Stamford, CT -- (SBWIRE) -- 08/27/2013 -- High Rising Stocks provides investors with the hot penny stock alerts on a regular basis. We will send you alerts through our Free E Newsletters with High Yielding alerts, market forecasting, stock tips and strategies, and offer you the tools to help you along the way with the goal of keeping you loyal to our service. Today’s stocks to watch are: American Equity Investment Life Holding (NYSE:AEL), McEwen Mining Inc (NYSE:MUX), Akorn, Inc. (NASDAQ:AKRX), Endeavour Silver Corp. (CAN) (NYSE:EXK)
American Equity Investment Life Holding (NYSE:AEL) declined 1.55% to $19.11 on a traded volume of 1.08 million shares. American Equity Investment Life Holding Company intends to commence exchange offers to purchase for cash and, in certain circumstances, newly issued shares of its common stock, any and all of its $200,000,000 principal amount of outstanding 3.50% Convertible Senior Notes due 2015 and any and all of its $115,839,000 principal amount of outstanding 5.25% Contingent Convertible Senior Notes due 2029.
Should Investors Buy AEL After Yesterday’s Slump? Find Out Here
McEwen Mining Inc (NYSE:MUX) soared 2.17% to $2.83 on a traded volume of 1.31 million shares. Last week, McEwen Mining Inc. announced core drill results from its new Twin Domes discovery, including 9.7 gpt gold over 10.3 meters and 5.0 gpt gold over 16.8 meters. These results are a follow-up to the discovery holes announced in April, which intersected 8.8 gpt gold over 9.7 meters and 9.8 gpt gold over 4.6 meters, in addition to a trench that returned 20.9 gpt gold over 12.7 meters. The Company believes Twin Domes is attractive due to its higher gold grades and its close proximity to the Company's process plant.
How Should Investors Trade MUX After The Recent Volatility? Get Free Report Here
Akorn, Inc. (NASDAQ:AKRX) jumped up 11.37% to $18.30 on a traded volume of 1.23 million shares. Akorn will pay $43.50 per Hi-Tech share, representing a premium of 23.5% to Hi-Tech's last close. This deal will make Akorn the third-largest U.S. generic ophthalmic player and will significantly increase its retail presence in both prescription and over-the-counter products, the companies said in a statement. The acquisition will also add branded OTC products in the categories of cough & cold, nasals, and topicals to Akorn`s existing TheraTears brand of eye care products.
Is AKRX A Good Buy After The Recent Price Movement? Find Out Here
Endeavour Silver Corp. (CAN) (NYSE:EXK) increased 4.32% to $5.79 on a traded volume of 1.14 million shares. The 52-week range for the stock is $2.88 and $10.73. The Company has Price/Sales ratio of 2.13 and Price/Book ratio of 1.57. The 50-Day Moving Average and 200-Day Moving Average prices is $4.08 and $4.77 respectively.
Should Investors Rush To Buy EXK After The Solid Rally? Get Special Report Here
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