Among other winners,
(MEA - Get Report),
(CRS - Get Report), and
Cliffs Natural Resources
(CLF - Get Report) rose around 5.1%, 4.5%, and 2.4%, respectively.
Among losers, International Coal Group plunged 17.2% from its 52-week highs of $8.46 recorded on Dec. 10 to $7 on Friday. On Tuesday, the stock closed 13.1% lower, following a late-Monday announcement that the company plans to sell around 35 million shares. An upgrade of the stock to buy from hold at
Brean Murray did not lead to any gains in the stock on Wednesday. The stock didn't respond either to the news that
(MEE) is considering a takeover of International Coal.
Meanwhile, Great Northern Iron Ore Properties and
Cloud Peak Energy
(CLD - Get Report) plunged on profit-booking after the stocks reached respective 52-week highs last week. On Thursday,
(RIO) announced the sale of its remaining stake in Cloud Peak Energy, estimated to raise around $500 million.
Other coal stocks,
Penn Virginia Resource Partners
Natural Resource Partners
(NRP) dropped around 5.9%, 5.5%, and 4.2%, respectively.
Gold and silver for spot delivery on the New York Mercantile Exchange declined around 0.6% and 0.7%, respectively, weighing on the respective stocks. Gold giants
(ABX - Get Report)
(GG - Get Report)
(NEM - Get Report)
dipped around 3.1%, 3.5%, and 3.3%, respectively.
Among other gold producers,
Tanzanian Royalty Exploration
declined around 8.8%, 3.5%, 3.4%, 3.2%, 2.6%, and 2.5%, respectively. Most of these stocks touched respective 52-week highs in the penultimate week.
Silver Standard Resources
Compania de Minas Buenaventura's
(BVN - Get Report)
(SLW - Get Report)
led the pack of silver decliners, down 6.2%, 5.2%, and 4.7%, respectively.