Gold and Silver Stocks, Including Yamana Gold Inc, Making Big Moves on November 15, 2012
The Nasdaq is down 0.4%, the S&P 500 has decreased 0.3% and the Dow has decreased 0.3%, marking a bad morning for the market.
The Gold and Silver sector (SLV) is down 0.2%, outperforming the market overall. Currently, the biggest movers in the sector are:
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Seabridge Gold, Inc (NYSE:SA) is down 5.6% to reach $14.90 per share. So far today, the company's volume is 174,050 shares, 0.7 times the average daily volume.
Currently trading at $11.48 per share, IAMGOLD Corporation (NYSE:IAG) has fallen 4.1%. So far today, 2.5 million shares have changed hands.
At $82.21, Royal Gold (Nasdaq:RGLD) has slipped 3.7%. This morning, 694,973 shares have been traded,.
Falling 2.1%, AngloGold Ashanti Limited (NYSE:AU) is currently at a share price of $30.80. This morning, the company is trading a volume of 1.1 million shares. This is 0.7 times the current three-month average.
Yamana Gold Inc (NYSE:AUY) is down 2% to reach $18.43 per share. The company's volume is currently 5.3 million shares for the day, 0.9 times the average daily volume.
Increasing 1.8%, Randgold Resources Ltd (Nasdaq:GOLD) is trading at $102.78 per share. So far today, the company's volume is 377,335 shares.
Agnico-Eagle Mines Limited (NYSE:AEM) has fallen 1.7% and is currently trading at $53.40 per share. At 988,096 shares, the company's volume so far today is with trading activity in keeping with yesterday's.
The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. It is important to weigh current activity against historical performance when making any investment decisions. Tools like valuation ratios and profit margins, however, are only as useful as the context you put them in; remember to take historical data and competitor performance into account.
The Gold and Silver sector (SLV) is down 0.2%, outperforming the market overall. Currently, the biggest movers in the sector are:
| Company | Market Cap | Percentage Change |
| Seabridge Gold, Inc (NYSE:SA) | $686.1 million | -5.6% |
| IAMGOLD Corporation (NYSE:IAG) | $4.51 billion | -4.1% |
| Royal Gold (Nasdaq:RGLD) | $5.49 billion | -3.7% |
| AngloGold Ashanti Limited (NYSE:AU) | $12.12 billion | -2.1% |
| Yamana Gold Inc (NYSE:AUY) | $14.14 billion | -2% |
| Randgold Resources Ltd (Nasdaq:GOLD) | $9.27 billion | +1.8% |
| Agnico-Eagle Mines Limited (NYSE:AEM) | $9.34 billion | -1.7% |
Seabridge Gold, Inc (NYSE:SA) is down 5.6% to reach $14.90 per share. So far today, the company's volume is 174,050 shares, 0.7 times the average daily volume.
Currently trading at $11.48 per share, IAMGOLD Corporation (NYSE:IAG) has fallen 4.1%. So far today, 2.5 million shares have changed hands.
At $82.21, Royal Gold (Nasdaq:RGLD) has slipped 3.7%. This morning, 694,973 shares have been traded,.
Yamana Gold Inc (NYSE:AUY) is down 2% to reach $18.43 per share. The company's volume is currently 5.3 million shares for the day, 0.9 times the average daily volume.
Increasing 1.8%, Randgold Resources Ltd (Nasdaq:GOLD) is trading at $102.78 per share. So far today, the company's volume is 377,335 shares.
Agnico-Eagle Mines Limited (NYSE:AEM) has fallen 1.7% and is currently trading at $53.40 per share. At 988,096 shares, the company's volume so far today is with trading activity in keeping with yesterday's.
The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. It is important to weigh current activity against historical performance when making any investment decisions. Tools like valuation ratios and profit margins, however, are only as useful as the context you put them in; remember to take historical data and competitor performance into account.

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