Technical Coverage of Materials Sector Stocks -- Research on Cia de Minas Buenaventura, Timberline Resources, Yamana Gold, and AngloGold Ashanti

LONDON, May 29, 2014 /PRNewswire/ --

On Wednesday, May 28, 2014, the NASDAQ Composite ended at 4,225.08, down 0.28%, the Dow Jones Industrial Average edged 0.25% lower, to finish the day at 16,633.18, and the S&P 500 closed at 1,909.78, down 0.11%. During the session, Information Technology, Health Care, and Financials sectors ended in negative, while some positive momentum were observed in the Utilities, Telecommunication Services, and Industrials sectors. The S&P 500 Materials Sector Index ended the day at 305.91, up 0.04%, with the index advancing 3.39% in the last one month. Investor-Edge has initiated coverage on the following equities: Cia de Minas Buenaventura S.A.A. (NYSE: BVN), Timberline Resources Corp. (NYSE MKT: TLR), Yamana Gold Inc. (NYSE: AUY) and AngloGold Ashanti Ltd (NYSE: AU). Free technical research on BVN, TLR, AUY and AU can be downloaded upon signing up at:

http://www.investor-edge.com/3162-register

On Wednesday, shares in Cia de Minas Buenaventura S.A.A. recorded a trading volume of 1.86 million shares, close to its three months average volume of 1.84 million shares. The stock ended the day at $10.30, which was 2.74% below its previous day's closing of $10.59, and registered an intraday range of $10.16 and $10.62. Cia de Minas Buenaventura S.A.A.'s stock has lost 4.36% in the previous three trading sessions, 19.91% in the last one month, and 8.20% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $12.24 and $12.41, respectively. Furthermore, shares of Cia de Minas Buenaventura S.A.A. have a Relative Strength Index (RSI) of 27.23. Sign up today to read free research on BVN at:

http://www.investor-edge.com/3162-BVN-29May2014.pdf

Shares in Timberline Resources Corp. finished the Wednesday's session 27.78% higher at $0.14. A total of 0.18 million shares were traded, which was below its three months average volume of 0.22 million shares. The stock vacillated between $0.11 and $0.14 during the session. Over the previous three trading sessions, Timberline Resources Corp.'s shares have surged 15.97%. However, the stock has declined 14.29% in the last one month and 21.23% since the beginning of 2014. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $0.18 is greater than its 50-day moving average of $0.15. Timberline Resources Corp.'s stock has an RSI of 34.13. Sign up today to read free research on TLR at:

http://www.investor-edge.com/3162-TLR-29May2014.pdf

On Wednesday, shares in Yamana Gold Inc. fluctuated between $7.05 and $7.24 before ending the session 1.79% lower at $7.12. The stock reported a trading volume of 6.24 million shares, below its three months average volume of 7.44 million shares. Yamana Gold Inc.'s shares have lost 5.82% in the previous three trading sessions, 4.04% in the last one month, and 17.40% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $8.15 and $9.41, respectively. Moreover, shares of Yamana Gold Inc. have an RSI of 35.93. Sign up today to read free research on AUY at:

http://www.investor-edge.com/3162-AUY-29May2014.pdf

AngloGold Ashanti Ltd's stock fell 2.09% to close the day at $15.46. The stock recorded a trading volume of 2.66 million shares, below its three months average volume of 2.77 million shares. The stock oscillated between $15.33 and $15.71 during the session. Over the last three trading sessions and over the past one month, AngloGold Ashanti Ltd's shares have declined 9.17% and 15.75%, respectively. However, the stock has gained an upside of 31.91% since the start of this year. The stock is trading above its 200-day moving average of $15.09, while the 200-day moving average is below AngloGold Ashanti Ltd's 50-day moving average of $17.63. Additionally, the stock has an RSI of 26.96. Sign up today to read free research on AU at:

http://www.investor-edge.com/3162-AU-29May2014.pdf

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EDITOR'S NOTES:
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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.

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