Technical Reports on Basic Materials Equities -- Agnico Eagle Mines, Timmins Gold, Sibanye Gold, and Ferroglobe

NEW YORK, November 23, 2016 /PRNewswire/ --

A bounce in the Basic Materials sector brought its year-to-date performance above the market, prompting Charles Schwab to reiterate its "Market Perform" rating on the sector on November 10th, 2016. According to the research firm, positive factors for the sector include increased demand for raw materials in developing countries, a more accommodative monetary policy in the developed world, and easing fiscal restraint measures. Pre-market, Stock-Callers.com turns investors' attention to four equities to see where they stand in the market today: Agnico Eagle Mines Ltd (NYSE: AEM), Timmins Gold Corp. (NYSE MKT: TGD), Sibanye Gold Ltd (NYSE: SBGL), and Ferroglobe PLC (NASDAQ: GSM). Today's research reports on the aforementioned stocks are downloadable for free upon registration at:

http://stock-callers.com/registration

Agnico Eagle Mines  

Toronto, Canada headquartered Agnico Eagle Mines Ltd's stock finished Tuesday's session at $42.74, which was a decline of 1.04%. A total volume of 1.41 million shares was traded. Since the start of this year, the Company's shares have surged 63.60%. The stock is trading below its 200-day moving average by 9.04%. Moreover, shares of Agnico Eagle Mines, which engages in the exploration, development, and production of mineral properties in Canada, Finland, and Mexico, have a Relative Strength Index (RSI) of 34.74.

On October 25th, 2016, research firm Raymond James upgraded the Company's stock rating from 'Market Perform' to 'Outperform'.

On October 26th, 2016, the company reported Q3 2016 net income of $49.4 million, or net income of $0.22 per share. In Q3 2015, the Company reported net income of $1.3 million, or $0.01 per share. For Q3 2016, cash provided by operating activities was $282.9 million compared to cash provided by operating activities of $143.7 million in Q3 2015. Visit us today and access our complete research report on AEM at:

http://stock-callers.com/registration/?symbol=AEM

Timmins Gold  

Shares in Vancouver, Canada headquartered Timmins Gold Corp. ended yesterday's session 4.20% higher at $0.37 with a total trading volume of 626,537 shares. The stock has soared 168.12% on an YTD basis. Shares of the Company, which through its subsidiaries, engages in the acquisition, exploration, development, and operation of mineral resource properties in Mexico, are trading 3.46% below their 200-day moving average. Moreover, Timmins Gold's stock has an RSI of 36.84.

On November 02nd, 2016, Timmins Gold reported that Metal revenues were $31.2 million for Q3 2016 compared to $26.6 million during Q3 2015. The primary factor for the increase was a jump in the average realized gold price of $1,338 per ounce compared to $1,137 per ounce during Q3 2015.  Earnings from operations were $29.9 million in Q3 2016 compared to a loss of $230.2 million during Q3 2015. Earnings and total comprehensive income were $29.7 million, or $0.09 per share, in Q3 2016 compared to loss and total comprehensive loss of $180.7 million, or $0.63 per share, during Q3 2015. The complimentary report on TGD can be downloaded at:

http://stock-callers.com/registration/?symbol=TGD

Sibanye Gold  

On Tuesday, Westonaria, South Africa-based Sibanye Gold Ltd's stock dropped 3.27%, to close the day at $9.18. A total volume of 2.07 million shares was traded, which was above their three months average volume of 1.41 million shares. The Company's shares have advanced 56.02% on an YTD basis. The stock is trading 23.65% below its 50-day moving average. Additionally, shares of Sibanye Gold, which owns and operates underground and surface gold operations in South Africa, have an RSI of 31.45. Register for free on Stock-Callers.com and access the latest research report on SBGL at:

http://stock-callers.com/registration/?symbol=SBGL

Ferroglobe  

Shares in London, the UK headquartered Ferroglobe PLC ended the day 2.81% higher at $11.70 with a total trading volume of 400,545 shares. The stock has gained 29.28% in the last one month, 18.29% in the previous three months, and 12.11% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 26.04% and 31.26%, respectively. Furthermore, shares of Ferroglobe, which operates in the silicon and specialty metals industry in the US, Europe, and internationally, have an RSI of 73.24.

On November 13th, 2016, Ferroglobe posted a net loss of $(28.5) million, or $(0.17) per share on a fully diluted basis for Q3 2016. Ferroglobe reported an EBITDA loss of $(3.2) million for Q3 2016 due to an inventory impairment charge of $4.3 million in Venezuela and China, and a further $9.0 million impairment charge of the company's mining assets in South Africa. The company's net sales in Q3 2016 totaled $365.0 million, down from $398.0 million in Q2 2016. In Q3 2016, Ferroglobe's average selling price for silicon metal declined by 6% sequentially, primarily due to pressure from low-priced imports.

On November 15th, 2016, research firm JP Morgan downgraded the Company's stock rating from 'Overweight' to 'Neutral'. Get free access to your research report on GSM at:

http://stock-callers.com/registration/?symbol=GSM

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are 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 whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do 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. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number:  +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA