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Tuesday 21 April 2015
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Momentum Stocks Alert: Avon Products, Inc (NYSE:AVP), Eldorado Gold Corp (USA)(NYSE:EGO), Cliffs Natural Resources Inc (NYSE:CLF), Turquoise Hill Resources Ltd (NYSE:TRQ)

On Tuesday, Following Stocks were among the “Top 100 Gainers” In U.S. Stock Exchange: Avon Products, Inc (NYSE:AVP), Eldorado Gold Corp (USA)(NYSE:EGO), Cliffs Natural Resources Inc (NYSE:CLF), Turquoise Hill Resources Ltd (NYSE:TRQ)

Avon Products, Inc (NYSE:AVP)’s shares picked up 3.77%, and closed at $8.25. The stock has the beta value of 1.46, and its volatility for the week is 5.52%, while for the month it is 4.74%. The company has the market capitalization of $3.59B. The company holds the book value per share of 0.67, whereas cash per share is 2.26. Price to book ratio remained 12.31, while price to sale ratio is 0.41. Analysts mean recommendation for the stock is said to be 2.90 (where 1=Buy, 5=sale).

Avon Products, Inc. manufactures and markets beauty and related products worldwide. It offers beauty products, such as skincare, and personal care products, in addition to fragrances and color cosmetics; and fashion and home products compriseing of jewelry, watches, apparel, footwear, accessories, gift and decorative products, housewares, entertainment and leisure products, children’s products, and nutritional products. The company markets its products through direct selling and independent representatives. Avon Products, Inc. was founded in 1886 and is headquartered in New York, New York.

Eldorado Gold Corp (USA)(NYSE:EGO), raised 3.75%, and closed at $5.26. The company holds the market capitalization of $3.61B. For the last twelve months, the stock was able to keep return on equity at 2.00%, while return on assets at 1.40%, in response to its return on investment at 2.30%. Its 20-day moving average gained 4.54%, below 50-day moving average of -3.15%, below 200-day moving average of -20.46% from the latest market price of $5.26. The mean recommendation of analysts for this stock is 2.60.(where 1=Buy, 5=Sale).

Eldorado Gold Corporation, together with its subsidiaries, is engaged in the exploration, discovery, development, production, and reclamation of gold properties in Brazil, China, Greece, Turkey, and Romania. The company also explores for iron, silver, lead, zinc, and copper ores. Its principal properties comprise Kisladag and Efemcukuru gold mines located in Turkey; Jinfeng open pit and underground gold mine situated in southern China; and the Olympias gold, silver, lead, and zinc development project, and the Skouries gold-copper development project located in northern Greece. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. Eldorado Gold Corporation was founded in 1992 and is headquartered in Vancouver, Canada.

Cliffs Natural Resources Inc (NYSE:CLF), enhanced 3.74%, and closed at $4.99. The company has the market capitalization of $737.27M. The beta value of the stock is 2.12. On the other hand the stock’s volatility for the week is 8.67%, and for the month is 7.05%. The stock’s price to sale ratio is 0.17; however price to cash ratio is 2.63.

Cliffs Natural Resources Inc., a mining and natural resources company, produces iron ore and metallurgical coal. It operates five iron ore mines that produces iron ore pellets in Michigan and Minnesota; Koolyanobbing complex situated in northeast of the town of Southern Cross, which produces lump and fines iron ore; and two metallurgical coal mines located in Alabama and West Virginia. The company also owns interests in the Decar Property situated in British Columbia; and the Labrador Trough South property located in Fermont, Qubec. It sells its iron products to integrated steel companies and Asian steel producers; and metallurgical coal to integrated steel and coke producers in Europe, North America, China, India, and South America. The company was formerly known as Cleveland-Cliffs Inc. Cliffs Natural Resources Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.

Turquoise Hill Resources Ltd (NYSE:TRQ), rose 3.70%, and closed at $3.08. The stock volatility for the week is 3.32%, while for the month remained 3.68%. The company holds consensus target price of $7.11.

If we consider EPS growth of the company, then the company indicated the following observations:

The company showed 0.16 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained 92.60% and Annual EPS growth for the past 5 years is considered as 45.90%.

The mean recommendation of analysts for this stock is 2.30. (where 1=Buy, 5=Sale).

Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mineral exploration, development, and mining company. The company’s principal mineral resource property comprises the Oyu Tolgoi project, a copper-gold project located in the South Gobi region of Mongolia. It also holds interests in coal resource properties in Mongolia; and molybdenum and silver resource properties. The company was formerly known as Ivanhoe Mines Ltd. and changed its name to Turquoise Hill Resources Ltd. in August 2012. Turquoise Hill Resources Ltd. was founded in 1994 and is headquartered in Vancouver, Canada. Turquoise Hill Resources Ltd. operates as a partner of Rio Tinto plc.

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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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