Technical Coverage of Materials Sector Stocks -- Research on Cia de Minas Buenaventura, Timberline Resources, Yamana Gold, and AngloGold Ashanti Editor Note: For more information about this release, please scroll to bottom.
LONDON, May 29, 2014 /PRNewswire/ --
On Wednesday, May 28, 2014, the NASDAQ Composite ended at 4,225.08, down 0.28%, the Dow Jones Industrial Average edged 0.25% lower, to finish the day at 16,633.18, and the S&P 500 closed at 1,909.78, down 0.11%. During the session, Information Technology, Health Care, and Financials sectors ended in negative, while some positive momentum were observed in the Utilities, Telecommunication Services, and Industrials sectors. The S&P 500 Materials Sector Index ended the day at 305.91, up 0.04%, with the index advancing 3.39% in the last one month. Investor-Edge has initiated coverage on the following equities: Cia de Minas Buenaventura S.A.A. (NYSE: BVN), Timberline Resources Corp. (NYSE MKT: TLR), Yamana Gold Inc. (NYSE: AUY) and AngloGold Ashanti Ltd (NYSE: AU). Free technical research on BVN, TLR, AUY and AU can be downloaded upon signing up at:
On Wednesday, shares in Cia de Minas Buenaventura S.A.A. recorded a trading volume of 1.86 million shares, close to its three months average volume of 1.84 million shares. The stock ended the day at $10.30, which was 2.74% below its previous day's closing of $10.59, and registered an intraday range of $10.16 and $10.62. Cia de Minas Buenaventura S.A.A.'s stock has lost 4.36% in the previous three trading sessions, 19.91% in the last one month, and 8.20% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $12.24 and $12.41, respectively. Furthermore, shares of Cia de Minas Buenaventura S.A.A. have a Relative Strength Index (RSI) of 27.23. Sign up today to read free research on BVN at:
Shares in Timberline Resources Corp. finished the Wednesday's session 27.78% higher at $0.14. A total of 0.18 million shares were traded, which was below its three months average volume of 0.22 million shares. The stock vacillated between $0.11 and $0.14 during the session. Over the previous three trading sessions, Timberline Resources Corp.'s shares have surged 15.97%. However, the stock has declined 14.29% in the last one month and 21.23% since the beginning of 2014. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $0.18 is greater than its 50-day moving average of $0.15. Timberline Resources Corp.'s stock has an RSI of 34.13. Sign up today to read free research on TLR at:
On Wednesday, shares in Yamana Gold Inc. fluctuated between $7.05 and $7.24 before ending the session 1.79% lower at $7.12. The stock reported a trading volume of 6.24 million shares, below its three months average volume of 7.44 million shares. Yamana Gold Inc.'s shares have lost 5.82% in the previous three trading sessions, 4.04% in the last one month, and 17.40% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $8.15 and $9.41, respectively. Moreover, shares of Yamana Gold Inc. have an RSI of 35.93. Sign up today to read free research on AUY at:
AngloGold Ashanti Ltd's stock fell 2.09% to close the day at $15.46. The stock recorded a trading volume of 2.66 million shares, below its three months average volume of 2.77 million shares. The stock oscillated between $15.33 and $15.71 during the session. Over the last three trading sessions and over the past one month, AngloGold Ashanti Ltd's shares have declined 9.17% and 15.75%, respectively. However, the stock has gained an upside of 31.91% since the start of this year. The stock is trading above its 200-day moving average of $15.09, while the 200-day moving average is below AngloGold Ashanti Ltd's 50-day moving average of $17.63. Additionally, the stock has an RSI of 26.96. Sign up today to read free research on AU at:
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