AMEX Basic Material Sector Bearish Movements

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Denison Mines Corp. (AMEX:DNN)

About Denison Mines Corp. Denison Mines Corp. (DMC) is engaged in uranium mining and related activities, including acquisition, exploration and development of uranium bearing properties, extraction, processing, selling and reclamation. The environmental services division of the Company provides mine decommissioning and decommissioned site monitoring services for third parties. The Company has a 100% interest in the White Mesa mill located in Utah, United States and a 22.5% interest in the McClean Lake mill located in


the Athabasca Basin of Saskatchewan, Canada. The Company has interests in development and exploration projects in Canada, United States, Mongolia and Zambia.

Statistics Symbol

DNN

Beta:

2.99

Current Price

$3.22

Market Capitalization:

1.09B

52 week range

$1.08 - $3.64

Shares Outstanding

339.72M

Avg Volume

3.20M

Float:

278.68M

Financials Denison Mines Corp. (AMEX:DNN) generated total revenue of $39.88 million in current quarter which is faintly greater than previous quarter’s revenue which was $27.23. Operating income has also increased from $21.21 million to $44.78 million in last quarter. The company’s cash flow from operation stood at $28.50 million as contrasted to last quarter’s cash flow from operation which was placed at $14.39 million. According to latest financials as on September 30, 2010 total assets mount up to $879.12 million. Return on equity and return on assets both are increasing. Total liabilities and total equity stand at $143.52 million, $735.60 million respectively.


CAMAC Energy Inc (AMEX:CAK)

About CAMAC Energy Inc CAMAC Energy Inc., formerly Pacific Asia Petroleum, Inc., is a development stage company formed to develop new energy ventures, directly and through joint ventures and other partnerships in which it may participate. Through Inner Mongolia Sunrise Petroleum Co. Ltd. (IMPCO Sunrise), it commenced operational activities in the People’s Republic of China. The Company’s operations consist of drilling of oil wells in Inner Mongolia, China, and exploration and development operations. PAP’s wholly owned subsidiaries and joint ventures includes Inner Mongolia Production Company (HK) Limited (IMPCO HK), IMPCO Sunrise, Pacific Asia Petroleum (HK) Limited (PAP HK), Pacific Asia Petroleum, Limited (PAPL), Beijing Dong Fang Ya Zhou Petroleum Technology Service Company Limited and CAMAC Petroleum


Limited. In April 2010, the Company acquired all the interest held by CAMAC Energy Holdings Limited (CAMAC) in a production sharing contract for the Oyo Oilfield, an offshore oil asset in Nigeria.

Statistics Symbol

CAK

Beta:

2.77

Current Price

$2.03

Market Capitalization:

292.30M

52 week range

$1.95 - $6.07

Shares Outstanding

143.99M

Avg Volume

696.394

Book Value per Share

$1.55

Financials The CAMAC Energy Inc (AMEX:CAK) generated total revenue of $8.832 million in current quarter as on September 30th, 2010 which is slightly lower than last quarter ending revenue $12.34 million. However, total net income is still negative but has improved from last quarter. The company’s cash flow from operation has increased up to $9.51 million that shows an average indication as company could have face problems to repay it debts in future. Total current assets and current liabilities stood at $22.40 million and 8.12 respectively in present quarter which is a good sing as there would more net income and less interest payment in future.


Vantage Drilling Company (AMEX:VTG)

About Vantage Drilling Company Vantage Drilling Company is drilling company focused on operating a fleet of drilling units. The Company’s primary business is to contract drilling units, related equipment and work crews primarily on a dayrate basis to drill oil and natural gas wells for its customers. It also provides construction supervision services for drilling units owned by others. Through its fleet of nine-owned and managed drilling units, the Company is a provider of offshore contract drilling services globally to oil and natural gas companies. Its fleet includes four jackup rigs, three ultra-deepwater drillships and two deepwater semisubmersibles. The Company’s customers are primarily oil and natural gas companies, governmentowned oil and natural gas companies and independent oil and natural gas producers.


Statistics Symbol

VTG

Beta:

2.07

Current Price

$2.02

Market Capitalization:

584.02M

52 week range

$0.99 - $2.25

Shares Outstanding

289.12M

Avg Volume

2.14M

Float:

150.51M

Financials The Vantage Drilling Company (AMEX:VTG) reported decrease in 2.10 percent in its total revenue for the quarter ended September 30th, 2010. The company reported a considerable increase in cash flow from operation which stood at $12.7 million compared to last ended quarter which was negative 0.01. The company’s total assets accumulate up to $1.95 billion with highest proportion of fixed assets in its composition. The company managed to maintain a high short term liquidity position with current ratio of 1.63 times which depicts that current assets are maintained 1.63 times more than the company’s current liabilities.


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