Insights about U.S. Stocks that landed in the Red-Zone during Thursday’s trade, are depicted underneath:
Sophiris Bio Inc (NASDAQ:SPHS)’s shares dwindled -10.22%, and closed at $0.730.The stock volatility for the week is 41.42%, while for the month remained 15.62%. The mean recommendation of analysts for this stock is 2.40. (where 1=Buy, 5=Sale).
Semtech Corporation (NASDAQ:SMTC), declined -10.21%, and closed at $26.30.
Semtech Corporation (SMTC), a leading supplier of analog and mixed-signal semiconductors, recently declared that Actility, a leading Low Power Wide Area Network (LPWAN) solution provider, has been selected for deployment by four operators, counting Swisscom and NKE Electronics, for LoRaWAN™ deployments. The Actility ThingPark solution is a complete solution for large scale LPWAN deployments using the LoRaWAN technology, which is now being standardized by the LoRa Alliance. The LoRa Alliance is one of the fast growing alliances with the members focused on collaboratively driving the LoRaWAN™ protocol global success, by sharing knowledge and experience to ensure interoperability among all telecom operators and private networks deploying the technology. The LoRaWAN protocol offers many benefits over competing technologies, such as bi-directionality, security, mobility for asset tracking, and accurate localization.
“Time-to-market is critical for operators that want to capture the IoT opportunity. We have taken a holistic approach with a platform that addresses not only core network administration, but also customer enrollment, activation and billing and facilitates purchasing of third party value-added services. We can enable commercial LPWA networks in less than a month,“ said Olivier Hersent, CEO of Actility and secretary of the technical working group of the LoRa Alliance.
Actility also declared at the Mobile World Congress in Barcelona its technology partnership with Swisscom around LoRaWAN-based networks.
Semtech Corporation is a leading supplier of analog and mixed-signal semiconductors for high-end consumer, computing, communications and industrial equipment. Products are designed to benefit the engineering community in addition to the global community. The corporation is dedicated to reducing the influence it, and its products, have on the environment.
Thompson Creek Metals Company Inc (USA) (NYSE:TC), dipped -9.66%, and closed at $1.31.
Formerly On February 19, Thompson Creek Metals Corporation Inc. (TC), a North American mining corporation, declared financial results for the three months and year ended December 31, 2014 , prepared in accordance with United States generally accepted accounting principles (“US GAAP”). All dollar amounts are in United States (“US”) dollars unless otherwise indicated.
Highlights for 2014:
Total cash and cash equivalents at December 31, 2014 were $265.6 million contrast to $233.9 million at December 31, 2013. Total debt, counting capital lease obligations, at December 31, 2014 was $944.7 million, contrast to $1.0 billion at December 31, 2013.
Cash generated by operating activities was $184.8 million in 2014 contrast to $44.8 million in 2013.
Mount Milligan Mine achieved commercial production, defined as operation of the mill at 60% design capacity mill throughput for 30 days, and has been cash flow positive since the second quarter of 2014. In 2014, we made 12 shipments of concentrate from Mount Milligan Mine and recognized 12 sales.
Thompson Creek Metals Corporation Inc. is a North American mining corporation. The Corporation’s principal operating property is its 100%-owned Mount Milligan mine, an open-pit copper and gold mine and concentrator in British Columbia. The Corporation’s molybdenum assets comprise of its 100%-owned Thompson Creek Mine, an open-pit molybdenum mine and concentrator in Idaho , its 75% joint venture interest in the Endako Mine, an open-pit molybdenum mine, concentrator and roaster in British Columbia , and its Langeloth Metallurgical Facility in Pennsylvania.
Eclipse Resources Corp (NYSE:ECR), dropped - 8.62%, and closed at $6.57.
Eclipse Resources Corporation (ECR), declared its 2014 and fourth quarter 2014 financial and operational results. Highlights for the year and fourth quarter comprise:
2014 adjusted net production averaged about 73.5 MMcfe per day for the year, contrast to 4.5 MMcfe per day for 2013
Fourth quarter 2014 adjusted net production rose to 130.7 MMcfe per day, representing a 52% raise in production as contrast to the third quarter of 2014
2014 average daily net liquids production was 3,098 barrels per day, surpassing the midpoint of the Corporation’s formerly issued guidance and representing 26% of total net production
Fourth quarter 2014 average daily net liquids production was 5,480 barrels per day, or 27% of total net production, and represented an raise of 78% contrast to the third quarter of 2014
2014 adjusted proceeds grew to $138.0 million, representing a 967% raise from 2013, and grew to $52.6 million in the fourth quarter of 2014, a 45% raise relative to the third quarter of 2014
Adjusted EBITDAX grew to $62.4 million for the year and was $25.9 million for the fourth quarter, representing a 98% raise relative to the third quarter of 2014
Unit operating costs were $1.27 per Mcfe for the year and fourth quarter 2014 unit operating costs were $1.17 per Mcfe, a $0.28 reduction relative to the midpoint of guidance and a $0.23 reduction relative to the third quarter of 2014
2014 capital expenditures were $809 million, in-line with our guidance for the year
Proved reserves at the end of 2014, raised by 353% to about 355.8 Bcfe (28% liquids) with a pre-tax PV-10 of $509.4 million
28 gross (22 net) operated and 65 gross (10 net) non-operated Utica Shale wells turned to sales during 2014 and 11 gross (9 net) operated and 19 gross (2 net) non-operated Utica Shale wells turned to sales during the fourth quarter of 2014
Reduced drilling times and raised accomplished stages per day with average drilling times reduced by 36% to 16 days as contrast to the IPO plan of 25 days, and with average accomplished stages per day improving by 67% from 3 stages per day to 5 stages per day
Subsequent to year-end, Eclipse Resources closed its declared sale of ordinary equity raising net proceeds of about $434 million and providing the Corporation with about $575 million of pro forma liquidity at year-end.
Eclipse Resources is an independent exploration and production corporation engaged in the attainment and development of oil and natural gas properties in the Appalachian Basin, counting the Utica Shale and Marcellus Shale.
