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Gold and Silver Stocks, Including Silver Wheaton Corp, Making Big Moves on November 12, 2012

November 12, 2012 | Filed Under »
Tickers in this Article » MUX, CDE, PAAS, SSRI, IAG, GOLD, SLW
So far today, the Nasdaq has declined 0.1%, the S&P 500 remains relatively unchanged and the Dow is down 0.1%.

On a quiet day for the market overall so far, the Gold and Silver sector (SLV) has slipped 0.7% and its biggest movers are currently:
CompanyMarket CapPercentage Change
McEwen Mining (NYSE:MUX)$840 million-8.6%
Coeur d\'Alene (NYSE:CDE)$2.23 billion-3.2%
Pan American Silver Corp (Nasdaq:PAAS)$3.1 billion-2.3%
Silver Standard Resources Inc (Nasdaq:SSRI)$1.2 billion-2.2%
IAMGOLD Corporation (NYSE:IAG)$5.79 billion-1.9%
Randgold Resources Ltd (Nasdaq:GOLD)$10.32 billion-1.7%
Silver Wheaton Corp (NYSE:SLW)$14.31 billion-1.5%
Forex Broker Summary: UFXMarkets

Falling 8.6%, McEwen Mining (NYSE:MUX) is currently at a share price of $4.05. The company is currently trading a volume of 1.9 million shares.

Coeur d'Alene (NYSE:CDE) is currently trading at a share price of $23.97, a 3.2% decline. So far today, the company's volume is 1.1 million shares, 0.3 times the average daily volume.

Pan American Silver Corp (Nasdaq:PAAS) has fallen 2.3% and is currently trading at $19.87 per share. So far today, the company's volume is 557,245 shares. At this rate, trading activity will likely be down from yesterday when 1.6 million shares changed hands.

Currently trading at $14.50 per share, Silver Standard Resources Inc (Nasdaq:SSRI) has fallen 2.2%. The company's volume is currently 192,471 shares for the day, 0.3 times the average volume over the last three months.

IAMGOLD Corporation (NYSE:IAG) is trading at $15.10 per share, down 1.9%. This morning, the company is trading a volume of 1.1 million shares.

Randgold Resources Ltd (Nasdaq:GOLD) has decreased to $110.45 per share, a 1.7% fall. At 154,976 shares, the company's volume so far today is 0.3 times the average daily volume.

Slipping 1.5%, Silver Wheaton Corp (NYSE:SLW) is currently trading at $39.75 per share. So far today, 1.7 million shares of the company's stock have changed hands. This is about the same trading activity as there was yesterday.

The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. It is important to weigh current activity against historical performance when making any investment decisions. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

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