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Silver Stocks

Agnico Eagle acquires Mexico-focused silver explorer

Investors in Soltoro Ltd., (TSXV:SOL) a small-cap explorer focused in Mexico, were awarded handsomely on Friday after an announced take-over by Canadian gold producer Agnico Eagle Mines Ltd. (NYSE, TSX:AEM). Shares in Soltoro rocketed 40.48 percent to 28.5 cents a share on the Toronto Venture Exchange, upon the news that

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Hecla grabs Montana silver-copper deposit through $20 million merger

Hecla Mining (NYSE:HL) has expanded its operations in the western United States with the purchase on Friday of Revett Minerals (TSX:RVM) in an all-stock deal worth $20 million. Hecla, the largest silver producer in the United States with the Greens Creek project in Alaska, the Lucky Friday Mine in Idaho

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Outlook: Gold And Silver Mining Companies

Rising mining costs and low prices have plagued the gold and silver miners for more than 2 yrs, and share prices have dropped by 50% to 75% over that time for the miners we follow. The Big Q: will the bleeding will continue, or it will slow down in Y

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Silver Price, Stocks Rebound Following Swiss Vote

December has only just begun, but already silver has seen some exciting price action, largely due to Switzerland’s recent referendum on gold. Swiss voters took to the polls on Sunday to decide whether the Swiss National Bank should increase its gold reserves, with an overwhelming majority — 78 percent —

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New Gold to buy Bayfield; Scorpio and US Silver & Gold to merge

The precious metals sector in Canada, which has been battered by the plunge in gold and silver prices, received a small spot of positive news on Monday, with the announcement of two separate M&A deals. Investment bankers and industry insiders believe more such deals will be needed for miners, whose

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3 Reasons to buy Silver now

We’re looking at one of the best silver investing opportunities of the year right now. You see, silver took a hit in July, sinking 3% after an unseasonal June rally. This decline, though, is not a bad thing – it’s a great opportunity to buy silver. With silver trading at just under $20, there’s a

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What’s behind Silver’s recent Performance?

Silver prices are down slightly to open the week, but have barely budged this morning (Tuesday) as foreign policy tensions heighten over Russian sanctions and clashes in the Gaza Strip. New York Spot silver was trading at $20.56 an ounce by 5:15 p.m. EDT yesterday (Monday), when silver trading halts temporarily until

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Gold and Silver stocks: It’s old turkey time

Those familiar with Jesse Livermore and the book Reminiscences of a Stock Operator know who Old Turkey is. He was Mr. Partridge, an old trader who dispensed great wisdom in few words. Those at the office nicknamed him Turkey because of the way in which he strutted around with his

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Increased Volatility in Silver Expected

For those who may not closely follow silver prices it may come as a surprise to learn that 2013 was the worst performing year in more than three decades. Prices fell an astonishing 36% before finding support near $18.50. Since July 2013, the story has been one of extreme volatility.

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Gold and Silver Stocks Begin Oversold Bounce

The bottoming process for gold and silver shares has been arduous as they’ve oscillated back and forth for almost a year. We noted a month ago that the failed breakout in March was strong evidence that an interim top was in place. Heading into this week it looked like the

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Precious Metals May see a Temporary Move Higher

Generally, everything that we wrote in our previous alerts remains up-to-date – precious metals are likely to move lower in the coming weeks – and the thing that we would like to emphasize today is that even if we see an upward correction, it will likely not be anything more

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Gold and Silver from Bearish to more Bearish

The decline in the precious metals sector continues, as indicated in the previous alerts. Gold and silver stocks have declined once again and appear to be headed lower also today. Did yesterday’s price action change anything? Today we will start with silver and mining stocks. The reason that we’re starting

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Longest Slump in Silver Futures in 13 years

Silver futures posted the longest slump in 13 years and gold dropped to a six-week low as signs of an improving US economy cut demand for haven assets. After a surprise rally drove silver and gold prices as much as 16 percent higher in 2014, investors are back to shunning the

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Gold and Silver Prices testing Critical Technical Support Levels

Gold and silver are testing key technical support levels this week. Some analysts have already flipped their outlook to bearish over the past few days, but I believe the uptrend remains intact as long as current support levels are not breached. Goldman Sachs has predicted new lows for gold in

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Silver Wheaton Stock Down as Profits Fell 47%

Canada’s Silver Wheaton stock traded around $28 after reporting a 47 percent fall in quarterly profit, hurt by a decline in metal prices, but forecast slightly higher production for the current year. The Vancouver-based company provides streaming deals, in which miners get cash upfront in exchange for agreeing to sell metal

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