Finance

Basic Material Bearish Stocks: Endeavour International Corporation (NYSE:END), Warren Resources (NASDAQ:WRES), Ur-Energy (NYSEMKT:URG), Uranerz Energy (NYSEMKT:URZ)

Shares of Endeavour International Corp. (NYSE:END) saw unusually-strong trading volume on Thursday following a better than expected earnings announcement, AnalystRatings.Net reports. Approximately 4,763,408 shares were traded during mid-day trading, an increase of 227% from the previous session’s volume of 1,456,031 shares. Endeavour International Corporation (NYSE:END) stock performance was -7.63% in last session and finished the day at $ 3.63. Traded volume was 5,639,253 million shares in the last session and the average volume of the stock remained 758.87 million shares. The beta of the stock remained 2.31. Endeavour International Corporation (NYSE:END) insider ownership is 17.70%.

Warren Resources Inc. (Nasdaq:WRES) detailed its 2014 capex budget on March 6. A total of about $116 million will be split between California and Wyoming operations, the company added. Warren Resources, Inc. (NASDAQ:WRES) dropped -7.20 percent to $4.51 yesterday on volume of 2.85 million shares. The intra-day range of the stock was $4.51 to $5.27. Warren Resources, Inc. (NASDAQ:WRES) has a market capitalization of $328.51 million.

Ur-Energy Inc (NYSE:URG) had its target price boosted by Cantor Fitzgerald from $2.00 to $2.85 in a report issued on Wednesday, American Banking & Market News reports. Ur-Energy Inc. (USA) (NYSEMKT:URG)’s stock on Mar 6, 2014 reported a decrease of -6.19% to the closing price of $1.82. Its fifty two weeks range is $0.73 -$1.99. The total market capitalization recorded $232.16 million. The overall volume in the last trading session was 1,875,793 million shares. In its share capital, Ur-Energy Inc. (USA) (NYSEMKT:URG) has m 122.46 illion outstanding shares.

Uranerz Energy Corporation (NYSEMKT:URZ) is a uranium company focused on commercial in-situ recovery (ISR) uranium production. The Company is principally focused on the development of its properties in the Powder River Basin area into commercial ISR uranium mines. The Company operates in two segments: Arkose Mining Venture (Arkose) and the Company’s remaining operations. On Thursday, shares of Uranerz Energy Corp. (NYSEMKT:URZ) dropped -7.69% to close the day at $1.80. Company’s its monthly performance is recorded as 25.87%. Uranerz Energy Corp. (NYSEMKT:URZ) quarterly revenue growth is 50.00%.