Mining Stocks Under Review -- Vale, Cliffs Natural Resources, Teck Resources, and Rio Tinto

Aug 04, 2016, 07:30 ET from Chelmsford Park SA

NEW YORK, August 4, 2016 /PRNewswire/ --

This morning's focus is on the Industrial Metals and Minerals space, and how rising demand, slowing supply, and strong Chinese imports are pushing prices up. The industry outlook is positive as the S&P GSCI Industrial Metals index has risen 8.99% Y-T-D. reviews the following equities and sees where they stand in the market today: Vale S.A. (NYSE: VALE), Cliffs Natural Resources Inc. (NYSE: CLF), Teck Resources Ltd (NYSE: TCK), and Rio Tinto PLC (NYSE: RIO). Learn more about these stocks by downloading their free research reports in PDF format at:


Rio de Janeiro, Brazil headquartered Vale S.A.'s stock finished Wednesday's session 4.51% higher at $5.79. A total volume of 35.99 million shares was traded, which was above their three months average volume of 28.10 million shares. The Company's shares have advanced 17.92% in the past month, 19.14% in the previous three months, and 75.99% since the start of this year. The stock is trading 19.65% above its 50-day moving average and 43.36% above its 200-day moving average. Additionally, shares of Vale, which together with its subsidiaries, engages in the research, production, and sale of iron ore and pellets, nickel, fertilizer, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally, have a Relative Strength Index (RSI) of 63.05.

On July 28th, 2016, Vale reported that net revenues totaled US$6.626 billion in Q2 2016, increasing US$ 907 million versus Q1 2016. The company's net income totaled US$1.106 billion in Q2 2016 versus US$1.776 billion in Q1 2016, decreasing US$670 million mostly as a result of a US$1.038 billion Samarco related provision. Sign up and read the free research report on VALE at:

Cliffs Natural Resources  

On Wednesday, shares in Cleveland, Ohio headquartered Cliffs Natural Resources Inc. recorded a trading volume of 9.74 million shares. The stock ended the session 1.38% higher at $8.07. The Company's shares have advanced 44.36% in the last one month, 90.33% in the previous three months, and 410.76% on an YTD basis. The stock is trading 41.48% above its 50-day moving average and 140.34% above its 200-day moving average. Moreover, shares of Cliffs Natural Resources, which produces and supplies iron ore, have an RSI of 70.66.

Yesterday, research firm Cowen reiterated its 'Market Perform' rating on the Company's stock with an increase of the target price to $9 a share from $6 a share.

On July 28th, 2016, Cliffs Natural Resources reported that Q2 FY16 consolidated revenues of $496 million were relatively flat compared to the prior year's Q2 revenues of $498 million. For Q2 FY16, the Company recorded net income from continuing operations of $30 million compared to a net loss from continuing operations of $38 million recorded in the prior-year quarter. The complimentary research report on CLF can be downloaded at:

Teck Resources  

Shares in Vancouver, Canada-based Teck Resources Ltd closed the day 1.90% higher at $15.58. The stock recorded a trading volume of 5.56 million shares. The Company's shares have gained 17.14% in the last month, 46.24% over the previous three months, and 305.01% on an YTD basis. The stock is trading 24.61% and 101.84% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Teck Resources, which explores, develops, and produces natural resources in the Americas, the Asia Pacific, and Europe, have an RSI of 65.18.

On July 28th, 2016, Teck Resources reported profit attributable to shareholders of $15 million ($0.03 per share) in Q2 2016 compared with $63 million ($0.11 per share) a year ago. Adjusted profit attributable to shareholders was $3 million, or $0.01 per share, in Q2 FY16 compared to $79 million, or $0.14 per share, in Q2 FY15.

On August 01st, 2016, research firm Goldman downgraded the Company's stock rating from 'Buy' to 'Neutral'. Register for free on and access the latest report on TCK at:

Rio Tinto  

At the close, shares in London, the U.K. headquartered Rio Tinto PLC ended at $33.02, climbing 0.70%. The stock recorded a trading volume of 3.62 million shares. The Company's shares have advanced 8.26% in the last one month, 8.09% in the previous three months, and 17.91% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 8.88% and 12.10%, respectively. Furthermore, shares of Rio Tinto, which finds, mines, and processes mineral resources, have an RSI of 59.17.

On July 19th, 2016, Bloomberg reported that Rio Tinto Group's second-quarter iron ore production rose, a weaker-than-expected 7%. Total output rose to 85.3 million metric tons in the three months to June 30, 2016, compared to 79.7 million tons a year earlier.

On July 20th, 2016, research firm Societe Generale downgraded the Company's stock rating from 'Buy' to 'Hold'. Get free access to your research report on RIO at:


Stock Callers: 

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. 


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 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. 


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

CONTACT 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: Email: 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