Metals & Mining Stocks Technical Report -- Research on Teck Resources, Molycorp, BHP Billiton, and Thompson Creek Metals

LONDON, April 10, 2014 /PRNewswire/ --

On Wednesday, April 09, 2014, the NASDAQ Composite ended at 4,183.90, up 1.72%, the Dow Jones Industrial Average finished 1.11% higher at 16,437.18, and the S&P 500 closed at 1,872.18, up 1.09%. The gains were broad based as eight out of ten sectors finished on a higher note. The S&P 500 Materials Sector Index advanced 1.52% to finish the day at 299.95, and the same has gained 0.46% in the previous three trading sessions. Investor-Edge has initiated coverage on the following equities: Teck Resources Ltd (NYSE: TCK), Molycorp Inc. (NYSE: MCP), BHP Billiton Ltd (NYSE: BHP) and Thompson Creek Metals Co. Inc. (NYSE: TC). Free technical research on TCK, MCP, BHP and TC can be downloaded upon signing up at:

http://www.investor-edge.com/1001-register

On Wednesday, shares in Teck Resources Ltd edged 0.85% lower to close the day at $23.27. The stock recorded a trading volume of 5.57 million shares as compared with its three months average volume of 2.37 million shares. The stock oscillated between $22.96 and $23.60 during the trading session. The company's shares traded at a PE ratio of 14.64. Teck Resources Ltd's shares have gained 4.63% in the previous three trading sessions and 5.77% in the last one month, while the same has declined 10.53% on YTD basis. The stock is trading above its 50-day moving average. Teck Resources Ltd's 200-day moving average of $24.58 is above its 50-day moving average of $22.57. Additionally, the stock has a Relative Strength Index (RSI) of 65.66. Sign up today to read free research on TCK at:

http://www.investor-edge.com/1001-TCK-10Apr2014.pdf

Molycorp Inc.'s shares finished the session 2.52% higher at an intra-day high of $4.89. A total of 2.78 million shares were traded, which is below its three months average volume of 5.15 million shares. The stock fluctuated between $4.75 and $4.89 during the session. Molycorp Inc.'s stock has advanced 2.30% in the previous three trading sessions, while the stock has fallen by 1.61% in the last one month and 12.99% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $5.01 and $5.69, respectively. Further, the stock has an RSI of 42.55. Sign up today to read free research on MCP at:

http://www.investor-edge.com/1001-MCP-10Apr2014.pdf

BHP Billiton Ltd's stock recorded a trading volume of 2.44 million shares, as compared with its three months average volume of 2.15 million shares. The stock ended the day at an intra-day high of $72.40, up 1.26%, after vacillating between $71.46 and $72.40. BHP Billiton Ltd's shares have gained 3.58% in the previous three trading sessions, 8.53% in the last one month and 6.16% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $66.93 and $66.24, respectively. Moreover, shares of the company have an RSI of 71.13. Sign up today to read free research on BHP at:

http://www.investor-edge.com/1001-BHP-10Apr2014.pdf

Shares in Thompson Creek Metals Co. Inc. reported a trading volume of 0.82 million shares, as compared with its three months average volume of 1.44 million shares. The stock ended the day at $2.45, up 4.26% and at an intraday range of $2.32 and $2.47. Thompson Creek Metals Co. Inc.'s shares have advanced 3.81% in the previous three trading sessions and 12.39% on YTD basis, while the stock has fallen by 7.20% in the last one month. The stock is trading below its 50-day and 200-day moving averages of $2.50 and $2.89, respectively. Furthermore, the stock has an RSI of 50.04. Sign up today to read free research on TC at:

http://www.investor-edge.com/1001-TC-10Apr2014.pdf

EDITOR'S NOTES:

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

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SOURCE Investor-Edge

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