Equities Updates on Metals and Mining Industry -- Cliffs Natural Resources, BHP Billiton, Rio Tinto, Thompson Creek Metals, and Teck Resources
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LONDON, August 13, 2014 /PRNewswire/ --
On Tuesday, August 12, 2014, the NASDAQ Composite ended at 4,389.25, down 0.27%, the Dow Jones Industrial Average declined 0.06%, to finish the day at 16,560.54, and the S&P 500 closed at 1,933.75, down 0.16%. The losses were broad based as seven out of ten sectors ended the session in negative. The S&P 500 Materials Sector Index ended the day at 311.03, up 0.26%, with the index also advancing 2.06% in the previous three months. Investor-Edge has initiated coverage on the following equities: Cliffs Natural Resources Inc. (NYSE: CLF), BHP Billiton Ltd (NYSE: BHP), Rio Tinto PLC (NYSE: RIO), Thompson Creek Metals Company Inc. (NYSE: TC), and Teck Resources Ltd (NYSE: TCK). Free research on these five companies can be accessed at:
http://investor-edge.com/register
Cliffs Natural Resources Inc.'s stock finished Tuesday's session 2.70% lower at $17.69. A total of 4.46 million shares were traded, which was below its three months average volume of 5.42 million shares. The stock moved between $17.57 and $18.18 during the session. Over the last three trading sessions and the previous one month, Cliffs Natural Resources Inc.'s shares have advanced 3.51% and 20.10%, respectively. However, from the beginning of 2014, the stock has declined 32.51%. The company's stock is trading above its 50-day moving average of $15.47, while the 50-day moving average is below Cliffs Natural Resources Inc.'s 200-day moving average of $20.02. The stock traded at a PE ratio of 19.79 and has a Relative Strength Index (RSI) of 67.90. Sign up and read the free notes on CLF at:
http://www.Investor-Edge.com/CLF-13Aug2014
On Tuesday, shares in BHP Billiton Ltd fluctuated between $70.99 and $71.58 before ending the session 0.25% higher at $71.48. The stock reported a trading volume of 0.76 million shares, much below its three months average volume of 1.57 million shares. BHP Billiton Ltd's shares have advanced 1.09% in the previous three trading sessions, 1.15% in the last one month and 4.81% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $70.00 and $68.62, respectively. Moreover, shares of BHP Billiton Ltd have an RSI of 50.00. The complimentary notes on BHP can be downloaded as in PDF format at:
http://www.Investor-Edge.com/BHP-13Aug2014
Rio Tinto PLC's stock edged 0.22% higher, to close the day at $59.18. The stock recorded a trading volume of 2.11 million shares, below its three months average volume of 2.26 million shares. The stock oscillated between $58.62 and $59.32 during the session. Over the last one month and over the past three months, Rio Tinto PLC's shares have gained 7.29% and 4.97%, respectively. Further, the stock has gained 4.87% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $55.19 is greater than its 200-day moving average of $54.37. Additionally, Rio Tinto PLC has an RSI of 63.54. Register for free on Investor-Edge and access the latest research on RIO at:
http://www.Investor-Edge.com/RIO-13Aug2014
On Tuesday, shares in Thompson Creek Metals Co. Inc. recorded a trading volume of 1.19 million shares, lower than its three months average volume of 1.80 million shares. The stock ended the day at $2.86, which was 2.14% above its previous day's closing price of $2.80, and registered an intraday range of $2.78 and $2.86. Thompson Creek Metals Co. Inc.'s shares have gained 4.38% in the previous three trading sessions, 1.42% in the last three months and 31.19% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $2.83 and $2.68, respectively. Furthermore, shares of Thompson Creek Metals Co. Inc. have an RSI of 48.45. The complete research on TC is available for free at:
http://www.Investor-Edge.com/TC-13Aug2014
Teck Resources Ltd's stock lost 2.03%, to close Tuesday's session at $23.15, after oscillating between $23.05 and $23.42. The stock recorded a trading volume of 2.16 million shares, above its three months average volume of 2.06 million shares. Over the last three trading sessions and previous three months, Teck Resources Ltd's shares have fallen by 0.43% and 0.60%, respectively. Additionally, the stock has declined 11.00% on YTD basis. The company's stock is trading above its 50-day moving average. The stock's 200-day moving average of $23.58 is above its 50-day moving average of $23.12. Further, Teck Resources Ltd's stock traded at a PE ratio of 22.35 and has an RSI of 50.12. Free in depth research on TCK is available at:
http://www.Investor-Edge.com/TCK-13Aug2014
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