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Tickers in this Article: GG, SLW, AEM, ABX, GEF.B, CF, GGC
The Nasdaq has declined 0.4%, the S&P 500 has remained steady and the Dow has slipped 0.1% after the morning's trading. The basic materials sector is the category of stocks that accounts for companies involved with the discovery, development and processing of raw materials. This sector includes the mining and refining of metals, chemical producers and forestry products. The basic materials sector is sensitive to changes in the business cycle. Because the sector supplies materials for construction, it depends on a strong economy. This sector is also sensitive to supply and demand fluctuations because the price of raw materials, such as gold or other metals, is largely demand driven.

The Basic Materials sector (XLB) has fallen 0.2% despite little change in the market overall. The biggest movers in the sector so far are:
CompanyMarket CapPercentage Change
Goldcorp Inc (NYSE:GG).48 billion-3.1%
Silver Wheaton Corp (NYSE:SLW).5 billion-3.1%
Agnico-Eagle Mines Limited (NYSE:AEM).84 billion-2.8%
Barrick Gold Corporation (NYSE:ABX).83 billion-2.8%
Greif (NYSE:GEF.B).06 billion+2.3%
CF Industries (NYSE:CF).93 billion-2.3%
Georgia (NYSE:GGC).53 billion-2%
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Currently trading at $35.20 per share, Goldcorp Inc (NYSE:GG) has fallen 3.1%. At 2.8 million shares, the company's volume so far today is in line with the current daily average.

Silver Wheaton Corp (NYSE:SLW) has decreased to $34.19 per share, a 3.1% fall. The company's volume for the day so far is 1.7 million shares.

Agnico-Eagle Mines Limited (NYSE:AEM) is trading at $49.98 per share, down 2.8%. So far today, the company's volume is 754,577 shares, in keeping with the average volume over the past three months.

Falling 2.8%, Barrick Gold Corporation (NYSE:ABX) is currently at a share price of $32.87. So far today, 5.2 million shares of the company's stock have changed hands.

Greif (NYSE:GEF.B) is currently trading at $49.12 per share, a 2.3% increase. So far today, the company's volume is 4,331 shares, 0.3 times the average daily volume.

Slipping 2.3%, CF Industries (NYSE:CF) is currently trading at $201 per share. So far today, 430,331 shares have changed hands.

Georgia (NYSE:GGC) has fallen 2% and is currently trading at $43.35 per share. At 57,719 shares, the company's volume so far today is 0.1 times its current three-month average.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. Paying close attention to the previous ratios will help you identify key times to adjust your strategy. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

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