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New York, NY -- (SBWIRE) -- 03/13/2013 -- StockRunway.com issues special report on the Winner To Watch – IAMGOLD Corporation (USA) (NYSE:IAG), MICROS Systems, Inc. (NASDAQ:MCRS), China Xiniya Fashion Ltd (ADR) (NYSE:XNY), McEwen Mining Inc (NYSE:MUX)
IAMGOLD Corporation (USA) (NYSE:IAG) declared that the Company has started a program to decrease annualized spending by $100 million to strengthen an already solid financial position and increase its return on capital. This will be done through cost-cutting initiatives intended at dropping mine operating costs, exploration expenditures and mine site and corporate general and administrative costs.
In the last trading session, IAMGOLD Corporation (USA) (NYSE:IAG) surged +9.31% and closed at $7.28 with the overall traded volume of 10.27 million shares. IAG has earnings per share of $0.89 and its price to earnings ratio ended at 8.20.
For How Long IAG will Fight for Profitability? Read This Trend Analysis report
MICROS Systems, Inc. (NASDAQ:MCRS) shares moved up the most in 18 months after ValueAct Capital Management revealed a stake in the company. According to a regulatory filing today,ValueAct acquired 5.9 million shares, or a 7.5 percent stake, in Columbia, Maryland-based Micros Systems.
In the last trading session, MICROS Systems, Inc. (NASDAQ:MCRS) gained +7.60% to close at $45.87 and its total traded volume was 4.81 million shares. Micro Systems is maker of software for the hospitality and retail industries.
For How Long MCRS’s Gloss will Attract Investors? Find out via this report
China Xiniya Fashion Ltd (ADR) (NYSE:XNY) soared +14.81% with the closing price of $1.55. The overall volume in the last trading session was 4.63 million shares. Its fifty two week range was $0.96-$2.25. The total market capitalization remained $89.56million.
XNY is ahead its 52 week low with 61.46% and its last month price volatility remained 6.57%. Its beta coefficient was 1.17 with a target price of $2.40. In its share capital XNY has 57.78million outstanding shares while57.75million shares have been floated in market.
Will XNY Continue To Move Higher? Find Out Here
McEwen Mining Inc (NYSE:MUX) reported the gain of +8.85% and closed at $2.83 in the last trading session with the total traded volume of 3.93 million shares more than the average volume of 2.75 million. MUX has market cap of 759.87 million and its beta value stands at 0.19 times.
Why Should Investors Buy MUX After The Recent Gain? Just Go Here and Find Out
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For more information on this press release visit: http://www.sbwire.com/press-releases/winner-to-watch-iamgold-corporation-micros-systems-china-xiniya-fashion-mcewen-mining-222089.htm