On Wednesday, Following Stocks were among the “Top 50 Losers” of U.S. Stock Market: Joe’s Jeans Inc (NASDAQ:JOEZ), Sociedad Quimica y Minera de Chile (ADR) (NYSE:SQM), Midway Gold Corp (USA) (NYSEMKT:MDW)
Joe’s Jeans Inc (NASDAQ:JOEZ), with shares declined -20.67%, closed at $0.0952, hitting new 52-week low of $0.08.
Sociedad Quimica y Minera de Chile (ADR) (NYSE:SQM), with shares dropped -15.61%, settled at $18.65, hitting new 52-week low of $15.02.
Midway Gold Corp (USA) (NYSEMKT:MDW), with shares dipped -12.52%, and closed at $0.358, hitting new 52-week low of $0.34.
Latest NEWS regarding these Stocks are depicted underneath:
Joe’s Jeans Inc. (NASDAQ:JOEZ)
During the late trading Wednesday, Joe’s Jeans Inc. (JOEZ), hit its new 52-week low of $0.08. This is the worst market price hit for the year. While, the company can’t give any extra-ordinary performance from Mar 20, 2014, when it lastly hit it’s the best market price for the year of $1.29.
Looking into the historical prices, we come to know that on March 17, the company opened its trading session from $0.14, and through the end of the day, the trading prices continue to float between $0.11 to $0.14, and closed at $0.12.
On February 11, the corporation showed its capability to give much better performance as that of now, when it settled to close on $0.55, after floating between $0.48 to $0.57. The starting price on that day was $0.50, and it had attained the volume of 1,128,400 shares.
The company after that gained a pace and its volume start to increase gradually, as on Feb 17, 2015, the company attained the biggest volume for the quarter period i.e., of 3,483,900 shares. The stock was settled on $0.21, while its opening price was $0.30, that day.
Joe’s Jeans Inc., together with its auxiliaries, designs, develops, and markets apparel products in the United States. The corporation operates through two segments, Wholesale and Retail.
Chemical & Mining Co. of Chile Inc. (NYSE:SQM)
At the beginning of the month, i.e., on March 3, Chemical & Mining Co. of Chile Inc. (SQM), stated earnings for the twelve months ended December 31, 2014 of US$296.4 million (US$1.13 per ADR), a decrease from US$467.1 million (US$1.77 per ADR) for the twelve months ended December 31, 2013. Gross margin reached US$583.0 million (28.9% of proceeds) for the twelve months ended December 31, 2014, lower than US$721.5 million (32.7% of proceeds) recorded for the twelve months ended December 31, 2013. Proceeds totaled US$2,014.2 million for the twelve months ended December 31, 2014, representing a decrease of 8.6% contrast to US$2,203.1 million stated for the twelve months ended December 31, 2013.
The Corporation also declared earnings for the fourth quarter of 2014, reporting net revenue of US$78.0 million (US$0.30 per ADR) contrast to US$69.0 million (US$0.26 per ADR) for the fourth quarter of 2013. This comparison is affected by the sale of mining rights to Antofagasta Minerals during the fourth quarter of 2014, which had a one-time, before-tax effect of US$13 million on net revenue. Gross margin for the fourth quarter of 2014 reached US$140.4 million, lower than the US$146.3 million recorded for the fourth quarter of 2014. Proceeds totaled US$491.4 million, a decrease of about 0.2% contrast to the fourth quarter of 2013, when proceeds amounted to US$492.2 million.
Chemical and Mining Corporation of Chile Inc. is engaged in the production and distribution of specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, potassium chloride and potassium sulfate, industrial chemicals, and other commodity fertilizers.
Midway Gold Corp. (NYSEMKT:MDW)
On Wednesday, Midway Gold Corp. (MDW), filed SEC form 8-K, Regulation FD Disclosure.
On Monday, the company declared financial results for the period ended December 31, 2014. These results were filed recently with the United States Securities and Exchange Commission in the Corporation’s annual report on Form 10-K and with the relevant securities regulators in Canada.
Midway Gold Corp. engages in the attainment, exploration, and development of gold and silver mineral properties in North America. The corporation holds interest in the Pan and Gold Rock Projects located along the prolific Battle Mountain/Eureka gold trend; the Spring Valley property, which is located in the Spring Valley Mining District, Pershing County, Nevada.
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