StockCall.com Provides Stock Research on Silver Wheaton Corp., New Gold Inc., BHP Billiton Ltd., Agnico-Eagle Mines Ltd., and Cameco Corp.
New York City, New York -- (May 21, 2013)
After falling sharply last week, gold and silver prices recovered on Monday as the U.S. dollar weakened on profit booking. In recent weeks, gold has also come under pressure due to concerns over an early end to Federal Reserve’s bond buying program. Silver, meanwhile, has been struggling to weak industrial demand. However, yesterday, a weaker dollar boosted commodities, including gold and silver. A rebound in gold and silver prices also boosted the Basic Materials sector, which rose sharply even as the broad market struggled. Among the major movers in the sector were Silver Wheaton Corp. (NYSE: SLW), New Gold Inc. (AMEX: NGD), BHP Billiton Limited (NYSE: BHP), Agnico-Eagle Mines Limited (NYSE: AEM), and Cameco Corporation (NYSE: CCJ). StockCall has taken an interest in these companies and you can now sign up to download the free technical research on SLW, NGD, BHP, AEM, and CCJ at
www.stockcall.com/registration
Shares of Silver Wheaton Corp. surged on Monday as silver prices rose sharply. The stock, initially, hit a 52-week low of $21.45, however, it later bounced back to finish the day 6.48% higher at $23.18 on above average volume of 7.34 million. The company’s shares have fallen nearly 35.50% so far in 2013 as silver prices have struggled. The stock is currently trading well below its 50-day and 200-day moving averages. However, the stock’s MACD has just crossed above the signal line which indicates that market sentiment has turned bullish on the stock. Sign up today to read the free research report on SLW at
www.StockCall.com/SLW052113.pdf
Another major gainer in the basic materials sector yesterday was New Gold Inc. Shares of the Vancouver, Canada-based company rose 6.03% to finish the day at $6.68 on above average volume of 5.17 million. The company’s shares also recovered after hitting a 52-week low on Monday. The stock fell to a 52-week low of $6.25. Year-to-date, shares of NGD have fallen more than 39.40% even as the broad market has rallied. Register to download the free technical analysis on NGD at
www.StockCall.com/NGD052113.pdf
Shares of global mining giant BHP Billiton Limited edged higher in trading on Monday, however, the gains were limited. The stock ended the day 0.61% higher at $68.07 on volume of 2.32 million after trading between $67.38 and $68.17. BHP Billiton’s shares have gained more than 1.40% in the last three sessions. Year-to-date, however, the stock is still down more than 11.80%. Shares of BHP are currently trading more than 14.10% below their 52-week high. Free report on BHP can be accessed by registering at
www.StockCall.com/BHP052113.pdf
Shares of Agnico-Eagle Mines Limited rallied in yesterday’s trading session. The stock hit a 52-week low of $27.66 before recovering to finish the day 6.48% higher at $29.73 on volume of 2.05 million. Agnico-Eagle Mines’ shares have seen a series of lows since the start of this year. The stock is currently trading well below its 50-day and 200-day moving averages. However, the stock’s MACD chart suggests that market sentiment has turned bullish.Register withStockCall and download the research on AEM for free at
www.StockCall.com/AEM052113.pdf
Shares of Cameco Corporation edged higher in trading on Monday, extending their gains from previous trading sessions. The stock closed 1.51% higher at $21.57 on volume of 865,858, taking its gains in the last three sessions to over 2.70%. Cameco Corp.’s shares are currently trading close to their 52-week high of $23.23. The stock has seen a series of higher highs over the past month which is a bullish signal. Read the full free research on CCJ by signing up to StockCall at
www.StockCall.com/CCJ052113.pdf
About StockCall.com
StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at
www.stockcall.com
Contact Person:
William T. Knight
Email: info@stockcall.com
Contact Number: (646) 396-9857 (9:00 am EST – 01:30 pm EST)