Metals & Mining Stocks Technical Report -- Research on Teck Resources, Molycorp, BHP Billiton, and Thompson Creek Metals

LONDON, April 10, 2014 /PRNewswire/ --

On Wednesday, April 09, 2014, the NASDAQ Composite ended at 4,183.90, up 1.72%, the Dow Jones Industrial Average finished 1.11% higher at 16,437.18, and the S&P 500 closed at 1,872.18, up 1.09%. The gains were broad based as eight out of ten sectors finished on a higher note. The S&P 500 Materials Sector Index advanced 1.52% to finish the day at 299.95, and the same has gained 0.46% in the previous three trading sessions. Investor-Edge has initiated coverage on the following equities: Teck Resources Ltd (NYSE: TCK), Molycorp Inc. (NYSE: MCP), BHP Billiton Ltd (NYSE: BHP) and Thompson Creek Metals Co. Inc. (NYSE: TC). Free technical research on TCK, MCP, BHP and TC can be downloaded upon signing up at:

http://www.investor-edge.com/1001-register

On Wednesday, shares in Teck Resources Ltd edged 0.85% lower to close the day at $23.27. The stock recorded a trading volume of 5.57 million shares as compared with its three months average volume of 2.37 million shares. The stock oscillated between $22.96 and $23.60 during the trading session. The company's shares traded at a PE ratio of 14.64. Teck Resources Ltd's shares have gained 4.63% in the previous three trading sessions and 5.77% in the last one month, while the same has declined 10.53% on YTD basis. The stock is trading above its 50-day moving average. Teck Resources Ltd's 200-day moving average of $24.58 is above its 50-day moving average of $22.57. Additionally, the stock has a Relative Strength Index (RSI) of 65.66. Sign up today to read free research on TCK at:

http://www.investor-edge.com/1001-TCK-10Apr2014.pdf

Molycorp Inc.'s shares finished the session 2.52% higher at an intra-day high of $4.89. A total of 2.78 million shares were traded, which is below its three months average volume of 5.15 million shares. The stock fluctuated between $4.75 and $4.89 during the session. Molycorp Inc.'s stock has advanced 2.30% in the previous three trading sessions, while the stock has fallen by 1.61% in the last one month and 12.99% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $5.01 and $5.69, respectively. Further, the stock has an RSI of 42.55. Sign up today to read free research on MCP at:

http://www.investor-edge.com/1001-MCP-10Apr2014.pdf

BHP Billiton Ltd's stock recorded a trading volume of 2.44 million shares, as compared with its three months average volume of 2.15 million shares. The stock ended the day at an intra-day high of $72.40, up 1.26%, after vacillating between $71.46 and $72.40. BHP Billiton Ltd's shares have gained 3.58% in the previous three trading sessions, 8.53% in the last one month and 6.16% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $66.93 and $66.24, respectively. Moreover, shares of the company have an RSI of 71.13. Sign up today to read free research on BHP at:

http://www.investor-edge.com/1001-BHP-10Apr2014.pdf

Shares in Thompson Creek Metals Co. Inc. reported a trading volume of 0.82 million shares, as compared with its three months average volume of 1.44 million shares. The stock ended the day at $2.45, up 4.26% and at an intraday range of $2.32 and $2.47. Thompson Creek Metals Co. Inc.'s shares have advanced 3.81% in the previous three trading sessions and 12.39% on YTD basis, while the stock has fallen by 7.20% in the last one month. The stock is trading below its 50-day and 200-day moving averages of $2.50 and $2.89, respectively. Furthermore, the stock has an RSI of 50.04. Sign up today to read free research on TC at:

http://www.investor-edge.com/1001-TC-10Apr2014.pdf

EDITOR'S NOTES:

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. 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.

4. 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 [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge 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
Investor-edge 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
Investor-edge 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 Investor-edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-edge 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.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Investor-Edge

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.