AMEX Basic Materials Sector Price Jumps in Focus: (URG, REE, AXU, GMO, TIV)
Ur-Energy Inc. (USA) (AMEX:URG) moved up by 3.41% to close at $1.82 with overall traded volume of 1.45 million shares in the last trading day. The current market price is 28.51% less than its last 50 days simple moving average. The relative strength index stands at 41.03 times till its last trading session.
Rare Element Res Ltd Ordinary Shares (Canada) (AMEX:REE) went up by 5.61% and closed at $13.75 whereas total traded volume stood at 4.64 million shares for the day. Its outstanding shares stood at 43.17 million. Its total market capitalization ended at $593.59 million.
Alexco Resource Corp. (USA) (AMEX:AXU) closed at $9.50 after jumping up by 8.32% with traded volume of 1.48 million shares in the last trading day as compare to its average volume stood at 631.99k. The company maintains strong short term liquidity position with current ratio of 5.78 times.
General Moly, Inc. (AMEX:GMO) reported the gain of 9.62% and closed at $5.81 whereas overall traded volume stood at 3.17 million shares for the day. The share price is highly sensitive as its beta value stands at 2.90 times till its last trading session. The share price is at its overbought level with relative strength index of 62.02 times.
Tri-Valley Corporation (AMEX:TIV) surged by 10.95% to close at $0.61 with total traded volume of 3.03 million shares in the last trading day. The current market price is 27.02% more than its last 50 days simple moving average. The share price is likely to move by 1.34 times against 1 point change in market index.