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Basic Materials Stocks on the Move Thursday: GDRZF, TSE, FCX, GLNCY, ELBM, GLGDF, MERC, NEM

Thursday, July 20, 2023 02:09 PM | InvestorsObserver Analysts

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These Basic Materials stocks are trading higher:

-Gold Reserve Inc. (GDRZF) stock is trading at $2.83, a gain of $0.22, or 8.43%, on moderate volume. Gold Reserve Inc gets a Sentiment Score of Very Bullish from InvestorsObserver. -Trinseo PLC (TSE) stock is trading at $17.43, a rise of $0.66, or 4.05%, on low volume. Trinseo S.A. gets a Sentiment Score of Very Bearish from InvestorsObserver and receives an average analyst recommendation of Strong Buy with a price target of $24.40. Trinseo S.A. next reports earnings on August 3. -Freeport-McMoRan Inc (FCX) stock is trading at $42.25, an increase of $1.58, or 3.88%, on average volume. Freeport-Mcmoran Inc gets a Sentiment Score of Very Bearish from InvestorsObserver and receives an average analyst recommendation of Strong Buy with a price target of $43.79. -GLENCORE ADR (GLNCY) stock is trading at $12.17, an increase of $0.45, or 3.84%, on average volume. Glencore International Plc ADR gets a Sentiment Score of Bearish from InvestorsObserver.

Find the top stocks in the Basic Materials Sector here.

These Basic Materials stocks are trading lower:

-Electra Battery Materials Corp (ELBM) stock is trading at $1.05, a loss of $0.12, or 10.25%, on high volume. Electra Battery Materials Corp gets a Sentiment Score of Bullish from InvestorsObserver and receives an average analyst recommendation of Strong Buy with a price target of $4.50. Electra Battery Materials Corp next reports earnings on August 10. -Gogold Resources Inc. (GLGDF) stock is trading at $1.12, a drop of $0.07, or 5.88%, on average volume. Gogold Res Inc gets a Sentiment Score of Bearish from InvestorsObserver. -Mercer International Inc. (MERC) stock is trading at $8.39, a drop of $0.51, or 5.79%, on low volume. Mercer Intl Inc gets a Sentiment Score of Very Bearish from InvestorsObserver and receives an average analyst recommendation of Buy with a price target of $11.13. Mercer Intl Inc next reports earnings on August 3. -Newmont Corporation (NEM) stock is trading at $42.67, a loss of $2.51, or 5.41%, on average volume. Newmont Mining Corp gets a Sentiment Score of Neutral from InvestorsObserver and receives an average analyst recommendation of Strong Buy with a price target of $57.84.

Find the top stocks in the Basic Materials Sector here.

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