Top Material Stocks (BAK, PAAS, IAG) Stock price of Braskem SA (ADR) (NYSE:BAK) was up by 4.89% or $1.14 in the opening trade after a long weekend. The stock of the company touched a high of $24.49 and a low of $24.37 since the opening bell. The company is planning to invest $179 million in a new plant to produce a raw material to make tires. The plant will increase the production capacity by 30% by 2013. The stock of the company which has a market capitalization of $9.80 billion was recently rated neutral by Zacks Investment Research. The analyst at the research firm expects the company to post $0.06 earnings per share in the coming quarter. The stock of the company has touched a high of $25.64 and a low of $10.17 in last one year of trade on the exchange. Pan American Silver Corp (NASDAQ:PAAS) is a mining company which is primarily engaged in silver mining and extraction. The Company has its mines in Peru, Mexico, Argentina and Bolivia. The stock of the company is up by 3.93% or $1.38 since the opening bell and is currently trading at $36.45. The stock of the company has touched an intraday high of $36.39 and an intraday low of $35.79. The stock whose market capitalization is of $3.90 billion is trading with a volume of 4,000 shares compared to 0.9 million shares on the exchange. The Company has seen a high of $42.33 and a low of $20 in last one year of trade. The stock of the company is currently trading below its 50-day moving average and above its 200-day moving average of $38.88 and $30.65 respectively. IAMGOLD Corporation (NYSE:IAG) is a mining and exploration company based in Canada. The company has interest in gold mining and its projects are located throughout Africa and the Americas. The stock of the company is up by 3.56% or 62 cents in the morning trade and is currently trading at $18.04. The stock of the company has touched an intraday high of $18.10 and an intraday low of $17.76. The company announced that it has achieved a new record for quarterly gold production with over 310,000 ounce of gold in the fourth quarter of 2010. The Company also informed the investors it expects gold production to be in the range of between 1.1 million and 1.2 million ounces in fiscal year 2011. The positive reaction to the news is clearly visible on the stock as the investors are on a purchasing spree. |
Stock price of Braskem SA (ADR) (NYSE:BAK) was up by 4.89% or $1.14 in the opening trade after a long weekend. The stock of the company touched a high of $24.49 and a low of $24.37 since the opening bell. The company is planning to invest $179 million in a new plant to produce a raw material to make tires. The plant will increase the production capacity by 30% by 2013. The stock of the company which has a market capitalization of $9.80 billion was recently rated neutral by Zacks Investment Research. The analyst at the research firm expects the company to post $0.06 earnings per share in the coming quarter. The stock of the company has touched a high of $25.64 and a low of $10.17 in last one year of trade on the exchange.
Pan American Silver Corp (NASDAQ:PAAS) is a mining company which is primarily engaged in silver mining and extraction. The Company has its mines in Peru, Mexico, Argentina and Bolivia. The stock of the company is up by 3.93% or $1.38 since the opening bell and is currently trading at $36.45. The stock of the company has touched an intraday high of $36.39 and an intraday low of $35.79. The stock whose market capitalization is of $3.90 billion is trading with a volume of 4,000 shares compared to 0.9 million shares on the exchange. The Company has seen a high of $42.33 and a low of $20 in last one year of trade. The stock of the company is currently trading below its 50-day moving average and above its 200-day moving average of $38.88 and $30.65 respectively.
IAMGOLD Corporation (NYSE:IAG) is a mining and exploration company based in Canada. The company has interest in gold mining and its projects are located throughout Africa and the Americas. The stock of the company is up by 3.56% or 62 cents in the morning trade and is currently trading at $18.04. The stock of the company has touched an intraday high of $18.10 and an intraday low of $17.76. The company announced that it has achieved a new record for quarterly gold production with over 310,000 ounce of gold in the fourth quarter of 2010. The Company also informed the investors it expects gold production to be in the range of between 1.1 million and 1.2 million ounces in fiscal year 2011. The positive reaction to the news is clearly visible on the stock as the investors are on a purchasing spree.
