Metals and Mining Stocks Under Review - Molycorp, Teck Resources, Turquoise Hill Resources, Rio Tinto, and Vale
Editor Note: For more information about this release, please scroll to bottom.
LONDON, January 6, 2015 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Molycorp Inc. (NYSE: MCP), Teck Resources Ltd (NYSE: TCK), Turquoise Hill Resources Ltd (NYSE: TRQ), Rio Tinto PLC (NYSE: RIO), and Vale S.A. (NYSE: VALE). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Monday, January 05, 2015, the NASDAQ Composite ended at 4,652.57, down 1.57%, the Dow Jones Industrial Average lost 1.86%, to finish the day at 17,501.65, and the S&P 500 closed at 2,020.58, down 1.83%. The losses were broad based as all the sectors ended the session in negative. The S&P 500 Materials Sector Index ended the day at 297.64, down 2.67%, with the index also declining 3.48% in the previous three trading sessions. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
Molycorp Inc.'s stock plummeted 11.62%, to close the day at $0.76. The stock recorded a trading volume of 3.53 million shares, below its three months average volume of 4.24 million shares. The stock oscillated between $0.75 and $0.87 during the session. Over the last three trading sessions and over the past one month, Molycorp Inc.'s shares have declined 11.78% and 20.01%, respectively. Further, the stock has lost 87.35% in the previous one year. The company is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $2.31 is above its 50-day moving average of $1.06. Additionally, Molycorp Inc. has a Relative Strength Index (RSI) of 47.12. Sign up and read the free notes on MCP at:
http://get.Investor-Edge.com/pdf/?c=Molycorp&d=06-Jan-2015&s=MCP
On Monday, shares in Teck Resources Ltd recorded a trading volume of 5.92 million shares, higher than its three months average volume of 3.95 million shares. The stock ended the day at $13.26, which was 3.56% below its previous day's closing of $13.75, and registered an intraday range of $13.01 and $13.68. Shares of the company traded at a PE ratio of 16.38. Teck Resources Ltd's shares have lost 3.63% in the previous three trading sessions, 8.99% in the last one month and 47.59% in the past one year. The company is trading below its 50-day and 200-day moving averages of $14.80 and $20.13, respectively. Furthermore, shares of Teck Resources Ltd have an RSI of 49.00. The complimentary notes on TCK can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Teck%20Resources&d=06-Jan-2015&s=TCK
Turquoise Hill Resources Ltd's stock lost 2.45%, to close Monday's session at $3.19, after oscillating between $3.14 and $3.28. The stock recorded a trading volume of 2.22 million shares, below its three months average volume of 3.47 million shares. Over the previous three trading sessions and the last one month, Turquoise Hill Resources Ltd's shares have advanced 5.98% and 2.57%, respectively. Additionally, the stock has gained 4.25% in the last one year. The company is trading below its 200-day moving average. The stock's 200-day moving average of $3.49 is above its 50-day moving average of $3.19. Further, Turquoise Hill Resources Ltd's stock has an RSI of 59.37. Register for free on Investor-Edge and access the latest research on TRQ at:
http://get.Investor-Edge.com/pdf/?c=Turquoise%20Hill%20Resources&d=06-Jan-2015&s=TRQ
Rio Tinto PLC's stock finished Monday's session 2.82% lower at $44.43. A total of 3.00 million shares were traded, which was below its three months average volume of 3.37 million shares. The stock moved between $43.84 and $44.51 during the session. Rio Tinto PLC's shares have declined 4.60% in the previous three trading sessions and 1.90% in the last one month. Additionally, the stock has plummeted 19.38% in the past one year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $52.23 is greater than its 50-day moving average of $46.38. Rio Tinto PLC's stock has an RSI of 51.47. The complete research on RIO is available for free at:
http://get.Investor-Edge.com/pdf/?c=Rio%20Tinto&d=06-Jan-2015&s=RIO
On Monday, shares in Vale S.A. fluctuated between $7.56 and $7.79 before ending the session 2.64% lower at $7.73. The stock reported a trading volume of 23.14 million shares, below its three months average volume of 29.02 million shares. Vale S.A.'s shares have declined 6.64% in the previous three trading sessions, 7.76% in the last one month and 46.06% in the last one year. The company is trading below its 50-day and 200-day moving averages of $8.79 and $12.09, respectively. Moreover, shares of Vale S.A. have an RSI of 43.81. Free in depth research on VALE is available at:
http://get.Investor-Edge.com/pdf/?c=Vale&d=06-Jan-2015&s=VALE
About Investor-Edge.com
At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.
===============
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 produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. 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.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] www.investor-edge.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Investor-Edge
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article