Gold Miners Hit the List of Winning Basic Materials Stocks: NEM, AUY, VHI, RGLD, HUN

Through early trading, these stocks are helping the Basic Materials (NYSE:XLB) sector. Long time Wall St. Cheat Sheet readers know to watch stock prices because Technicals on the Stock Chart are Strong’ is one of the ‘T’s in our CHEAT SHEET investing framework.

Shares of Newmont Mining Corporation (Holding Company) (NYSE:NEM) are trading at $64.29, up $1.77 (+2.8%) from the previous close of $62.52. Newmont Mining explores and acquires gold properties and produces copper.

Stock Price Performance: From July 6, 2011, to September 29, 2011, the stock price had risen $8.22 (15.1%) from $54.30 to $62.52. The stock price saw one of its best stretches over the last year between May 13, 2011 and May 31, 2011 when shares rose for 12 straight trading days, rising 7.2% (+$3.76). It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven straight trading days, falling 7.5% (-$4.19).

Yamana Gold Inc. (NYSE:AUY) is one of the top price gainers. Its stock price is $13.82, which is 29 cents (+2.1%) above the previous close of $13.53. Yamana Gold is a gold producer with significant gold production, gold development stage properties, exploration properties, and land positions in Brazil, Chile, Argentina, Mexico, and Colombia.

Stock Price Performance: From August 31, 2011, to September 29, 2011, the stock price had dropped $2.23 (-14.1%) from $15.76 to $13.53. The stock price saw one of its best stretches over the last year between November 26, 2010 and December 6, 2010 when shares rose for seven straight trading days, rising 12.7% (+$1.41). It saw one of its worst periods between June 21, 2011 and June 27, 2011 when shares fell for five straight trading days, falling 2.9% (-34 cents).

Shares of Valhi, Inc. (NYSE:VHI) are trading at $54.01, up $1.59 (+3%) from the previous close of $52.42. Valhi is a holding company, which through its subsidiaries operates in the chemicals, component products, and waste management business.

Stock Price Performance: From August 31, 2011, to September 29, 2011, the stock price had dropped $6.68 (-11.3%) from $59.10 to $52.42. The stock price saw one of its best stretches over the last year between March 28, 2011 and April 8, 2011 when shares rose for 10 straight trading days, rising 20.9% (+$5.05). It saw one of its worst periods between September 13, 2011 and September 23, 2011 when shares fell for nine straight trading days, falling 14.1% (-$7.97).

Royal Gold, Inc. (NASDAQ:RGLD) is one of the top price gainers. Its stock price is $65.01, which is 49 cents (+0.7%) above the previous close of $64.58. Royal Gold, together with its subsidiaries, is engaged in the business of acquiring and managing precious metals royalties.

Stock Price Performance: From August 30, 2011, to September 28, 2011, the stock price had dropped $11.50 (-14.9%) from $77.04 to $65.54. The stock price saw one of its best stretches over the last year between April 12, 2011 and April 21, 2011 when shares rose for eight straight trading days, rising 15% (+$7.82). It saw one of its worst periods between September 20, 2011 and September 28, 2011 when shares fell for seven straight trading days, falling 19.8% (-$16.17).

Shares of Huntsman Corporation (NYSE:HUN) are trading at $10.07, up 20 cents (+2.1%) from the previous close of $9.86. Huntsman Corporation is a manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company operates all of its businesses through its 100% owned subsidiary, Huntsman International LLC.

Stock Price Performance: From July 6, 2011, to September 29, 2011, the stock price had fallen $9.86 (-50%) from $19.72 to $9.86. It saw one of its worst periods between August 15, 2011 and August 22, 2011 when shares fell for six straight trading days, falling 19.5% (-$2.76). The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011 when shares rose for nine straight trading days, rising 15.3% (+$2.65).

 

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