Data Analysis before Market Hours:Pan American Silver, Silver Standard
Resources, Silvercorp Metals, and Fortuna Silver Mines
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LONDON, January 3, 2014
LONDON, January 3, 2014 /PRNewswire/ --
On Thursday, January 02, 2013, the U.S. equity market ended on a negative note
with the S&P 500 ending the day at1,831.98, down 0.89%; the Dow Jones
Industrial Average closing at 16,441.35, down 0.82%; and the NASDAQ Composite
finishing at4,143.07, down 0.80%. The S&P 500 Materials Sector Index fell
0.71% to end the day at 289.56; while the S&P 500 Metals & Mining Industry
Index ended the day at 138.63, up 0.05%. The S&P 500 Metals & Mining Industry
Index has gained 5.78% in the last one month and 11.73% in the previous three
months, outperforming the S&P 500, which has advanced 1.45% and 8.08%, during
the respective periods. The major movers in the industry included Pan American
Silver Corporation (NASDAQ: PAAS), Silver Standard Resources Inc. (NASDAQ:
SSRI), Silvercorp Metals Inc. (NYSE: SVM), and Fortuna Silver Mines Inc.
(NYSE: FSM). All these companies are tracked by AAAResearchReports.com.
Download free technical analysis and charting reports on PAAS, SSRI, SVM, and
FSM now at:
On Thursday, shares in Pan American Silver Corp. advanced to end the day at
$11.96, up 2.22% from the previous day's closing price of $11.70. The
company's shares oscillated between $11.81 and $12.09 during the trading
session. A total of 2.45 million shares were traded, which is above the daily
average volume of 2.09 million. The company's shares have gained 17.72% in the
last one month and 15.00% in the previous three months, outperforming the S&P
500, which has gained 1.45% and 8.08%, during the respective periods. Further,
Pan American Silver Corp.'s stock is trading above its 50-day moving average
of $10.78. Download free research on PAAS today by registering at:
Shares in Silver Standard Resources Inc. rallied on Thursday, even as the
broader market posted losses. The company's shares closed the day 7.18% higher
at $7.46, after trading between $7.03 and $7.46. A total of 1.83 million
shares were traded, which is above the daily average volume of 1.53 million.
The company's shares have surged 31.45% in the last one month and 26.66% in
the previous three months, outperforming the S&P 500, which has gained 1.45%
and 8.08%, during the respective periods. Moreover, Silver Standard Resources
Inc.'s stock is trading above its 50-day and 200-day moving averages of $6.16
and $7.12, respectively. Sign up and have access to our free report on SSRI
On Thursday's, Silvercorp Metals Inc.'s stock finished the day at $2.42, which
is 5.68% higher than the previous day's closing price of $2.29. The company's
shares vacillated between $2.31 and $2.46 during the trading session. A total
of 1.04 million shares were traded, which is above the daily average volume of
1.01 million. The company's shares have surged 6.14% in the previous three
trading sessions, outperforming the S&P 500, which has fallen by 0.51% during
the same period. However, Silvercorp Metals Inc.'s stock is trading below its
50-day and 200-day moving averages of $2.67 and $3.01, respectively. Sign up
and read the complimentary report on SVM at:
Shares in Fortuna Silver Mines Inc. surged 3.14% on Thursday, closing the day
at $2.96. The company's shares fluctuated between $2.92 and $3.03 during the
trading session. A total of 0.18 million shares were traded, which is at par
with the daily average volume. Despite Thursday's gains, the company's shares
have fallen by 5.13% in the last one month and 17.78% in the previous three
months, underperforming the S&P 500, which has gained 1.45% and 8.08%, during
the respective periods. Furthermore, Fortuna Silver Mines Inc.'s stock is
trading below its 50-day and 200-day moving averages of $3.34 and $3.49,
respectively. The free report on FSM can be downloaded by signing up now at:
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