Benzinga's Small Cap Movers for Wednesday November 14, 2012

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Below are highlights from Benzinga's daily coverage of small cap securities making big moves:
China Shen Zhou Mining & Resources
Shares of China Shen Zhou Mining & Resources
SHZ
, the China-based company engaged in the exploration, development, mining, and processing of fluorite, barite and nonferrous metals such as zinc, lead and copper, rose 15% Wednesday on higher than average volume. China Shen Zhou Mining announced Wednesday financial results for the third quarter and first nine months ended September 30, 2012. Third quarter net sales increased 5.2% year-over-year to approximately $7.4 million. The increase in net sales was mainly due to greater sales volume for fluorite powder and copper concentrate in the third quarter of 2012. Gross profit was $273,000 compared with $2.9 million in the third quarter of 2011. Decrease in gross profit was mainly due to lower selling price of fluorite powder. The fluorite powder sales price decreased 39% year-over-year to approximately $235 per metric ton in the third quarter of 2012. Net loss attributable to the Company was $1.5 million, or loss of $0.04 per basic and diluted share, compared with a net income of $0.68 million, or income of $0.02 per basic and diluted share, in the 2011 third quarter. China Shen Zhou Mining & Resources closed at $0.26 on Wednesday.
Cereplast,
Shares of Cereplast
CERP
, the El Segundo, CA designer and manufacturer of proprietary biobased, sustainable bioplastics, rose 18% Wednesday on 4 times average volume. Cereplast announced Wednesday its financial results for the third quarter ended September 30, 2012. Net sales for the three months ended September 30, 2012 were approximately $477,000, compared to $5.4 million for the same period in 2011. Net sales for the first nine months of 2012 were approximately $0.8 million, compared to $20.2 million in the same period in 2011. The decrease in sales was due to transitioning significant resources and efforts toward recovery of past due accounts receivables from customers and minimizing any additional exposure to accounts receivable credit risk. Current period sales were primarily prepaid shipments of sample materials and nominal shipments to established existing customers with low risk credit limits. Cereplast closed at $0.11 on Wednesday.
Bridgeline Digital
Shares of Bridgeline Digital
BLIN
, the Burlington, MA developer of web experience management software suite and interactive business technology solutions, rose 9% Wednesday on more than 5 times average volume. Bridgeline Digital announced Wednesday that it has been added to Deloitte's Technology Fast 500 list, a ranking of the 500 fastest growing technology companies in North America. Bridgeline Digital earned this honor by achieving 136% revenue growth in the fiscal years of 2007 through 2011, the time period Deloitte assigned as its statistical criteria for the 2012 list. Bridgeline Digital closed at $1.94 on Wednesday.
The information in this article is taken from public sources, press releases, and websites that cannot always be verified. Please note that investing in microcap stocks is highly speculative. The companies mentioned here are for information purposes only. Benzinga makes no claim as to the suitability of these stocks as an investment. Neither Benzinga nor its staff recommend that you buy, sell, or hold any security. We do not offer investment advice, personalized or otherwise. Benzinga recommends that you conduct your own due diligence and consult a certified financial professional for personalized advice about your financial situation.
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