Metals and Mining Stocks Review -- Research on Silver Wheaton, Silver Standard Resources, Endeavour Silver, and Coeur Mining
Editor Note: For more information about this release, please scroll to bottom.
LONDON, May 23, 2014 /PRNewswire/ --
The trading session on Thursday, May 22, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,543.08, up 0.06% and the NASDAQ Composite closed at 4,154.34, up 0.55%. The S&P 500 finished the day 0.24% higher at 1,892.49. The gains were broad based as eight out of ten sectors finished on a positive note. The S&P 500 Materials Sector Index ended the day 0.19% higher at 303.17, and the index has advanced 3.99% in the previous three months. Investor-Edge has initiated coverage on the following equities: Silver Wheaton Corp. (NYSE: SLW), Silver Standard Resources Inc. (NASDAQ: SSRI), Endeavour Silver Corp. (NYSE: EXK) and Coeur Mining Inc. (NYSE: CDE). Free technical research on SLW, SSRI, EXK and CDE can be downloaded upon signing up at:
http://www.investor-edge.com/2951-register
Silver Wheaton Corp.'s stock edged 0.05% lower on Thursday, finishing the session at $21.56. A total of 1.94 million shares were traded, which was below its three months average volume of 3.60 million shares. The stock moved between $21.50 and $21.80 during the session. Shares in Silver Wheaton Corp. have fallen by 0.60% in the previous three trading sessions and 2.53% in the last one month. However, the stock has gained 6.79% from the beginning of 2014. The company's shares are trading below their 50-day and 200-day moving averages. The stock's 50-day moving average of $22.89 is below its 200-day moving average of $23.09. Further, Silver Wheaton Corp.'s stock has a Relative Strength Index (RSI) of 41.43. Sign up today to read free research on SLW at:
http://www.investor-edge.com/2951-SLW-23May2014.pdf
Shares in Silver Standard Resources Inc. fluctuated between $7.41 and $7.65 before ending Thursday's session 0.13% higher at $7.53. The company's stock reported a trading volume of 0.67 million shares, below its three months average volume of 1.59 million shares. Over the previous three trading sessions and in the last one month, shares in Silver Standard Resources Inc. have fallen by 4.44% and 22.37%, respectively, although, the company's stock has gained 8.19% on YTD basis. Silver Standard Resources Inc.'s stock is trading below its 50-day and 200-day moving averages of $9.87 and $8.04, respectively. Furthermore, the company's shares have an RSI of 28.80. Sign up today to read free research on SSRI at:
http://www.investor-edge.com/2951-SSRI-23May2014.pdf
On Thursday, shares in Endeavour Silver Corp. recorded a trading volume of 0.55 million shares, below its three months average volume of 1.33 million shares. The stock finished the day at $4.12, which was 1.98% higher than its previous day's closing of $4.04, and registered an intraday range of $4.07 and $4.14. Endeavour Silver Corp.'s stock has lost 3.51% in the previous three trading sessions and 4.19% in the last one month. However, the company's shares have advanced 13.50% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $4.52 and $4.39, respectively. Moreover, the company's stock has an RSI of 39.03. Sign up today to read free research on EXK at:
http://www.investor-edge.com/2951-EXK-23May2014.pdf
Coeur Mining Inc.'s stock declined 0.51% on Thursday, closing the day at $7.81. The stock recorded a trading volume of 0.93 million shares, below its three months average volume of 1.61 million shares. The company's stock oscillated between $7.80 and $7.98 during the session. Shares in Coeur Mining Inc. have fallen by 2.74% in the previous three trading sessions, 9.19% in the last one month and 28.02% since the start of this year. Coeur Mining Inc.'s shares are trading below their 50-day and 200-day moving averages of $9.06 and $11.19, respectively. Additionally, the company's stock has an RSI of 33.71. Sign up today to read free research on CDE at:
http://www.investor-edge.com/2951-CDE-23May2014.pdf
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EDITOR'S NOTES:
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