Pre-Market Analysis: Turquoise Hill Resources Ltd, Rio Tinto PLC, U.S. Silica Holdings Inc., and Cloud Peak Energy Inc.
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LONDON, November 21, 2013 /PRNewswire/ --
On Wednesday, November 20, 2013, all three benchmark indexes of the US equity market posted losses, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite falling by 0.36%, 0.41%, and 0.26%, respectively. Shares in the industrial metals and minerals industry mostly ended on a higher note, even as the broader market posted losses. The major movers in the industry included Turquoise Hill Resources Ltd (NYSE: TRQ), Rio Tinto PLC (NYSE: RIO), U.S. Silica Holdings Inc. (NYSE: SLCA), and Cloud Peak Energy Inc. (NYSE: CLD). All these companies are tracked by AAAResearchReports.com. Free technical research on TRQ, RIO, SLCA, and CLD can be downloaded upon signing up at:
http://www.aaaresearchreports.com/register/
Shares in Turquoise Hill Resources Ltd surged on Wednesday, even as the broader market posted losses. The company's shares ended the day 3.01% higher at $4.45, after trading between $4.32 and $4.62. A total of 8.11 million shares were traded, which is above the daily average volume of 2.70 million. The company's shares have gained 8.27% in the previous three trading sessions, outperforming the S&P 500, which has fallen by 0.93% during the same period. However, Turquoise Hill Resources Ltd's stock is trading below its 50-day and 200-day moving averages of $4.59 and $5.76, respectively. Sign up and read the complimentary report on TRQ at:
http://www.AAAResearchReports.com/TRQ112113.pdf
On Wednesday, Rio Tinto PLC's stock ended the day at $52.75, which is 0.96% higher than the previous day's closing price of $52.25. The company's shares oscillated between $52.53 and $53.61 during the trading session. A total of 2.01 million shares were traded, which is below the daily average volume of 2.57 million. The company's shares have gained 1.70% in the last one month and 10.52% in the previous three months, compared to a gain of 2.11% and 7.81% in the S&P 500 during the respective periods. Additionally, Rio Tinto PLC's stock is trading above its 50-day and 200-day moving averages of $50.82 and $47.82, respectively. The free report on RIO can be downloaded by signing up now at:
http://www.AAAResearchReports.com/RIO112113.pdf
Shares in U.S. Silica Holdings Inc. fluctuated between $31.86 and $32.77 before ending Wednesday's session 1.07% higher at $32.25. A total of 1.15 million shares were traded, which is below the daily average volume of 1.53 million. The company's shares have gained 43.52% in the previous three months, outperforming the S&P 500, which has advanced 7.81% during the same period. Furthermore, U.S. Silica Holdings Inc.'s stock is trading above its 50-day and 200-day moving averages of $30.18 and $24.14, respectively. A free report on SLCA can be accessed by registering at:
http://www.AAAResearchReports.com/SLCA112113.pdf
On Wednesday, shares in Cloud Peak Energy Inc. closed at $16.08, down 0.74% from the previous day's closing price of $16.20. The company's shares vacillated between $15.90 and $16.39 during the trading session. A total of 0.70 million shares were traded, which is below the daily average volume of 0.77 million. Despite Wednesday's losses, the company's shares have gained 4.76% in the last one month and 2.36% in the previous three months, compared to a gain of 2.11% and 7.81% in the S&P 500 during the respective periods. Moreover, Cloud Peak Energy Inc.'s stock is trading above its 50-day moving average of $15.39. Register with AAA Research Reports and download research on CLD for free at:
http://www.AAAResearchReports.com/CLD112113.pdf
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