Basic Material Gainers: New Concept Energy (NYSEMKT:GBR), Great Northern Iron Ore Properties (NYSE:GNI), BioFuel Energy (NASDAQ:BIOF), PBF Logistics (NYSE:PBFX), Alexco Resource (NYSEMKT:AXU)

Technology Stocks News 17

New Concept Energy, Inc. (NYSEMKT:GBR) a Dallas- based oil and gas company, today reported net loss for the three months ended March 31, 2014 of $40,000 or $0.02 per share, compared to a net income of $31,000 or $(0.02) per share for the three months ended March 31, 2013. For the three months ended March 31, 2014, the Company recorded oil and gas revenues of $344,000 as compared to $340,000 for the comparable period of 2013. New Concept Energy, Inc. (NYSEMKT:GBR) stock performance was 6.93% in last session and finished the day at $3.24. Traded volume was 50,171.00million shares in the last session and the average volume of the stock remained 76.65K shares. The beta of the stock remained 1.36. New Concept Energy, Inc. (NYSEMKT:GBR) insider ownership is 53.98%.

Great Northern Iron Ore Properties (NYSE:GNI) announced a quarterly dividend on Tuesday, June 17th, StockRatingsNetwork.com reports. Investors 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. This is an increase from Great Northern Iron Ore Properties’s previous quarterly dividend of $2.25. Great Northern Iron Ore Properties (NYSE:GNI) rose 5.16 percent to $21.21 Tuesday on volume of 81,459.00million shares. The intra-day range of the stock was $20.27 to $21.34. Great Northern Iron Ore Properties (NYSE:GNI) has a market capitalization of $31.81million.

Biofuel Energy Corp. (NASDAQ:BIOF) has entered into an agreement to acquire homebuilding-financing company JBGL for $275 million in cash and stock. BioFuel Energy Corp. (NASDAQ:BIOF)’s stock on June 17, 2014 reported a increase of 6.10% to the closing price of $7.31. Its fifty two weeks range is $1.13 -$9.44. The total market capitalization recorded $45.90million. The overall volume in the last trading session was 229,958.00million shares. In its share capital, BIOF has 5.44million outstanding shares.

PBF Logistics LP (NYSE:PBFX) quiet period is set to end on Wednesday, June 18th. PBF Logistics had issued 13,750,000 shares in its IPO on May 9th, ARN reports. The total size of the offering was $316,250,000 based on an initial share price of $23.00. During the company’s quiet period, insiders and underwriters that worked on the IPO are restricted from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company. On Tuesday, shares of PBF Logistics LP (NYSE:PBFX) advanced 8.28% to close the day at $29.56. Company monthly performance is recorded as 9.81%.

Alexco Resource Corp. (USA) (NYSEMKT:AXU) was upgraded by research analysts at Canaccord Genuity to a “buy” rating in a report released on Tuesday. Alexco Resource Corp. (USA) (NYSEMKT:AXU) stock performance was 5.88% in last session and finished the day at $1.08. Traded volume was 509,641.00million shares in the last session and the average volume of the stock remained 394.08K shares. The beta of the stock remained 0.99. Alexco Resource Corp. (USA) (NYSEMKT:AXU) insider ownership is 12.34%.

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