Basic Material New Lows: Uranium Energy (NYSEMKT:UEC), Ceres Inc. (NASDAQ:CERE), General Moly (NYSEMKT:GMO), Valhi (NYSE:VHI)

Uranium Energy Corp. (NYSEMKT:UEC) is a U.S.-based uranium mining and exploration company. The Company’s fully licensed and permitted Hobson processing facility is central to all of its projects in South Texas, including the operating Palangana in-situ recovery mine and the Goliad in-situ recovery project which is currently in construction. The Company’s operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining. Uranium Energy Corp. (NYSEMKT:UEC), shares after opening at $1.36 moved to $1.39 on last trade day and at the end of the day closed at $1.28. Company price to sales ratio in past twelve months was calculated as 23.96 and price to cash ratio as 12.78. Uranium Energy Corp. (NYSEMKT:UEC), showed a negative weekly performance of 4.48%.

Ceres Inc. (NASDAQ:CERE) announced that it will report financial results for the second quarter of fiscal year 2014 on Thursday, April 10, 2014 after the close of the market. The company has scheduled a webcast and conference call for 4:30 p.m. EDT (1:30 p.m. PDT) to discuss its fiscal second quarter results and to provide an update on its business. Ceres Inc. (NASDAQ:CERE), shares fell 6.57% in last trading session and ended the day on $0.810. Ceres Inc. (NASDAQ:CERE), return on equity ratio is recorded as -111.20% and its return on assets is -98.10%. Ceres Inc. (NASDAQ:CERE), yearly performance is -76.92%.

General Moly, Inc. (NYSEMKT:GMO), a U.S.-based molybdenum mineral development, exploration and mining company, announced that Chief Executive Officer Bruce D. Hansen will present at the John Tumazos Very Independent Research Metals & Mining Conference at 9:45am (ET) on March 31, 2014. The conference will take place in New York, NY. General Moly, Inc. (NYSEMKT:GMO), shares moved down 4.94% in last trading session and was closed at $0.941, while trading in range of $ 0.90 – 1.00. General Moly, Inc. (NYSEMKT:GMO), year to date (YTD) performance is -29.78%.

Valhi, Inc. (NYSE:VHI), reported a income from continuing operations attributable to Valhi stockholders of $15.7 million, or $.05 per diluted share, in the fourth quarter of 2013 compared to a loss of $12.6 million, or $.04 per diluted share, in the fourth quarter of 2012. For the full year 2013, Valhi reported a loss from continuing operations attributable to Valhi stockholders of $98.0 million, or $.29 per diluted share, compared to income from continuing operations attributable to Valhi stockholders of $141.4 million, or $.41 per diluted share. Changes in reported net income attributable to Valhi stockholders are primarily due to changes in operating results in the Company’s Chemicals Segment and the gain on bargain purchase and remeasurement of existing investment discussed below. Valhi, Inc. (NYSE:VHI), weekly performance is -5.19%. On last trading day company shares ended up $8.40. Valhi, Inc. (NYSE:VHI), distance from 50-day simple moving average (SMA50) is -27.09%. Analysts mean target Price for the company is $5.00.

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