Boston, MA -- (SBWIRE) -- 09/03/2013 -- At winstonsmallcap.com we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. Let have a Look on: (Allied Nevada Gold Corp. (NYSEAMEX:ANV), Walter Energy, Inc. (NYSE:WLT), Hecla Mining Company(NYSE:HL), Arch Coal Inc (NYSE:ACI)
Allied Nevada Gold Corp. (NYSEAMEX:ANV) shares decreased 1.07% to $4.64. The company on August 6 provided financial and operating results for the three and six months ended June 30, 2013. As a result of a 134% increase in gold ounces sold, revenue increased 75% in the second quarter of 2013 to $59.0 million, versus $33.7 million in the second quarter of 2012. Net income decreased 31% to $4.2 million or $0.04 per share in the second quarter of 2013, as against $6.1 million or $0.07 per share in the same quarter in 2012.
How Should Investors Trade ANV After The Recent Volatility? Get Free Report Here
Walter Energy, Inc. (NYSE:WLT) shares decreased 0.15% to $12.94. WLT’s Director David Beatty acquired 10,000 shares of Walter Energy stock on the open market in a transaction dated August 9. The shares were purchased at an average price of $12.49 per share, for a total transaction of $124,900.00.
Additionally, the company on August 1 reported a net loss of $34.5 million, or $0.55 loss per diluted share, in the second quarter 2013, as compared to net income of $31.9 million, or $0.51 per diluted share, in the second quarter of 2012. Second quarter 2013 consolidated revenues totaled $441.5 million, a decrease from $677.6 million in the second quarter of 2012.
How Should Investors Trade WLT After The Recent Volatility? Get Free Report Here
Hecla Mining Company(NYSE:HL) shares fell 1.72% and closed at $3.42. The company will begin trading ex-dividend on August 22, 2013. A cash dividend payment of $0.0025 per share is scheduled to be paid on September 03, 2013. Shareholders who purchased HL stock prior to the ex-dividend date are eligible for the cash dividend payment.
Additionally, the on August 8 announced a second quarter net loss of $25.0 million, or $0.08 per basic share, and a loss after adjustments applicable to common shareholders of $10.2 million, or $0.03 per basic share.
Is HL A Good Buy After The Recent Price Movement? Find Out Here
Arch Coal Inc (NYSE:ACI) shares declined 1.97% to $4.47. On August 28, FBR Capital resumes coverage on Arch Coal with a Outperform rating and $6 price target after the company closed the divestiture of its Canyon Fuel subsidiary to Bowie Resources for $423M in net proceeds.
Moreover, the company will begin trading ex-dividend on August 28, 2013. A cash dividend payment of $0.03 per share is scheduled to be paid on September 13, 2013. Shareholders who purchased ACI stock prior to the ex-dividend date are eligible for the cash dividend payment.
Is ACI A Strong Buy? Get Advantage Of Our Free Trend Analysis Here
Here at Winston we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. We focus on companies that we feel are trading at a discount to the market for various reasons. Enter your email and track our performance! We are sure you won’t be disappointed.
http://winstonsmallcap.com/and its owners, and their affiliates, directors and officers, and immediate family members, are hereafter collectively referred to as “WSC” or “we” or “us” or “our”). WSC publishes information (the “Information”) about publicly traded companies (the “Profiled Company” or the “Profiled Companies”) which has been obtained from various sources including publicly available sources on the internet. WSC does not undertake any due diligence or investigation of the Information it obtains or publishes.
Read Full Disclaimer at: http://winstonsmallcap.com/disclaimer
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)