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Tuesday 7 April 2015
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Following 4 Stocks Going Down: North Atlantic Drilling Ltd (NYSE:NADL), Kinross Gold Corporation (USA) (NYSE:KGC), OvaScience Inc (NASDAQ:OVAS), NovaGold Resources Inc. (USA) (NYSEMKT:NG)

On Tuesday, Following Stocks were among the “Top 100 Losers” of U.S. Stock Market: North Atlantic Drilling Ltd (NYSE:NADL), Kinross Gold Corporation (USA) (NYSE:KGC), OvaScience Inc (NASDAQ:OVAS), NovaGold Resources Inc. (USA) (NYSEMKT:NG)

North Atlantic Drilling Ltd (NYSE:NADL)’s shares dwindled -4.27%, and closed at $1.12, hitting new 52-week low of $1.11. The stock volatility for the week is 7.09%, while for the month remained 6.97%. The company holds consensus target price of $4.07.

If we consider EPS growth of the company, then the company indicated the following observations:

The company showed -1.39 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained -88.70% and Annual EPS growth for the past 5 years is considered as -9.17%.

The mean recommendation of analysts for this stock is 3.00. (where 1=Buy, 5=Sale).

North Atlantic Drilling Limited operates as an offshore drilling services contractor in the North Atlantic region. The company provides harsh environment offshore drilling services to the oil and gas industry primarily in Norway and the United Kingdom. It operates drillships, semi-submersible rigs, jack-up rigs, and tender rigs. As of December 31, 2013, the company owned eight offshore drilling rigs, counting two rigs under construction compriseing of one drillship, three jack-up rigs, and four semi-submersible rigs. It also has a contract for the construction of one semi-submersible rig. The company was founded in 2011 and is headquartered in Hamilton, Bermuda. North Atlantic Drilling Limited is a partner of Seadrill Limited.

Kinross Gold Corporation (USA) (NYSE:KGC), declined -4.27%, and closed at $2.24. The company holds the market capitalization of $2.38B. For the last twelve months, the stock was able to keep return on equity at -20.20%, while return on assets at -11.80%, in response to its return on investment at -18.80%. Its 20-day moving average declined -14.47%, below 50-day moving average of -26.01%, above 200-day moving average of -33.27% from the latest market price of $ 2.24. The mean recommendation of analysts for this stock is 2.70.(where 1=Buy, 5=Sale).

Kinross Gold Corporation, together with its subsidiaries, is engaged in mining and processing gold and silver ores. It is involved in the exploration, attainment, development, and operation of gold bearing properties. The company has operations in Canada, the United States, the Russian Federation, Brazil, Ecuador, Chile, Ghana, and Mauritania. As of December 31, 2013, its proven and probable mineral reserves comprised of 42.8 million ounces of gold, 44.8 million ounces of silver, and 1.4 billion pounds of copper. The company was founded in 1972 and is based in Toronto, Canada.

OvaScience Inc (NASDAQ:OVAS), dipped -4.13%, and closed at $42.06. The company has the market capitalization of $1.19B. On the other hand the stock’s volatility for the week is 7.01%, and for the month is 5.90%. The stock’s price to book ratio is 14.55, however price to cash ratio is $15.79. Analyst’s mean recommendation regarding this stock is 1.40. (where 1=Buy, 5=Sale).

OvaScience, Inc., a life sciences company, is engaged in the discovery, development, and commercialization of new treatments for infertility. The company’s patented technology is based on the discovery of egg precursor cells (EggPCs), which are found in the ovaries. It is developing various fertility treatment options designed to enhance egg quality and in vitro fertilization (IVF) comprising AUGMENT to improve egg quality and raise the success of IVF by transferring mitochondria from a woman’s EggPCs to her mature egg during IVF; OvaPrime for boosting a woman’s egg reserve by transferring the EggPCs from the outer layer of her ovary back into the ovary prior to IVF; OvaTure to create mature fertilizable eggs from a woman’s own EggPCs without the need for hormone injections; and OvaXon to develop an approach to the prevention of genetic disease and animal health.

NovaGold Resources Inc. (USA) (NYSEMKT:NG), dropped -4.04%, and closed at $2.85. The stock has price to book ratio of 2.23, however, price to cash ratio is 5.50. With recent decline, the year-to-date (YTD) performance reflected a -3.39% decline below last year. During the past month the stocks lose -28.03%, bringing three-month performance to 6.34% and six-month performance to -19.26%. The mean recommendation of analysts for this stock is 3.00. (where 1=Buy, 5=Sale).

NovaGold Resources Inc. explores and develops mineral properties in Canada and the United States. The company primarily explores for gold, silver, and copper deposits. Its flagship project is the 50%-owned Donlin Gold project covering an area of 81,361 acres located in the Kuskokwim region of southwestern Alaska. The company was formerly known as NovaCan Mining Resources (1985) Limited and changed its name to NovaGold Resources Inc. in March 1987. NovaGold Resources Inc. was founded in 1984 and is based in Vancouver, Canada.

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