Shares of Gold Resource Co. (GORO) saw major gains on Thursday. The stock traded up $1.32 or 4.98% for the day and last traded at $27.82. Approximately 288,688 shares changed hands during mid-day trading.
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?
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