Basic Material Losers: Great Northern (NYSE:GNI), Whiting USA Trust (NYSE:WHX), New Concept,. (NYSEMKT:GBR), Alderon Iron Ore Corp. Ordinary (NYSEMKT:AXX), HB Fuller (NYSE:FUL)

Posted by on Jun 27, 2014

Great Northern Iron Ore Properties (NYSE:GNI) announced a quarterly dividend on Tuesday, June 17th. nvestors of record on Monday, June 30th will be paid a dividend of 2.50 per share on Thursday, July 31st. This represents a $10.00 annualized dividend and a dividend yield of 47.15%. The ex-dividend date is Thursday, June 26th. Great Northern Iron Ore Properties (NYSE:GNI) net profit margin is 77.90% and weekly performance is -16.37%. On last trading day company shares ended up $18.65. Great Northern Iron Ore Properties (NYSE:GNI) distance from 50-day simple moving average is 0.81%.

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. Whiting USA Trust (NYSE:WHX) shares fell -10.00% in last trading session and ended the day on $1.98. WHX Gross Margin is 99.30% and its return on assets is 150.10%. Whiting USA Trust (NYSE:WHX) quarterly performance is -56.39%.

In view of the unusual market activity in the common stock of New Concept Energy, Inc. (nyse mkt:GBR), the Exchange has contacted the company in accordance with its usual practice. The company stated that its policy is not to comment on unusual market activity. New Concept Energy, Inc. (NYSEMKT:GBR) shares moved down -7.96% in last trading session and was closed at $3.70, while trading in range of $3.50-$4.00. New Concept Energy, Inc. (NYSEMKT:GBR) year to date performance is 103.30%.

Alderon Iron Ore Corp. Ordinary Shares (Canada) (NYSEMKT:AXX) is pleased to announce that The Kami Mine Limited Partnership (“Kami LP”), an affiliate of Alderon, has signed a Life Cycle Services Agreement (the “Agreement”) with Metso Minerals Canada, Inc. (“Metso”) with respect to the development of the Kami Iron Ore Project (“Kami Project”) located in western Labrador. Alderon Iron Ore Corp. Ordinary Shares (Canada) (NYSEMKT:AXX) ended the last trading day at $1.22. Company weekly volatility is calculated as 1.63%. Alderon Iron Ore Corp. Ordinary Shares (Canada) (NYSEMKT:AXX) showed a negative weekly performance of -7.58%.

H.B. Fuller Co. (NYSE: FUL) reported Q2 EPS of $0.78, in-line with the analyst estimate of $0.78. Revenue for the quarter came in at $544 million versus the consensus estimate of $545.18 million. HB Fuller Co (NYSE:FUL) net profit margin is 4.40% and weekly performance is -6.21%. On last trading day company shares ended up $47.44. Analysts mean target price for the company is $53.71. HB Fuller Co (NYSE:FUL) distance from 50-day simple moving average is -0.98%.

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