Shares of Ivanhoe Mines Rank the Lowest in terms of Relative Performance in the Diversified Metals & Mining Industry (IVN, FRG, RTI, VALE, TC)
Below are the top five companies in the Diversified Metals & Mining industry as measured by lowest relative performance. This analysis was based on yesterday's trading activity as we search for stocks that could be relative bargains.
Ivanhoe Mines (NYSE:IVN) ranks first with a loss of 1.58%; Fronteer Development Group (AMEX:FRG) ranks second with a loss of 1.51%; and RTI International Metals (NYSE:RTI) ranks third with a loss of 0.72%.
Vale (NASDAQ:VALE) follows with a loss of 0.65% and Thompson Creek Metals (NYSE:TC) rounds out the top five with a loss of 0.45%.
SmarTrend is bearish on shares of TC and our subscribers were alerted to Sell on June 30, 2010 at $8.89. The stock has fallen 1.4% since the alert was issued.