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TC Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Monday, April 18, 12:09 PM ET
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In trading on Monday, shares of Thompson Creek Metals Co., Inc. (NYSE:TC) crossed below their 200 day moving average of $11.87, changing hands as low as $11.53 per share. Thompson Creek Metals Co., Inc. shares are currently trading off about 2.8% on the day. The chart below shows the one year performance of TC shares, versus its 200 day moving average:

Thompson Creek Metals Co., Inc. 200 Day Moving Average Chart

Looking at the chart above, TC's low point in its 52 week range is $8.01 per share, with $16.06 as the 52 week high point — that compares with a last trade of $11.61.

TC operates in the Non-Precious Metals & Non-Metallic Mining sector, among companies like Sims Metal Management Ltd (NYSE:SMS) which is down about 2.3% today, and Infinite Resources, Inc. (IRSC). Below is a three month price history chart comparing the stock performance of TC, versus SMS.

TC,SMS Relative Performance Chart


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