13.01.2017 13:00:00
|
Silver Stocks Under Review -- Hecla Mining, First Majestic Silver, Coeur Mining, and Silver Wheaton
NEW YORK, January 13, 2017 /PRNewswire/ --
Stock-Callers.com revisits the Silver industry to see how some equities have fared over the last few weeks. Under assessment today are: Hecla Mining Co. (NYSE: HL), First Majestic Silver Corp. (NYSE: AG), Coeur Mining Inc. (NYSE: CDE), and Silver Wheaton Corp. (NYSE: SLW). Silver is one of the most versatile metals available. It is used as both an industrial metal and a hard asset, and plays double duty in the commodities market. Trading it and predicting its price is a careful balancing act between what consumers need and what the currency market demands. Learn more about these stocks by downloading their free research reports in PDF format at:
http://stock-callers.com/registration
Hecla Mining
On Thursday, shares in Idaho-based Hecla Mining Co. recorded a trading volume of 7.48 million shares. The stock ended at $5.81, climbing 0.35% from the last trading session. The Company's shares have gained 10.93% over the previous three months and 10.88% since the start of this year. The stock is trading above its 200-day moving average by 9.22%. Furthermore, shares of Hecla Mining, which together with its subsidiaries, discovers, acquires, develops, produces, and markets precious and base metal deposits worldwide, have a Relative Strength Index (RSI) of 53.34.
On January 10th, 2017, Hecla Mining reported silver production of 17.2 million ounces for 2016, a 48% increase from 2015. The Company reported gold production of 233,929 ounces, a 24% increase on a y-o-y basis. During the reported period, Hecla mining recorded silver equivalent production of 46.1 million ounces, or gold equivalent production of more than 631,000 ounces, a 23% increase. Hecla Mining had cash, cash equivalents, and short-term investments of approximately $198 million at December 31st, 2016, an increase of approximately $43 million for the year. Sign up and read the free research report on HL at:
http://stock-callers.com/registration/?symbol=HL
First Majestic Silver
Canada headquartered First Majestic Silver Corp.'s stock finished yesterday's session 1.68% lower at $8.79 with a total trading volume of 5.79 million shares. The Company's shares have gained 1.50% in the last one month, 11.27% over the previous three months, and 15.20% on an YTD basis. The stock is trading above its 50-day moving average by 4.14%. Furthermore, shares of First Majestic Silver, which engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver projects in Mexico, have an RSI of 56.51. The complimentary research report on AG can be downloaded at:
http://stock-callers.com/registration/?symbol=AG
Coeur Mining
At the closing bell on Thursday, shares in Illinois-based Coeur Mining Inc. saw a slight decline of 0.64%, ending the day at $10.89. The stock recorded a trading volume of 3.77 million shares. The Company's shares have advanced 10.00% in the last one month and 19.80% on an YTD basis. The stock is trading 8.71% and 3.13% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Coeur Mining, which owns, operates, explores for, and develops silver and gold properties, have an RSI of 60.91.
On January 05th, 2017, Coeur Mining announced Q4 2016 production of 3.9 million ounces of silver and 102,500 ounces of gold, or 10.0 million silver equivalent ounces, the highest quarterly silver equivalent production in the Company's history. FY16 production was 14.8 million ounces of silver, and 358,170 ounces of gold. In FY17, Coeur expects to produce 16.4 million - 18.0 million ounces of silver and 362,000 - 387,000 ounces of gold, or 38.1 million - 41.2 million silver equivalent ounces, an increase of over 9% y-o-y based on the midpoint of the 2017 guidance range. Register for free on Stock-Callers.com and access the latest report on CDE at:
http://stock-callers.com/registration/?symbol=CDE
Silver Wheaton
Canada headquartered Silver Wheaton Corp.'s stock ended the day 0.84% lower at $20.11 with a total trading volume of 5.21 million shares. The Company's shares have gained 6.85% in the last month and 4.09% on an YTD basis. The stock is trading 2.38% above its 50-day moving average. Additionally, shares of Silver Wheaton, which operates as a precious metals streaming company worldwide, have an RSI of 58.85.
On December 22nd, 2016, Panoro Minerals Ltd and its wholly-owned subsidiary, Panoro Trading (Cayman) Ltd, announced that they have received a third payment of US$2.0 million as part of the Precious Metals Purchase Agreement with Silver Wheaton (Caymans) Ltd, a wholly owned subsidiary of Silver Wheaton Corp., in respect of the Cotabambas project located in Peru. The principal terms of the agreement, described in the Company's press release on March 21st, 2016, whereby Silver Wheaton will pay Panoro upfront cash payments totalling US$140.0 million for 25% of the payable gold production and 100% of the payable silver production from the Company's Cotabambas Project in Peru. Get free access to your research report on SLW at:
http://stock-callers.com/registration/?symbol=SLW
--
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC 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.
SC 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 info@stock-callers.com. Rohit Tuli, a CFA® charterholder (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 SC. SC 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
SC, 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. SC, 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, SC, 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 SC 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://stock-callers.com/legal-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: info@stock-callers.com
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu First Majestic Silver CorporationShsmehr Nachrichten
Analysen zu First Majestic Silver CorporationShsmehr Analysen
Aktien in diesem Artikel
Coeur Mining | 6,20 | 1,61% | |
First Majestic Silver CorporationShs | 5,88 | 1,59% | |
Hecla Mining Co. | 5,16 | -0,50% |