NEW YORK, May 2, 2017 /PRNewswire/ --
The Industrial Metals and Minerals space encompasses everything from resource extraction to primary and secondary processing of metals and minerals, and is driven by global infrastructure development, manufacturing output, and construction activity. Pre-market, Stock-Callers.com monitors: Vale S.A. (NYSE: VALE), Cliffs Natural Resources Inc. (NYSE: CLF), Northern Dynasty Minerals Ltd (NYSE MKT: NAK), and Tahoe Resources Inc. (NYSE: TAHO). Learn more about these stocks by downloading their free research reports in PDF format at:
On Monday, shares in Rio de Janeiro, Brazil headquartered Vale S.A. recorded a trading volume of 16.43 million shares. The stock ended the day at $8.68, rising 1.17% from the last trading session. The Company's shares have advanced 17.73% on an YTD basis. The stock is trading above its 200-day moving average by 15.26%. Furthermore, 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 a Relative Strength Index (RSI) of 46.56. Sign up and read the free research report on VALE at:
Cliffs Natural Resources
Cleveland, Ohio headquartered Cliffs Natural Resources Inc.'s stock saw a drop of 1.79%, finishing yesterday's session at $6.60 with a total trading volume of 17.68 million shares. The Company's shares are trading below their 200-day moving average by 16.05%. Shares of the Company, which produces and supplies iron ore, have an RSI of 30.34.
On April 27th, 2017, Cliffs Natural Resources reported Q1 2017 results for the period ended March 31st, 2017. The Company reported consolidated revenues of $462 million, cost of goods of $366 million, total debt of $1.6 billion, and adjusted EBITDA of $92 million. Net loss in Q1 2017 was $30 million, including a $72 million loss on extinguishment/restructuring of debt attributable to the liability management activities that reduced total debt by $550 million during the quarter.
On April 28th, 2017, research firm FBR & Co. upgraded the Company's stock rating from 'Market Perform' to 'Outperform' while revising its previous target price from $11 a share to $10 a share. The complimentary research report on CLF can be downloaded at:
Shares in Vancouver, Canada headquartered Northern Dynasty Minerals Ltd ended the session 1.87% lower at $1.57. The stock recorded a trading volume of 1.82 million shares. The Company's shares have gained 10.56% in the last one month. The stock is trading 7.49% above its 50-day moving average and 16.91% above its 200-day moving average. Moreover, shares of Northern Dynasty Minerals, which engages in the exploration and development of mineral properties in the US, have an RSI of 53.65.
On April 11th, 2017, the Company announced that its 100%-owned, US subsidiary, Pebble Limited Partnership ("Pebble Partnership"), has received notice of approval of a Miscellaneous Land Use Permit from the Alaska Department of Natural Resources for its ongoing activities at the Pebble Project in southwest Alaska. The Pebble Partnership is in the process of reviewing in detail the state land use permit received. Register for free on Stock-Callers.com and access the latest report on NAK at:
At the closing bell on Monday, Reno, Nevada headquartered Tahoe Resources Inc.'s stock dropped 3.85%, finishing at $7.75 with a total trading volume of 2.61 million shares. The Company's shares are trading 4.99% below their 50-day moving average. Shares of the Company, which together with its subsidiaries, explores, develops, and operates mines in the Americas, have an RSI of 38.30.
On April 05th, 2017, research firm Raymond James upgraded the Company's stock rating from 'Outperform' to 'Strong Buy'.
On April 19th, 2017, Tahoe Resources announced that it will hold its Annual General Meeting on Wednesday, May 03rd, 2017, at 9:00 a.m. PT at the Rosewood Hotel Georgia, located at 801 West Georgia Street, Vancouver, British Columbia. The Company also plans to release its financial and operating results for Q1 2017 after the market close on Tuesday, May 02nd, 2017. Get free access to your research report on TAHO at:
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