Canadian Basic Materials Stocks under Review, Richmont Mines, Fortune Minerals, Rubicon Minerals, and Midas Gold

LONDON, UK / ACCESSWIRE / October 27, 2017 / Pro-Trader Daily has lined up these stocks for our daily research reports coverage. Before the markets open, Pro-TD makes a brief technical snapshot of select stocks with the Metals & Mining industry and that trades on the Toronto Exchanges. This Morning, our team has regrouped these stocks for study: Richmont Mines, Fortune Minerals, Rubicon Minerals, and Midas Gold. Register for these free reports at:

http://protraderdaily.com/register/

At the closing bell on Thursday, October 26, 2017, the Toronto Exchange Composite index edged 0.23% higher to finish the trading session at 15,891.63 with a total volume of 294,639,557 shares exchanging hands for the day.

Pro-Trader Daily's complimentary research reports on the following stocks are now available: Richmont Mines Inc. (TSX: RIC), Fortune Minerals Ltd (TSX: FT), Rubicon Minerals Corporation (TSX: RMX), and Midas Gold Corporation (TSX: MAX). Sign up now for your free membership and research reports at:

http://protraderdaily.com/register/

Richmont Mines Inc.

Rouyn-Noranda, Canada headquartered Richmont Mines Inc.'s stock fell 3.41%, to finish Thursday's session at $11.06 with a total volume of 193,682 shares traded. Richmont Mines' shares have advanced 6.24% in the past three months. The Company's shares are trading above its 200-day moving average. Richmont Mines' 50-day moving average of $12.05 is above its 200-day moving average of $10.56. Shares of the Company, which engages in the mining, exploration, and development of mining properties in Canada, are trading at a PE ratio of 40.36. See our research report on RIC.TO at:

http://protraderdaily.com/optin/?symbol=RIC

Fortune Minerals Ltd

On Thursday, shares in London, Canada headquartered Fortune Minerals Ltd recorded a trading volume of 554,203 shares, which was higher than their three months average volume of 452,493 shares. The stock ended the day flat at $0.19. Fortune Minerals' stock has surged 35.71% in the past one year. Shares of the Company, which explores for and develops specialty metals, base metals, and precious metals in Canada, are trading below its 50-day moving average of $0.21. The complementary research report on FT.TO at:

http://protraderdaily.com/optin/?symbol=FT

Rubicon Minerals Corp.

On Thursday, shares in Toronto, Canada headquartered Rubicon Minerals Corp. ended the session 0.66% lower at $1.50 with a total volume of 25,424 shares traded. The stock is trading below its 50-day and 200-day moving averages. Furthermore, the stock's 200-day moving average of $1.59 is greater than its 50-day moving average of $1.58. Shares of the Company, which engages in the exploration and development of gold properties in Canada and the US, are trading at a PE ratio of 0.46. Register for free and access the latest research report on RMX.TO at:

http://protraderdaily.com/optin/?symbol=RMX

Midas Gold Corp.

Vancouver, Canada headquartered Midas Gold Corp.'s stock closed the day flat at $0.74. The stock recorded a trading volume of 277,757 shares, which was above its three months average volume of 81,742 shares. Midas Gold's shares have gained 8.82% in the last one month. Shares of the Company, which engages in the acquisition, exploration, and development of mineral properties in the US, are trading above their 50-day moving average. Moreover, the stock's 200-day moving average of $0.74 is greater than its 50-day moving average of $0.70. Get free access to your research report on MAX.TO at:

http://protraderdaily.com/optin/?symbol=MAX

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter-holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily