Basic Material Top Losers: Walter Energy (NYSE:WLT), Thompson Creek Metals Company (NYSE:TC), Great Panther Silver (NYSEMKT:GPL), Mines Management, (NYSEMKT:MGN)

Walter Energy, Inc. (NYSE: WLT) is getting to find out all over again about the woes of coal. Its stock sold off with the sector last week after a Goldman Sachs analyst downgrade, and now Walter is seeking to make changes to its credit facility terms. Walter Energy, Inc. (NYSE:WLT) stock opened at $10.18 in last session, and closed at $9.43, while the day range of stock is $9.32 – $10.18. The stock showed a negative weekly performance of -11.21%.

Thompson Creek Metals Company Inc. (USA) (NYSE:TC) and its joint venture partners (Thompson Creek) owned and operated an open-pit molybdenum mine in northeastern British Columbia that had been in operation since 1965. Thompson Creek sought to expand and modernize the mine by, among other things, constructing a new mill, combining three existing pits into one “superpit,” and consolidating tailings ponds. Thompson Creek Metals Company Inc (USA) (NYSE:TC) stock opened at $2.62, in last session and closed at $2.47, by losing -6.44%. The 52 week range of the stock is $1.72 – $4.05. Company’s market capitalization is $423.51 billion.

Great Panther Silver Ltd (USA) (NYSEMKT:GPL) reported financial results for the Company’s year ended December 31, 2013. The full version of the Company’s financial statements, Management’s Discussion and Analysis, and Annual Information Form can be viewed on the Company’s website at www.greatpanther.com, or SEDAR at www.sedar.com. Great Panther Silver Ltd (USA) (NYSEMKT:GPL) stock decreased -8.73% and finished the last session at $1.15. The EPS of the stock remained -0.04. Company’s market capitalization is $159.18 million.

Mines Management, Inc. (NYSEMKT:MGN) is engaged in the business of acquiring and exploring, and developing mineral properties, primarily those containing silver and associated base and precious metals. The Company acquires, explores, and develops mineral properties in North America. Mines Management, Inc. (NYSEMKT:MGN) stock opened the session at $1.68, and closed the session at $1.42. The 52 week range of the stock remained $0.48 – $1.80 and the day range was $1.41 – $1.74.

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