NEW YORK, November 27, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members
with timely information WallStEquities.com has issued free tailored
Stock Review on NSU, FCX, SCCO, and MUX which is a click away at
http://www.wallstequities.com/registration. Featured on
WallStEquities.com is the Basic Materials sector, which comprises
companies that manufacture chemicals, building materials, and paper
products. This sector also includes companies that are engaged in
commodities exploration and processing. This morning, the following
four equities are under the radar: Nevsun Resources Ltd (NYSE AMER:
NSU), Freeport-McMoRan Inc. (NYSE: FCX), Southern Copper Corp.
(NYSE: SCCO), and McEwen Mining Inc. (NYSE: MUX). Wall St.
Equities' downloadable free reports on these stocks are available
at: http://www.wallstequities.com/registration
Nevsun Resources
Last Friday, shares in Vancouver,
Canada headquartered Nevsun Resources Ltd ended the session
1.25% higher at $2.43. The stock
recorded a trading volume of 340,913 shares. The Company's shares
have advanced 17.39% in the last one month and 7.52% over the
previous three months. The stock is trading above its 50-day and
200-day moving averages by 6.15% and 0.94%, respectively.
Furthermore, shares of Nevsun Resources, which engages in the
acquisition, exploration, development, and operation of mineral
properties in Africa, have a
Relative Strength Index (RSI) of 59.02.
On November 13th, 2017,
research firm Macquarie upgraded the Company's stock rating from
'Neutral' to 'Outperform'. The free report on NSU can be accessed
at: http://www.wallstequities.com/registration/?symbol=NSU
Freeport-McMoRan
Phoenix, Arizona headquartered
Freeport-McMoRan Inc.'s stock finished 0.77% higher at $14.35 with a total trading volume of 6.14
million shares. The Company's shares have gained 8.79% on an YTD
basis. The stock is trading above its 200-day moving average by
6.99%. Moreover, shares of Freeport-McMoRan, which engages in the
mining of mineral properties in the US, Indonesia, Peru, and Chile, have an RSI of 52.56.
On November 09th, 2017,
Freeport-McMoRan (FCX) announced that notices have been issued to
redeem on December 11th,
2017, $617 million aggregate
principal amount of FCX and Freeport-McMoRan Oil & Gas LLC
senior notes. The aggregate cash interest cost savings would
approximate $40 million per annum.
FCX expects to record a gain to net income of approximately
$15 million in Q4 2017 in connection
with the redemptions. Download our actionable research report on
FCX at: http://www.wallstequities.com/registration/?symbol=FCX
Southern Copper
Shares in Phoenix,
Arizona-based Southern Copper Corp. closed the day 0.73%
higher at $44.13. The stock recorded
a trading volume of 204,855 shares. The Company's shares have
gained 1.10% in the last month, 8.37% over the previous three
months, and 38.17% since the start of this year. The stock is
trading above its 50-day and 200-day moving averages by 4.90% and
15.94%, respectively. Moreover, shares of Southern Copper, which
engages in mining, exploring, smelting, and refining copper and
other minerals in Peru,
Mexico, Argentina, Chile, and Ecuador, have an RSI of 62.56.
On November 03rd, 2017,
research firm Cowen reiterated its 'Market Perform' rating on the
Company's stock with an increase of the target price from
$39 a share to $48 a share. Register for your free report
coverage on SCCO at:
http://www.wallstequities.com/registration/?symbol=SCCO
McEwen Mining
Toronto, Canada headquartered
McEwen Mining Inc.'s shares recorded a trading volume of 1.20
million shares last Friday. The stock closed 1.46% lower at
$2.02. The Company's shares have
advanced 1.51% in the past month. The stock is trading 1.01% below
its 50-day moving average. Additionally, shares of McEwen Mining,
which explores for, develops, produces, and sells gold, silver, and
copper ores in Argentina,
Mexico, and the US, have an RSI of
54.90.
On November 08th, 2017,
McEwen Mining announced that it has received the signed Record of
Decision on the Final Environmental Impact Statement for the Gold
Bar Project in Eureka County,
Nevada. Construction of the Gold Bar Project will begin
immediately. Get the free research report on MUX at:
http://www.wallstequities.com/registration/?symbol=MUX
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SOURCE Wall St. Equities