Basic material gainers: Andatee China Marine Fuel (NASDAQ:AMCF), PostRock Energy (NASDAQ:PSTR), American Eagle Energy (NYSEMKT:AMZG), Gulf Resources (NASDAQ:GURE)

FB Nasdaq FB Facebook

Andatee China Marine Fuel Services Corporation (NASDAQ:AMCF), a leading independent operator engaged in the production, storage, distribution, trading of blended marine fuel oil for cargo and fishing vessels in China, today announced its financial results for the first quarter of 2014 ended March 31, 2014. Total sales in Q1 2014 decreased by 22% to $42 million from $53.6 million in Q1 2013. Gross profit in Q1 2014 decreased by 17.6% to $2.86 million from $3.47 million in Q1 2013. Gross margin increased from 6.5% in Q1 2013 to 6.8% in Q1, 2014. Income from operations in Q1 2014 was $0.3 million as compared to $1.36 million in Q1 2013. Net loss increased by $3.8 million, from net income of $334,972 for Q1 2013 to net loss of $3.42 million for Q1, 2014. Andatee China Marine Fuel Ser Corp (NASDAQ:AMCF) stock performance was 7.57% in last session and finished the day at $1.99. Traded volume was 51,374.00million shares in the last session and the average volume of the stock remained 201.63K shares. The beta of the stock remained 2.10. Andatee China Marine Fuel Ser Corp (NASDAQ:AMCF) insider ownership is 51.83%.

PostRock Energy Corporation (NASDAQ:PSTR) posted a net loss of $7.9 million, or 50 cents a share, in the first quarter, the company reported Tuesday, 13 May 2014. Company lost $6.2 million, or 25 cents a share, in the same period of last year. The company also saw its total production dip slightly due to extreme winter weather, but it managed to increase oil production by 17 percent. Company’s production was up 120 percent in central Oklahoma, where it plans to spend $20 million on new wells this year. PostRock Energy Corporation (NASDAQ:PSTR) rose 5.30 percent to $1.57 Monday on volume of 52,627.00million shares. The intra-day range of the stock was $1.46 to $1.60. PostRock Energy Corporation (NASDAQ:PSTR) has a market capitalization of $49.50million.

Equities research analysts at Northland Securities lowered their target price on shares of American Eagle Energy Corp (NASDAQ:AMZG) from $15.00 to $12.00 in a research note issued to investors on Wednesday, Analyst RN reports. The firm currently has an “outperform” rating on the stock. Northland Securities’ price target suggests a potential upside of 112.39% from the company’s current price. American Eagle Energy Corp (NYSEMKT:AMZG)’s stock on May 19, 2014 reported a increase of 5.79% to the closing price of $6.03. Its fifty two weeks range is $1.71 -$12.00. The total market capitalization recorded $183.13million. The overall volume in the last trading session was 148,258.00million shares. In its share capital, AMZN has 30.42million outstanding shares.

Gulf Resources, Inc. (NASDAQ:GURE) reported first quarter earnings and revenue on Friday, 09 May 2014 which was higher than the analysts had expected. After the bell Friday, the China-based company reported net income of $4.3 million, or 11 cents a share, more than double $1.9 million, or 5 cents a share, in the year-ago quarter. Revenue climbed 14% year over year to $25.6 million. The stock spiked 21.35% yesterday touching a day high of $2.44 and closing at $2.16 with trading volume of 2.84 million shares. On Monday, shares of Gulf Resources, Inc. (NASDAQ:GURE) advanced 5.26% to close the day at $2.20. Company return on investment (ROI) is 7.00% and its monthly performance is recorded as 4.27%. Gulf Resources, Inc. (NASDAQ:GURE) quarterly revenue growth is -9.09%.

Signup for free to be the first to receive exclusive free links. Now in your mailbox!
Join over 15,000 subscribers
Send me links

Your information will not be shared to anyone