Seabridge Gold (USA) (NYSE:SA) down by 7.83%, Meritor Inc (NYSE:MTOR)

Posted by Samantha Donahue May 20, 2013 0 Comment 974 views


Seabridge Gold (USA) (NYSE:SA) completed the day’s run at $9.30 per share, down by 7.83% (-$0.79) from previous day’s closing price of $10.09. The price of the stock reached a high of $10.01 and went till a low of $9.25 after it commenced the day’s trading with an opening price of $9.96. The share price in the last 52 weeks has seen a range of $9.25 – $20.33. The number of shares of the company that changed hands during the day’s trading is 589.442K when on an average in the last 30 days, the volume of shares traded everyday stands at 377.761K. The earnings-per-share figure of the company, standing at -$0.28, reveals that it has been bearing losses but it has a strong figure of 5.11 when it comes to the current ratio, suggesting good working capital management. The company also shows unleveraged financing with the total-debt/equity ratio standing at 0.00, i.e. the financing is debt free. A high operating margin of 38.62% suggests beneficial pricing and efficiency in operations. The return-on-average-equity is a meager number, standing at -5.37% revealing low corporate profitability.

The company, engaged in acquiring and exploring gold deposits, has reported that gold from the new deposit at Walsh Lake is manageable and easily treatable, a welcome news for the company.

Meritor Inc (NYSE:MTOR) completed the day’s run at $6.53 per share, up by 4.65% ($0.29) from previous day’s closing price of $6.24. The price of the stock reached a high of $6.62 and went till a low of $6.24 after it commenced the day’s trading with an opening price of $6.30. The share price in the last 52 weeks has seen a range of $3.83 – $6.62. The number of shares of the company that changed hands during the day’s trading is 1.84 million when on an average in the last 30 days, the volume of shares traded everyday stands at 1.76 million. The earnings-per-share figure of the company standing at $0.35 reveals that it has been gaining profits but it has a strong figure of 1.22 when it comes to the current ratio, suggesting good working capital management. A low operating margin of 3.92% suggests beneficial pricing and efficiency in operations.


About Samantha Donahue

Samantha Donahue is a digital fellow with GDP insider. Samantha earned a Bachelor's degree in Government from Cornell University and later his Master's degree in Journalism from Columbia University. She has also received numerous awards from the Associated Press, Society of Professional Journalists, and other media organizations for many of her exclusive stories. Samantha thrives reporting on breaking news and as a general assignments news reporter.

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