20.04.2017 12:25:00

Technical Roundup on Silver Stocks -- Endeavour Silver, Silver Standard, Pan American, and Fortuna Silver

NEW YORK, April 20, 2017 /PRNewswire/ --

For evaluation on Stock-Callers.com this morning are these four Silver stocks: Endeavour Silver Corp. (NYSE: EXK), Silver Standard Resources Inc. (NASDAQ: SSRI), Pan American Silver Corp. (NASDAQ: PAAS), and Fortuna Silver Mines Inc. (NYSE: FSM). According to an article on Financial Times, silver has lagged behind gold by 3% since the start of April. Geopolitical concerns, lower bond yields, and a weaker dollar have boosted both metals. Sign up today and download for free the research reports for the stocks covered today at:

http://stock-callers.com/registration

Endeavour Silver  

Vancouver, Canada headquartered Endeavour Silver Corp.'s stock finished Wednesday's session 3.44% lower at $3.09. A total volume of 4.08 million shares was traded, which was above their three months average volume of 2.38 million shares. The Company's shares are trading 16.93% below their 50-day moving average. Additionally, shares of Endeavour Silver, which engages in evaluation, acquisition, exploration, development, extraction, processing, refining, and reclamation of silver mining properties in Mexico and Chile, have a Relative Strength Index (RSI) of 37.52.

On April 05th, 2017, research firm Raymond James upgraded the Company's stock rating from 'Market Perform' to 'Outperform'.

On April 11th, 2017, Endeavour Silver reported its production results for Q1 2017 from the Company's three silver-gold mines in Mexico: the Guanaceví mine in Durango State, and the Bolañitos and El Cubo mines in Guanajuato State. Silver production in Q1 2017 was 1,076,974 oz., and gold production was 11,724 oz., resulting in silver equivalent production of 1.9 million oz. using a 70:1 silver gold ratio. EXK complete research report is just a click away at:

http://stock-callers.com/registration/?symbol=EXK


Silver Standard  

On Wednesday, shares in Vancouver, Canada-based Silver Standard Resources Inc. recorded a trading volume of 2.71 million shares, which was above their three months average volume of 2.12 million shares. The stock ended the session 3.81% lower at $10.36. The Company's shares have advanced 4.33% in the previous three months and 16.14% on an YTD basis. The stock is trading 4.90% 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 41.17.

On April 12th, 2017, Silver Standard Resources announced that the Company will release its Q1 2017 consolidated financial results on Wednesday, May 03rd, 2017, after markets close. The conference call and webcast is scheduled on Thursday, May 04th, 2017, at 11:00 a.m. ET, and will be available on the Company's website. The complimentary report on SSRI can be downloaded at:


http://stock-callers.com/registration/?symbol=SSRI


Pan American  

Vancouver, Canada headquartered Pan American Silver Corp.'s shares closed the day 3.47% lower at $18.10. The stock recorded a trading volume of 2.34 million shares, which was higher than its three months average volume of 1.89 million shares. The Company's shares have gained 5.23% in the last month and 20.26% on an YTD basis. The stock is trading 2.45% above its 200-day moving average. Additionally, shares of Pan American Silver, which engages in the exploration, acquisition, development, and operation of silver properties, have an RSI of 49.16.

On March 22nd, 2017, Pan American Silver filed its 2016 audited annual financial statements and management's discussion and analysis ("Statements"), together with its 2016 Annual Information Form ("AIF"), with the applicable Canadian securities regulatory authorities on SEDAR. The Company has also filed the Statements and AIF with the US SEC on EDGAR by way of its Annual Report on Form 40-F.

On March 31st, 2017, research firm BMO Capital Markets downgraded the Company's stock rating from 'Outperform' to 'Market Perform' while revising its previous target price from $21 a share to $19 a share. Sign up for your complimentary report on PAAS at:

http://stock-callers.com/registration/?symbol=PAAS


Fortuna Silver  

Shares in Vancouver, Canada headquartered Fortuna Silver Mines Inc. finished 4.08% lower at $4.94. The stock recorded a trading volume of 3.12 million shares, which was higher than its three months average volume of 1.85 million shares. The Company's shares are trading below their 50-day moving average by 11.14%. Furthermore, shares of Fortuna Silver Mines, which engages in the exploration, extraction, and processing of mineral properties in Latin America, have an RSI of 37.19.

On March 31st, 2017, research firm BMO Capital Markets upgraded the Company's stock rating from 'Market Perform' to 'Outperform'.

On April 18th, 2017, Fortuna Silver Mines announced Q1 2017 production results from its two operating mines in Latin America - the San Jose Mine in Mexico and the Caylloma Mine in Peru. The Company produced 2.0 million ounces of silver, 13,200 ounces of gold, plus base metal by-products. It is on schedule to produce 8.1 million ounces of silver and 52.4 thousand ounces of gold or 11.2 million Ag Eq ounces in 2017. Download the research report for free on FSM at:

http://stock-callers.com/registration/?symbol=FSM

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Aktien in diesem Artikel

Endeavour Silver Corp. 4,14 2,88% Endeavour Silver Corp.
Fortuna Silver Mines Inc. 4,45 -2,63% Fortuna Silver Mines Inc.
Pan American Silver Corp. 22,81 4,11% Pan American Silver Corp.