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Eldorado Gold Corporation and Other Big Movers In Gold and Silver on November 28, 2012

November 28, 2012 | Filed Under »
Tickers in this Article » SSRI, BVN, EGO, PAAS, GOLD, RGLD, AG
So far today, the Nasdaq has remained steady, the S&P 500 has moved up 0.1% and the Dow is up 0.2%.

The Gold and Silver sector (SLV) has climbed 1.4% overall, and these are the biggest movers in the sector so far:
CompanyMarket CapPercentage Change
Silver Standard Resources Inc (Nasdaq:SSRI)$1.14 billion-4.7%
Compania de Minas Buenaventura SA (NYSE:BVN)$8.66 billion-1.7%
Eldorado Gold Corporation (NYSE:EGO)$11.02 billion-1.6%
Pan American Silver Corp (Nasdaq:PAAS)$2.95 billion-1.4%
Randgold Resources Ltd (Nasdaq:GOLD)$9.73 billion+1.3%
Royal Gold (Nasdaq:RGLD)$5.36 billion-1.3%
First Majestic (NYSE:AG)$2.68 billion-1.1%
Broker Summary: OptionsXpress Online Trading Platform

After a decline of 4.7%, Silver Standard Resources Inc (Nasdaq:SSRI) has hit a share price of $13.07. The company's volume is currently 480,050 shares for the day, 0.8 times the average volume over the last three months.

Compania de Minas Buenaventura SA (NYSE:BVN) is down 1.7% to reach $32.24 per share. The company's volume for the day so far is 273,261 shares. This is on pace to fall short of yesterday's volume of 1.4 million shares.

Eldorado Gold Corporation (NYSE:EGO) is trading at $14.73 per share, down 1.6%. So far today, the company's volume is 1.9 million shares, 0.6 times the current daily average.

At $18.76, Pan American Silver Corp (Nasdaq:PAAS) has slipped 1.4%. The company's volume for the day so far is 507,362 shares.

Randgold Resources Ltd (Nasdaq:GOLD) has increased to a share price of $105.31, a 1.3% rise. At 341,591 shares, the company's volume so far today is 0.6 times its average over the past three months.

Royal Gold (Nasdaq:RGLD) has fallen 1.3% and is currently trading at $81.80 per share. The company is trading at a volume of 228,493 shares. This is about the same trading activity as there was yesterday.

Currently trading at $22.31 per share, First Majestic (NYSE:AG) has fallen 1.1%. At 378,394 shares, the company's volume so far today is in line with the current daily average.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. 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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