IAMGOLD Corporation Among Gold and Silver's Biggest Movers on December 11, 2012
The market is currently up, with the Nasdaq moving up 1.7%, the S&P 500 rising 1% and the Dow climbing 0.9%.
Despite a good day for the overall market so far, the Gold and Silver sector (SLV) is down 1.1% and its current biggest movers are:
Broker Summary: E-Trade Financial
Increasing 1.5%, Seabridge Gold, Inc (NYSE:SA) is trading at $15.93 per share. So far today, the company's volume is 86,621 shares.
Hecla Mining (NYSE:HL) has risen 1.5% to hit a current price of $5.80 per share. So far today, 906,460 shares have changed hands, while it was 2.5 million shares yesterday.
IAMGOLD Corporation (NYSE:IAG) is up 1.5% to reach a current price of $11.18 per share. The company is currently trading a volume of 1.1 million shares. This is consistent with the average over the past three months.
After rising 1.4%, Coeur d'Alene (NYSE:CDE) is currently trading at a share price of $23.57. So far today, the company's volume is 605,516 shares, in line with the current daily average.
AuRico Gold (NYSE:AUQ) is down 1.4% to reach $7.69 per share. The company's volume for the day so far is 599,457 shares.
McEwen Mining (NYSE:MUX) is currently trading at $3.72 per share, a 1.1% increase. This morning, 226,357 shares have been traded, which is likely to result in less activity than yesterday's volume of 875,917 shares.
Falling 1%, First Majestic (NYSE:AG) is currently at a share price of $22.43. So far today, 177,093 shares have changed hands. This is 0.3 times its average volume over the past three months.
The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. Paying close attention to the previous ratios will help you identify key times to adjust your strategy. 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.
Despite a good day for the overall market so far, the Gold and Silver sector (SLV) is down 1.1% and its current biggest movers are:
| Company | Market Cap | Percentage Change |
| Seabridge Gold, Inc (NYSE:SA) | $699 million | +1.5% |
| Hecla Mining (NYSE:HL) | $1.63 billion | +1.5% |
| IAMGOLD Corporation (NYSE:IAG) | $4.15 billion | +1.5% |
| Coeur d\'Alene (NYSE:CDE) | $2.09 billion | +1.4% |
| AuRico Gold (NYSE:AUQ) | $2.2 billion | -1.4% |
| McEwen Mining (NYSE:MUX) | $702 million | +1.1% |
| First Majestic (NYSE:AG) | $2.63 billion | -1% |
Increasing 1.5%, Seabridge Gold, Inc (NYSE:SA) is trading at $15.93 per share. So far today, the company's volume is 86,621 shares.
Hecla Mining (NYSE:HL) has risen 1.5% to hit a current price of $5.80 per share. So far today, 906,460 shares have changed hands, while it was 2.5 million shares yesterday.
IAMGOLD Corporation (NYSE:IAG) is up 1.5% to reach a current price of $11.18 per share. The company is currently trading a volume of 1.1 million shares. This is consistent with the average over the past three months.
AuRico Gold (NYSE:AUQ) is down 1.4% to reach $7.69 per share. The company's volume for the day so far is 599,457 shares.
McEwen Mining (NYSE:MUX) is currently trading at $3.72 per share, a 1.1% increase. This morning, 226,357 shares have been traded, which is likely to result in less activity than yesterday's volume of 875,917 shares.
Falling 1%, First Majestic (NYSE:AG) is currently at a share price of $22.43. So far today, 177,093 shares have changed hands. This is 0.3 times its average volume over the past three months.
The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. Paying close attention to the previous ratios will help you identify key times to adjust your strategy. 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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