Coverage Initiated on Select Canadian Basic Materials’ Stocks Agnico Eagle Mines, Agrium, First Quantum Minerals, and Goldcorp

LONDON, UK / ACCESSWIRE / July 20, 2016 / Active Wall St. announces the list of stocks for today’s coverage. Pre-market the Active Wall St. team provides the technical notes impacting selected stocks trading on the Toronto Exchange and belonging under the Basic Materials sector. Companies recently under review include Agnico Eagle Mines, Agrium, First Quantum Minerals, and Goldcorp. Get all of our research notes free by signing up at: http://www.activewallst.com/register/.

On Tuesday, July 19, 2016, the TSX Composite Index edged 0.05% lower, to finish at 14,524.61. Active Wall St. has initiated coverage on the following equities: Agnico Eagle Mines Ltd (TSX: AEM), Agrium Inc. (TSX: AGU), First Quantum Minerals Ltd (TSX: FM), and Goldcorp Inc. (TSX: G). Register with us now for your free membership and more at: http://www.activewallst.com/register/.

Agnico Eagle Mines Ltd (TSX: AEM)

Toronto, Canada headquartered Agnico Eagle Mines Ltd’s stock finished Tuesday’s session flat at $72.58 with a total volume of 564,044 shares traded. Over the last one month and the previous three months, Agnico Eagle Mines L td’s shares have surged 12.30% and 40.63%, respectively. Further, the Company’s stock has rallied 140.49% in the past one year. The Company’s shares are trading above its 50-day and 200-day moving averages. Agnico Eagle Mines Ltd’s 50-day moving average of $67.32 is above its 200-day moving average of $53.48. Shares of Agnico Eagle Mines Ltd, which engages in the exploration, development, and production of mineral properties in Canada, Finland, and Mexico, traded at a PE ratio of 665.87. See our notes on AEM.TO at: http://www.activewallst.com/registration-3/?symbol=AEM.

Agrium Inc. (TSX: AGU)

Calgary, Canada headquartered Agrium Inc.’s stock declined 1.99%, to close the day at $122.50. The stock recorded a trading volume of 328,182 shares, which was above its three months average volume of 308,190 shares. Shares of Agrium, which produces, markets, and distributes crop nutrients, crop protection products, seeds, and merchandise products primarily in the United States, Canada, Australia, and South America, have advanced 0.72% in the last one month and 11.33% in the past three months. However, the stock has lost 9.84% in the previous one year. The company’s shares are trading above their 50-day and 200-day moving averages. Moreover, the stock’s 50-day moving average of $119.60 is greater than its 200-day moving average of $116.85. Additionally, the stock traded at a PE ratio of 17.60. The complimentary notes on AGU.TO can be accessed at: http://www.activewallst.com/registration-3/?symbol=AGU.

First Quantum Minerals (TSX: FM)

On Tuesday, shares in Vancouver, Canada based First Quantum Minerals Ltd ended the session 4.13% lower at $9.98 with a total volume of 5.14 million shares traded. Shares of First Quantum Minerals, which engages in the exploration, development, and production of mineral properties, have gained 7.66% in the last one month and 12.26% in the previous three months. However, the Company’s stock has declined 28.66% in the past one year. The stock is trading above its 50-day and 200-day moving averages. The stock’s 50-day moving average of $9.35 is greater than its 200-day moving average of $7.05. Register for free and access the latest notes on FM.TO at: http://www.activewallst.com/registration-3/?symbol=FM.

Goldcorp (TSX: G)

On Tuesday, shares in Vancouver, Canada headquartered Goldcorp Inc., which engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America, recorded a trading volume of 1.7 million shares, which was lower than their three months average volume of 3.6 million shares. The stock ended the day 1.23% lower at $24.83. Goldcorp Inc.’s stock has gained 8.95% in the last one month, 15.11% in the previous three months and 45.46% in the past one year. The stock is trading above its 50-day and 200-day moving averages. The company stock’s 50-day moving average of $24.00 is above its 200-day moving average of $21.30. Get free access to your notes on G.TO at: http://www.activewallst.com/registration-3/?symbol=G.

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