Dallas,TX 2/6/2010 2:07:47 AM
News / Business

Top Commodities Stocks are PCX, WLT, IVN

Commodities Stocks

 

 

Patriot Coal Corporation (NYSE:PCX) climbed up 4.55% over its previous day’s price and now trades at $14.95 on a massive volume of 1.62 million shares.  The stock has a 52-week range of $2.76-$22.37. So far in the last six months trade the stock has rallied over 62%.  Patriot Coal Corporation (Patriot) is a producer of coal in the eastern United States, with operations and coal reserves in Appalachia and the Illinois Basin. It is also a producer of metallurgical quality coal.

 

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Walter Energy, Inc. (NYSE:WLT) jumped 1.50% to $65.52 on a volume of 689K shares. The stock has a 52-week range of $15.19-$83.34. So far in the last six months trade the stock has rallied over 24%. Walter Energy, Inc. (Walter Energy), formerly Walter Industries, Inc., is a producer and exporter of premium United States metallurgical coal for the global steel industry. The Company also produces steam coal and industrial coal, metallurgical coke and coal bed methane gas.

 

Ivanhoe Mines Ltd. (USA) (NYSE:IVN) is amongst the top gainer in the early few hours. The stock has spurted 2.59% and is trading at $13.09 with a volume of 643K shares. The stock has a 52-week range of $2.87-$17.93. So far in the last six months trade the stock has rallied over 58%. Ivanhoe Mines Ltd. (IVN) is an international mineral exploration and development company. The Company’s principal mineral resource property is the Oyu Tolgoi Project, located in Mongolia. The IVN Group also holds interests in several other mineral resource projects in the Asia Pacific region, including the Ovoot Tolgoi Coal Mine, located in Mongolia; the Cloncurry Project, located in Queensland, Australia, and the Bakyrchik gold project, located in Kazakhstan.

 

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