Basic Materials Stocks News Analysis: Barrick Gold (NYSE:ABX), Teck Resources (NYSE:TCK), Marathon Petroleum (NYSE:MPC)

On Thursday, Barrick Gold Corporation (USA) (NYSE:ABX)’s shares declined -2.64% to $7.37.

ABX has 72.10% institutional ownership while its EPS ratio was -2.63. The company has 1.16 billion shares outstanding while market capitalization of the company was $8.87 billion. Price to book ratio was 0.84. Net profit margin of the company was -27.70% while gross profit margin was 30.70%. Stock volatility for the month was booked as 4.61% while for the week was recorded as 5.18%.

The mean estimate for the short term price target for Barrick Gold Corporation (USA) (ABX) stands at $9.15 according to 21 Analysts. The higher price target estimate for the stock has been calculated at $13.00 while the lower price target estimate is at $7.00.

Analysts mean recommendation for the stock is 2.70. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Barrick Gold Corporation (Barrick) is a gold mining company. The Company is engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development.

Teck Resources Ltd (USA) (NYSE:TCK)’s shares dropped -4.31% to $5.55.

TCK Its past 5-day performance at -18.14%. So far in 2015, the company has a year-to-date performance of -59.31%. The stock, as of last close, traded 26.42% up from its 52 week low and was 26.42% below its 52 week high. Its latest closing price was -47.24% below the SMA200 while the distance from SMA 50 and SMA 20 was 10.07% and -13.65% respectively.

The mean estimate for the short term price target for Teck Resources Ltd (USA) (TCK) stands at $11.33 according to 23 Analysts. The higher price target estimate for the stock has been calculated at $18.00 while the lower price target estimate is at $6.00.

Analysts mean recommendation for the stock is 2.80. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Teck Resources Limited is engaged in the business of exploring, acquiring, developing and producing natural resources. The Company is focused on steelmaking coal, copper, zinc and energy.

At the end of Thursday’s trade, Marathon Petroleum Corp (NYSE:MPC)‘s shares surged 1.55% to $55.65.

MPC has market capitalization of $29.21 billion. Its current ratio was 1.30 while its shares were above its 50 days simple moving average with 15.20%. The company offered earning per share of $6.34 while its 532.97 million shares were outstanding. YTD performance of the company was 23.31%. Stock volatility for the week was 3.73% while for the month it was shown at 3.23%.

The mean estimate for the short term price target for Marathon Petroleum Corp (MPC) stands at $65.87 according to 15 Analysts. The higher price target estimate for the stock has been calculated at $79.00 while the lower price target estimate is at $58.00.

Analysts mean recommendation for the stock is 1.90. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Marathon Petroleum Corporation (MPC) is engaged petroleum product refining, marketing, retail and transportation businesses. It has three segments: Refining & Marketing, which refines crude oil and other feedstocks at its seven refineries in the Gulf Coast and Midwest regions of the United States, purchases ethanol and refined products for resale and distributes refined products; DISCLAIMER:

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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