Basic Material Gainers: Quicksilver Resources (NYSE:KWK), Magellan Petroleum Corporation (NASDAQ:MPET), PolyMet Mining (NYSEMKT:PLM), Whiting USA Trust (NYSE:WHX)

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Quicksilver Resources Inc. (NYSE:KWK) announced that the company completed its semi-annual redetermination and closed an amendment to its Combined Credit Agreements on April 25, 2014. Quicksilver Resources Inc (NYSE:KWK) stock performance was 6.84% in last session and finished the day at $3.28. Traded volume was 11.14million shares in the last session and the average volume of the stock remained 3.47million shares. The beta of the stock remained 2.02. Quicksilver Resources Inc (NYSE:KWK) insider ownership is 10.20%.

Magellan Petroleum Corporation (NASDAQ:MPET) recently announced that on April 15, 2014, it received the final AUD $5 million payment contemplated by the Share Sale and Purchase Deed entered into with Central Petroleum Limited for the sale of the Company’s onshore Australia assets. Magellan Petroleum Corporation (NASDAQ:MPET) rose 10.95 percent to $2.23 Monday on volume of 2.86million shares. The intra-day range of the stock was $2.02 to $2.34. Magellan Petroleum Corporation (NASDAQ:MPET) has a market capitalization of $101.13million.

PolyMet Mining Corp. (USA) (NYSEMKT:PLM) filed its financial results for the year ended January 31, 2014. The Company also announced a one year extension to September 30, 2015 for the convertible debentures originally issued in 2008 to Glencore AG. PolyMet Mining Corp. (USA) (NYSEMKT:PLM)’s stock on Apr 28, 2014 reported a increase of 6.96% to the closing price of $1.23. Its fifty two weeks range is $0.67 -$1.56. The total market capitalization recorded $338.88million. The overall volume in the last trading session was 460,615.00million shares. In its share capital, PLM has 271.74million outstanding shares.

Whiting USA Trust (NYSE:WHX) posted its quarterly earnings results on Thursday. The company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by $0.01. On Monday, shares of Whiting USA Trust (NYSE:WHX) advanced 6.37% to close the day at $2.84. Company return on investment (ROI) is 165.20% and its monthly performance is recorded as -47.31%. Whiting USA Trust (NYSE:WHX) quarterly revenue growth is -47.21%.

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