AGORACOM Small Cap TV - November 30th - Highlights
posted on
Nov 30, 2010 10:26AM
Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s November 30th 2010, and we’ve found 5 great press releases to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.
China Finance Online Co., LTD. Reports 2010 Third Quarter Financial Results
BEIJING, Nov. 29, 2010 /PRNewswire-Asia/ -- China Finance Online Co., Ltd. ("China Finance Online", or the "Company") (Nasdaq:JRJC - News), the technology-driven, user-focused market leader in China in providing vertically integrated financial services and products including news, data, analytics and brokerage through web portals, software systems, and mobile handsets, today announced its unaudited financial results for the third quarter and nine months ended September 30, 2010.
2010 Third Quarter Financial and Operating Highlights
2010 First Nine Months Financial Highlights
About China Finance Online
China Finance Online Co. Limited is the technology-driven, user-focused market leader in China in providing vertically integrated financial services and products including news, data, analytics and brokerage through web portals, software systems, and mobile handsets. Through its web portals, www.jrj.com and www.stockstar.com, the Company provides individual users with subscription-based service packages that integrate financial and listed-company data, information and analytics from multiple sources with features and functions such as data and information search, retrieval, delivery, storage and analysis.
Last Trade: 7.9452 Week: 9.10 – 6.20 Market Cap: 175 Million
Fiscal Year 2010 Financial and Operating Highlights
--Revenues generated in fiscal year 2010 increased by 30.3% to $47.1
million, up from $36.1 million in fiscal 2009
-- Tuition and other
fees generated $34.8 million or 73.9% of revenues
-- Services
generated $12.3 million or 26.1% of revenues
--Gross margin for the year was 38.1% based on gross profit of $17.9
million, compared with a 36.8% margin in fiscal 2009
--Net income for fiscal 2010 increased 27.2% to $13.6 million, compared
with $10.7 million in fiscal 2009
--Earnings per diluted share were $0.49 for the year, compared with
diluted EPS of $0.52 achieved in the previous year
About HQ Global Education Inc. ("HQ")
HQ provides "customized training" services to varied student populations by operating its own private schools or cooperating with selected vocational schools in China. By rendering full-scale educational and job placement services, the Company realizes recurring revenues, such as tuition fees, school logistics services fees, off-campus internship management fees, and job placement fees. As of August 31, 2010, there were more than 34,000 students from 25 provinces throughout China enrolled in HQ-operated schools. In line with its "customized education" approach, HQ has established cooperation relationships with 128 enterprise clients and provides training to students who frequently become employees of these enterprises.
Last Trade: 4.1552 Week: 6.00 – 3.65Market Cap; 136.95 Million
China Sun Group Signs Contract for Lithium Iron Phosphate (LIP) of 470 Tons with Sai Er New Energy
China Sun Group High-Tech Co. (OTC Bulletin Board: CSGH) ("China Sun Group" or the "Company"), a vertically integrated supplier of raw materials for rechargeable Lithium-ion (Li-ion) batteries in China, today announced that it has signed a contract with Henan Huanyu Sai Er New Energy Technology Co., Ltd. ("Sai Er New Energy"), a subsidiary of Henan Huanyu Power Source Co., Ltd., for 470 tons of lithium iron phosphate (LIP).
Pursuant to the contract, China Sun will deliver a minimum of 470 tons of LIP to Sai Er New Energy throughout calendar year 2011. Specific delivery volumes for each month are as follows:
Jan. - Feb. 2011 25 Tons / Month Mar. - Jun. 2011 30 Tons / Month Jul. - Dec. 2011 50 Tons/ Month
About China Sun Group High-Tech Co.
China Sun Group High-Tech Co. ("China Sun Group") produces anode materials used in lithium ion batteries. Through its wholly-owned operating subsidiary, Dalian Xinyang High-Tech Development Co. Ltd ("DLX"), the Company primarily produces cobaltosic oxide and lithium cobalt oxide. According to the China Battery Industry Association, DLX has the second largest cobalt series production capacity in the People's Republic of China.
Last Trade: 1.0852 Week: 2.35 – 0.60Market Cap: 57.75 Million
Hathor Exploration Limited (TSX VENTURE:HAT)
announce the updated and upgraded mineral resource estimate for the Roughrider Uranium Deposit located on its Midwest NorthEast property, Athabasca Basin, Saskatchewan. Attributes of the Roughrider uranium deposit include:
·Approximately 60% of the mineral resource is in the Indicated category.
·Conceptual Whittle pit optimization indicates 99% of the mineral resource is amenable to open pit extraction.
·Metallurgical extraction recoveries of 98% have been reported previously for the Roughrider deposit (see News Release dated June 16, 2010).
·Low As (arsenic) levels are confirmed.
·Average depth to the top of the deposit is approximately 215 m.
·Nearly all mineralization is located within basement rock.
Overview
Hathor Exploration Ltd. is a junior uranium company focused on exploration projects in the Athabasca Basin of Northern Saskatchewan, Canada. To date, the Athabasca Basin is the only location in the world that hosts high grade uranium deposits. Hathor's main exploration properties are located in the eastern side of the Athabasca Basin along the same geological terrain that hosts all of Canada's currently producing uranium mines and accounts for 23% of global production.
Last:3.13 Range: 3.35-1.35 Market Cap: 335 Million
Creston Moly Corp.(TSX VENTURE:CMS)
announces assay results from three exploration diamond drill holes recently completed at its El Creston molybdenum property located in the state of Sonora, Mexico.
Highlights include:
About the company
Creston Moly Corp. is a junior exploration company focused on the El Creston Molybdenum deposit in the state of Senora Mexico.
Last: 0.405 Range: 0.53-0.16 Market Cap: 103 Million