Pre-Market Technical Briefing:Newmont Mining, Hecla Mining, First Majestic Silver, and Golden Star Resources
LONDON, December 13, 2013 /PRNewswire/ --
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On Thursday, December 12, 2013, the U.S. equity market edged lower with the S&P 500 ending the day at 1,775.50, down 0.38%; the Dow Jones Industrial Average closing at 15,739.43, down 0.66%; and the NASDAQ Composite finishing at 3,998.40, down 0.14%. The S&P 500 Materials Sector Index ended the day at 275.26, down 0.17%; and the S&P 500 Metals & Mining Industry Index edged 0.32% lower to close at 128.42. The S&P 500 Metals & Mining Industry Index advanced 3.00% in the previous three months, compared to a gain of 5.47% in the S&P 500 during the same period. The major movers in the industry included Newmont Mining Corporation (NYSE: NEM), Hecla Mining Company (NYSE: HL), First Majestic Silver Corporation (NYSE: AG), and Golden Star Resources Ltd (NYSE MKT: GSS). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:
http://www.aaaresearchreports.com/register/
Newmont Mining Corp.'s stock vacillated between $22.68 and $23.43 before ending Thursday's session 0.81% lower at $23.28. A total of 11.02 million shares were traded, which is above the daily average volume of 9.06 million. The company's shares have fallen by 1.36% in the previous three trading sessions, compared to a loss of 1.82% in the S&P 500, during the same period. Further, Newmont Mining Corp.'s stock is trading below its 50-day and 200-day moving averages of $26.33 and $31.16, respectively. Sign up for free report on NEM at:
http://www.AAAResearchReports.com/NEM121313.pdf
On Thursday, Hecla Mining Co.'s stock declined, as the broader market edged lower. The company's shares traded between $2.75 and $2.81 before closing the day 2.48% lower at the intra-day low of $2.75. A total of 3.52 million shares were traded, which is below the daily average volume of 4.98 million. The company's shares have fallen by 4.51% in the previous three trading sessions, underperforming the S&P 500, which has fallen by 1.82%, during the same period. Furthermore, Hecla Mining Co.'s stock is trading below its 50-day and 200-day moving averages of $3.07 and $3.35, respectively. HL free technical report can be accessed by signing up at:
http://www.AAAResearchReports.com/HL121313.pdf
Shares in First Majestic Silver Corp. finished the day at $9.39, down 2.19% from the previous day's closing price of $9.60. On Thursday, the company's shares fluctuated between $9.03 and $9.44 during the trading session. A total of 1.12 million shares were traded, which is below the daily average volume of 1.20 million. The company's shares have fallen by 0.95% in the previous three trading sessions, compared to a loss of 1.82% in the S&P 500, during the same period. Moreover, First Majestic Silver Corp.'s stock is trading below its 50-day and 200-day moving averages of $10.63 and $12.32, respectively. A free report on AG can be accessed by registering at:
http://www.AAAResearchReports.com/AG121313.pdf
On Thursday, shares in Golden Star Resources Ltd surged to end the day at $0.47, which is 4.50% higher than the previous day's closing price of $0.45. The company's shares vacillated between $0.44 and $0.47 during the trading session. A total of 1.20 million shares were traded, which is below the daily average volume of 2.78 million. The company's shares have gained 0.77% in the previous three trading sessions, outperforming the S&P 500, which has fallen by 1.82%, during the same period. Additionally, Golden Star Resources Ltd's stock is trading at its 50-day moving average of $0.47. Register with AAA Research Reports and download research on GSS for free at:
http://www.AAAResearchReports.com/GSS121313.pdf
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SOURCE AAA Research Reports
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