Subject: INO
Pre-Market Technical Pulse on Metals & Minerals Stocks -- Cleveland-Cliffs, Teck Resources, US Silica, and Vale
NEW YORK, October 4, 2017 /PRNewswire/ --
If you want a Stock Review on CLF, TECK, SLCA, or VALE then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. DailyStockTracker.com observes the following equities this morning: Cleveland-Cliffs Inc. (NYSE: CLF), Teck Resources Ltd (NYSE: TECK), US Silica Holdings Inc. (NYSE: SLCA), and Vale S.A. (NYSE: VALE). These companies operate in the Industrial Metals and Minerals industry, which is dedicated to the location and extraction of metal and mineral reserves around the world. Global reserves of metals and minerals are mined for profit and then used in jewelry making, industrial applications, and investments. Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at:
http://dailystocktracker.com/register/
Cleveland-Cliffs
Ohio headquartered Cleveland-Cliffs Inc.'s stock finished Tuesday's session 0.14% higher at $7.40 with a total trading volume of 5.94 million shares. The Company's shares have advanced 7.56% in the previous three months. The stock is trading 1.78% below its 50-day moving average. Additionally, shares of Cleveland-Cliffs, which produces and supplies iron ore, have a Relative Strength Index (RSI) of 49.30.
On October 02nd, 2017, Cleveland-Cliffs announced that it has acquired United States Steel Corporation's 15% equity interest in the Tilden Mining Company for $105 million in cash. The Company previously owned an 85% interest in the joint venture and now has 100% ownership of the mine. The transaction closed on September 29th, 2017. CLF complete research report is just a click away at:
http://dailystocktracker.com/registration/?symbol=CLF
Teck Resources
On Tuesday, shares in Vancouver, Canada-based Teck Resources Ltd recorded a trading volume of 7.08 million shares, which was above their three months average volume of 4.67 million shares. The stock ended the session 3.55% higher at $22.43. The Company's shares have advanced 26.87% in the previous three months and 11.98% on an YTD basis. The stock is trading 6.48% above its 200-day moving average. Moreover, shares of Teck Resources, which explores, develops, and produces natural resources in the Americas, Asia/Pacific, and Europe, have an RSI of 52.09.
On September 26th, 2017, Teck Resources announced that it will release its Q3 2017 earnings results on October 26th, 2017, before market open. The Company will also hold an investor conference call at 11:00 a.m. ET that day to discuss the results. A live audio webcast of the conference call, together with supporting presentation slides, will be available on the Company's website. The complimentary report on TECK can be downloaded at:
http://dailystocktracker.com/registration/?symbol=TECK
US Silica Holdings
Frederick, Maryland headquartered US Silica Holdings Inc.'s shares closed the day 2.67% higher at $31.57. The stock recorded a trading volume of 6.08 million shares, which was higher than its three months average volume of 2.81 million shares. The Company's shares have gained 15.30% in the last month. The stock is trading 13.41% above its 50-day moving average. Additionally, shares of US Silica, which produces and sells commercial silica in the US, have an RSI of 60.39.
On September 27th, 2017, US Silica announced that it plans to build a second, state-of-the-art frac sand mine and plant in West Texas to serve the rapidly-growing Permian Basin. The new facility, located about 60 miles north of Midland near Lamesa, Texas, is expected to produce approximately 2.6 million tons annually, and is part of the Company's previously announced plan to add 8 to 10 million tons of new Brownfield and Greenfield capacity to meet surging frac sand demand. Sign up for your complimentary report on SLCA at:
http://dailystocktracker.com/registration/?symbol=SLCA
Vale
Shares in Rio de Janeiro, Brazil headquartered Vale S.A. finished 2.49% higher at $10.31. The stock recorded a trading volume of 37.11 million shares, which was higher than its three months average volume of 28.92 million shares. The Company's shares have advanced 17.96% in the previous three months and 39.76% on an YTD basis. The stock is trading above its 200-day moving average by 11.07%. 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 an RSI of 47.40.
On September 25th, 2017, research firm Morgan Stanley resumed its 'Equal-Weight' rating on the Company's stock. Download the research report for free on VALE at:
http://dailystocktracker.com/registration/?symbol=VALE
--
Daily Stock Tracker:
Daily Stock Tracker (DST) 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. DST 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.
DST has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
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 [email protected]. 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 DST. DST 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.
NO WARRANTY
DST, 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. DST, 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, DST, 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.
NOT AN OFFERING
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 DST 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
http://dailystocktracker.com/disclaimer/
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: [email protected]
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE dailystocktracker.com
These press releases may also interest you
|
News published on and distributed by:
