Thompson Creek Metals Company Inc (NYSE:TC) down by 6.06%, Lionbridge Technologies Inc (NASDAQ:LIOX)

Posted by Ryan Mandell May 15, 2013 0 Comment 1305 views


Thompson Creek Metals Company Inc (NYSE:TC): Tuesday’s trading session saw Thompson Creek Metals Company Inc (NYSE:TC) shares headed 6.06% downward. The opening price of $3.59 touched an intraday high of $3.60 per share before setting down to $3.41. A total of around 2.21 million shares were traded in Tuesday’s trading session. This was low compared to the average volume of 2.02 million, measured over a period of 30 days.

TC is a diversified mining company. It operates in largely in the gold, copper and molybdenum segments. The company stock has lost 31% over the past 12 months.  Its financial performance had been negatively impacted by depressed molybdenum prices.  Another striking factor that crippled the company’s finances was the rising costs at its copper-gold mine located in Mt. Milligan. The capital expenditure that was initially expected to be $1 billion ran well over the $1.5 billion mark.  On the brighter side, the stock is placed attractively at a 54% discount to its $8.3 per share book value. Other bright factors are the debt equity ratio of 0.72 and the 4.1, forward price earnings ratio. More significant is the fact that the company’s financial and operational performance is on the rise.

Lionbridge Technologies, Inc (NASDAQ:LIOX): Tuesday’s trading session saw Lionbridge Technologies, Inc (NASDAQ:LIOX) shares headed 4.42% upward. The opening price of $2.48 touched an intraday high of $2.64 per share before setting down to $2.60. A total of around 0.90 million shares were traded in Tuesday’s trading session. This was above the average volume of 0.32 million, measured over a period of 30 days.

In the stock market, the company is valued totally at $166.00M. Lionbridge Technologies, Inc (NASDAQ:LIOX)’s earnings per share stand at $0.11. The risk of the stock risk is beta $1.32, in relation to the market.  The share outstanding percentage that held by institutional investors is 65.24%. The company announced a rise of $1.6 million in its 2013 Q1 revenue to $113.7 million in comparison to the revenue in the 2012 Q1. The GAAP net loss for the quarter stood at $3.0 million, or $0.05 per share.

LIOX is a language, content and testing solutions provider. It enables clients to release, manage, optimize, test as well as maintain their content and technology applications in global markets.


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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