How These Basic Materials Stocks are Faring? -- Freeport-McMoRan, Great Panther Silver, Southern Copper, and Nevsun Resources

NEW YORK, May 5, 2017 /PRNewswire/ --

On Thursday, May 04, 2017, the NASDAQ Composite, and the S&P 500 edged higher at the closing bell, while the Dow Jones Industrial Average stayed bearish, finishing marginally lower by 0.03%. Five out of nine sectors ended Thursday's trading session in bullish territories. Taking into consideration yesterday's market sentiment, Stock-Callers.com assessed the following Basic Materials equities this morning: Freeport-McMoRan Inc. (NYSE: FCX), Great Panther Silver Ltd (NYSE MKT: GPL), Southern Copper Corporation (NYSE: SCCO), and Nevsun Resources Ltd (NYSE MKT: NSU). Download the free research reports on these stocks today:

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Freeport-McMoRan  

Phoenix, Arizona headquartered Freeport-McMoRan Inc.'s stock finished Thursday's session 2.83% lower at $11.68 with a total volume of 33.46 million shares traded. The Company's shares are trading below its 50-day and 200-day moving averages by 9.57% and 9.65%, respectively. Shares of Freeport-McMoRan, which engages in the mining of mineral properties in the US, Indonesia, Peru, and Chile, have a Relative Strength Index (RSI) of 36.73.

On May 01st, 2017, research firm FBR & Co. reiterated its 'Market Perform' rating on the Company's stock with a decrease of the target price from $13 a share to $12 a share. See our free and comprehensive research report on FCX at:

http://stock-callers.com/registration/?symbol=FCX


Great Panther Silver  

Vancouver, Canada headquartered Great Panther Silver Ltd's stock fell 4.96%, to close the day at $1.15. The stock recorded a trading volume of 1.73 million shares. The Company's shares are trading 29.20% and 24.65% below its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which engages in the mining of mineral properties in Mexico, have an RSI of 27.96. GPL free research report PDF is just a click away at:

http://stock-callers.com/registration/?symbol=GPL

Southern Copper  

On Thursday, shares in Phoenix, Arizona-based Southern Copper Corp. ended the session 2.57% lower at $33.01 with a total volume of 1.75 million shares traded. Southern Copper's shares have gained 16.72% in the past one year. Shares of the Company, which engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Chile, and Ecuador, are trading at a PE ratio of 32.88. The stock is trading 4.35% above its 200-day moving average. Moreover, the stock has an RSI of 26.99. Sign up for your complimentary report on SCCO at:

http://stock-callers.com/registration/?symbol=SCCO


Nevsun Resources  

On Thursday, shares in Vancouver, Canada headquartered Nevsun Resources Ltd recorded a trading volume of 2.39 million shares, which was higher than their three months average volume of 1.02 million shares. The stock ended the day 5.31% lower at $2.14. Shares of the Company are trading at a PE ratio of 33.44. Nevsun Resources' stock is trading below its 50-day and 200-day moving averages by 13.75% and 26.57%, respectively. Furthermore, shares of Nevsun Resources, which engages in the acquisition, exploration, development, and operation of mineral properties in Africa, have an RSI of 34.09. Register for free on Stock-Callers.com and download the latest research report on NSU at:

http://stock-callers.com/registration/?symbol=NSU

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