Market Overview

Benzinga's Microcap Movers for Wednesday February 8, 2012


Below are highlights from Benzinga's daily coverage of microcap securities making big moves:

S&W Seed Company

Shares of S&W Seed Company (NASDAQ: SANW), the Five Points, CA seed prducer, rose 12% Wednesday on 38 times the average daily volume.

For the second quarter of fiscal year 2012, S&W reported revenue of $4.7 million versus $0.9 million in the comparable quarter last year; an increase of 420%. These results reflect both the strong demand of the company's proprietary alfalfa seed and the greatly increased price competitiveness due to the strategic decision to purchase its distributor's customer list and sell direct to dealers and large farms in key international markets. S&W reported operating income of $635,000 versus an operating loss of $216,000 in the comparable period of the prior year. Net income totaled $443,000, or $0.08 per basic and diluted share compared to a net loss of $82,000 or $(0.01) per basic and diluted share in the second quarter of the prior year.

S&W Seed closed at $5.15 on Wednesday.


Shares of Motricity (NASDAQ: MOTR), the Bellevue, WA provider of relevance-driven mobile merchandising, marketing, and advertising solutions, rose 34% Wednesday on 5 times the average daily volume.

Motricity announced Wednesday it will report its fourth quarter and fiscal year 2011 financial results for the period ended December 31, 2011 following the close of market on Thursday, March 1, 2012. On that day, management will hold a conference call and webcast at 2:00 p.m. PT to review and discuss the Company's results.

Motricity has been moving higher since the Facebook IPO filng last week. It is a popular stock in chat rooms and on Twitter.

Motricity closed at $1.74 on Wednesday.

Bullion Monarch Mining

Shares of Bullion Monarch Mining (BULM), the St George, UT company involved in the exploration, acquisition, and development of mining properties in the western United States and South America, rose 38% Wednesday on 26 times the average daily volume.

On Tuesday, Eurasian Minerals (NYSE: EMXX) and Bullion Monarch Mining announced they had entered into a definitive agreement with respect to a proposed merger of BULM with a wholly-owned subsidiary of EMX. EMX has agreed to acquire all of the outstanding common shares of BULM for which BULM shareholders will receive 0.45 of an EMX common share and US$0.11 in cash for each BULM share held. The Transaction is expected to close in the second quarter of 2012 and the BULM shares will cease trading thereafter.

Bullion Monarch Mining closed at $1.11 on Wednesday.

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