Wall Street Fundamentals Releases New In-Depth Stock Reports on FCX, SCCO, TCK and TGB

Disappointing manufacturing data from China and news that the Federal Reserve would begin to scale back stimulus measures have combined to send copper futures sliding to a seven-week low. On Thursday, copper for July delivery on the Comex division of the New York Mercantile Exchange hit as low as $3.0550 a pound, the lowest since the beginning of May. The preliminary HSBC China Manufacturing Purchasing Managers Index shrunk to 48.3 in June, from 49.2 May, signaling a further contraction in China’s manufacturing activity. "Copper has been particularly hard hit as expectations for monetary tightening crushed hopes for a widespread revival in the U.S. housing market," RBC Capital Markets wrote in a note to clients.

Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX - News) shares traded in the range of $27.52 to $28.55 Thursday before settling to close at $27.72, a decrease of 5.04 percent. The stock appears to be facing some resistance at $28.87 with some support at $27.58. Shares of Freeport-McMoRan have fallen approximately 15.7 percent in the past month.

More information on Freeport-McMoRan and access to the free equity report can be found at:
www.WallStreetFundamentals.com/FCX

Southern Copper Corp. (NYSE:SCCO - News) shares traded in the range of $27.90 to $28.58 Thursday before settling to close at $28.26, a decrease of 2.32 percent. The stock appears to be facing resistance at the $28.91 and $30.79 levels. Shares of Southern Copper have fallen approximately 14.0 percent in the past month.

More information on Southern Copper and access to the free equity report can be found at:
www.WallStreetFundamentals.com/SCCO

Teck Resources Ltd. (NYSE:TCK - News) shares traded in the range of $21.74 to $22.00 Thursday before settling to close at $21.74, a decrease of 2.95 percent. The stock appears to be facing resistance at the $22.18 and $24.42 levels. Shares of Teck Resources have fallen approximately 22.3 percent in the past month.

More information on Teck Resources and access to the free equity report can be found at:
www.WallStreetFundamentals.com/TCK

Taseko Mines Limited (NYSEMKT:TGB - News)(TSX:TKO.TO - News) shares traded in the range of $1.92 to $2.00 Thursday before settling to close at $1.95, a decrease of 2.50 percent. The stock appears to be facing resistance at $2.01 and $2.24. Shares of Taseko Mines have fallen approximately 6.3 percent in the past month.

More information on Taseko Mines and access to the free equity report can be found at:
www.WallStreetFundamentals.com/TGB

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com