Isra-Mart srl: Thompson Creek Metals Makes a Move: Down 3.1%

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Down 3.1% to $6.88, Thompson Creek Metals (NYSE:TC), is one of today's notable movers. The S&P is currently trading 0.8% lower to 1,244 and the Dow Jones Industrial Average is trading 0.6% lower to 11,845.

There is potential upside of 67.0% for shares of Thompson Creek Metals based on a current price of $6.88 and an average consensus analyst price target of $11.49. The stock should find initial resistance at its 50-day moving average (MA) of $7.28 and further resistance at its 200-day MA of $10.51.

In the past 52 weeks, shares of Thompson Creek Metals have traded between a low of $5.44 and a high of $16.06 and are now at $6.88, which is 26% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has declined 0.7%.

Thompson Creek Metals Company, Inc. mines and processes molybdenum. The Company operates mines, mills, and metallurgical roasting facilities in Canada and the United States.