Thursday 24 Jul 2014

Pacific Ethanol Inc (NASDAQ:PEIX) up by 9.84%, AuRico Gold Inc (NYSE:AUQ)

New York, NY – (NISMAGAZINE) – 05/16/2013- Pacific Ethanol Inc (NASDAQ:PEIX): Wednesday’s trading session saw Pacific Ethanol Inc (NASDAQ:PEIX) climbing up by 9.84%. It opened at a price of $3.96 which touched an intraday high of $4.28, before closing down to $4.24 per share. Close to 0.353 million shares exchanged hands in the previous trading session which was above the average volume of 0.142 million that was measured over a 30-day period.

The company produces and markets low-carbon renewable fuels in the western regions of the United States. It announced that an amendment to its Certificate of Incorporation has been filed by it. This will affect the one-for-fifteen reverse stock split of the issued as well as outstanding, common shares stock. Stockholders of record on 14 May, 2013 will be eligible for the reverse stock split. Trading of the PEIX common stock on a split-adjusted basis commenced at the open of trading on 14 May 2013. Resultant from the reverse stock split, every fifteen shares of the pre-split common stock will be reclassified automatically as and also converted into 1 share of the post-split common stock.

Pacific Ethanol is a marketer of all the ethanol that is produced by its four ethanol production facilities situated in Idaho, California and Oregon or at the Pacific Ethanol Plants.

How Should Investors Trade PEIX Now? Find out here.

AuRico Gold Inc (NYSE:AUQ): Wednesday’s trading session saw AuRico Gold Inc (NYSE:AUQ) dipping by 4.12%. It opened at a price of $4.79 which touched an intraday high of $4.85, before moving down to close at $4.66 per share. Around 2.10 million shares exchanged hands in the previous trading session, which stood above the average volume of 3.15 million that was measured over a 30-day period.

The Canada-based AuRico Gold Inc (NYSE:AUQ) is a gold producer which has projects and mines in the North American region. The Company along with its subsidiaries are involved in mining, developing, exploring and acquiring resource properties. Its core operations are conducted in the Young-Davidson gold mine located in Northern Ontario as well as Mexico’s El Chanate mine located in Sonora State.  Its project pipeline includes various advanced development opportunities in British Columbia and Mexico.

Is AUQ solid investment at these levels? Find out here.

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