Today's Research: Newmont Mining, Hecla Mining, Golden Star Resources, and First Majestic Silver
LONDON, January 14, 2014 /PRNewswire/ --
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On Monday, January 13, 2014, the U.S. equity market finished the day on a lower note as the S&P 500 ended the day at 1,819.20, down 1.26%; the Dow Jones Industrial Average closed at 16,257.94, down 1.09%; and the NASDAQ Composite finished at 4,113.31, down 1.47%. The S&P 500 Materials Sector Index declined 1.42%, to close at 284.17. The S&P 500 Metal and Mining Industry Index ended the day at 132.77, down 1.32%; and the same has gained 2.84% in the last one month and 6.84% in the previous three months, outperforming the S&P 500, which has gained of 2.47% and 6.81% during the respective periods. The major movers in the industry included Newmont Mining Corporation (NYSE: NEM), Hecla Mining Company (NYSE: HL), Golden Star Resources Ltd (NYSE MKT: GSS), and First Majestic Silver Corporation (NYSE: AG). AAAResearchReports.com has completed their technical analysis on NEM, HL, GSS, and AG and these free reports are accessible by registering at:
On Monday, shares in Newmont Mining Corp. ended the day at $23.88, which is 0.34% higher than the previous day's closing price of $23.80. The company's shares fluctuated between $23.53 and $23.96 during the trading session. A total of 8.47 million shares were traded, which is below the daily average volume of 9.10 million. The company's shares have gained 2.05% in the previous three trading sessions and 2.58% in the last one month, outperforming the S&P 500, which has fallen by 1.00% and has gained 2.47% during the respective periods. However, Newmont Mining Corp.'s stock is trading below its 50-day and 200-day moving averages of $24.87 and $29.49, respectively. Sign up for free technical research on NEM at:
Hecla Mining Co.'s stock gained 2.23% on Monday, closing the day at $3.21. The company's shares have oscillated between $3.08 and $3.21 during the trading session. A total of 6.47 million shares were traded, which is above the daily average volume of 4.81 million. The company's shares have gained 15.88% in the last one month and 5.59% in the previous three months, compared to gain of 2.47% and 6.81% in the S&P 500 during the respective periods. Additionally, Hecla Mining Co.'s stock is trading above its 50-day moving average of $2.96. Be sure to read our latest technical research on HL by registering at:
On Monday, shares in Golden Star Resources Ltd advanced to finish the day at $0.50, up 1.81% from the previous day's closing price of $0.49. The company's shares vacillated between $0.49 and $0.52 during the trading session. A total of 2.31 million shares were traded, which is above the daily average volume of 2.05 million. The company's shares have surged 11.27% in the last one month and 22.12% in the previous three months, outperforming the S&P 500, which has gained 2.47% and 6.81% during the respective periods. Moreover, Golden Star Resources Ltd's stock is trading above its 50-day moving average of $0.48. Sign up and read the complimentary report on GSS at:
First Majestic Silver Corp's stock traded between $10.41 and $10.88 before ending Monday's session 2.27% higher at $10.81. A total of 1.59 million shares were traded, which is above the daily average volume of 1.06 million. The company's shares have gained 2.95% in the previous three trading sessions and 12.96% in the last one month, outperforming the S&P 500, which has fallen by 1.00% and has gained 2.47% during the respective periods. Furthermore, First Majestic Silver Corp.'s stock is trading above its 50-day moving average of $9.99. The free report on AG can be downloaded by signing up now at:
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SOURCE AAA Research Reports