Can These Companies Maintain Their Momentum? Midway Gold Corp (USA)(NYSEMKT:MDW), Neuralstem, Inc.(NYSEMKT:CUR), and Dot Hill Systems Corp.(NASDAQ:HILL)
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Midway Gold Corp (USA)(NYSEMKT:MDW) saw its value increase by 5.36% during Friday’s trading, gaining five cents to close at $0.94. The stock has traded within a range of $0.80 to $0.98 over the past three months, representing relatively consistent values for the Colorado-based gold and silver mining properties developer. Nevertheless, the stock remains fifty cents below its 52 week high of $1.44. On July 21st, the company announced the closing of its previously announced $55 million senior secured project finance facility.
Neuralstem, Inc.(NYSEMKT:CUR) gained $0.15 to finish Friday’s trading at a closing price of $3.01, a 5.24% increase in value. The stock traded within a range of $2.67 to $3.03 during the day. On June 30th, Neuralstem was added to the Russell 3000 index, which would have increased the stock’s visibility during the past month. Neuralstem’s stock has gained four cents in after-hours trading, a 1.33% increase that moves the stock to a value of $3.05.
Dot Hill Systems Corp.(NASDAQ:HILL) rose eighteen cents to close at $4.11, which represents a 4.58% increase in value from the previous closing price. On July 28th, the Colorado-based storage solutions company announced it would release its second quarter 2014 financial results on August 7th, 2014. Dot Hill Systems will also be one of sixty public companies on display at the 3rd Annual Gateway Conference in San Francisco on Sept. 4th, which should increase the visibility of the Russell 3000-indexed company.
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