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Tickers in this Article: SSRI, SA, AG, PAAS, ABX, BVN, RGLD
It's been a bad day for the market after the morning's trading. The Nasdaq is down 1%; the S&P 500 has decreased 0.4%; and the Dow has decreased 0.3%.

The Gold and Silver sector (SLV) is currently lagging behind the overall market, down 1.5%, and its current biggest movers are:
CompanyMarket CapPercentage Change
Silver Standard Resources Inc (Nasdaq:SSRI)$1.26 billion-2.8%
Seabridge Gold, Inc (NYSE:SA)$832.5 million-2.4%
First Majestic (NYSE:AG)$2.7 billion-2.2%
Pan American Silver Corp (Nasdaq:PAAS)$3.36 billion-2%
Barrick Gold Corporation (NYSE:ABX)$42.03 billion-1.9%
Compania de Minas Buenaventura SA (NYSE:BVN)$9.62 billion-1.9%
Royal Gold (Nasdaq:RGLD)$5.79 billion-1.8%
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Falling 2.8%, Silver Standard Resources Inc (Nasdaq:SSRI) is currently at a share price of $15.21. The company is currently trading a volume of 265,168 shares. The trading volume for a stock indicates the level of investor interest.

Seabridge Gold, Inc (NYSE:SA) is currently trading at a share price of $18.70, a 2.4% decline. The company's volume is currently 84,775 shares for the day, 0.3 times its current three-month average. Volume indicates the level of interest that investors have in a company at its current price.

First Majestic (NYSE:AG) has fallen 2.2% and is currently trading at $22.80 per share. So far today, 227,060 shares of the company's stock have changed hands. This is about the same trading activity as there was yesterday. When a stock price moves up or down, watching the volume is a good way of identifying how significant that shift is.

Slipping 2%, Pan American Silver Corp (Nasdaq:PAAS) is currently trading at $21.61 per share. At 686,763 shares, the company's volume so far today is 0.2 times its current daily average. Price change alone is not enough to know how a stock is doing. Volume is an important secondary indicator used to confirm trends suggested by price movement.

Barrick Gold Corporation (NYSE:ABX) is down 1.9% to reach $41.20 per share. This morning, the company is trading a volume of 1.6 million shares. High volume indicates a lot of investor interest while low volume indicates the opposite.

After a decline of 1.9%, Compania de Minas Buenaventura SA (NYSE:BVN) has hit a share price of $37.09. The company's volume for the day so far is 313,610 shares, in keeping with the average volume over the past three months. Volume is used to evaluate how meaningful the price movement of a stock is.

Royal Gold (Nasdaq:RGLD) is trading at $96.52 per share, down 1.8%. The company is trading at a volume of 179,491 shares. At this rate, trading activity will likely be down from yesterday when 519,897 shares changed hands. As a stock moves up or down, it is important to pay attention to the trading volume. This indicates the level of interest: the higher the volume, the more the interest.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. Daily stock performance should be weighed against historical performance and put in context of the market overall. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

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