Alderon Iron Ore Corp. Ordinary Shares (Canada) (NYSEMKT:AXX), developer of the C$1.3 billion ($1.2 billion) Kami iron mine in Canada, may miss a self-imposed target for completing the project’s financing package, Chairman Mark Morabito said. Alderon Iron Ore Corp. Ordinary Shares (Canada) (NYSEMKT:AXX) shares after opening at $1.20 moved to $1.20 on last trade day and at the end of the day closed at $1.16. Alderon Iron Ore Corp. Ordinary Shares (Canada) (NYSEMKT:AXX) showed a negative weekly performance of -12.12%.
Universal Stainless & Alloy Products holds a Zacks Rank #1 (Strong Buy). Universal Stainless & Alloy Products (NASDAQ:USAP) shares advanced 5.13% in last trading session and ended the day on $31.56. USAP return on equity ratio is recorded as -2.30% and its return on assets is -1.30%. Universal Stainless & Alloy Products (NASDAQ:USAP) yearly performance is 9.43%.
Great Northern Iron Ore Properties (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. Shareholders who purchased GNI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.11% increase over the prior quarter. At the current stock price of $22.06, the dividend yield is 45.33%.Great Northern Iron Ore Properties (NYSE:GNI) shares moved up 8.95% in last trading session and was closed at $20.32, while trading in range of $18.03-$20.69. Great Northern Iron Ore Properties (NYSE:GNI) year to date performance is -67.10%.
—–TGC Industries Inc (NASDAQ:TGE) weekly performance is 11.98%. On last trading day company shares ended up $5.14. TGC Industries Inc (NASDAQ:TGE) distance from 50-day simple moving average is 6.39%. Analysts mean target price for the company is $8.20.
General Moly, Inc. (NYSEMKT:GMO), a U.S.-based molybdenum mineral development, exploration and mining company, announced that it received approval for all proposals submitted to stockholders at its annual Meeting of Stockholders, which was held June 19, 2014 in Golden, Colorado.General Moly, Inc. (NYSEMKT:GMO) shares after opening at $1.04 moved to $1.13 on last trade day and at the end of the day closed at $1.10. price to cash ratio as 5.95. General Moly, Inc. (NYSEMKT:GMO) showed a negative weekly performance of -10.57%.