-House (China) Holdings Limited (ADR) (NYSE:EJ) decreased 5.73% to $4.44 on a traded volume of 4.62 million shares. The stock opened at $4.79. The 52-week range of the stock is $2.65 and $8.95. The stock recorded a new 52- week low of $2.65. The Company has Price/Sales ratio of 0.99 and Price/Book ratio of 0.61. The 50-Day Moving Average and 200-Day Moving Average prices is $5.17 and $5.87 respectively.
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Suntech Power Holdings Co Ltd (ADR) (NYSE:STP) among the losers and the stock slipped 14.99% to $0.967 on a traded volume of 3.22 million shares. The stock hit a new 52-week low of $0.81. The Company may have been the victim of a fraud involving a 554.2 million euro or $680 million financing guarantee it extended in 2010. The Company said that it is suing Javier Romero, a former Suntech sales representative who manages an affiliated Company that Suntech says pledged German bonds as collateral for payment guarantees. Suntech said in a statement that the bonds may never have existed.
Almaden Minerals Ltd (USA) (NYSEAMEX: AAU) slipped 11.74% to $1.88. Last month, the Company announced further results from the on-going four drill exploration program on the Company's 100% owned Tuligtic project, Mexico.
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Last month, the Company has closed the first tranche of its previously announced $500,000 non-brokered private placement pursuant to which it has issued an aggregate of 7,200,000 units at a price of $0.05 per unit to raise aggregate gross proceeds $360,000.
Digital River Inc (NASDAQ:DRIV) declined 26.36%to $13.10. The Company posted second quarter profit of $200 million compared to $291 million in the prior year period. Revenue declined 1.9% to $90.8 million. Costs and expenses went down 3%. The Company expects earnings between 96 cents and $1.08 per share and revenue of $378 million to $390 million for the year. The Company expects third quarter adjusted per share profit of 12 cents to 18 cents and revenue between $88 million and $91 million
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Rare Element Resources Ltd (NYSEAMEX: REE) plunged 7.21% to $3.99. The 52-week range of the stock $3.05 and $11.0. The stock recorded a new 52- week low of $3.05. The Company has Price/Book ratio of 3.35. The 50-Day Moving Average and 200-Day Moving Average prices is $4.67 and $5.34 respectively.