Today's Scans of Silver Wheaton, North American Palladium, New Gold, and Agnico-Eagle Mines PR Newswire LONDON, March 18, 2013 LONDON, March 18, 2013 /PRNewswire/ -- Gold and silver have struggled this year even as equities have posted significant gains. Gold has come under pressure amid speculation that the Federal Reserve will end its quantitative easing program sooner-than-anticipated. The Fed's ultra-loose monetary policy has been one of the key drivers of gold prices in recent years. Lower gold and silver prices are likely to hurt the top-line of gold and silver mining companies such as Silver Wheaton Corp. (NYSE: SLW), North American Palladium Ltd. (NYSEAMEX: PAL), New Gold Inc. (AMEX: NGD), and Agnico-Eagle Mines Limited (NYSE: AEM). Gold and silver stocks ended mostly lower on Friday as the Dow Jones' 10-day winning streak ended. StockCall has taken an interest in these companies and you can now sign up to download the free technical research on SLW, PAL, NGD, and AEM at http://www.stockcall.com/registration Shares of Silver Wheaton Corp. edged lower in Friday's trading session, tracking losses in the broad market. The stock ended the day 0.78% lower at $30.40 on above average volume of 4.41 million, taking its losses in the last three trading sessions to over 3%. Year-to-date, the silver company's shares have now fallen more than 15%, underperforming the broad market. The stock has support at around $30 at the moment. It is facing stiff resistance at around $32. The company's shares have finished lower in seven of the last ten sessions. Sign up today to read the free research report on SLW at http://www.StockCall.com/SLW031813.pdf North American Palladium Ltd. posted significant losses in trading on Friday. Shares of the Canada-based company ended 2.03% lower at $1.45 on volume of 1.04 million. The stock has now fallen more than 5% in the last three sessions. Despite the recent pullback, North American Palladium's shares have gained more than 11.50% so far for the year, easily outperforming the broad market. The stock's MACD chart, however, indicates that market sentiment has turned bearish on the stock. This is confirmed by the volume activity from last week. The stock has also slipped below $1.50 support level. Register to download the free technical analysis on PAL at http://www.StockCall.com/PAL031813.pdf Shares of New Gold Inc. edged higher in Friday's session; however, the gains were limited. The stock closed 0.11% higher at $9.41 on above average volume of 8.88 million. New Gold shares managed to post modest gains last week, despite falling sharply last Wednesday. The gold miner's gains last Friday came on substantial volume, which is a bullish signal. The upbeat trend is further confirmed by the stock's MACD chart. The MACD is currently trading above the signal line. New Gold's shares currently face resistance at around $9.75. Free report on NGD can be accessed by registering at http://www.StockCall.com/NGD031813.pdf Agnico-Eagle Mines' shares slipped on Friday, closing 0.28% lower at $39.69 on above average volume of 3.23 million. Despite the decline in Friday's trading session, the stock rose 1.2% for the week, compared to a gain of 0.61% for the S&P 500. Agnico-Eagle's shares have fallen more than 24% this year, underperforming the broad market. The stock fell sharply last month; however, it has found support at around $39.50. The stock's MACD is currently giving bullish signal, with the MACD trading above the signal line. Shares of AEM currently face resistance at around $40. Register with StockCall and download the research on AEM for free at http://www.StockCall.com/AEM031813.pdf About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com SOURCE StockCall.com Contact: Contact Person: William T. Knight, Email: firstname.lastname@example.org, Contact Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST)
Today's Scans of Silver Wheaton, North American Palladium, New Gold, and Agnico-Eagle Mines
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