SSRI Crosses Below Key Moving Average Level

In trading on Thursday, shares of Silver Standard Resources, Inc. (SSRI) crossed below their 200 day moving average of $8.61, changing hands as low as $8.47 per share. Silver Standard Resources, Inc. shares are currently trading off about 3% on the day. The chart below shows the one year performance of SSRI shares, versus its 200 day moving average:

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Silver Standard Resources, Inc. 200 Day Moving Average Chart

Looking at the chart above, SSRI's low point in its 52 week range is $5.18 per share, with $12.21 as the 52 week high point — that compares with a last trade of $8.51.

According to the ETF Finder at ETF Channel, SSRI makes up 3.53% of the Junior Gold Miners ETF ( GDXJ) which is trading lower by about 0.2% on the day Thursday.

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