SproutNews logo

Coverage Initiated on Industrial Metals and Minerals Stocks Teck Resources, Lundin Mining, HudBay Minerals, and Turquoise Hill Resources

LONDON, UK / ACCESSWIRE / July 26, 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 Industrial Metals & Minerals industry. Companies recently under review include Teck Resources, Lundin Mining, HudBay Minerals, and Turquoise Hill Resources. Get all of our research notes free by signing up at: http://www.activewallst.com/register/.

On Monday, July 25, 2016, the TSX Composite Index lost 0.70%, to finish at 14,498.10. At the close, the metal and mining index was down 0.31%, finishing at 63.74.

Active Wall St. has initiated coverage on the following equities: Teck Resources Ltd. (TSX: TCK-B), Lundin Mining Corporation (TSX: LUN), HudBay Minerals Inc. (TSX: HBM), and Turquoise Hill Resources Ltd. (TSX: TRQ). Register with us now for your free membership and more at: http://www.activewallst.com/register/.

Teck Resources Limited (TSX: TCK-B)

Vancouver, Canada based Teck Resources Ltd.’s stock finished Monday’s session 0.22% lower at $17.81 with a total volume of 2.61 million shares traded. Over the last one month and the previous three months, Teck Resources Ltd.’s shares have surged 16.25% and 36.37%, respectively. Furthermore, the stock has rallied 92.33% in the past one year. Shares of the Company, which explores, develops, and produces natural resources in the Americas, the Asia Pacific, and Europe, are trading above its 50-day and 200-day moving averages. Teck Resources’ 50-day moving average of $16.50 is above its 200-day moving average of $11.31. See our notes on TCK-B.TO at: http://www.activewallst.com/registration-3/?symbol=TCK-B.

Lundin Mining Corp. (TSX: LUN)

Toronto, Canada headquartered diversified base metals mining company, Lundin Mining Corp.’s stock fell 1.51% to close the day at $5.23. The stock recorded a trading volume of 901,973 shares. Lundin Mining’s shares have gained 25.12% in the last one month, 19.41% in the past three months, and 15.45% in the previous one year. Shares of the company, which engages in the exploration, development, and mining of mineral properties in Chile, the U.S., Portugal, Sweden, Spain, and the Democratic Republic of Congo, are trading above their 50-day and 200-day moving averages. Moreover, the stock’s 50-day moving average of $4.62 is greater than its 200-day moving average of $4.10. The complimentary notes on LUN.TO at: http://www.activewallst.com/registration-3/?symbol=LUN.

HudBay Minerals Inc. (TSX: HBM)

On Monday, shares in Toronto, Canada based an integrated mining company, HudBay Minerals Inc., ended the session 0.63% higher at $6.35 with a total volume of 1.77 million shares traded. HudBay Minerals’ shares have advanced 6.19% in the last one month and 16.30% in the previous three months. However, the Company’s stock has declined 26.42% in the past one year. Shares of the company, which together with its subsidiaries, primarily focus on the discovery, production, and marketing of base and precious metals in North and South America, are trading above its 200-day moving average. The stock’s 50-day moving average of $6.43 is greater than its 200-day moving average of $4.85. Register for free and access the latest notes on HBM.TO at: http://www.activewallst.com/registration-3/?symbol=HBM.

Turquoise Hill Resources Ltd. (TSX: TRQ)

Turquoise Hill Resources Ltd. is a subsidiary of Rio Tinto International Holdings Limited, and together with its subsidiaries, Turquoise Hill Resources operates as a mining company. On Monday, shares in Turquoise Hill Resources Ltd. recorded a trading volume of 378,752 shares. The stock ended the day 0.66% lower at $4.55. Turquoise Hill Resources’ stock has gained 8.33% in the last one month and 29.26% in the previous three months. Furthermore, the stock has advanced 2.02% in the past one year. Shares of the Company, which engages in mining copper, gold, and silver, are trading above its 50-day and 200-day moving averages. The stock’s 50-day moving average of $4.34 is above its 200-day moving average of $3.53. Shares of the Company traded at a PE ratio of 27.25. Get free access to your notes on TRQ.TO at: http://www.activewallst.com/registration-3/?symbol=TRQ.

Active Wall Street:

Active Wall Street (AWS) 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. AWS 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.

AWS 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 info@activewallst.com. 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 AWS. AWS 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

AWS, 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. AWS, 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, AWS, 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 AWS 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://www.activewallst.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: info@activewallst.com
Phone number: 1-858-257-3144
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

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

SOURCE: Active Wall Street

ReleaseID: 442836

Go Top