Wall Street Fundamentals Releases New In-Depth Stock Reports on CDE, EXK, HL and SVM


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Companies Mentioned

NYSE:CDE / NYSE:EXK / NYSE:HL / NYSE:SVM
02/06/2014 [ACCESSWIRE]

Precious metal prices spiked Wednesday as disappointing employment numbers raised speculation that the Federal Reserve would continue on with stimulus measures. The iShares Silver Trust ETF (NYSEARCA: SLV) gained 1.71 percent to close at 19.07. On Wednesday, Automatic Data Processing Inc. and Moody's Analytics reported U.S. businesses added 175,000 jobs in January, which was below economists’ forecasts of 189,000 jobs according to Dow Jones Newswires. The Bureau of Labor Statistics' employment situation report is scheduled to be released Friday. Here is how some silver stocks reacted Wednesday:

Coeur Mining Inc. (NYSE: CDE)(TSX: CDM) shares traded in the range of $9.83 to $10.31 Wednesday before settling to close at $9.83, a decrease of 3.06 percent. The stock appears to be facing some resistance at the $10.33, $10.96 and $11.46 levels. Shares of Coeur Mining have fallen approximately 10.0 percent year-to-date.

More information on Coeur Mining and access to the free equity report can be found at:
www.WallStreetFundamentals.com/CDE

Endeavour Silver Corp. (NYSE: EXK) shares traded in the range of $4.46 to $4.61 Wednesday before settling to close at $4.47, an increase of 1.13 percent. The stock appears to be facing some resistance at the $4.66 and $4.76 levels with some support at $4.44 and $4.32. Shares of Endeavour Silver have gained approximately 23.0 percent year-to-date

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

Hecla Mining Company (NYSE: HL) shares traded in the range of $3.07 to $3.16 Wednesday before settling to close at $3.09, a decrease of 0.64 percent. The stock appears to be facing some resistance at the $3.12 and $3.32 levels with some support at $2.99 and $2.81. Shares of Hecla Mining have gained approximately 1.0 percent year-to-date.

More information on Hecla Mining and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/HL

Silvercorp Metals Inc. (NYSE: SVM)(TSX: SVM) shares traded in the range of $2.51 to $2.62 Wednesday before settling to close at $2.52, flat for the day. The stock appears to be facing some resistance at the $2.52 and $2.73 levels with some support at $2.30 and $2.20. Shares of Silvercorp Metals have gained approximately 10.0 percent year-to-date

More information on Silvercorp Metals and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/SVM

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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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