Technical Scrutiny: Newmont Mining Corp., Golden Star Resources Ltd, Hecla Mining Co., and First Majestic Silver Corp.
LONDON, August 27, 2013 /PRNewswire/ --
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On August 26, 2013, the U.S. equity market ended on a lower note with the S&P 500 falling by 0.40% to end the day at 1,656.78, and the NASDAQ Composite finishing almost flat at 3,657.57, down 0.01%. Shares in precious metals companies ended mostly on a higher note, even as the broader market edged lower. The major movers in the sector included Newmont Mining Corporation (NYSE: NEM), Golden Star Resources Ltd. (NYSE MKT: GSS), Hecla Mining Company (NYSE: HL), and First Majestic Silver Corporation (NYSE: AG). AAAResearchReports.com has tracked NEM, GSS, HL, and AG. These reports can be seen for free at:
http://www.aaaresearchreports.com/register/
Newmont Mining Corporation's shares edged higher on Monday, extending their gains from the previous trading session. The company's shares oscillated between $32.77 and $33.84 before finishing the day 0.88% higher at $33.29. A total of 7.49 million shares were traded, which is below the daily average volume of 9.12 million. The company's shares have gained 4.55% in the last three trading sessions and 9.58% in the last one month, outperforming the S&P 500 which has gained 0.85% and lost 2.06% during the respective periods. Furthermore, Newmont Mining Corporation's stock is currently trading above its 50-day moving average. Download free research on NEM by signing up now at:
http://www.AAAResearchReports.com/NEM082713.pdf
Golden Star Resources Ltd's stock fell sharply on Monday as the broader market declined. The company's shares ended the day at $0.73, down 2.88%, after fluctuating between $0.71 and $0.76. A total of 2.23 million shares were traded, which is below the daily average volume of 3.20 million. Despite Monday's pullback, the company's stock has gained 36.64% in the last one month, compared to a loss of 2.06% in the S&P 500 during the same period. Further, Golden Star Resources Ltd's stock is trading above its 50-day moving average. Register for today's free analysis on GSS at:
http://www.AAAResearchReports.com/GSS082713.pdf
On Monday, Hecla Mining Company's shares closed flat on Monday, after rising sharply in the previous trading session. After fluctuating between $3.80 and $3.96, the company's shares ended the day at previous day's closing of $3.84. A total of 7.44 million shares were traded which is marginally above the daily average volume of 7.30 million. The stock has advanced 6.37% in the previous three days and 15.66% in the last one month, compared to a gain of 0.85% and loss of 2.06% in the S&P 500 during the respective periods. Moreover, the stock is now trading above its 50-day moving average of $3.17. A free report on HL can be accessed by registering at:
http://www.AAAResearchReports.com/HL082713.pdf
Shares in First Majestic Silver Corporation rose sharply on Monday, extending their gains from previous trading sessions. The company's shares traded between $15.59 and $16.06 before closing the day 2.20% higher at $15.77. A total of 1.43 million shares were traded, which is above the daily average volume of 1.24 million. The company's shares have gained 18.39% in the last one month and 52.07% in the last three months, outperforming the S&P 500 during the respective period. Additionally, First Majestic Silver Corporation's stock is trading above its 50-day and 200-day moving averages. Register with AAA Research Reports and download research on AG for free at:
http://www.AAAResearchReports.com/AG082713.pdf
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SOURCE AAA Research Reports
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