Royal Gold Leads Basic Materials Stocks Spiking Higher Today

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.

Yamana Gold Inc. (NYSE:AUY) is among the sector price gainers, as its shares are trading at $17.15, up 32 cents (+1.9%) from the previous close of $16.83. Yamana Gold Inc. is a gold producer with significant gold production, gold development stage properties, exploration properties and land positions in Brazil, Chile, Argentina, Mexico and Colombia.

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Stock Price Performance: From June 9, 2011, to September 2, 2011, the stock price had risen $4.96 (41.8%) from $11.87 to $16.83. 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% (+$1.42). 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).

International Paper Co. (NYSE:IP) is among the top price gainers in the sector. Its shares are trading at $25.95, up 46 cents (+1.8%) from the previous close of $25.49. International Paper Co. is a global paper and packaging company with operations in North America, Europe, Latin America, Russia, Asia and North Africa.

Stock Price Performance: From July 8, 2011, to September 2, 2011, the stock price had fallen $4.44 (-14.8%) from $29.93 to $25.49. The stock price saw one of its best stretches over the last year between December 16, 2010 and December 29, 2010 when shares rose for nine straight trading days, rising 6.8% (+$1.70). It saw one of its worst periods between July 28, 2011 and August 8, 2011 when shares fell for eight straight trading days, falling 23.9% (-$7.22).

Royal Gold, Inc. (NASDAQ:RGLD) is among the sector price gainers, as its shares are trading at $82.36, up $3.39 (+4.3%) from the previous close of $78.97. Royal Gold Inc, together with its subsidiaries, is engaged in the business of acquiring and managing precious metals royalties. The Company owns royalty interests that are currently in development stage.

Stock Price Performance: From June 9, 2011, to September 2, 2011, the stock price had risen $20.58 (35.2%) from $58.39 to $78.97. 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% (+$7.84). It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven straight trading days, falling 5.9% (-$3.66).

Rock Tenn Co. (NYSE:RKT) is among the top price gainers in the sector. Its shares are trading at $51.15, up 90 cents (+1.8%) from the previous close of $50.25. Rock-Tenn Company (RockTenn) is a manufacturer of packaging products, recycled paperboard, containerboard, bleached paperboard and merchandising displays. It operates in four segments: Consumer Packaging, Corrugated Packaging, Merchandising Displays etc.

Stock Price Performance: From June 9, 2011, to September 2, 2011, the stock price had fallen $19.28 (-27.7%) from $69.53 to $50.25. The stock price saw one of its best stretches over the last year between July 18, 2011 and July 22, 2011 when shares rose for five straight trading days, rising 7.8% (+$4.66). It saw one of its worst periods between March 3, 2011 and March 11, 2011 when shares fell for seven straight trading days, falling 8.9% (-$6.38).

Temple-Inland Inc. (NYSE:TIN) is among the sector price gainers, as its shares are trading at $30.91, up $6.28 (+25.5%) from the previous close of $24.63. Temple-Inland, Inc. operations its business through two segments: corrugated packaging and building products. It manufactures containerboard (linerboard and corrugating medium) and convert it into a complete line of corrugated packaging.

Stock Price Performance: From July 8, 2011, to September 2, 2011, the stock price had fallen $6.19 (-20.1%) from $30.82 to $24.63. The stock price saw one of its best stretches over the last year between February 8, 2011 and February 17, 2011 when shares rose for eight straight trading days, rising 8.6% (+$2.01). It saw one of its worst periods between August 15, 2011 and August 23, 2011 when shares fell for seven straight trading days, falling 24.8% (-$7).