Thompson Creek Stock Falls On Unusually High Volume (TC)
NEW YORK (TheStreet) -- Thompson Creek Metals Company (NYSE:TC) is trading at unusually high volume Tuesday with 7.7 million shares changing hands. It is currently at four times its average daily volume and trading down 40 cents (-8.6%) at $4.24 as of 11 a.m. ET. Thompson Creek has a market cap of $929.5 million and is part of the basic materials sector and metals & mining industry. Shares are down 33.3% year to date as of the close of trading on Monday. Thompson Creek Metals Company Inc. engages in mining, milling, processing, and marketing of molybdenum products in the United States and Canada. The company has a P/E ratio of 5.5, above the average metals & mining industry P/E ratio of 3.2 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Thompson Creek as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Thompson Creek Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.
Latest Headlines about TC
-
16 Stocks Under $5 Trading At Discounts To Target Price
12:47PM 03/26/13
-
These 5 Stocks Under $5 Appear Undervalued By EPS Trends
04:01PM 12/14/12
-
4 Under-$10 Stocks Moving Higher
03:19PM 11/06/12
-
5 Stocks Poised for Breakouts
01:12PM 10/12/12
-
5 Materials Stocks Under $10 on the Rise
01:19PM 08/21/12
-
7 Oversold Stocks Ready to Bounce, 2 to Avoid
08:17AM 08/15/12
-
Thompson Creek Metals Management Discusses Q2 2012 Results - Earnings Call Transcript
01:40PM 08/14/12
Latest from TheStreet Wire
-
Silver Wheaton Stock To Go Ex-dividend Tomorrow (SLW)
09:53AM 05/20/13
-
CA Stock To Go Ex-dividend Tomorrow (CA)
09:53AM 05/20/13
-
NVIDIA Stock To Go Ex-dividend Tomorrow (NVDA)
09:53AM 05/20/13
-
Applied Stock To Go Ex-dividend Tomorrow (AMAT)
09:53AM 05/20/13
-
ASML Reaches New 52-Week High (ASML)
09:53AM 05/20/13
-
Mattel Stock To Go Ex-dividend Tomorrow (MAT)
09:53AM 05/20/13
-
Allergan Stock To Go Ex-dividend Tomorrow (AGN)
09:53AM 05/20/13
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
