|Day Low/High||9.63 / 10.24|
|52 Wk Low/High||4.59 / 9.98|
First Majestic Silver (NYSE:AG) has been downgraded by TheStreet Ratings from from a hold to sell.
First Majestic Silver (NYSE:AG) hit a new 52-week low Tuesday as it is currently trading at $13.34, below its previous 52-week low of $13.35 with 657,793 shares traded as of 1:05 p.m. ET. Average volume has been 726,800 shares over the past 30 days.
With the words 'quantitative easing' in the air, who knows how much higher the market can go.
The selling seems to be more about the dip-buyers losing interest than rushing for the exits.
Gold prices were gaining in a volatile trading session Friday as investors weighed low prices against signs of a strengthening U.S. economy.
Gold prices continued to fall Tuesday after more evidence of a looming recession in Europe sent equities tumbling and the dollar soaring.
Gold prices were recovering Thursday after Wednesday's 5% swoon resulted in the worst single-session loss in three years.
Gold prices were selling off Wednesday after Federal Reserve Chairman Ben Bernanke indicated that an additional round of quantitative easing was becoming increasingly unlikely.
As the dollar continues to struggle, these mining plays are all looking interesting.
Gold prices were rising Tuesday as investors shrugged off surging U.S. consumer confidence data and focused on the pending launch of a European refinancing operation.
I believe we'll see a higher level of defensiveness, and that will benefit precious metals.
Precious metals are down slightly, but the technical action looks promising.
Regardless of the outcome in the eurozone, gold and silver stocks should win out.
CEO of silver miner First Majestic, Keith Neumeyer, hopes investors will ignore the company production hiccup and focus on upcoming catalysts.
The drop in silver has created opportunities in silver mining stocks.
There are towns with better unemployment rates and housing prices out there, but these scarcely had to recover from the recession.
Sonora Resources Corp. (OTCBB: NATC) (“Sonora Resources” or the “Company”) is pleased to announce that effective April 15, 2011 the Company entered into a definitive option agreement with First...
Sign up to get started or log in to see your watchlist.
Enter a symbol above to add it to your watchlist.
A confirmation email has been sent to the address provided during registration. Please click on the appropriate link to confirm your email address.