AMEX Basic Materials Sector Hot Falling Stocks: (CFW, DEJ, BRD, PZG, MDW)
Cano Petroleum, Inc. (AMEX:CFW) dropped by 5.37% to close at $0.53 with overall traded volume of 1.81 million shares in the last trading day. The current market price is 26.29% more than its last 50 days simple moving average. The relative strength index stands at 52.34 times till its last trading session.
Dejour Enterprises Ltd (USA) (AMEX:DEJ) reported the fall of 5.14% and closed at $0.35 whereas total traded volume stood at 1.98 million shares for the day. Its outstanding shares stood at 100.70 million. Its total market capitalization arrived at $35.35 million.
Brigus Gold Corp. (AMEX:BRD) closed at $1.49 after plunging by 5.10% with traded volume of 1.61 million shares in the last trading day. The current market price is 13.55% less than its last 50 days simple moving average. The share price is likely to move by 1.22 times against 1 point change in market index.
Paramount Gold and Silver Corp. (AMEX:PZG) went down by 4.53% and closed at $3.79 whereas overall traded volume stood at 1.32 million shares for the day as compare to its average volume stood at 2.35 million. The relative strength index stands at 44.15 times till its last trading session.
Midway Gold Corp. (AMEX:MDW) moved down by 4.44% to close at $1.72 with total traded volume of 2.20 million shares in the last trading day. The company maintains strong short term liquidity position with current ratio of 8.87 times.