Early Morning Insight: Cliffs Natural Resources Inc., Peabody Energy Corp., Walter Energy Inc., and McEwen Mining Inc.Early Morning Insight: Cliffs Natural Resources Inc., Peabody Energy Corp., Walter Energy Inc., and McEwen Mining Inc.
LONDON, November 4, 2013 /PRNewswire/ --
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On Friday, November 01, 2013, all three indexes of the US equity market posted gains. The S&P 500 ended the day at 1,761.64, up 0.29%; the Dow Jones Industrial Average closed at 15,615.55, up 0.45%; and the NASDAQ Composite finished at 3,922.04, up 0.06%. Shares in the Industrial Metals & Minerals industry mostly ended on a higher note, as the broader market posted gains. The major movers in the industry included Cliffs Natural Resources Inc. (NYSE: CLF), Peabody Energy Corporation (NYSE: BTU), Walter Energy Inc. (NYSE: WLT), and McEwen Mining Inc. (NYSE: MUX). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on CLF, BTU, WLT, and MUX now at:
http://www.aaaresearchreports.com/register/
Shares in Cliffs Natural Resources Inc. rallied on Friday, as the broader market posted gains. The company's shares closed the day 6.46% higher at $27.34, after trading between $25.81 and $27.77. A total of 17.25 million shares were traded, which is above the daily average volume of 7.98 million. The company's shares have surged 27.46% in the last one month and 32.85% in the previous three months, outperforming the S&P 500, which has advanced 4.21% and 3.04% during the respective periods. Furthermore, Cliffs Natural Resources Inc.'s stock is trading above its 50-day and 200-day moving averages of $22.44 and $22.32, respectively. Download free research on CLF today by registering at:
http://www.AAAResearchReports.com/CLF110413.pdf
Peabody Energy Corp.'s shares ended the day 2.93% higher at $20.05, after oscillating between $19.47 and $20.28. A total of 8.21 million shares were traded, which is above the daily average volume of 6.17 million. Peabody Energy Corp.'s shares have surged 14.05% in the last one month and 24.38% in the previous three months, outperforming the S&P 500, which has advanced 4.21% and 3.04% during the respective periods. Further, the company's stock is trading above its 50-day and 200-day moving averages of $18.16 and $19.30, respectively. Sign up and have access to our free report on BTU at:
http://www.AAAResearchReports.com/BTU110413.pdf
On Friday, Walter Energy Inc.'s stock rallied to close the day at $17.24, up 8.50% from the previous day's closing price of $15.89. The company's shares vacillated between $15.81 and $17.48 during the trading session. A total of 13.38 million shares were traded, which is above the daily average volume of 7.82 million. The company's shares have rallied 19.23% in the last one month and 68.52% in the previous three months, outperforming the S&P 500, which has gained 4.21% and 3.04% during the respective periods. Moreover, Walter Energy Inc.'s stock is trading above its 50-day moving average of $14.56. Sign up and read the complimentary report on WLT at:
http://www.AAAResearchReports.com/WLT110413.pdf
Shares in McEwen Mining Inc. plummeted by 7.48% on Friday, even as the broader market posted gains. The company's shares closed the day at $1.98, after trading between $1.94 and $2.11. A total of 4.12 million shares were traded, which is above the daily average volume of 3.45 million. Despite Friday's decline, McEwen Mining Inc.'s stock has gained 4.21% in the previous three months, outperforming the S&P 500, which has gained 3.04% during the same period. Additionally, the company's shares are trading below their 50-day and 200-day moving averages of $2.45 and $2.40, respectively. The free report on MUX can be downloaded by signing up now at:
http://www.AAAResearchReports.com/MUX110413.pdf
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SOURCE AAA Research Reports
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