Monday's small-cap volume leaders
The following were the most actively traded companies in Monday's trading among those with market capitalizations under $500 million:
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U.S. Global stock slides on lower Q3 earningsShares of U.S. Global Investors Inc. (Nasdaq: GROW) dipped on heavy volume this morning after the company reported decreased net income for its fiscal third quarter. The San Antonio-based boutique investment advisory firm posted net income of $2.4 million, or 16 cents per share, on revenue of $12.4 million for the quarter ended March 31. U.S. Global recorded net income of $2.6 million, or 17 cents per share, on revenue of $11.6 million in the year-ago quarter. There were no analysts’ estimates available. The quarter earning’s included non-recurring expenses primarily associated with a proxy election that resulted in a 2-for-1 stock split in late March. Excluding the charge, net income totaled $2.58 million, or 17 cents per share. spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer
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