Early Morning Insight: Walter Energy, Cliffs Natural Resources, Peabody Energy, McEwen Mining, and Central Fund of Canada

Thu Jun 27, 2013 1:05pm EDT

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Early Morning Insight: Walter Energy, Cliffs Natural Resources, Peabody Energy, McEwen Mining, and Central Fund of Canada

PR Newswire

LONDON, June 27, 2013 /PRNewswire/ --

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Earlier this week, Morgan Stanley slashed its outlook for industrial metals amid concerns over a slowdown in China, which is the world's biggest consumer of industrial metals. On Wednesday, June 26, 2013, shares in industrial metal & mineral companies ended mostly lower even as the broader market posted significant gains for a second straight trading session. The major movers included Walter Energy Inc. (NYSE: WLT), Cliff Natural Resources Inc. (NYSE: CLF), Peabody Energy Corporation (NYSE: BTU), McEwen Mining Inc. (NYSE: MUX), Central Fund of Canada Limited (USA) (AMEX: CEF). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on WLT, CLF, BTU, MUX, and CEF now at:

http://www.aaaresearchreports.com/register/

Shares in Walter Energy Inc. tumbled on Wednesday, extending their losses for the week. The company's shares ended the day at $10.04, down 11.54%, after hitting a 52-week low of $9.88. A total of 20.59 million shares were traded, which is well above the daily average volume of 9.72 million. Walter Energy's shares have dropped by 20.57% in the last three trading sessions. Download free research on WLT today by registering at:

http://www.AAAResearchReports.com/WLT062713.pdf

Cliff Natural Resources Inc.'s shares hit a 52-week low of $15.50 before finishing the day 3.09% lower at $15.70. A total of 9.32 million shares were traded, which is below the daily average volume of 11.08 million. The stock has fallen 8.67% so far this week. Sign up and have access to our free report on CLF at:

http://www.AAAResearchReports.com/CLF062713.pdf

Shares in Peabody Energy Corporation fell sharply on Wednesday. The company's shares ended the day 3.26% lower at $14.54 after hitting a 52-week low of $14.35. A total of 10.05 million shares were traded which is above the daily average volume of 8.38 million. The company's shares have slumped by 9.13% in the last three trading sessions. Sign up and read the complimentary report on BTU at:

http://www.AAAResearchReports.com/BTU062713.pdf

McEwen Mining Inc.'s stock plunged on Wednesday, hitting a 52-week low of $1.63. The company's shares ended the day at $1.67, down 8.24%. A total of 5.05 million shares were traded which is well above the daily average volume of 3.13 million. The stock is down 17.73% in the last three trading sessions. The free report on MUX can be downloaded by signing up now at:

http://www.AAAResearchReports.com/MUX062713.pdf

Shares in Central Fund of Canada Limited moved 4.43% lower on Wednesday, extending their losses from previous trading sessions. The company's shares fell to a 52-week low of $12.96 before finishing the day at $13.16. A total of 5.45 million shares were traded which is well above the daily average volume of 1.59 million. The stock has fallen 7.00% in the last three trading sessions. Free report on CEF can be accessed by registering at

http://www.AAAResearchReports.com/CEF062713.pdf

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SOURCE AAA Research Reports

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