At the close on Monday, shares in Vancouver, Canada-based Teck Resources Ltd rose 2.33%, ending the day at $24.13. The stock recorded a trading volume of 4.26 million shares. The Company's shares have advanced 12.08% in the last one month, 18.89% in the previous three months, and 20.47% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.59% and 46.15%, respectively. Moreover, shares of Teck Resources, which explores, develops, and produces natural resources in the Americas, Asia/ Pacific, and Europe, have a Relative Strength Index (RSI) of 60.21.
On January 23rd, 2017, Teck Resources announced that its President and CEO, Don Lindsay, will be speaking at the CIBC Whistler Institutional Investor Conference on January 26th, 2017 at 11:00 a.m. ET. The discussion may include information on company strategy, financial performance, and outlook for the Company's business units.
Yesterday, research firm FBR & Co. upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. Sign up and read the free research report on TECK at:
Shares in Chesterland, Ohio headquartered Fairmount Santrol Holdings Inc. ended the day 2.22% lower at $12.31 with a total trading volume of 1.91 million shares. The stock has gained 18.02% in the past month, 30.82% over the previous three months, and 4.41% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 21.14% and 61.84%, respectively. Furthermore, shares of Fairmount Santrol Holdings, which together with its subsidiaries, provides sand-based proppant solutions for exploration and production companies to enhance the productivity of their oil and gas wells, have an RSI of 65.75.
On January 09th, 2017, research firm Barclays upgraded the Company's stock rating from 'Equal Weight' to 'Overweight' while revising its previous target price from $10 a share to $15 a share.
On January 18th, 2017, Fairmount Santrol announced an extension to Propel SSP proppant transport technology, which increases hydraulic fracturing efficiency, for plays where operators face high produced water disposal costs and constraints on freshwater availability. The complimentary research report on FMSA can be downloaded at:
On Monday, shares in London, the UK headquartered Rio Tinto PLC finished 2.05% higher at $43.81 with a total trading volume of 2.80 million shares. The stock has advanced 12.10% in the last one month, 35.13% over the previous three months, and 13.91% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 10.99% and 31.83%, respectively. Additionally, shares of Rio Tinto, which finds, mines, and processes mineral resources, have an RSI of 72.29.
On January 17th, 2017, Rio Tinto announced that in 2016 Pilbara iron ore shipments were 327.6 million tonnes, 3% higher than 2015. The Company reported record bauxite production of 47.7 million tonnes for 2016, which exceeded full year guidance of 47 million tonnes. Rio Tinto's Mined copper production was 4% higher than 2015 at 523 thousand tonnes. Register for free on Stock-Callers.com and access the latest report on RIO at:
Saskatoon, Canada headquartered Cameco Corp.'s shares recorded a trading volume of 2.98 million shares at the end of yesterday's session. The stock closed the day 2.90% higher at $12.08. The Company's shares have advanced 13.48% in the last one month, 49.82% over the previous three months, and 15.38% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 18.40% and 19.77%, respectively. Additionally, shares of Cameco, which produces and sells uranium worldwide, have an RSI of 58.11.
On January 12th, 2017, research firm Bank of America/ Merrill upgraded the Company's stock rating from 'Underperform' to 'Neutral'.
On January 17th, 2017, Cameco announced that during 2016 it delivered 31.5 million pounds of uranium at an average realized price of $54.46 per pound. The Company expects to report an IFRS net loss for 2016 due in part to asset impairments resulting from fair market value assessments at year end. Cameco announced that its workforce at the McArthur River, Key Lake and Cigar Lake operations is expected to be reduced by approximately 10% to be completed by end of May 2017. Get free access to your research report on CCJ at:
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 firstname.lastname@example.org. 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.
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
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:
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