Tuesday, September 21, 2010

TSX and TSX-V and Nasdaq Gainers

PRICE % GAINERS
Symbol Name Last Trade Change Volume Related Info
DMN-PA.TO DOMINION CITRUS LTD 1.82 12:07PM EST Up 0.82 (82.00%) 6,400 More
RVX.TO RESVERLOGIX CORP. 4.61 1:50PM EST Up 0.59 (14.68%) 515,939 Reports, More
CLQ.TO CANADA LITHIUM CORP 0.68 1:51PM EST Up 0.07 (11.48%) 2,499,867 More
PLK.TO PALKO ENVIRONMENTAL LTD. 1.13 1:31PM EST Up 0.11 (10.78%) 17,600 More
CRG.TO CORONA GOLD CORP 0.74 1:50PM EST Up 0.07 (10.45%) 21,700 Reports, More
XMC.TO XCEED MORTGAGE CORP. 1.21 9:30AM EST Up 0.11 (10.00%) 400 Reports, More
TMB.TO TEMBEC INC. 1.98 1:45PM EST Up 0.17 (9.39%) 305,199 Reports, More
RKN.TO REDKNEE SOLUTIONS INC. 1.50 1:51PM EST Up 0.11 (7.91%) 157,691 Reports, More
ONC.TO ONCOLYTICS BIO 4.35 1:51PM EST Up 0.28 (6.88%) 396,873 Reports, More
DM.TO DULUTH METALS LIMITED 2.57 1:50PM EST Up 0.16 (6.64%) 364,723 Reports, More
PIH.TO PACIFIC INSIGHT ELECTRONICS COR 2.29 12:47PM EST Up 0.14 (6.51%) 100 Reports, More
IMX.TO IMAX CORP 17.35 1:50PM EST Up 1.02 (6.25%) 118,471 Reports, More
TRH-UN.TO TRIAX DIVERSIF UN 12.96 9:30AM EST Up 0.76 (6.23%) 600 More
CFX-UN.TO CANFOR PULP INCOME FUND 14.69 1:50PM EST Up 0.86 (6.22%) 367,130 Reports, More
SBT-U.TO SILVER BULLION TRUST UNITS USD 12.75 10:58AM EST Up 0.73 (6.07%) 900 More
URZ.TO URANERZ ENERGY CORPORATION 1.40 12:25PM EST Up 0.08 (6.06%) 78,208 Reports, More
TC.TO TUCOWS INC. 0.71 1:40PM EST Up 0.04 (5.97%) 4,000 Reports, More
BWC.TO BRIDGEWATER SYSTEMS CORPORATION 8.03 1:45PM EST Up 0.42 (5.52%) 78,624 Reports, More
FXA.TO AFEXA LIFE SCIENCES INC. 0.63 12:30PM EST Up 0.03 (5.00%) 24,375 Reports, More
WFC.TO WALL FINANCIAL 11.00 9:30AM EST Up 0.50 (4.76%) 2,250 Reports, More
URE.TO UR-ENERGY INC. 0.91 1:28PM EST Up 0.04 (4.60%) 438,745 Reports, More
HNU.TO HORIZONS BETA PRO NYMEX NAT GAS 4.16 1:51PM EST Up 0.18 (4.52%) 13,801,526 More
HGD.TO HORIZONS BP GOLD BEAR PLUS ETF 10.98 1:48PM EST Up 0.46 (4.37%) 947,873 More
MNB.TO MIRABELA NICKEL LIMITED 1.77 1:40PM EST Up 0.07 (4.12%) 2,952,185 Reports, More
WIN.TO WI-LAN INC 3.90 1:51PM EST Up 0.15 (4.00%) 1,383,217 Reports, More

PRICE % GAINERS
Symbol Name Last Trade Change Volume Related Info
BBI.V BLACKBIRD ENERGY INC 0.355 1:49PM EST Up 0.15 (73.17%) 1,831,260 More
CGN.V CARBON2GREEN CORPORATION 0.21 10:18AM EST Up 0.05 (31.25%) 48,000 More
SVA.V SERNOVA CORP. 0.17 12:18PM EST Up 0.04 (30.77%) 122,705 Reports, More
BCN.V BACANORA MINERALS LTD 0.23 1:32PM EST Up 0.05 (27.78%) 136,100 More
IFX-A.V Imaflex Inc. 0.28 9:58AM EST Up 0.06 (27.27%) 25,000 More
SWR.V SWIFT RESOURCES INC. 0.145 1:41PM EST Up 0.03 (26.09%) 2,400 Reports, More
SYL.V SYMAX LIFT HOLDING CO. LTD. 0.195 10:09AM EST Up 0.04 (25.81%) 5,220 More
WSM.V WESTERN STANDARD METALS LTD. 0.23 12:52PM EST Up 0.045 (24.32%) 340,150 Reports, More
DEC.V DECADE RESOURCES LTD. 0.385 1:50PM EST Up 0.075 (24.19%) 4,016,676 Reports, More
SBW.V STRONGBOW EXPLORATION INC. 0.19 1:16PM EST Up 0.035 (22.58%) 174,307 Reports, More
KMI.V KILLDEER MINERALS INC 0.165 12:22PM EST Up 0.03 (22.22%) 55,000 More
AAU.V ANDEANGOLD LTD. 0.17 12:52PM EST Up 0.03 (21.43%) 17,000 Reports, More
CAY.V CACHE EXPLORATION INC. 0.34 10:35AM EST Up 0.06 (21.43%) 3,000 More
NBC.V NEWBRIDGE CAPITAL INC 0.20 11:25AM EST Up 0.035 (21.21%) 6,000 More
EOX.V EUROMAX RESOURCES LTD. 0.175 1:50PM EST Up 0.03 (20.69%) 97,405 More
TXR.V TERRAX MINERALS INC. 0.27 1:09PM EST Up 0.045 (20.00%) 6,000 Reports, More
EWK.V Earthworks Industries Inc. 0.36 12:40PM EST Up 0.06 (20.00%) 18,500 Reports, More
NS.V NORTHERN SPIRIT RESOURCES INC. 0.18 9:30AM EST Up 0.03 (20.00%) 6,983 Reports, More
MP.V MICROPLANET TECHNOLOGY CORP. 0.125 1:01PM EST Up 0.02 (19.05%) 61,000 Reports, More
ACG.V ANGLO CANADIAN OIL CORP 0.45 1:46PM EST Up 0.07 (18.42%) 398,400 More
ORN.V ORSA VENTURES CORP. 0.13 10:13AM EST Up 0.02 (18.18%) 15,000 Reports, More
XE.V XEMPLAR ENERGY CORP. 0.13 1:48PM EST Up 0.02 (18.18%) 1,666,700 Reports, More
TKK.V TAKARA RESOURCES INC. 0.23 1:33PM EST Up 0.035 (17.95%) 943,999 Reports, More
SSZ.V SSP OFFSHORE INC. 0.20 10:48AM EST Up 0.03 (17.65%) 20,000 More
ISD.V ISIGN MEDIA SOLUTIONS INC 0.27 1:46PM EST Up 0.04 (17.39%) 171,500 More
NASDAQ PRICE % GAINERS
Symbol Name Last Trade Change Volume Related Info
BIOF BioFuel Energy Corp. 1.81 1:53PM EST Up 0.47 (35.07%) 658,423 Profile, Reports, More
TTPA Trintech Group PLC 5.9593 1:53PM EST Up 1.3293 (28.71%) 90,964 Profile, Reports, More
ZOOM Zoom Technologies, Inc. 4.589 1:51PM EST Up 0.999 (27.83%) 1,842,894 Profile, Reports, More
ZNWAW Zion Oil & Gas Inc 3.498 9:51AM EST Up 0.698 (24.93%) 3,531 Profile, Reports, More
OSBC Old Second Bancorp, Inc. 1.9801 1:52PM EST Up 0.3301 (20.01%) 1,336,091 Profile, Reports, More
CNST Constar International Inc. 2.55 1:51PM EST Up 0.35 (15.91%) 109,147 Profile, Reports, More
ONTY Oncothyreon Inc . 4.52 1:48PM EST Up 0.59 (15.01%) 491,691 Profile, Reports, More
KUTV Ku6 Media Co., Ltd. 4.7399 1:50PM EST Up 0.6099 (14.77%) 201,437 Profile, Reports, More
VVUS VIVUS, Inc. 7.04 1:53PM EST Up 0.86 (13.92%) 21,249,632 Profile, Reports, More
FBSI First Bancshares, Inc. 8.475 11:02AM EST Up 1.025 (13.76%) 100 Profile, Reports, More
DAIO Data I/O Corporation 5.20 1:48PM EST Up 0.55 (11.83%) 33,215 Profile, Reports, More
BSDM BSD Medical Corporation 3.18 1:52PM EST Up 0.32 (11.19%) 1,680,755 Profile, Reports, More
QUIK QuickLogic Corporation 4.39 1:52PM EST Up 0.44 (11.14%) 654,689 Profile, Reports, More
BNVID Bionovo, Inc. 1.22 1:52PM EST Up 0.12 (10.91%) 117,615 Profile, Reports, More
CHCI Comstock Homebuilding Companies 1.46 1:45PM EST Up 0.14 (10.61%) 170,179 Profile, Reports, More
URRE Uranium Resources, Inc. 1.16 1:52PM EST Up 0.10 (9.43%) 2,338,556 Profile, Reports, More
SINO Sino-Global Shipping America, L 2.559 10:59AM EST Up 0.219 (9.36%) 500 Profile, Reports, More
OSUR OraSure Technologies, Inc. 4.10 1:53PM EST Up 0.35 (9.33%) 308,496 Profile, Reports, More
MARPS Marine Petroleum Trust 17.68 9:30AM EST Up 1.49 (9.19%) 2,100 Profile, Reports, More
CPRX Catalyst Pharmaceutical Partner 1.21 1:49PM EST Up 0.10 (9.01%) 529,600 Profile, Reports, More
BIOS BioScrip, Inc. 5.14 1:51PM EST Up 0.42 (8.90%) 1,453,144 Profile, Reports, More
ONCY Oncolytics Biotech, Inc. 4.25 1:51PM EST Up 0.33 (8.42%) 485,057 Profile, Reports, More
SCOR comScore, Inc. 21.87 1:53PM EST Up 1.67 (8.27%) 366,547 Profile, Reports, More
TNAV TeleNav, Inc. 5.46 1:53PM EST Up 0.40 (7.91%) 1,216,626 Profile, Reports, More
MERR Merriman Holdings, Inc. 2.75 1:52PM EST Down 0.05 (1.79%) 11,121 Profile, Reports, More

Yamana Gold

Yamana Gold (NYSE: AUY ) is a Canadian-based gold producer engaged in the exploration, extraction, processing and reclamation of gold. Yamana operates primarily in Brazil, Argentina, Chile and Mexico. In 2010, this gold producer's stock dropped 4.8% compared to small gains by the broader markets. More telling is the fact that the stock has dropped 21.9% since the beginning of December 2009. Then, the stock was trading at $14.07. Currently, Yamana Gold stock price is $10.83. Additionally, AUY has missed four consecutive earnings estimates, making it a gold stock worth selling.

Read more: http://community.nasdaq.com/news/2010-09/7-miserable-mining-stocks-to-avoid.aspx?storyid=37077#ixzz10Bjk6kZL

Monday, September 20, 2010

Will Yamana Gold Disappoint Analysts Next Quarter?

Will Yamana Gold Disappoint Analysts Next Quarter?

Seth Jayson

September 16, 2010

There's no foolproof way to know the future for Yamana Gold (NYSE: AUY) or any other company. However, certain clues may help you see potential stumbles before they happen -- and before your stock craters as a result. Rest assured: Even if you're not monitoring these metrics, short-sellers are.

A cloudy crystal ball
I often use accounts receivable (AR) and days sales outstanding (DSO) to judge a company's current health and future prospects. It's an important step in separating the pretenders from the market's best stocks. Alone, AR -- the amount of money owed the company -- and DSO -- days worth of sales owed to the company -- don't tell you much. However, by considering the trends in AR and DSO, you can sometimes get a window onto the future.

AR that grows more quickly than revenue, or ballooning DSO, can suggest a desperate company that's trying to boost sales by giving its customers overly generous payment terms. Alternately, it can indicate that the company sprinted to book a load of sales at the end of the quarter, like used-car dealers on the 29th of the month. (Sometimes, companies do both.)

Why might an upstanding firm like Yamana Gold do this? For the same reason any other company might: to make the numbers. Investors don't like revenue shortfalls, and employees don't like reporting them to their superiors.

Is Yamana Gold sending any warning signs? Take a look at the chart below, which plots revenue growth against AR growth, and DSO:


Source: Capital IQ, a division of Standard & Poor's. Data is current as of last fully-reported fiscal quarter. FQ = fiscal quarter.

The standard way to calculated DSO uses average accounts receivable. I prefer to look at end-of-quarter (EOQ) receivables, but I've plotted both above.

Watching the trends
When that red line (AR growth) crosses above the green line (revenue growth), I know I need to consult the filings. Similarly, a spike in the blue bars (DSO) indicates a trend worth worrying about. As another reality check, it's reasonable to consider what a normal DSO figure might look like in this space.

Company

LFQ Revenue

DSO

Yamana Gold

$351

23

Barrick Gold (NYSE: ABX)

$2,642

9

Kinross Gold (NYSE: KGC)

$697

22

Newmont Mining (NYSE: NEM)

$2,153

23

Source: Capital IQ, a division of Standard & Poor's. DSO calculated from average AR. Data is current as of last fully-reported fiscal quarter. LFQ = last fiscal quarter. Dollar figures in millions.