Month: January 2011

Pan American Silver Corp (NASDAQ:PAAS) is a mining company which is primarily engaged in silver mining and extraction. The Company has its mines in Peru, Mexico, Argentina and Bolivia. The stock of the company is up by 3.93% or $1.38 since the opening bell and is currently trading at $36.45. The stock of the company has touched an intraday high of $36.39 and an intraday low of $35.79. The stock whose market capitalization is of $3.90 billion is trading with a volume of 4,000 shares compared to 0.9 million shares on the exchange. The Company has seen a high of $42.33 and a low of $20 in last one year of trade. The stock of the company is currently trading below its 50-day moving average and above its 200-day moving average of $38.88 and $30.65 respectively.

Xtierra (TSX.V:XAG) has to rank among the TSX Venture’s best kept secrets. With the advanced Bilboa silver-zinc-lead project in Zacatecas, Mexico in feasibility with a 140 million ounce silver equivalent resource, and trading at a market cap of $14 million, the disparity between the reality and the should-be makes this a nearly too-good-to-be-true story. But while developing the understanding of the project and the company for this piece, the reasons for the low price become clear. (This is all of course my own speculation.)

Southern Copper Corp. (SCCO – Snapshot Report) is worth its weight in copper, fresh off a new all-time high above $50 as copper prices continue to surge. With a bullish next-year estimate and attractive valuation, this Zacks #1 rank stock is more than change in momentum’s pocket.

RTTNews) – Toronto’s main index edged down Monday from its highest level in more than two years, as base metal miners and energy producers retreated.

In line with many other commodities, including precious metals, silver, often described as poor man’s gold, has shed some gains from a 30-year high at $30 an ounce in December to trade now at a little less than $29.40 an ounce. Such correction is in order as the November US unemployment rate fell to 9.8 per cent, this year’s GDP growth forecast for the world’s largest economy is three per cent and the dollar rally is finally on.

Xtierra (TSX.V:XAG) has to rank among the TSX Venture’s best kept secrets. With the advanced Bilboa silver-zinc-lead project in Zacatecas, Mexico in feasibility with a 140 million ounce silver equivalent resource, and trading at a market cap of $14 million, the disparity between the reality and the should-be makes this a nearly too-good-to-be-true story. But while developing the understanding of the project and the company for this piece, the reasons for the low price become clear. (This is all of course my own speculation.)

Goldcorp Inc. (USA) (NYSE:GG) opened 0.64% lower than its previous closing price and went down 3.52% to close at $40.59.

Newmont Mining Corporation, NYSE:NEM percentage change fell 1.92% to close at $55.72 with the total traded volume during last trading session was 10.85 million shares.

Orofino Gold Corp (PINK:ORFG) closed on $0.160 with total traded volume 60,076.00, ofino Gold Corp.

COTTON & WESTERN MIN (PINK:CWRN) dropped by 41.18% to close on $0.0120 with day traded volume of 290.52M.

New Gold Inc. (USA) (AMEX:NGD) fell 3.47% to $8.63.