NEW YORK, October 20, 2016 /PRNewswire/ --
Stock-Callers.com is assessing the most recent performances of the following Silver equities: Hecla Mining Co. (NYSE: HL), First Majestic Silver Corp. (NYSE: AG), Coeur Mining Inc. (NYSE: CDE), and Silver Wheaton Corp. (NYSE: SLW). On Wednesday, October 19, 2016, weak overseas trend had Silver prices drifting lower by 0.08% to Rs 42,141 per kg in the futures market. Learn more about these stocks by downloading their free research reports in PDF format at: http://stock-callers.com/registration
On Wednesday, shares in Coeur d'Alene, Idaho-based Hecla Mining Co. recorded a trading volume of 9.65 million shares. The stock ended the day at $6.06, climbing 2.19%. The Company's shares have gained 6.88% in the last one month, 0.37% over the previous three months, and 221.37% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.34% and 42.68%, respectively. Furthermore, shares of Hecla Mining, which together with its subsidiaries, discovers, acquires, develops, produces, and markets precious and base metal deposits worldwide, have a Relative Strength Index (RSI) of 59.37.
On October 18th, 2016, Hecla Mining reported Silver production of 4,316,664 ounces in Q3 2016, a 67% increase compared to Q3 2015. The company produced 52,126 ounces of Gold in the reported quarter, a 20% increase compared to Q3 2015. Hecla Mining increased silver production estimate for FY16 to 16.25 million ounces, from 15.75. Sign up and read the free research report on HL at: http://stock-callers.com/registration/?symbol=HL
First Majestic Silver
Vancouver, Canada headquartered First Majestic Silver Corp.'s stock finished yesterday's session 3.40% higher at $8.51 and with a total trading volume of 6.53 million shares. The Company's shares have gained 160.24% on an YTD basis. The stock is trading below its 200-day moving average by 13.45%. Furthermore, shares of First Majestic Silver, which engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver projects in Mexico, have an RSI of 34.45.
On October 13th, 2016, First Majestic Silver announced that total production in Q3 2016 from its six operating silver mines reached 4.5 million silver equivalent ounces. Total production consisted of 3.1 million ounces of silver, 14,452 ounces of gold, 8.0 million pounds of lead and 1.5 million pounds of zinc. Total ore processed during Q3 2016 amounted to 838,233 tonnes, reflecting a 5% increase compared to the previous quarter. The complimentary research report on AG can be downloaded at: http://stock-callers.com/registration/?symbol=AG
At the closing bell, shares in Chicago, Illinois-based Coeur Mining Inc. rose 1.78%, ending the day at $11.44. The stock recorded a trading volume of 5.02 million shares. The Company's shares have surged 361.29% since the start of this year. The stock is trading 33.10% above its 200-day moving average. Moreover, shares of Coeur Mining, which owns, operates, explores for, and develops silver and gold properties, have an RSI of 45.50.
On October 03rd, 2016, research firm Deutsche Bank upgraded the Company's stock rating from 'Sell' to 'Hold'. The research firm also revised upwards its previous target price from $7.50 to $11.
On October 06th, 2016, Coeur Mining announced Q3 2016 production of 3.5 million ounces of silver and 84,871 ounces of gold, or 8.6 million silver equivalent1 ounces. Coeur Mining is raising its 2016 production guidance to 34.4 million - 37.0 million silver equivalent1 ounces from 33.8 - 36.8 million silver equivalent ounces. The company will report its full operational and financial results for Q3 2016 on October 26th, 2016 after the NYSE closes. Register for free on Stock-Callers.com and access the latest report on CDE at: http://stock-callers.com/registration/?symbol=CDE
Vancouver, Canada headquartered Silver Wheaton Corp.'s stock ended the day 1.16% higher at $24.36. A total volume of 6.62 million shares was traded, which was above their three months average volume of 5.64 million shares. The Company's shares have gained 97.55% on an YTD basis. The stock is trading 17.85% above its 200-day moving average. Additionally, shares of Silver Wheaton, which operates as a precious metals streaming company worldwide, have an RSI of 44.59.
On October 13th, 2016, Silver Wheaton announced that it will release Q3 2016 results on November 9th, 2016, after market close. A conference call will be held on November 10th, 2016, starting at 11:00 am ET to discuss these results. Get free access to your research report on SLW at: http://stock-callers.com/registration/?symbol=SLW
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