Technical Research on Coeur d'Alene and Endeavour Silver: Silver Mining Stocks Set to Rebound

Technical Research on Coeur d'Alene and Endeavour Silver: Silver Mining Stocks
                                Set to Rebound

PR Newswire

LONDON, February 22, 2013

LONDON, February 22, 2013 /PRNewswire/ --

Silver and gold prices have been going up in the past couple of years.
However, the benefits of the high prices did not fully percolate down to the
mining companies. While these companies are boosting their productions, their
stock prices are reeling down. Endeavour Silver Corp. (NYSE: EXK) is one of
the most prominent silver miners. The company has a good track record of
growth but its share price tells a different story. Similarly, Coeur d'Alene
Mines Corporation (NYSE: CDE) is also boosting its operations through
acquisitions and mergers. StockCall has posted free technical research reports
on Coeur d'Alene Mines and Endeavour Silver and these can be accessed by
signing up at

Coeur d'Alene Mines Acquires Orko Silver

Coeur d'Alene Mines reported strong results for its fourth quarter. The
company more than tripled its income to 42 cents per share. It had earned 13
cents per share for the corresponding quarter of the last year. Coeur d'Alene
Mines also handily beat consensus estimate of 21 cents per share in income.
While its sales declined its average realized price per ounce increased for
both silver and gold. However, despite the good results, the stock tumbled 21
percent so far this year. The company lost 30 percent of its value in the past
12 months. Its stock is trading close to its 52-week low and thus has good
upside potential. Download the free report on Coeur d'Alene Mines Corp. upon
registration at 

Coeur d'Alene is also growing as it entered into a definitive agreement to buy
Orko Silver. The contract is expected to be worth CAD$350 million. The
acquisition will help Coeur d'Alene Mines Corporation in boosting its
operations and the deal is likely to be finalized by April of this year. The
company beat First Majestic Silver for grabbing Orko and will have access to
Mexican markets.

Despite its shaky stock performance lately, Coeur d'Alene is one of the most
prominent players in the field. With its new acquisition, the company's stock
is likely to make a comeback.

Endeavour Silver Provides 2013 Outlook

Endeavour Silver expects to have good growth this year. Its stock tumbled 26
percent this year, while it lost 43 percent in the past 52 weeks. However, the
company is looking to reverse this trend and regain its stock price highs. In
2013, the company expects to produce 5 million to 5.3 million ounces of
silver, up from its target of 4.3 million ounces for the year 2012. For gold,
its target is set at 46,000 ounces. The company achieved its targets in 2012
and is expected to repeat the performance this year as well. Endeavour Silver
Corp. technical report can be accessed for free by signing up at 

Endeavour Silver is growing through acquisitions as well. Its new acquisitions
include El Cubo mine in Mexico. The acquisition was helpful in achieving 2012
targets and is expected to be productive this year also. The company also
plans to boost its drilling operations at San Sebastian property, which is one
of the most productive properties in the company's portfolio.

Endeavour Silver's stock is currently trading near its 52-week low and thus
shows good potential for an upward move. Given its ambitious targets this year
and the past year's performance, the stock is likely to perform well in 2013.

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