LONDON, December 6, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
On Thursday, December 05, 2013, the US equity market edged lower, as the S&P 500 ended the day at 1,785.03, down 0.43%. The Dow Jones Industrial Average closed at 15,821.51, down 0.43% and the NASDAQ Composite finished at 4,033.17, down 0.12%. Furthermore, the S&P 500 Materials Sector Index ended the day at 274.43, down 0.64%, whilst the S&P 500 Metals & Mining Industry Index lost 0.61% to close at 129.12. The latter edged up 0.12% in the previous three trading sessions, outperforming the S&P 500, which has lost 0.88% during the same period.The major movers in the industry included Pan American Silver Corp.(NASDAQ: PAAS),Silver Standard Resources Inc.(NASDAQ: SSRI),Silvercorp Metals Inc.(NYSE: SVM), and Fortuna Silver Mines Inc.(NYSE: FSM). All these companies are tracked by AAAResearchReports.com. Free technical research on PAAS, SSRI, SVM, and FSM can be downloaded upon signing up at:
http://www.aaaresearchreports.com/register/
Pan American Silver Corp.'s stock plummeted on Thursday, tracking losses in the broader market. The company's shares ended the day 2.75% lower at $10.25, after fluctuating between $10.21 and $10.50 during the trading session. A total of 1.76 million shares were traded, which is below the daily average volume of 2.55 million. The company's shares have gained 0.89% in the previous three trading sessions, outperforming the S&P 500, which has lost 0.88% during the same period. However, Pan American Silver Corp.'s stock is trading below its 50-day and 200-day moving averages of $10.51 and $12.52, respectively. Sign up and read the complimentary report on PAAS at:
http://www.AAAResearchReports.com/PAAS120613.pdf
On Thursday, Silver Standard Resources Inc.'s stock finished the day at $5.92, down 1.50% from the previous day's closing price of $6.01. The company's shares vacillated between $5.78 and $6.11 during the trading session. A total of 1.25 million shares were traded, which is below the daily average volume of 1.62 million. Despite Thursday's pullback, the company's shares have gained 4.32% in the previous three trading sessions and 2.07% in the last one month, outperforming the S&P 500, which has lost 0.88% and has gained 1.25% during the respective periods. Further, Silver Standard Resources Inc.'s stock is trading above its 50-day moving average of $5.90. The free report on SSRI can be downloaded by signing up now at:
http://www.AAAResearchReports.com/SSRI120613.pdf
Shares in Silvercorp Metals Inc. oscillated between $2.36 and $2.48 before closing Thursday's session 0.83% lower at $2.40. A total of 0.77 million shares were traded, which is below the daily average volume of 1.15 million. The company's shares have lost 0.41% in the previous three trading sessions, outperforming the S&P 500, which has lost 0.88% during the same period. Furthermore, Silvercorp Metals Inc.'s stock is trading below its 50-day and 200-day moving averages of $2.97 and $3.14, respectively. A free report on SVM can be accessed by registering at:
http://www.AAAResearchReports.com/SVM120613.pdf
Fortuna Silver Mines Inc.'s stock declined 2.41% on Thursday, closing the day's session at $2.84, after vacillating between $2.78 and $2.89 during the trading session. A total of 0.13 million shares were traded, which is below the daily average volume of 0.21 million. The company's shares have declined 8.97% in the previous three trading sessions, underperforming the S&P 500, which has lost 0.88% during the same period. Moreover, Fortuna Silver Mines Inc.'s stock is trading below its 50-day and 200-day moving averages of $3.62 and $3.61, respectively. Register with AAA Research Reports and download research on FSM for free at:
http://www.AAAResearchReports.com/FSM120613.pdf
----
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE AAA Research Reports
