NEW YORK (TheStreet) — Coeur D’Alene Mines Corporation (NYSE:CDE) is trading at unusually high volume Thursday with 14 million shares changing hands. It is currently at four times its average daily volume and trading down $2.35 (-7%) at $31.41 as of 3:06 p.m. ET.
Creston Moly Corp (CMS.V) has edged up and closer to a near 45 month high of 60 cents struck Tuesday after Mercator Minerals Ltd (ML.TO) said it had agreed to buy Creston Moly in a cash and stock deal valued at about $195 million. ML is also up 1 cent, at $3.37. More than 10.4 million CMS shares have traded.
Shares of Pan American Silver Corp (PAAS) saw major losses on Thursday. The stock traded down ($2.04) or 4.97% for the day and last traded at $39.04. Approximately 4,141,147 shares changed hands during mid-day trading.
Below are the top 10 fastest-growing Gold/Silver stocks, UPDATED TODAY before 4:30 AM ET, based on the average long-term earnings growth rate estimated by Wall Street analysts.
The stock of Cerro Resources NL (CVE:CJO, CJO message board), which enjoys a rather humble interest by investors on the Canadian Market, became finally in greater demand during the last sessions. By far, the peak in the recent trading activity was yesterday, when the turnover was seven times the average. The volume surge was perhaps driven by the announced yesterday estimates of resources and reserves contained on one of the company’s Mexican projects.
Silver prices are moving higher, but why has the Fresnillo Plc share price underperformed?
VANCOUVER, April 14, 2011 /PRNewswire-FirstCall/ — Capstone Mining Corp. (TSX: CS) announced that D. Bruce McLeod has tendered his resignation as a Director of the Company.
(AXcess News) Houston – El Tigre Silver Corp. (TSX.V: ELS; OTC: EGRTF) reported strong results Wednesday on its drill report at its Sonora Mexico silver mine while investors await the next release of drill reports due out shortly. The mine, which was originally explored by Anaconda Mining (TSX: ANX-RT) in 1980, is being prepared for further exploration.
IMPACT Silver Corp. (“the Company” or “IMPACT”) is pleased to announce the audited financial results for the Company’s year ending December 31, 2010. The full version of the financial statements and the Management’s Discussion and Analysis can be viewed on the Company’s website at www.impactsilver.com or on SEDAR at www.sedar.com.
-Revenues for the year reached $16.7 million, up 37% from $12.2 million in 2009.
LONDON (Commodity Online) : Worlds leading mining company, Fresnillo PLC said first-quarter gold production rose over 13% to 96,407 ounces due to the expanded capacity of the group’s Soledad-Dipolos facility.
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