LONDON, September 16, 2013 /PRNewswire/ --
The U.S. equity market posted gains on Friday, September 13, 2013, with the S&P 500, the Dow Jones Industrial Average and the NASDAQ Composite rising 0.27%, 0.49% and 0.17%, respectively. Shares in the silver industry ended mostly on a higher note as the broader market edged higher. The major movers in the sector included Pan American Silver Corporation (NASDAQ: PAAS), Silvercorp Metals Inc. (NYSE: SVM), Silver Standard Resources Inc. (NASDAQ: SSRI), and Fortuna Silver Mines Inc. (NYSE: FSM). All these companies are tracked by AAAResearchReports.com. Free technical research reports on PAAS, SVM, SSRI, and FSM can be accessed by signing up at:
On Friday, Pan American Silver Corp.'s stock edged higher, tracking gains in the broader market. The company's shares vacillated between $11.03 and $11.43 before finishing the day 0.27% higher at $11.16. A total of 4.76 million shares were traded, which is above the daily average volume of 2.63 million. The company's shares have lost 3.54% in the previous three trading sessions, underperforming the S&P 500 which has gained 0.24% during the same period. Furthermore, Pan American Silver Corp.'s stock is trading below its 50-day and 200-day moving averages of $12.45 and $14.69, respectively. Download free report on PAAS upon registration at:
Shares in Silvercorp Metals Inc. plummeted on Friday, extending their losses from the previous trading session. The company's shares oscillated between $3.16 and $3.36 before finishing the day 2.37% lower at $3.30. A total of 1.92 million shares were traded, which is above the daily average volume of 1.19 million. Despite Tuesday's sharp decline, the company's shares have gained 14.98% in the last three months, compared to a gain of 3.77% in S&P 500 during the same period. Moreover, Silvercorp Metals Inc.'s stock is trading above its 50-day moving average of $3.27. SVM technical report can be accessed for free by signing up at:
Silver Standard Resources Inc.'s stock moved higher on Friday as the broader market ended the week on a higher note. The company's shares oscillated between $6.93 and $7.24 before closing the day at $7.16, up 0.70% from the previous day's closing price of $7.11. A total of 1.64 million shares were traded, which is above the daily average volume of 1.38 million. The company's shares have lost 0.83% in the last three months, compared to a gain of 3.77% in the S&P 500 during the same period. Moreover, Silver Standard Resources Inc.'s shares are trading below their 50-day and200-day moving average of $7.77 and $9.54, respectively. A free report on SSRI can be accessed by registering at:
On Friday, Fortuna Silver Mines Inc.'s shares closed the day at $3.78, which is 1.07% higher than the previous day's price of $3.74. The company's shares oscillated between $3.63 and $3.85 during the trading session. A total of 0.20 million shares were traded, which is below the daily average volume of 0.25 million. The company's shares have gained 5.29% in the last three months, outperforming the S&P 500 which has advanced 3.77% during the same period. Further, the company's stock is trading at par with its 50-day moving average of $3.78. Register with AAA Research Reports and download research on FSM for free at:
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