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Basic Materials Sector Review: Stock Gainers and Losers

By Dave Friedman

September 14 2011 Tweet Email This

Wall St. Watchdog reveals information about today’s action in the Basic Materials sector:

Gainer (% price change)

Olympic Steel, Inc. (NASDAQ:ZEUS): The shares closed at $19.53, up $1.1, or 5.97%, on the day. Its market capitalization is $212.88 million. About the company: Olympic Steel, Inc. processes and distributes flat-rolled carbon, stainless steel, and tubular steel products. The Company operates as an intermediary between steel producers and manufacturers that require processed steel for their operations. Olympic purchases steel from producers and processes it according to customer specifications.
L.B. Foster Company (NASDAQ:FSTR): The shares closed at $24.82, up $1.31, or 5.57%, on the day. Its market capitalization is $255.09 million. About the company: L.B. Foster Company manufactures, fabricates, and distributes rail and trackwork piling, highway products, earth wall systems, and tubular products. The Company supplies its products to railroads, and to the mining and construction industries. L.B. Foster also sells and rents steel piling and H-bearing pile for foundation and earth retention requirements.
Tredegar Corporation (NYSE:TG): The shares closed at $15.67, up $0.76, or 5.06%, on the day. Its market capitalization is $501.65 million. About the company: Tredegar Corporation manufactures plastic films and aluminum extrusions. The Company also has interests in a variety of technology-based businesses. Tredegar’s customers include the disposables, packaging, agriculture, building and construction, transportation, electrical, and consumer durables markets, among others.
KMG Chemicals, Inc. (NASDAQ:KMGB): The shares closed at $12.89, up $0.62, or 5.05%, on the day. Its market capitalization is $145.90 million. About the company: KMG Chemicals, Inc. manufactures, formulates, and globally distributes specialty chemicals. The Company operates segments involved in the electronic chemicals, industrial wood preserving, and animal health businesses.
RBC Bearings Incorporated (NASDAQ:ROLL): The shares closed at $33.97, up $1.6, or 4.94%, on the day. Its market capitalization is $745.19 million. About the company: RBC Bearings Inc. designs, manufactures, and markets a broad portfolio of bearing products, including precision plain, roller, and ball bearings.

Loser (% price change)

Golden Star Resources Ltd (AMEX:GSS): The shares closed at $2.33, down $0.26, or 10.04%, on the day. Its market capitalization is $602.56 million. About the company: Golden Star Resources Ltd. is a mid-tier gold mining company. The Company’s operating mines are situated along the Ashanti Gold Belt in Ghana, West Africa.
Cheniere Energy Partners (AMEX:CQP): The shares closed at $14.92, down $1.06, or 6.63%, on the day. Its market capitalization is $2.42 billion. About the company: Cheniere Energy Partners, L.P., through its subsidiary, will develop, own, and operate the Sabine Pass LNG receiving terminal currently under construction in western Cameron Parish, Louisiana on the Sabine Pass Channel.
Seabridge Gold, Inc. (USA (AMEX:SA): The shares closed at $26.22, down $1.45, or 5.24%, on the day. Its market capitalization is $1.11 billion. About the company: Seabridge Gold, Inc. acquires gold projects in North America. The Company expands and verifies these resources, moves them to reserves to determine their economic value, and either sells to or forms joint ventures with larger companies for mine construction and production.
Exeter Resource Corp. (AMEX:XRA): The shares closed at $4.91, down $0.19, or 3.73%, on the day. Its market capitalization is $427.85 million. About the company: Exeter Resource Corporation explores for, evaluates, and develops mineral deposits in South America. The Company’s focus is on gold exploration in Argentina and Chile.
Almaden Minerals Ltd (AMEX:AAU): The shares closed at $3.22, down $0.12, or 3.59%, on the day. Its market capitalization is $186.54 million. About the company: Almaden Minerals Ltd. acquires, explores, and develops gold-silver-copper properties. The Company has projects in British Columbia and the Yukon, both located in Canada, and in Mexico. Almaden’s focus is on gold production.