Co last month announced the sale of exploration properties in Peru for approximately $4.8 million. The Company has entered into an agreement to sell the properties to Compania de Minas Buenaventura S.A.A. for $4.3 million, and has completed transactions for approximately $3.5 million of that amount. The sale of the remaining $0.8 million in exploration properties to Buenaventura is conditioned on the receipt of third party consents by February 28, 2013.
How Should Investors Trade BVN After The Recent Movement? Find Out Here
MAKO Surgical Corp. (NASDAQ:MAKO) shares decreased 4.16% to $12.22. The company, on Feb. 26, announced its operating results for the quarter and year ended December 31, 2012. Revenue was $30.2 million in the fourth quarter of 2012 compared to $32.9 million in the fourth quarter of 2011, representing an 8% decrease. Net loss for the three months ended December 31, 2012 was $5.7 million, or a loss of $0.13 per basic and diluted share, based on average basic and diluted shares outstanding of 44.5 million.
Additionally, Canaccord Genuity, on Feb. 27, reissued its Hold rating on MAKO and slightly lowered its price target from $13.00 to $12.00.
Is MAKO Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here
Basic Energy Services, Inc (NYSE:BAS) shares declined 4.14% to $13.65. The company, on Feb. 19, announced that for the first quarter of 2013, it expects revenues to be 2%-3% sequentially higher mainly due to seasonal factors. The Company reported revenue of $301.65 million in the fourth quarter of 2012. Analysts were expecting the Company to report revenue of $314.71 million for the first quarter of 2013.
Additionally, BAS’s stock had its price target raised by Wunderlich from $9.00 to $13.00 in a research note released on Feb. 25. They currently have a hold rating on the stock.
Is BAS a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here
Eldorado Gold Corp (USA)(NYSE:EGO) shares fell 4.11% and closed at $9.56. The company, on Feb. 22, announced that it expects gold production of 705,000 to 760,000 ounces in fiscal 2013. The company is a gold exploration, development, mining and production company. The Company owns and operates mines worldwide.
How Should Investors Trade EGO After The Latest Earnings Report? Find Out Here
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