5 Basic Materials Stocks Rapidly Changing Hands August 24th

Through early afternoon trading on Wednesday, August 24, 2011, these stocks are very active in the Basic Materials (NYSE:XLB) sector.

Shares of Freeport-McMoran Copper & Gold Inc. (NYSE:FCX) are among the most actively traded stocks in the market today. 9.7 million shares are being traded at $42.78, making up a dollar volume of $416.7 million.

Stock Price Performance: During July 26, 2011 to August 23, 2011, the stock price had dropped $13.19 (-23.5%) from $56.08 to $42.89. The stock price saw one of its best stretches over the last year between November 26, 2010 and December 7, 2010 when shares rose for eight-straight days, rising 13% (+$6.27) over that span. It saw one of its worst periods between April 7, 2011 and April 18, 2011 when shares fell for eight-straight days, falling 11.5% (-$6.53) over that span.

Shares of Newmont Mining Corporation (Holding Company) (NYSE:NEM) have a dollar volume today of $500.5 million, sitting at a current price of $59.56 with 8.4 million shares traded.

Stock Price Performance: During June 27, 2011 to August 23, 2011, the stock price had risen $8.93 (17.1%) from $52.32 to $61.25. 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 days, rising 7.2% (+$3.77) over that span. It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven-straight days, falling 7.5% (-$4.21) over that span.

Shares of Praxair, Inc. (NYSE:PX) are among the most actively traded stocks in the market today. There are 2.3 million shares trading hands at $91.37, making up a dollar volume of $205.6 million.

Stock Price Performance: During July 25, 2011 to August 22, 2011, the stock price had dropped $16.17 (-15.4%) from $105.10 to $88.93. The stock price saw one of its best stretches over the last year between March 28, 2011 and April 6, 2011 when shares rose for eight-straight days, rising 3.7% (+$3.66) over that span. It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven-straight days, falling 5.1% (-$5.33) over that span.

Shares of Mosaic Company, The (NYSE:MOS) are among the most actively traded stocks in the market today. 3.7 million shares are being traded at $66.25, making up a dollar volume of $241.9 million.

Stock Price Performance: During July 26, 2011 to August 23, 2011, the stock price had dropped $6.69 (-9.3%) from $72.14 to $65.45. The stock price saw one of its best stretches over the last year between May 20, 2011 and May 31, 2011 when shares rose for seven-straight days, rising 8.3% (+$5.43) over that span. It saw one of its worst periods between April 5, 2011 and April 12, 2011 when shares fell for six-straight days, falling 7.1% (-$5.88) over that span.

Shares of CF Industries Holdings, Inc. (NYSE:CF) are among the most actively traded stocks in the market today. They have a dollar volume of $374.3 million, with a current price of $173.53 and 2.2 million shares being traded.

Stock Price Performance: During June 27, 2011 to August 23, 2011, the stock price had risen $35.36 (24.6%) from $143.59 to $178.95. The stock price saw one of its best stretches over the last year between March 28, 2011 and April 5, 2011 when shares rose for seven-straight days, rising 12.3% (+$15.70) over that span. It saw one of its worst periods between April 5, 2011 and April 12, 2011 when shares fell for six-straight days, falling 6.8% (-$9.73) over that span.