Industrial Metals and Minerals Stocks Technical Review -- Turquoise Hill Resources, Arch Coal, Teck Resources, BHP Billiton, and Denison Mines
Jul 17, 2015, 09:15 ET
NEW YORK, July 17, 2015 /PRNewswire/ --
Equity Research Institute has initiated coverage on the following equities: Turquoise Hill Resources Ltd (NYSE: TRQ), Arch Coal Inc. (NYSE: ACI), Teck Resources Ltd (NYSE: TCK), BHP Billiton PLC (NYSE: BBL), and Denison Mines Corporation (AMEX: DNN). Free research report on Turquoise Hill Resources Ltd can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=TRQ On Thursday, July 16, 2015, the NASDAQ Composite ended at 5,163.18, up 1.26%, the Dow Jones Industrial Average advanced 0.39%, to finish the day at 18,120.25, and the S&P 500 closed at 2,124.29, up 0.80%. The gains were broad based as eight out of nine sectors ended the session in positive. Register for your complimentary reports at the links given below.
On Thursday, shares in Turquoise Hill Resources Ltd ended the day flat at $3.52. The stock reported a trading volume of 3.08 million shares, below its three months average volume of 4.09 million shares. Shares of the company traded at a PE ratio of 27.08. Turquoise Hill Resources Ltd's shares have declined 12.66% in the last one month and 13.09% in the previous three months. However, the stock has surged 13.55% on YTD basis. The company is trading 1.17% above its 200-day moving average. Moreover, shares of Turquoise Hill Resources Ltd have a Relative Strength Index (RSI) of 22.74. Sign up and read the free notes on TRQ at:
https://www.EquityResearchInstitute.com/reports?keyword=TRQ
Arch Coal Inc.'s stock declined 4.84%, to close the day at $0.29. The stock recorded a trading volume of 6.65 million shares, above its three months average volume of 5.76 million shares. Over the last one month and over the past three months, Arch Coal Inc.'s shares have lost 26.25% and 72.17%, respectively. Furthermore, the stock has plummeted 83.43% since the start of this year. The company's shares are trading 45.37% below their 50-day moving average and 76.82% below their 200-day moving average. Additionally, Arch Coal Inc. has an RSI of 30.65. The complimentary notes on ACI can be downloaded in PDF format at:
https://www.EquityResearchInstitute.com/reports?keyword=ACI
On Thursday, shares in Teck Resources Ltd recorded a trading volume of 2.82 million shares, lower than their three months average volume of 4.78 million shares. The stock ended the day 2.37% lower at $9.05. Shares of the company traded at a PE ratio of 18.10. Teck Resources Ltd's stock has lost 17.28% in the last one month, 33.45% in the previous three months and 32.96% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 22.06% and 33.68%, respectively. Furthermore, shares of Teck Resources Ltd have an RSI of 31.61. Register for free on Equity Research Institute and access the latest research on TCK at:
https://www.EquityResearchInstitute.com/reports?keyword=TCK
BHP Billiton PLC's stock gained 1.54%, to close Thursday's session at $38.92. The stock recorded a trading volume of 0.71 million shares, below its three months average volume of 0.78 million shares. Over the last one month and the previous three months, BHP Billiton PLC's shares have declined 5.76% and 11.67%, respectively. Additionally, the stock has lost 6.90% since the start of this year. The company is trading 8.48% and 14.07% below its 50-day and 200-day moving averages, respectively. Furthermore, BHP Billiton PLC's stock traded at a PE ratio of 10.41 and has an RSI of 42.27. The complete research on BBL is available for free at:
https://www.EquityResearchInstitute.com/reports?keyword=BBL
Denison Mines Corp.'s stock finished Thursday's session 2.73% higher at $0.61. A total of 0.39 million shares were traded, which was below its three months average volume of 0.65 million shares. Over the last one month and the previous three months, Denison Mines Corp.'s shares have lost 24.80% and 27.71%, respectively. Additionally, the stock has plummeted 34.83% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 24.21% and 33.04%, respectively. Denison Mines Corp.'s stock has an RSI of 17.99. Free in-depth research on DNN is available at:
https://www.EquityResearchInstitute.com/reports?keyword=DNN
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