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Tag Archives: cdii

Basic Materials Stocks Starting New Year on Positive Note: MCP, XPL, POL, GRH, CDII

Basic Materials stocks started the New Year on a positive note, ending the day up 0.33% as a sector with Molycorp, Inc. (NYSE: MCP) leading the run with a 15.23% spike to close the day at 57.50. The surge came … Continue reading

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Basic Materials Stocks Close Up Once Again: Fushi Copperweld, Inc., Uranerz Energy Corp., Uranium Energy Corp., Denison Mines Corp., China Direct Industries, Inc.

The positive news for Basic Materials stocks rolled through Wednesday as the sector closed another day in the black with a 0.28% increase, building off of yesterday’s 1.12% gain and Monday’s 0.27% improvement. Shares in Fushi Copperweld, Inc. (NASDAQ: FSIN) … Continue reading

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With Magnesium Prices Surging and New Contracts Shares in China Direct Industries, Inc. Remain Above 200-Day Moving Average

Just over a month and a half ago shares of China Direct Industries, Inc. (NASDAQ: CDII) were trading below the 1.00 mark and volume was consistently below 100,000, fortunately for the U.S. owned holding company operating in China in two … Continue reading

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New Contract for Subsidiary has China Direct Industries Stock Moving but Slow Growth in Other Areas Could Present Problems

Last week China Direct Industries (NASDAQ: CDII) announced its subsidiary, CDI Beijing International Trading, had received a contract from the state-owned Beijing Tianrun Construction for the delivery of various types of reinforcing steel bars and according to CDII the contract … Continue reading

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