Wall Street Fundamentals Releases New In-Depth Stock Reports on AG, EXK, SLW and SSRI


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Companies Mentioned

NYSE:AG / NYSE:EXK / NYSE:SLW / NASDAQ:SSRI
12/05/2013 [ACCESSWIRE]

Silver prices rallied Wednesday despite upbeat economic data. Silver for March delivery gained roughly 4.0 percent, its largest spike since September 19th, to close at $19.830 a troy ounce on the Comex division of the New York Mercantile Exchange. Additionally, the iShares Silver Trust ETF (NYSEARCA: SLV) posted a gained of 3.15 percent Wednesday. Over the past few months, any economic data supporting a stronger U.S. economy would have pressured prices for gold and silver lower. "What we are seeing today may prove to be the early stage of another substantial short-covering rally into year-end," said Peter Grant, USAGold Chief Market Analyst.

First Majestic Silver Corp. (NYSE: AG) shares traded in the range of $8.82 to $9.49 Wednesday before settling to close at $9.46, an increase of 5.70 percent. The stock appears to be facing some resistance at the $9.96 and $10.42 levels with some support at $9.38. Shares of First Majestic Silver have fallen approximately 53.0 percent in 2013.

More information on First Majestic Silver and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/AG

Endeavour Silver Corp. (NYSE: EXK) shares traded in the range of $3.40 to $3.60 Wednesday before settling to close at $3.52, an increase of 2.92 percent. The stock appears to be facing some resistance at the $3.77 and $4.05 levels with some support at $3.47. Shares of Endeavour Silver have fallen approximately 55.0 percent in 2013.

More information on Endeavour Silver and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/EXK

Silver Wheaton Corp. (NYSE: SLW)(TSX: SLW) shares traded in the range of $19.39 to $20.22 Wednesday before settling to close at $20.00, an increase of 3.04 percent. The stock appears to be facing some resistance at the $20.62 and $22.21 levels with some support at $17.78. Shares of Silver Wheaton have fallen approximately 45.0 percent in 2013.

More information on Silver Wheaton and access to the free equity report can be found at:
www.WallStreetFundamentals.com/SLW

Silver Standard Resources Inc. (NASDAQ: SSRI)(TSX: SSO) shares traded in the range of $5.71 to $6.04 Wednesday before settling to close at $6.01 a share. The stock appears to be facing some resistance at the $6.23 and $6.49 levels with some support at $5.89. Shares of Silver Standard Resources have fallen approximately 60.0 percent in 2013.

More information on Silver Standard Resources and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/SSRI

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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com

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