Silver prices for October delivery are down more than 1% today at $33.63. Uncertainty in Europe and a stronger dollar are sending silver lower today. Silver mining stocks are following silver lower today with Great Panther Silver Ltd. taking the biggest hit with a more than 4% loss in midday trading. A poor global growth outlook and euro concerns will continue to keep a lid on precious metal prices for the near term.
Silver Stocks
Hecla Mining Co. (NYSE:HL) is down 0.75% today at $6.5010. HL has traded 2.6 million shares so far today and trades 4.99 million shares a day on average. HL shares have dipped $0.30 a share over the past couple of days, but are up more than 13% on the year. The company has a market cap of 1.86 billion.
Silver Wheaton Corp. (NYSE:SLW) is down 1.71% today at $39.01. SLW has traded 2.4 million shares so far today and trades 4.3 million shares a day on average. SLW shares have fallen $1.50 a share over the past four days. The company has a market cap of 13.87 billion.
Pan American Silver Corp. (NASDAQ:PAAS) is down 1.07% today at $21.26. PAAS has traded 1.5 million shares so far today and trades 2.1 million shares a day on average. PAAS shares have dropped $1 a share over the past week and is down 6% on the year. The company has a market cap of 3.23 billion.
Endeavour Silver Corp. (NYSE:EXK) is down 3.85% today at $9.25. EXK has traded 1.04 million shares so far today and trades 1.15 million shares a day on average. Endeavour Silver announced an illegal work stoppage at El Cubo lease facilities today. The company has a market cap of 918.43 million.
Coeur d’Alene Mines Corporation (NYSE:CDE) is down 0.52% today at $28.62. CDE has traded 1.01 million shares so far today and trades 1.8 million shares a day on average. CDE shares are up 13% on the year. The company has a market cap of 2.58 billion.
Great Panther Silver Ltd (NYSE:GPL) is down 4.61% today at $2.07. GPL has traded 612 thousand shares and 631 thousand shares. GPL shares are down about $0.20 a share over the past few days. The company has a market cap of 284.81 million.
Silver Standard Resources Inc. (NASDAQ:SSRI) is down 3.26% today at $14.83. SSRI has traded 528 thousand shares so far today and trades 971 thousand shares on average. The company has a market cap of 1.20 billion.
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