MTA - Alpha Metallurgical Resources top gainer among basic materials stocks MTA at bottom

Basic materials stocks showed a marginal recovery this week after registering a fall in the past two weeks.In the past 5-day trading session, iShares U.S. Basic Materials ETF (IYM) and Materials Select Sector SPDR ETF (XLB) grew 0.16% and 0.06%, respectively.Lumber prices continued to skid below the $900 mark, falling up to 3% on Wednesday to $860.70 per thousand. Lumber prices have fallen around 40% since May's record high of over $1,700 per thousand board feet and are expected to drop further over the coming months as sawmills increase production.Gold futures ended the week in green after three weeks of decline, helped by a US dollar decline as the market reacted to new data showing a rise in US inflation with no change in consumer spending. A recent analysis by an SA contributor highlights a bullish outlook for gold.For the week ending June 25, 2021, Alpha Metallurgical Resources (AMR) +23.88% became the biggest gainer among the

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Alpha Metallurgical Resources top gainer among basic materials stocks, MTA at bottom