Stocks to Watch: Silver Standard Resources Inc, Yamana Gold Inc, New Gold Inc, Cal Dive International

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:-

Silver Standard Resources Inc. (USA) (NASDAQ:SSRI) shares decreased 6.39% and closed at $9.37 in the last trading session. The company, last week, reported consolidated financial results for the fourth quarter and year-ended December 31, 2012. The company generated annual sales revenue of $241 million, a 63% increase over the $148 million generated in 2011. The company increased cash and cash equivalents to $367 million from $329 million at December 31, 2011.

How Should Investors Trade SSRI After The Recent Movement? Find Out Here

Yamana Gold Inc. (USA) (NYSE:AUY) shares fell 6.22% to $13.86. The company, on Feb. 20, announced that for fiscal 2013, it expects production to be in the range of 1.44 million to 1.60 million GEO with a target level of 1.48 million GEO. For fiscal 2014, it expects production to be in the range of 1.60 to 1.77 million GEO with a long-term sustainable target of 1.75 million GEO, representing an increase by approximately 33% from fiscal 2012 levels. By fiscal 2015, production is targeted to be at a sustainable level of approximately 1.75 million GEO.

Is AUY Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

New Gold Inc. (USA)(NYSEAMEX:NGD) shares decreased 6.16% to $8.69. The company, on Feb. 19, announced that for fiscal 2013, it expects gold production of 440,000 to 480,000 ounces. The 52 week trading range of the stock is $7.13 – $12.84.
Additionally, the company plans to announce its fourth quarter and year end 2012 financial results after market close on Thursday, February 28, 2013.

Is NGD a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here

Cal Dive International, Inc. (NYSE:DVR) shares decreased 6.11% and closed at $1.69. The company, last week, said it generated a fourth quarter 2012 loss of $4.4 million, or $0.05 per diluted share. For the fourth quarter 2012, the Company reported EBITDA of $13.5 million compared to $12.8 million for the fourth quarter 2011. The Company reported a full year 2012 loss of $65.0 million, or $0.70 per diluted share compared to a full year 2011 loss of $66.9 million, or $0.73 per diluted share.

How Should Investors Trade DVR After The Latest Earnings Report? Find Out Here

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