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
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
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
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