PennyStocksUpdate.biz is devoted to fetch you the most exclusive stocks in the market today. Apart from scanning the markets for the most underrated stocks. We propel those victors directly to your email inbox first ahead of the rest of the marketplace gets a prospect.
New York, NY -- (SBWIRE) -- 03/01/2013 -- Arch Coal, Inc. (NYSE:ACI) recently sent four key players in the local mining industry to speak to county officials. Chuck Duckworth and his associates presented information on both the Shelby and Tucker Run Mine projects, as well as, giving an update on the Leer Mine located between Grafton and Thornton.
Arch Coal Inc (NYSE:ACI) lost nearly 4% to $5.23 with 10.9 million shares changing hands. The company is one of the largest coal producers, selling its product to power plants, steel mills and industrial facilities. The company is 73% owned by institutions and has a market cap of $1.1 billion. It traded the last 52 weeks in the range $5.16-$14.00. The stock is trading below its 200-day moving average of $6.96 and is in a downtrend. Over the past one year the stock has lost 60.86% of its value. Early this month, JP Morgan downgraded the stock to neutral and Nomura Securities from $6.00 to $5.00.
Is ACI Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here
Newmont Mining Corporation (NYSE:NEM) is a gold producer. The Company’s operating segments include North America, South America, Asia Pacific and Africa. Its North America segment consists primarily of Nevada in the United States, La Herradura in Mexico and Hope Bay in Canada.
Newmont Mining Corporation (NYSE:NEM) today announced that President and Chief Operating Officer Gary Goldberg has been named President and Chief Executive Officer and joined Newmont's Board of Directors, pursuant to a succession plan announced on December 3, 2012.
Shares of Newmont Mining Co (NYSE:NEM) is -0.44 - -1.09% from the previous close of $40.29. It traded between $39.72 - 40.59 with total traded volume of 4829401 shares. Keep a close eye on NEM, as the stock has been showing unusual moves over the past weeks. At Current market price, NEM has recovered -0.70% from its 52-week Low of 40.13 and has Pulled back -32.99% from its 52-week high of 59.47.
Can NEM Bounce Back? To Know More About NEM Share, Please Free Sign Up Here
Neither PennyStocksUpdate.biz nor its owners, operators, affiliates or anyone disseminating information on its behalf is registered as an Investment Advisor or broker dealer in any jurisdiction whatsoever and none of the information provided by PennyStocksUpdate.biz, owners, operators, affiliates or anyone disseminating information on its behalf should be construed as investment advice or an investment recommendation.PennyStocksUpdate.biz makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through PennyStocksUpdate.biz. Investing in securities is speculative and carries a high degree of risk and no investment should be made unless you can afford to lose your entire investment. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature of the companies profiled. Please consult a broker before purchasing or selling any securities viewed on or mentioned here in..
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)