EdgeWater 10/27/2010 9:42:25 PM
News / Business

Silver Stocks to Watch (HL, SLW, PAAS, SVM)

Silver Stocks to Watch

Hecla Mining Company (NYSE:HL) went up 0.88% to $6.90. The company announced that for fiscal 2010, it reiterates production guidance of between 10 million and 11 million ounces of silver.

The stock opened at $6.77 and traded within the range of $6.63-$6.94. The stock went up more than 10% year-to-date. 

Silver Wheaton Corp. (USA) (NYSE:SLW) slid 0.07% to $27.31. Silver Wheaton Corp. is a mining company, which generates its revenue primarily from the sale of silver. As of December 31, 2009, the Company had entered into 13 long-term silver purchase agreements and two long-term precious metal purchase agreements.

Over the past 52-week, the stock had traded within the range of $11.86-$28.39. 

Pan American Silver Corp. (USA) (NASDAQ:PAAS) dropped 0.54% to $31.15. 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 $30.90 and traded within the range of $29.27-$31.63. The stock created its fresh one-year high of $31.63.

Silvercorp Metals Inc. (USA) (NYSE:SVM) added 0.88% to $9.19. Silvercorp Metals Inc. is a silver producing company. During the fiscal year ended March 31, 2010 (fiscal 2010), Silvercorp mined 406,754 tons of ore. In fiscal 2010, the Company produced and sold 4.6 million ounces of silver, 62.4 million pounds of lead and 14.7 million pounds of zinc.

The stock went up more than 39% year-to-date.

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