Basic Material Bullish Stocks: Eldorado Gold (NYSE:EGO), Royale Energy (NASDAQ:ROYL), Synthesis Energy Systems (NASDAQ:SYMX), Whiting Trust (NYSE:WHX) Great Northern Iron Ore (NYSE:GNI)

Posted by on Jun 30, 2014

Eldorado Gold Corp (USA) (NYSE:EGO) shares rose 4% on Friday after the Canadian gold miner said its Turkish subsidiary has received environmental clearance from the local government to expand its Kisladag open pit mine. Eldorado Gold Corp (USA) (NYSE:EGO) net profit margin is -54.30% and weekly performance is 6.18%. On last trading day company shares ended up $7.56. Analysts mean target price for the company is $8.42. Eldorado Gold Corp (USA) (NYSE:EGO) distance from 50-day simple moving average (SMA50) is 23.62%.

Royale Energy, Inc. (NASDAQ:ROYL) announced the results of an independent review of the prospective resource potential of two recently identified North Slope Alaska drilling targets. Global independent expert, Netherland Sewell and Associates (NSAI) reviewed geological and geophysical data including the recently acquired 3D seismic survey, and concluded that the targets contain 17.8 to 325.3 Million barrels of oil in place. Royale Energy, Inc. (NASDAQ:ROYL) shares advanced 7.21% in last trading session and ended the day on $3.57. ROYL gross Margin is 64.50% and its return on assets is 17.30%.Royale Energy, Inc. (NASDAQ:ROYL) quarterly performance is 23.10%.

At the Annual Meeting of Stockholders of Synthesis Energy Systems, Inc. (NASDAQ:SYMX) on May 29, 2014, seven directors were elected for terms expiring on the date of the annual meeting for the year ended June 30, 2014. Synthesis Energy Systems, Inc. (NASDAQ:SYMX) shares moved up 7.73% in last trading session and was closed at $1.95, while trading in range of $1.82 – $1.95. Synthesis Energy Systems, Inc. (NASDAQ:SYMX) year to date (YTD) performance is 225.00%.

Whiting USA Trust II (NYSE:WHZ) was upgraded by investment analysts at Raymond James from a “market perform” rating to an “outperform” rating in a note issued to investors on Monday, TheFlyOnTheWall.com reports. The firm currently has a $13.00 price target on the stock. Raymond James’ target price would suggest a potential upside of 4.92% from the company’s current price. Whiting USA Trust (NYSE:WHX) ended the last trading day at $2.11. Company weekly volatility is calculated as 6.47% and price to cash ratio as 293.08.Whiting USA Trust (NYSE:WHX) showed a positive weekly performance of 8.21%.

Great Northern Iron Ore Properties (NYSE:GNI) will begin trading ex-dividend on June 26, 2014. A cash dividend payment of $2.5 per share is scheduled to be paid on July 31, 2014. Great Northern Iron Ore Properties (NYSE:GNI) net profit margin is 78.20% and weekly performance is -8.88%. On last trading day company shares ended up $20.32. Great Northern Iron Ore Properties (NYSE:GNI) distance from 50-day simple moving average (SMA50) is 10.19%.

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