This Morning's Research Reports on Metals & Minerals Stocks -- Turquoise Hill Resources, US Silica, Vale, and Vedanta
NEW YORK, Feb. 05, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on TRQ, SLCA, VALE, and VEDL which can be accessed for free by signing up to www.wallstequities.com/registration. Pre-market today, WallStEquities.com monitors Turquoise Hill Resources Ltd (NYSE: TRQ), US Silica Holdings Inc. (NYSE: SLCA), Vale S.A. (NYSE: VALE), and Vedanta Ltd (NYSE: VEDL). These companies operate in the Industrial Metals and Minerals space, which lies at the heart of the global Construction and Manufacturing industries. For that reason alone, it is always going to be a cyclical industry, with prospects tied to economic growth. All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
Turquoise Hill Resources
Last Friday, shares in Vancouver, Canada headquartered Turquoise Hill Resources Ltd ended the session 3.29% lower at $2.94. The stock recorded a trading volume of 5.59 million shares, which was above its three months average volume of 2.62 million shares. The Company's shares are trading below their 200-day moving average by 2.62%. Furthermore, shares of the Company, which together with its subsidiaries, operates as a mining company, have a Relative Strength Index (RSI) of 30.16.
On January 22nd, 2018, Turquoise Hill Resources announced that the Oyu Tolgoi mine has completed the sinking of Shaft 2, including reaching final depth, shaft bottom mass excavation, and concrete floor installation, marking an early milestone in the development progress of Hugo North Lift 1. The fit out of Shaft 2 will take place throughout 2018. Get the full research report on TRQ for free by clicking below at: www.wallstequities.com/registration/?symbol=TRQ
US Silica Holdings
Frederick, Maryland headquartered US Silica Holdings Inc.'s stock finished 4.96% lower at $32.03 with a total trading volume of 2.11 million shares. The Company's shares have gained 6.59% in the previous three months. The stock is trading below its 200-day moving average by 2.76%. Moreover, shares of US Silica, which produces and sells commercial silica in the US, have an RSI of 34.07.
On January 17th, 2018, research firm R. F. Lafferty initiated a 'Buy' rating on the Company's stock, with a target price of $52 per share.
On January 29th, 2018, US Silica Holdings announced that it will release its Q4 and full-year 2017 financial results before the NYSE opens on February 21st, 2018. This release will be followed by a conference call at 9:00 a.m. ET to discuss the results. Hosting the call will be Bryan Shinn, President and CEO; and Don Merril, Executive Vice President and CFO. Download our actionable research report on SLCA at: www.wallstequities.com/registration/?symbol=SLCA
Vale
Shares in Rio de Janeiro, Brazil headquartered Vale S.A. closed the day 4.86% lower at $12.54. The stock recorded a trading volume of 32.37 million shares, which was above its three months average volume of 24.53 million shares. The Company's shares have gained 26.23% over the previous three months and 25.63% over the past year. The stock is trading above its 50-day and 200-day moving averages by 4.36% and 24.91%, respectively. Moreover, shares of Vale, which together with its subsidiaries, engages in the production and sale of iron ore and iron ore pallets for steelmaking in Brazil and internationally, have an RSI of 45.25.
On January 16th, 2018, research firm Deutsche Bank downgraded the Company's stock rating from 'Buy' to 'Hold' while revising its previous target price from $12 a share to $12.50 a share. Register for your free report coverage on VALE at: www.wallstequities.com/registration/?symbol=VALE
Vedanta
Panaji, India-based Vedanta Ltd's shares recorded a trading volume of 493,917 shares last Friday, which was above their three months average volume of 464,020 shares. The stock closed 5.46% lower at $20.27. The Company's shares have advanced 32.31% over the past year. The stock is trading 1.32% and 11.65% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Vedanta, which engages in exploring, extracting, and processing minerals, and oil and gas, have an RSI of 43.31.
On January 31st, 2018, Vedanta announced its unaudited consolidated results for Q3 ended December 31st, 2017. Financial highlights for the quarter included revenues of Rs. 24,361 crore; EBITDA of Rs. 6,780 crore; and attributable PAT of Rs 2,173 crore. Cash and liquid investments for Q3 2017 were Rs. 38,923 crore; and gross debt was at Rs. 55,218 crore on December 31st, 2017. Get the free research report on VEDL at: www.wallstequities.com/registration/?symbol=VEDL
--
Wall St. Equities:
Wall St. Equities (WSE) 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. WSE 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.
WSE 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 WSE. WSE 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
WSE, 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. WSE, 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, WSE, 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 WSE 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 https://wallstequities.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: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article