|Last Price$130.27||Day Change (%)-0.34%|
|Open Price$130.98||Day Change ($)-0.45|
|Day Range130.27–131.52||52-Week Range94.01–136.36|
As of Wed 08/27/2014 09:39 AM EST | USD
Martin Marietta Materials , Inc. Reports Second-Quarter Results
We don't see the recent share price declines for metals and mining producers as a buying opportunity on average.
Lower commodity prices and a break-up of the European potash cartel have weighed on basic materials stocks year-to-date.
Improved demand should underpin stronger potash and PRB coal markets in 2014.
These companies are expected to benefit from a boost in infrastructure spending.