Volatile Stocks: Saratoga Resources, Inc. (NYSEMKT:SARA), Methes Energies International Ltd. (NASDAQ:MEIL), MagneGas Corporation (NASDAQ:MNGA), Noranda Aluminum Holding Corporation (NYSE:NOR)

Technology Stocks News 18

Saratoga Resources, Inc. (NYSEMKT:SARA) soared Tuesday after the oil company reported its Rocky 3 well exceeded expectations when it tested at an equivalent rate of 1,531 barrels of oil per day. The well also tested at 240 thousand cubic feet of gas per day, or net 1,288 barrels of oil equivalent per day. Saratoga Resources, Inc. (NYSEMKT:SARA) stock performance was 10.30% in last session and finished the day at $1.82. Traded volume was 1.44million shares in the last session and the average volume of the stock remained 246.15K shares. The beta of the stock remained 2.43. Saratoga Resources, Inc. (NYSEMKT:SARA) insider ownership is 38.86%.

Methes Energies International Ltd. (NASDAQ: MEIL), a renewable energy company that offers an array of products and services to biodiesel fuel producers, today announced that it has selected Genscape Inc. as its Quality Assurance Plan (QAP) provider for Renewable Identification Numbers (RINs) verification. Methes Energies International Ltd. (NASDAQ:MEIL) end to $1.95 Wednesday on volume of 64,787.00million shares. The intra-day range of the stock was $1.77 to $2.11. Methes Energies International Ltd. (NASDAQ:MEIL) has a market capitalization of $21.67million.

MagneGas Corporation (NASDAQ:MNGA), a frontrunner technology and energy company that works on fructifying righteous conversion of liquid waste materials into hydrogen based fuel reserve, announced recently that it had filed a regulatory provisional patent to exquisitely blend myriad existing cutting fuels with MNGA to benefit the Metal Works Industry. MagneGas Corporation (NASDAQ:MNGA)’s stock on June 03, 2014 reported a decrease of -6.17% to the closing price of $1.52. Its fifty two weeks range is $0.40 -$2.45. The total market capitalization recorded $48.47million. The overall volume in the last trading session was 1.47million shares. In its share capital, MNGA has 31.88million outstanding shares.

Noranda Aluminum Holding Corp. (NYSE:NOR) Director Carl J. Rickertsen purchased 20,000 shares of the stock in a transaction that occurred on Friday, May 9th. The shares were purchased at an average cost of $3.05 per share, with a total value of $61,000.00. Following the completion of the purchase, the director now directly owns 47,053 shares of the company’s stock, valued at approximately $143,512. On Wednesday, shares of Noranda Aluminum Holding Corporation (NYSE:NOR) advanced 10.26% to close the day at $3.33. Company return on investment (ROI) is 0.60% and its monthly performance is recorded as -5.40%. Noranda Aluminum Holding Corporation (NYSE:NOR) quarterly revenue growth is -27.13%.

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