Pre-Market Update: Mining Stocks and Precious Metals Take a Beating

The precious metals are picking up where the left last week off at,  and are crashing in the pre-bell session after China reported Q1 GDP grew by only 7.7%,  below the 8% economists had forecast. March industrial production misses expectations of 10% growth, rising just 8.9% Pre-bell gold futures have crashed 6.25%, and silver is down [...]

Today’s Top Moving Resource Stocks

Top moving resource stocks for January 29th 2013, for both the regular and after-hours session. Valero Energy (NYSE:VLO) Valero Energy shares added 12.78% in today’s regular session after the company reported fourth-quarter earnings of $1.82 per share on revenues of $34.7 billion.  In the fourth-quarter 2011, Valero earned $0.08 per share on revenues of $34.67 [...]

This Week’s Top Moving Resource Stocks

With the kick-off of earnings season, there has been some considerable news and movement in commodities stocks these week.  Here is a run-down of some resource companies that have seen significant price movements on news developments. Compass Minerals (NYSE:CMP) Compass Minerals shares felt pressure this week after the company reported lower highway deicing sales volume [...]

Today’s Top Moving Resource Stocks

(Oct 18 2012) Here is a list of some resource related stocks that witnessed considerable upside or downside in today’s regular session. Prospect Global Resources (NYSE: PGRX) +7.55% in regular session; +0.49% after hours Today, PGRX reported that a study confirmed that its Holbrook Basin project, a potash field in Arizon, will be competitive. The [...]

Resource Stock Movers: Today’s Top Moving Resource Related Stocks

Marathon Petroleum (NYSE: MPC) Downgraded by Citigroup   Globe Specialty Metals (NYSE: GSM) Downgraded by B. Riley   Teck Resources (NYSE: TCK) Downgraded at Canaccord Genuity.   AKS Steel (NYSE: AKS) Downgraded by JP Morgan   U.S. Steel (NYSE: X) Downgraded by JP Morgan   Cliffs Natural Resources (NYSE:CLF) Downgraded by JP Morgan   PLG Platinum [...]

This Week’s Top Moving Resource Stocks

Here are some of the top moving resource stocks from the Week of Aug. 13-17 2012. UPSIDE MOVERS Barrick Gold (NYSE:ABX) Confirmed that it is in preliminary discussions with China National Gold Group Corporation to sell its holding in African Barrick Gold plc.   DOWNSIDE MOVERS Pan American Silver Corp (NYSE: PAAS) PAAS shares have started [...]

Earth Movers: This Week’s Top Moving Resource Stocks

Top Moving Resource Stocks: Aug 6- Aug 10 Chesapeake Energy (NYSE:CHK) Weekly Trading Range: $17.62-$20.42 Company News: CHK reported Q2  earnings of $0.06 per share, revenue of  $3.4 billion, which surpassed the analyst expectation for of $2.4 bln. Also, CHK was subpoenaed by the Justice Department, and will be required to produce documents related to [...]

Earth Movers: This Week’s Top Moving Resource Stocks

Top Moving Resource Stocks: July 30-Aug 3rd   United States Steel Corporation (NYSE:X) Weekly Trading range: $18.55 to $22.00 News: United States Steel this week reported Q2 earnings of $0.69 per share, topping the Capital IQ analyst estimate of $0.48. Revenues also beat estimates, X pulled in $5.02 billion of revenue on the quarter versus [...]

Commodity Prices, Resource Stock Movers June 12

commodity prices

(June 12 2012) While the regular U.S. stock indices ended the session just in positive territory, the commodities indices ended slightly lower, with the Standard & Poor’s GSCI guage of 24 commodities ending the session down 0.2%. Overall, commodity prices were mixed, with energy prices and stocks mostly higher, metals were mostly higher (with copper [...]

Earthmovers: Top Moving Resource Stocks

(May 17 2012) Many gold and silver miners enjoyed a rally today, thanks to a recovery rally in silver and gold prices.  Gold rallied today on shortcovering and bargain hunting to end  2.5% higher at $1,574.90 an ounce. Gold closed at a 10-month low of $1526.70 an ounce on Wedensday. Silver futures for July delivery [...]