Today's Technical View: Vale S.A., Alpha Natural Resources, Molycorp, and Arch Coal
LONDON, July 25, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Shares in industrial metals & minerals companies also ended mostly lower on Wednesday, July 24, 2013, tracking the broader market which also closed in the red. The major movers in the industry included Vale S.A. (ADR) (NYSE: VALE), Alpha Natural Resources Inc. (NYSE: ANR), Molycorp Inc. (NYSE: MCP), and Arch Coal Inc. (NYSE: ACI). All these companies are tracked by AAAResearchReports.com. Free in-depth technical analysis on VALE, ANR, MCP, and ACI are currently available upon sign up at:
Shares in Vale S.A. fell sharply on Wednesday, reversing some of their gains for the week. The company's shares fluctuated between $14.10 and $14.43 before finishing the day 1.59% lower at $14.23. A total of 18.78 million shares were traded which is slightly above the daily average volume of 18.61 million. Vale's shares have gained 2.97% so far this week as compared to a loss of 0.36% in the S&P 500. Sign up for free technical analysis on VALE at:
Alpha Natural Resources Inc.'s stock tumbled on Wednesday, ending the session at $5.51, down 6.29% from its previous closing price. The company's shares fluctuated between $5.37 and $5.85. A total of 14.85 million shares were traded which is above the daily average volume of 10.99 million. Despite Wednesday's sharp decline, Alpha Natural Resources' shares have gained 9.11% in the last one month as compared to a gain of 7.17% in the S&P 500. Download free report on ANR by registering at:
Shares in Molycorp Inc. plunged on Wednesday, finishing 6.57% lower at $7.39 after oscillating between $7.30 and $8.02. A total of 12.10 million shares were traded which is above the daily average volume of 6.34 million. Despite Wednesday's sharp decline, Molycorp's shares have gained 6.03% so far this week and 43.77% in the last one month, thus outperforming the S&P 500 during the respective periods. Moreover, the stock is currently trading above its 50-day moving average. The free report on MCP can be downloaded by signing up now at:
Arch Coal Inc.'s shares oscillated between $3.87 and $4.17 before closing the day 7.14% lower at $3.90. A total of 13.42 million shares were traded which is above the daily average volume of 10.14 million. The Company's shares have declined 3.47% in the last three trading sessions, underperforming the S&P 500. Despite the recent losses, the company's shares have managed to advance 6.85% in the last one month as compared to a gain of 7.17% in the S&P 500. A free report on ACI can be accessed by registering at:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is 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 by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does 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.
SOURCE AAA Research Reports