AMEX Basic Materials Sector Corrections in Review: (URG, HDY, BRD, SSN, TGC)
Ur-Energy Inc. (USA) (AMEX:URG) witnessed the correction of 4.71% and closed at $1.82 whereas overall traded volume stood at 3.01 million shares for the day. The current market price is 32.85% less than its last 50 days simple moving average. The RSI value of 37.72 times depicts that the current share value is in oversold level.
Hyperdynamics Corporation (AMEX:HDY) plunged by 4.60% to close at $6.01 with total traded volume of 4.57 million shares in the last trading day. The share price is highly reactive to market index as its beta value stands at 2.50 times till its last trading session.
Brigus Gold Corp. (AMEX:BRD) closed at $1.55 after moving down by 4.32% whereas traded volume stood at 1.42 million shares for the day. Its outstanding share stood at 183.52 million and its total market capitalization arrived at $284.46 million.
Samson Oil & Gas Limited (ADR) (AMEX:SSN) reported the fall of 3.85% to close at $3.75 with overall traded volume of 2.20 million shares in the last trading day. Its price to earnings ratio stands at 6.82 times till its last trading session. The current market price is 31.04% more than its last 50 days simple moving average.
Tengasco, Inc. (AMEX:TGC) went down by 3.31% and closed at $1.17 whereas total traded volume stood at 1.28 million shares for the day. The share price is likely to move by 0.58 times against 1 point change in market index.