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Micro-cap losers: Miller Energy Resources (NYSE:MILL), Biota Pharmaceuticals (NASDAQ:BOTA), Nova Lifestyle (NASDAQ:NVFY), Agria (NYSE:GRO)

Miller Energy Resources Inc. (NYSE:MILL) is adding a third rig to its Alaska drilling fleet. Tennessee-based Miller operates in Alaska via its Anchorage-based subsidiary, Cook Inlet Energy LLC. In filings with the U.S. Securities and Exchange Commission, Miller said it had entered into an option to purchase the rig for $3.25 million. The option is with Baker Hughes. Miller Energy Resources Inc (NYSE:MILL) stock performance was -7.17% in last session and finished the day at $4.79. Traded volume was 796,553.00million shares in the last session and the average volume of the stock remained 514.28K shares. The beta of the stock remained 4.12. Miller Energy Resources Inc (NYSE:MILL) insider ownership is 17.50%.

Biota Pharmaceuticals, Inc. (NASDAQ: BOTA) announced that it has been notified by the U.S. Department of Health and Human Services (HHS) office of the Assistant Secretary for Preparedness and Response (ASPR) and Biomedical Advanced Research and Development Authority (BARDA) that pending a decision regarding the outcome of a recently completed In Process Review (IPR) of the Company’s contract for the development of laninamivir octanoate, ASPR/BARDA has issued a Stop-Work Order notifying the Company to discontinue work on a number of activities under its contract. Biota Pharmaceuticals Inc (NASDAQ:BOTA) dropped -33.93 percent to $3.68 Tuesday on volume of 1.04million shares. The intra-day range of the stock was $3.50 to $4.43. Biota Pharmaceuticals Inc (NASDAQ:BOTA) has a market capitalization of $129.02million.

Nova LifeStyle, Inc. (NASDAQ:NVFY), a U.S.-based fast growing, innovative designer, manufacturer and distributor of modern LifeStyle Inc (NASDAQ:NVFY) furniture, is pleased to announce the completion of approximately $8.95 million registered direct placement of common stock and warrants with several institutional investors on April 17, 2014. Nova Lifestyle Inc (NASDAQ:NVFY)’s stock on Apr 29, 2014 reported a decrease of -7.05% to the closing price of $4.09. Its fifty two weeks range is $3.45 -$10.35. The total market capitalization recorded $84.74million. The overall volume in the last trading session was 191,397.00million shares. In its share capital, NVFY has 20.72million outstanding shares.

Agria Corporation (ADR) (NYSE:GRO) is a global agricultural company. The Company operates in three segments: Seed and Grain; Crop Protection, Nutrients and Merchandise, and Rural Services. The Seed and Grain segment is engaged in research and development, production and sale of a range of seed products and trading of seed and grain products globally. On Tuesday, shares of Agria Corporation (ADR) (NYSE:GRO) dropped -6.57% to close the day at $1.28. Company return on investment (ROI) is -73.10% and its monthly performance is recorded as -6.57%. Agria Corporation (ADR) (NYSE:GRO) quarterly revenue growth is -8.57%.