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Hot and Soars Stocks: CTC Media, Inc (NASDAQ:CTCM), Turquoise Hill Resources Ltd. (NYSE:TRQ), Teck Resources Limited (NYSE:TCK)

Hot and Soars Stocks: CTC Media, Inc (NASDAQ:CTCM), Turquoise Hill Resources Ltd. (NYSE:TRQ), Teck Resources Limited (NYSE:TCK)
Written by
Ryan Mitchell
Published on
October 30, 2014
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CTC Media, Inc (NASDAQ:CTCM) released that its third quarter earnings of $0.20 a share, $0.06 improved than the Capital IQ Consensus anticipates of $0.14; revenues dropped 7.3 percent year/year to $158.57M as compared to the $152.23M consensus. The firm devaluation of the ruble, which lost 15 percent against the dollar during the third quarter, significantly affected our third-quarter performance. CTC Media, Inc (NASDAQ:CTCM) stock hit highest price at $6.52, beginning with a price of $6.28 and reported a gain of 4.09% to the closed at $6.36 with a day range of $6.20-$6.52. The total market capitalization remained 990.6 Million, total volume of 1.53 Million shares held in the session was surprisingly higher than its average volume of 1059.93 shares.Turquoise Hill Resources Ltd. (NYSE:TRQ) reported that its files 2014 Oyu Tolgoi technical report; notes a cut project NPV as a result of delay as well as more careful performance assumptions. An updated mineral resource model as well as estimate for the Hugo North deposit. The updated mineral resource anticipates is similar to and confirms the previous estimates contained in the 2013 OTTR. Shares of Turquoise Hill Resources Ltd. (NYSE:TRQ) traded at $3.11 by plunging -1.89% with price volatility of 4.23% for a week and 4.28% for a month. Its beta stands at 1.94 times.Teck Resources Limited (NYSE:TCK) released that its third quarter EPS of $0.28 as compared to $0.22 CIQ anticipates. The firm revs dropped 10% YoY to $2.25B as compared to $2.01B CIQ anticipates; Gross profit before depreciation and amortization was $750 million compared with $919 million in the third quarter of 2013. Teck Resources Limited (NYSE:TCK) stock has highest price of $17.21 in last session, beginning with a price of $16.70 and reported an advance of 1.76% to the closed at $16.22 with a day range of $16.09-$17.21. The stock is going forward its 52-week low with 7.06% and moving down from its 52 week high price with -41.26%.

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