Edgewater 10/14/2010 12:00:01 AM
News / Stocks

Silver Stocks Rallying (HL, SLW, PAAS, SSRI)

Silver Stocks on the run

Hecla Mining Company (NYSE:HL) advanced 2.10% to $6.82. Hecla Mining Company is engaged in discovering, acquiring, developing, producing, and marketing silver, gold, lead and zinc. The Company produces lead, zinc and bulk concentrates, which it sells to custom smelters, and unrefined gold bullion bars (dore), which may be sold as dore or further refined before sale to precious metals traders.

The stock opened at $6.78 and traded within the range of $6.76-$6.82. The stock went up more than 9% year-to-date.  

Silver Wheaton Corp. (USA) (NYSE:SLW) jumped 1.98% to $27.28. The company will release the third quarter financial results on Monday, November 8, 2010, after close of trading.

Over the past 52-week, the stock had traded within the range of $11.86-$27.31.  

Pan American Silver Corp. (USA) (NASDAQ:PAAS) climbed 1.63% to $30. Pan American Silver Corp. is engaged in silver mining and related activities, including exploration, extraction, processing, refining and reclamation. The Company’s primary product (silver) is produced in Peru, Mexico, Argentina and Bolivia.

The stock opened at $29.89 and traded within the range of $29.87-$30.02. The stock went up more than 26% year-to-date.

Silver Standard Resources Inc. (USA) (NASDAQ:SSRI) added 3.58% to $23.41. Silver Standard Resources Inc. is a silver resource company that assembled a portfolio of silver-dominant projects located in seven countries in the Americas and Australia. The Company’s project, Pirquitas Project is focused on operating and producing silver.

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