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Metals & Minerals Stocks Under Review -- Vale, Cliffs Natural Resources, Northern Dynasty Minerals, and BHP Billiton

VALE, BHPLF, T.NDM

PR Newswire

NEW YORK, February 14, 2017 /PRNewswire/ --

The Industrial Metals and Minerals industry is one of the largest and fastest growing industrial sectors in the world, driven by global infrastructure development, manufacturing output, and construction activity. It encompasses everything from resource extraction to primary and secondary processing of metals and minerals. Pre-market, Stock-Callers.com reviews the performances of these four stocks: Vale S.A. (NYSE: VALE), Cliffs Natural Resources Inc. (NYSE: CLF), Northern Dynasty Minerals Ltd (NYSE MKT: NAK), and BHP Billiton Ltd (NYSE: BHP). Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration

Vale S.A. 

On Monday, shares in Brazil headquartered Vale S.A. recorded a trading volume of 64.49 million shares, which was above their three months average volume of 30.84 million shares. The stock ended at $11.34, jumping 8.41% from the last trading session. The Company's shares have surged 20.13% in the last one month, 42.60% over the previous three months, and 48.82% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 25.14% and 76.82%, respectively. Furthermore, shares of Vale, which together with its subsidiaries, engages in the research, production, and sale of iron ore and pellets, nickel, fertilizer, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally, have a Relative Strength Index (RSI) of 69.65.

On January 25th, 2017, research firm Bernstein upgraded the Company's stock rating from 'Market Perform' to 'Outperform'.

On February 06th, 2017, Vale announced the pricing of the offering by its wholly owned subsidiary Vale Overseas Limited of US$ 1,000,000,000 6.250% Guaranteed Notes due August 2026. The notes will be consolidated with, and form a single series with, Vale Overseas' US$ 1 billion 6.250% notes due 2026 issued on August 3rd, 2016. Vale intends to apply the net proceeds from the offering toward the redemption price of Vale's €750,000,000 4.375% notes due 2018, which mature in March 2018, and otherwise for general corporate purposes. Sign up and read the free research report on VALE at:

http://stock-callers.com/registration/?symbol=VALE

Cliffs Natural Resources  

Ohio headquartered Cliffs Natural Resources Inc.'s stock finished yesterday's session 6.91% higher at $11.92. A total volume of 67.62 million shares was traded, which was above their three months average volume of 17.22 million shares. The Company's shares have gained 25.08% in the last one month, 61.08% over the previous three months, and 41.74% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 28.62% and 77.83%, respectively. Furthermore, shares of Cliffs Natural Resources, which produces and supplies iron ore, have an RSI of 73.05.

On February 10th, 2017, Cliffs Natural announced that it has priced an offering of $500 million aggregate principal amount of Senior Notes due 2025. The Notes will bear interest at an annual rate of 5.75% and will be issued at a price of 100.00% of their principal amount. The offering is expected to close on February 27th, 2017. The complimentary research report on CLF can be downloaded at:


http://stock-callers.com/registration/?symbol=CLF


Northern Dynasty Minerals  

At the closing bell on Monday, shares in Canada headquartered Northern Dynasty Minerals Ltd saw a drop of 5.36%, ending the day at $3.18. The stock recorded a trading volume of 8.74 million shares, which was higher than its three months average volume of 5.87 million shares. The Company's shares have skyrocketed 52.15% in the last one month, 257.30% over the previous three months, and 53.62% since the start of this year. The stock is trading 41.96% above its 50-day moving average and 208.48% above its 200-day moving average. Moreover, shares of Northern Dynasty Minerals, which engages in the exploration and development of mineral properties in the US, have an RSI of 63.43.

On January 26th, 2017, Northern Dynasty announced that it has closed its previously announced bought deal offering, including the exercise in full of the Underwriters' over-allotment option. A total of 20.24 million of the Company's common shares were sold at a price of US$1.85 per share for gross proceeds of US$37.444 million. Register for free on Stock-Callers.com and access the latest report on NAK at:

http://stock-callers.com/registration/?symbol=NAK


BHP Billiton  

Australia headquartered BHP Billiton Ltd's stock ended the day 0.85% higher at $40.43. A total volume of 3.08 million shares was traded, which was above their three months average volume of 2.84 million shares. The Company's shares have gained 1.74% in the last month, 6.03% over the previous three months, and 13.00% on an YTD basis. The stock is trading 4.81% above its 50-day moving average and 22.64% above its 200-day moving average. Additionally, shares of BHP Billiton, which discovers, acquires, develops, and markets natural resources worldwide, have an RSI of 54.76. Get free access to your research report on BHP at:

http://stock-callers.com/registration/?symbol=BHP

--

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SOURCE Chelmsford Park SA



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