Technical Scrutiny: Silver Wheaton, New Gold, BHP Billiton, Agnico-Eagle Mines, and Cameco
LONDON, June 25, 2013 /PRNewswire/ --
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The U.S. equity market fell sharply on Monday, June 24, 2013, as ongoing concerns over the Federal Reserve's bond buying program and reports of a possible liquidity crisis in China weighed down investors' sentiment. Market sentiment was also weighed down after Goldman Sachs lowered China's growth outlook. The S&P 500 fell 1.21% on Monday. The major movers in the Basic Materials sector included Silver Wheaton Corp. (USA) (NYSE: SLW), New Gold Inc. (USA) (AMEX: NGD), BHP Billiton Limited (ADR) (NYSE: BHP), Agnico Eagle Mines Ltd. (USA) (NYSE: AEM), and Cameco Corporation (USA) (NYSE: CCJ). AAAResearchReports.com tracked SLW, NGD, BHP, AEM, and CCJ. These free reports can be seen for free at
http://www.aaaresearchreports.com/register/
Shares in Silver Wheaton Corp. tumbled on Monday, extending their losses from previous trading sessions. The company's shares hit a 52-week low of $18.88 before finishing the day 5.79% lower at $19.19. A total of 9.15 million shares were traded which is well above the daily average volume of 5.09 million. The company's shares have declined by 13.60% in the last three market sessions. Download free research on SLW by signing up now at:
http://www.AAAResearchReports.com/SLW062513.pdf
New Gold Inc.'s shares hit an intraday low of $5.81 before closing the day 3.16% lower at $5.82. A total of 5.50 million shares were traded which is above the daily average volume of 4.20 million. New Gold's shares have fallen 9.91% in the last three trading sessions. Register for today's free analysis on NGD at:
http://www.AAAResearchReports.com/NGD062513.pdf
Shares in BHP Billiton Limited also struggled on Monday, tracking losses in the broader market. The company's shares ended the day 2.61% lower at $57.38 after hitting a 52-week low of $56.58. A total of 2.92 million shares were traded which is above the daily average volume of 2.54 million. BHP Billiton's shares have fallen 5.72% in the last three trading sessions. A free report on BHP can be accessed by registering at:
http://www.AAAResearchReports.com/BHP062513.pdf
Agnico Eagle Mines Ltd's stock moved 2.75% lower on Monday, extending its losses from previous trading sessions. The company's shares closed the day at $26.14. A total of 2.12 million shares were traded which is above the daily average volume of 1.87 million. Moreover, the stock hit a 52-week low of $25.41 on Monday. Register with AAA Research Reports and download research on AEM for free at:
http://www.AAAResearchReports.com/AEM062513.pdf
Shares in Cameco Corporation also moved lower on Monday, finishing at $20.30, down 1.17% from their previous closing price. The company's shares oscillated between $19.93 and $20.47. A total of 1.51 million shares were traded which is slightly above the daily average volume of 1.46 million. Cameco's shares have fallen 2.82% in the last three trading sessions. Read full free research on CCJ by signing up to AAA Research Reports at
http://www.AAAResearchReports.com/CCJ062513.pdf
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SOURCE AAA Research Reports
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