[ACCESSWIRE]
LONDON, UK / ACCESSWIRE / July 5, 2016 / Active Wall St. announces its industry coverage on the following stocks within the Silver space: First Majestic Silver Corp. (NYSE: AG), Coeur Mining, Inc. (NYSE: CDE), and Fortuna Silver Mines Inc. (NYSE: FSM). Register with us now for your free membership and get more on our industry coverage at:
http://www.activewallst.com/register/
Silver Price Update
The price of silver continued its upward trajectory on Monday, July 04, 2016, climbing 3.6% to $20.29 an ounce, surging above $21 for a two-year high in intraday trading on the Asian markets, boosted by investors' search for safe places to park cash in the wake of Britain's decision to leave the EU. The precious metal is the best-performing major commodity of 2016, rising 47% so far. Silver is considered as a good hedge against inflation and it also holds an edge due to its extensive utilization in electronics, battery manufacturing and photovoltaic cells.
Silver prices have gone into overdrive since the Brexit vote with investors expecting stimulus measures from central banks. Last week, Bank of England governor, Mark Carney, said deteriorating economic outlook in the UK meant some monetary policy easing "will probably be required over the summer."
Active Wall St. takes a look at some of the major Silver Company listed in U.S. and how they can benefit once the stock market opens on July 05, 2016, following the long 4th of July weekend.
Today, AWS is promoting its coverage on AG, CDE, and FSM. Get all of our free coverage by signing up to http://www.activewallst.com/register/.
First Majestic Silver Corp.
On Friday, shares in First Majestic Silver Corp. recorded trading volume of 6.82 million shares, higher than its three months average volume of 5.60 million shares. First Majestic Silver' stock ended the trading session at $14.80, up 8.98%. The Vancouver, British Columbia headquartered company is trading 31.76% and 149.78% above its 50-day and 200-day moving average, respectively. First Majestic Silver's CEO, Keith Neumeyer, opined that the price of the white metal could soar to $140 per ounce within the next few years. The miner has extensive operations in Mexico, where it is the country's second-largest mining company.
The stock has gained 135.67% in the last three month and 352.60% on YTD basis. The stock also has a RSI of 71.73. Register for the free research on AG:
http://www.activewallst.com/registration-3/?symbol=AG
Coeur Mining, Inc.
Shares of Coeur Mining, Inc. finished last Friday's trading session 5.63% higher at $11.26. A total of 5.39 million shares were traded, which was above its three months average volume of 4.86 million shares. Over the last one month and the previous three months, the Chicago, Illinois based company's shares have gained 50.13% and 102.88%, respectively. Shares of the company, which owns, operates, explores for, and develops silver and gold properties and has extensive mines in Mexico and the U.S., are trading 35.88% above their 50-day average, while they are trading 44.33% above its 200-day moving average. Get access to free research on CDE:
http://www.activewallst.com/registration-3/?symbol=CDE
Fortuna Silver Mines Inc.
On Friday, July 01, 2016, shares Fortuna Silver Mines Inc. oscillated between $7.19 and $7.67 before closing the trading session 9.03% higher at $7.61. Fortuna Silver's share reported a trading volume of 1.43 million shares, above its three months average volume of 1.03 million shares. Shares of the Lima, Peru based Fortuna Silver have advanced 97.15% in the previous three months and 238.22% on YTD basis. Shares of the company, which engages in the exploration, extraction, and processing of mineral properties in Latin America, are trading 23.64% and 102.45% above its 50-day and 200- day moving averages, respectively. Sign up for more on FSM:
http://www.activewallst.com/registration-3/?symbol=FSM
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SOURCE: Active Wall Street