Morning Market Losers

CorMedix Inc. CRMD shares slipped 13.88 percent to $3.66 after the company issued an update on strategic transaction process. The company projected to initiate its first Phase 3 study for its lead product Neutrolin(R) in the fourth quarter. Cal-Maine Foods Inc CALM shares dipped 11.63 percent to $47.62 after the company reported downbeat Q4 results. Alon Blue Square Israel Ltd BSI shares fell 10 percent to $1.26 after the company the board approval of creditor arrangement of its subsidiary, Mega Retail. New Gold Inc. (USA) NGD declined 8.43 percent to $2.28. New Gold reported that it has entered into a $175 million streaming agreement with RGLD Gold AG. Silver Standard Resources Inc. (USA) SSRI shares fell 5.93 percent to $5.67. Silver futures fell 0.67 percent to trade at $14.74 an ounce. Newmont Mining Corp NEM shares declined 4.98 percent to $19.66 after falling 3.23 percent on Friday. Randgold Resources Ltd. (ADR) GOLD shares dropped 3.81 percent to $59.52. Gold futures dropped 1.73 percent to trade at $1,112.30 an ounce. Pan American Silver Corp. (USA) PAAS share slipped 2.51 percent to $7.18 after declining 3.92 percent on Friday.