BAsic Material Losers: General Moly, Inc. (NYSEMKT: GMO) , BioFuel Energy Corp. (NASDAQ:BIOF), TGC Industries Inc (NASDAQ:TGE), IKONICS Corporation (NASDAQ:IKNX)

On 12 JUNE General Moly, Inc. (NYSEMKT: GMO) reported ($0.03) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.03). Analysts expect that General Moly will post $-0.10 EPS for the current fiscal year. General Moly, Inc. (NYSEMKT: GMO) weekly performance is 1.90%. On last trading day company shares ended up $1.07. Analysts mean target price for the company is $1.28. General Moly, Inc. (NYSEMKT: GMO) distance from 50-day simple moving average (SMA50) is 4.05%.

On 11 JUNE BioFuel Energy Corp. (NASDAQ:BIOF) announced that it has entered into a definitive agreement with certain affiliates of Greenlight Capital Inc. and James R. Brickman to acquire the equity interests of JBGL Builder Finance LLC and certain subsidiaries of JBGL Capital LP. BioFuel Energy Corp. (NASDAQ:BIOF) shares fell -6.10% in last trading session and ended the day on $6.77. BIOF Gross Margin is -4.40% and its return on assets is -11.40%. BioFuel Energy Corp. (NASDAQ:BIOF) quarterly performance is 103.92%.

On 6 JUNE TGC Industries Inc (NASDAQ:TGE) held annual meeting of shareholders, and provide brief description of each matter voted upon at the annual meeting, and the number of votes cast for, against, or withheld, as well as abstentions and broker non-votes. TGC Industries Inc (NASDAQ:TGE) shares moved down -6.07% in last trading session and was closed at $4.49, while trading in range of $4.46 – $4.93. TGC Industries Inc (NASDAQ:TGE) year to date (YTD) performance is -38.49%.

IKONICS Corporation (NASDAQ:IKNX) ended the last trading day at $22.50. Company weekly volatility is calculated as 8.31% and price to cash ratio as 14.20. IKONICS Corporation (NASDAQ:IKNX) showed a negative weekly performance of -8.39%.

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