Before the Bell Scans: Arch Coal, Vale, Alpha Natural Resources, and Molycorp
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LONDON, June 21, 2013
LONDON, June 21, 2013 /PRNewswire/ --
Shares in metal and mining companies ended mostly lower on Thursday, June 20,
2013, tracking losses in the broader market. The major movers included Arch
Coal Inc. (NYSE: ACI), Vale S.A. (ADR) (NYSE: VALE), Alpha Natural Resources
Inc. (NYSE: ANR), and Molycorp Inc. (NYSE: MCP). All these companies are
tracked by AAAResearchReports.com. Free technical research on ACI, VALE, ANR,
and MCP can be downloaded upon sign up at
Shares in Arch Coal Inc. tumbled on Thursday, tracking losses in the broader
market. The company's shares ended the day 4.21% lower at $3.96 after hitting
a 52-week low of $3.91. A total of 12.85 million shares were traded which is
above the daily average volume of 10.01 million. Arch Coal's shares have
declined by 28% in the last three months, thus underperforming the S&P 500.
The stock is currently trading below its 50- and 200-day moving averages. The
stock's MACD is also trading below the signal line and the zero-line. Sign up
today to read free research report on ACI at:
Vale S.A.'s stock moved lower yesterday, extending its losses from previous
trading sessions. The company's shares ended the day 2.65% lower at $13.61
after hitting a 52-week low of $13.30. The shares saw a total of 25.55 million
trades, which is above their daily average volume of 18.37 million. Vale's
shares have fallen 3.88% in the last three trading sessions. Shares of this
industrial metals & minerals miner have tumbled by 20.87% in the last three
months, thus underperforming the S&P 500. Register to download free technical
analysis on VALE at:
Shares in Alpha Natural Resources Inc. moved lower on Thursday, extending
their losses from previous trading sessions. The company's shares traded
between $5.36 and $5.68 before finishing the day at $5.51, down 1.61%. The
company's shares registered a trading volume of 10.19 million, which is below
their daily average volume of 12.95 million. Shares of Alpha Natural Resources
have now fallen over 2.80% in the last three trading sessions. The stock is
currently trading close to its 52-week low of $5.28. In the last three months,
shares of this mining company have dropped sharply by 34.40%, thus
underperforming the S&P 500. A free report on ANR can be accessed by
Molycorp Inc.'s stock experienced a sharp fall on Thursday as the broader
market struggled. The company's shares hit an intraday low of $5.23 before
finishing the day at $5.43, down 3.21%. A total of 4.82 million shares were
exchanged, which is well below the daily average volume of 10.73 million.
Register with AAA Research Reports and download the research on MCP for free
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