Magnum Hunter Resources Corp (NYSE:MHR) up by 4.66%, Golden Star Resources Ltd. (USA) (NYSEMKT:GSS)

Posted by Ryan Mandell May 14, 2013 0 Comment 1083 views


Miami, FL 05/14/2013 (GDPInsider) – Magnum Hunter Resources Corp (NYSE:MHR) is hovering at $3.49 after making its intraday high of $3.48 and a low of $3.19 respectively. The day’s trading volume of the company is about 3.37 million, the average volume of Magnum Hunter as measured over the past 30 days is close to 7.14 million. The relative volume of Magnum Hunter calculated taking past 3 months volume is 0.48. The short float percentage is 23.31% of the total share float of 158.77 million. The short ratio of the company is currently at 6.98. The share price at current level is trading below its 50 day SMA of $3.52 and also below its 200 day SMA of $3.94. The total dollar value of all the company’s 168.63 million outstanding shares is currently is $542.99 million; this is a measure of corporate size of Magnum Hunter. The return on asset of the company is -7.62%, this is a negative sign on the company’s efficiency to use its assets.

Lieff Cabraser Announced that a Class Action Litigation has been filed Magnum Hunter on behalf of stockholders who bought the shares between January 17, 2012 and April 22, 2013.

Is MHR a solid investment at these levels? Get valuable updates and exclusive insights here.

Golden Star Resources Ltd. (USA) (NYSEMKT:GSS) is hovering at $0.790 after making its intraday high of $0.80 and a low of $0.77 respectively. The day’s trading volume of the company is about 0.231 million, the average volume of Golden Star as measured over the past 30 days is close to 2.48million. The relative volume of Golden Star calculated taking past 3 months volume is 0.75. The short float percentage is 5.00% of the total share float of 257.78 million. The short ratio of the company is currently at 6.00. The share price at current level is trading below its 50 day SMA of $1.30 and also below its 200 day SMA of $1.59. The total dollar value of all the company’s 259.11 million outstanding shares is currently is $199.51 million; this is a measure of corporate size of Golden Star. The return on asset of the company is -1.41%, this is a negative sign on the company’s efficiency to use its assets.

How Should Investors Trade GSS Now? Get the latest trends and data here.

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About Ryan Mandell

Ryan Mandell is our senior staff writer covering the White House for Political Report, Ryan also coordinates with the main newsroom news items and contributing write-ups on cultural, social and political activities. Ryan holds an undergraduate degree in journalism, a Doctorate in international relations and a Master Degree in mass communications with an emphasis in print journalism. Ryan also covered the International Society of Social Defense congress in Spain in 2007 and taken part in the Global Forum on economic policies

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