Small Cap Stocks to Watch: Lake Shore Gold Corp. (TSE:LSG), ValueVision Media Inc. (NASDAQ:VVTV)

Posted by Michael Korte May 24, 2013 0 Comment 1826 views


Northern, WI 05/23/2013 (GDPInsider) – Lake Shore Gold Corp. (TSE:LSG) is up 7.80% in early morning trading after starting the day at 0.29, 0.01 cent below its previous close of 0.30. The stock has a range of 0.2911 and 0.3190 with volume of 61.75K. Average volume is 353.64K and the stock is trading 73.42% below its 52-week high of 1.17 and 15.19% above its 52-week low of 0.27.

LSG confirmed on May 16, 2013 that all matters presented for approval at its annual shareholders meeting were duly authorized. This included the appointment of Deloitte LLP as auditors of the Company for the ensuing year. The company is currently in production at two of its main mining properties: Timmins West and Bell Creek mines.

LSG is trading 9.72% below its SMA20 and 33.86% below its SMA50. RSI is 38.27 and the company has 416.62 million shares outstanding.

Is LSG a solid investment at these levels? Get exclusive data and trends here.

ValueVision Media Inc. (NASDAQ:VVTV) opened today’s trading at 4.50, 0.04 cents above its previous close of 4.46 and has maintained its positive start. The stock is up 2.47% on very strong volume of 426.25K (average volume is 294.56K). VVTV has a range of 4.44 and 4.72 and the stock is up 0.89% on its 52-week high of 4.48 and up 186.08% on its 52-week low of 1.58. The technical chart for VVTV shows a northward sloping trend which began at the start of April 2013.

VVTV has seen an uptick as a result of positive earnings results. The company beat expectations, recoding revenues of $151.4 million. Analysts had projected revenues of $148.6 million. The stock is trading 11.41% above its 20-day simple moving average and 17.69% above its 50-day simple moving average.

VVTV has surpassed its target price of 3.83 and the stock has a RSI of 65.07 indicating that it is presently not overbought at present market valuation. There are 49.37 million shares outstanding in VVTV and institutions own 48.41% of the stock in the company. Insiders own 4.19% and account for 8.38% of transactions.

How Should Investors Trade VVTV Now? Get exclusive insights and updates here.

 

Disclosure:

WallStreetAnalyzed.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetAnalyzed.com website, for complete risks and disclosures.

 


About Michael Korte

Michael Korte an investigative reporter at GDP Insider and is a breaking news reporter. Michael work includes investigations of misconduct by federal prosecutors and industrial air pollution around the nation's schools. His reporting has been recognized with the Hillman Prize for Newspaper Journalism, the Grantham Prize for Excellence in Reporting on the Environment, and the Philip Meyer Journalism Award for reporting that incorporates social science methods.

View all post by Michael Korte Visit author's website

Write Your Comment