Stocks to watch on the Australian stock exchange at close on Wednesday:
FMG - FORTESCUE METALS GROUP - up 18 cents, or 3.5 per cent, to $5.33
Fortescue Metals Group has paid back $US1.6 billion ($A1.79 billion) of debt early lowering its total pile to below $US10 billion.
OZL - OZ MINERALS - up 43 cents, or 14.01 per cent, to $3.50
Oz Minerals shares have jumped 17 per cent after the gold and copper miner said it had realised its production guidance and expects a boost in production and lower costs in 2014.
PDN - PALADIN ENERGY - up four cents, or 8.89 per cent, to 49 cents
MELBOURNE - Paladin Energy says it is confident of securing the sale of a stake in its flagship Namibian mine as a fall in uranium prices weighed on its December quarter activities report.
STX - STRIKE ENERGY - up one cent, or 10.53 per cent, to 10.5 cents
ORA - ORORA - up one cent, or 0.8 per cent, to $1.255
Oil and gas explorer and developer Strike Energy has entered into an option agreement with packaging supplier Orora to supply 30 petajoules of gas to Orora over 10 years.