NEW YORK, December 30, 2016 /PRNewswire/ --
Companies in the Silver industry mine and stream for silver, look for other precious or non-precious metals also such as copper, zinc, and nickel. Most of these firms are structured as corporations, and offer below-average dividend yields due to the inherently volatile nature of commodity prices. Pre-market, Stock-Callers.com scans the performances of these four stocks: Pan American Silver Corp. (NASDAQ: PAAS), Endeavour Silver Corp. (NYSE: EXK), Silver Standard Resources Inc. (NASDAQ: SSRI), and Fortuna Silver Mines Inc. (NYSE: FSM). Learn more about these stocks by downloading their free research reports in PDF format at: http://stock-callers.com/registration
Pan American Silver
On Thursday, shares in Vancouver, Canada headquartered Pan American Silver Corp. recorded a trading volume of 2.22 million shares. The stock ended the day at $15.71, jumping 6.80% from the last trading session. The Company's shares have surged 142.57% since the start of this year. The stock is trading below its 200-day moving average by 2.17%. Furthermore, shares of Pan American Silver, which engages in the exploration, acquisition, development, and operation of silver properties, have a Relative Strength Index (RSI) of 50.18.
On December 27th, 2016, Pan American Silver announced that it has acquired ownership and control of an additional 10,000,000 common shares of Maverix Metals Inc. through the exercise of 10,000,000 previously acquired common share purchase warrants with an exercise price of US$0.546 per common share on December 23rd, 2016, for gross proceeds to Maverix of US$5,460,000. Sign up and read the free research report on PAAS at: http://stock-callers.com/registration/?symbol=PAAS
Vancouver, Canada headquartered Endeavour Silver Corp.'s stock soared 13.04%, finishing yesterday's session at $3.90. A total volume of 3.39 million shares was traded, which was above their three months average volume of 2.29 million shares. The Company's shares have gained 0.78% in the last month and 174.65% on an YTD basis. The stock is trading below its 50-day moving average by 2.28%. Additionally, shares of Endeavour Silver, which engages in acquisition, exploration, development, extraction, processing, refining, and reclamation of mining properties in Mexico and Chile, have an RSI of 55.68.
On December 13th, 2016, Endeavour Silver announced that exploration drill programs on the El Compas property in Zacatecas State and the Terronera property in Jalisco State, Mexico have discovered new high-grade, silver-gold mineralized zones within recently identified epithermal quartz veins on each property. These two drill programs are being conducted as part of two ongoing economic studies, a preliminary economic assessment for El Compas and a pre-feasibility study for Terronera, to evaluate the potential for advancing each of these two development projects to production. The complimentary research report on EXK can be downloaded at: http://stock-callers.com/registration/?symbol=EXK
Silver Standard Resources
Shares in Vancouver, Canada-based Silver Standard Resources Inc. ended Thursday's session 7.83% higher at $9.50. The stock recorded a trading volume of 2.57 million shares, which was above its three months average volume of 1.88 million shares. The Company's shares have gained 83.40% since the start of this year. The stock is trading 5.24% below its 50-day moving average. Moreover, shares of Silver Standard Resources, which engages in the acquisition, exploration, development, and operation of precious metal resource properties in the Americas, have an RSI of 53.98.
On November 18th, 2016, Gold Fields Ltd announced that Silver Standard Resources and the Company have withdrawn their latest joint proposal to acquire all of the outstanding shares of Kirkland Lake Gold Inc. in a negotiated transaction. Register for free on Stock-Callers.com and access the latest report on SSRI at: http://stock-callers.com/registration/?symbol=SSRI
Fortuna Silver Mines
At the close, Vancouver, Canada headquartered Fortuna Silver Mines Inc.'s stock rose 10.61%, finishing at $6.15. A total volume of 2.12 million shares was traded, which was higher than their three months average volume of 1.45 million shares. The Company's shares have skyrocketed 173.33% on an YTD basis. The stock is trading 2.13% below its 50-day moving average. Additionally, shares of Fortuna Silver Mines, which engages in the exploration, extraction, and processing of mineral properties in Latin America, have an RSI of 55.73.
On December 08th, 2016, Fortuna Silver Mines announced the appointment of Mr. Alfredo Sillau to its Board of Directors. Mr. Sillau is Managing Partner, CEO, and Director of Faro Capital, an investment management firm that manages private equity and real estate funds. Mr. Sillau is a Harvard graduate and board member of Cosapi S.A., the second largest engineering and construction firm in Peru, and of Pecsa S.A., a company that operates gas stations in Peru. The Company also promoted Mr. Eric Chapman, Corporate Head of Technical Services of Fortuna, to the new position of Vice President of Technical Services effective January 01st, 2017. Get free access to your research report on FSM at: http://stock-callers.com/registration/?symbol=FSM
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