Momentum Indicators for Metals and Mining Stocks - Cliffs Natural Resources, Walter Energy, Agnico Eagle Mines, Stillwater Mining, and Paramount Gold and Silver
LONDON, March 26, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: Cliffs Natural Resources Inc. (NYSE: CLF), Walter Energy Inc. (NYSE: WLT), Agnico Eagle Mines Ltd (NYSE: AEM), Stillwater Mining Company (NYSE: SWC), and Paramount Gold and Silver Corporation (NYSE MKT: PZG). Free research report on Cliffs Natural Resources can be accessed at http://get.Investor-Edge.com/pdf/?c=Cliffs%20Natural%20Resources&d=26-Mar-2015&s=CLF. On Wednesday, March 25, 2015, the NASDAQ Composite ended at 4,876.52, down 2.37%, the Dow Jones Industrial Average declined 1.62%, to finish the day at 17,718.54, and the S&P 500 closed at 2,061.05, down 1.46%. The losses were broad based as nine out of ten sectors ended the session in negative. The S&P 500 Materials Sector Index ended the day at 304.99, down 1.12%, with the index also declining 1.17% in the previous three months. Register for your complimentary reports at the links given below.
On Wednesday, shares in Cliffs Natural Resources Inc. recorded a trading volume of 12.46 million shares, higher than its three months average volume of 9.02 million shares. The stock ended the day at $5.07, which was 1.60% above its previous day's closing of $4.99, and registered an intraday range of $5.00 and $5.48. Although Cliffs Natural Resources Inc.'s shares have surged 17.91% in the previous three trading sessions, it has lost 16.34% in the last three months and 74.21% in the past one year. The company is trading below its 50-day and 200-day moving averages of $6.55 and $10.68, respectively. Furthermore, shares of Cliffs Natural Resources Inc. have a Relative Strength Index (RSI) of 37.63. Sign up and read the free notes on CLF at:
http://get.Investor-Edge.com/pdf/?c=Cliffs%20Natural%20Resources&d=26-Mar-2015&s=CLF
Walter Energy Inc.'s stock lost 1.97%, to close Wednesday's session at $0.59, after oscillating between $0.58 and $0.64. The stock recorded a trading volume of 1.70 million shares, below its three months average volume of 3.26 million shares. Over the last one month and the previous year, Walter Energy Inc.'s shares have plummeted 40.93% and 92.40%, respectively. However, the stock has gained 3.63% in the last three trading sessions. The company is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $3.05 is above its 50-day moving average of $0.91. Further, Walter Energy Inc.'s stock has an RSI of 40.03. The complimentary notes on WLT can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Walter%20Energy&d=26-Mar-2015&s=WLT
Agnico Eagle Mines Ltd's stock finished Wednesday's session 0.46% lower at $30.11. A total of 1.72 million shares were traded, which was below its three months average volume of 2.77 million shares. The stock moved between $30.10 and $31.20 during the session. Agnico Eagle Mines Ltd's shares have advanced 1.31% in the previous three trading sessions and 27.32% in the last three months. However, the stock has declined 3.15% 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 $31.71 is greater than its 50-day moving average of $31.24. Agnico Eagle Mines Ltd's stock has an RSI of 51.92. Register for free on Investor-Edge and access the latest research on AEM at:
http://get.Investor-Edge.com/pdf/?c=Agnico%20Eagle%20Mines&d=26-Mar-2015&s=AEM
On Wednesday, shares in Stillwater Mining Co. fluctuated between $13.39 and $13.85 before ending the session 1.69% lower at $13.40. The stock reported a trading volume of 0.70 million shares, much below its three months average volume of 1.29 million shares. Shares of the company traded at a PE ratio of 22.54. Stillwater Mining Co.'s shares have declined 2.12% in the previous three trading sessions, 8.22% in the last three months and 11.61% in the past one year. The company is trading below its 50-day and 200-day moving averages of $13.82 and $15.39, respectively. Moreover, shares of Stillwater Mining Co. have an RSI of 49.02. The complete research on SWC is available for free at:
http://get.Investor-Edge.com/pdf/?c=Stillwater%20Mining&d=26-Mar-2015&s=SWC
Paramount Gold and Silver Corp.'s stock lost 3.57%, to close the day at $1.08. The stock recorded a trading volume of 0.76 million shares, below its three months average volume of 0.93 million shares. The stock oscillated between $1.06 and $1.13 during the session. Over the last three trading sessions and over the past three months, Paramount Gold and Silver Corp.'s shares have gained 4.85% and 8.00%, respectively. However, the stock has lost 18.80% in the previous year. The company is trading above its 200-day moving average of $0.97, while the 200-day moving average is below Paramount Gold and Silver Corp.'s 50-day moving average of $1.20. Additionally, the stock has an RSI of 51.68. Free in depth research on PZG is available at:
http://get.Investor-Edge.com/pdf/?c=Paramount%20Gold%20and%20Silver&d=26-Mar-2015&s=PZG
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