Here's a disparate group of silver miners and how they performed in 2010, as the price of silver broke the $30 mark and surging gold prices ended up with investors transferring capital to silver as a cheaper alternative to gold. Hecla Mining (NYSE:HL), First Majestic Silver (NYSE:AG), Coeur d'Alene Mines (NYSE:CDE), Great Panther (PINK:GPRLF) and Bear Creek (PINK:BCEKF) were among those with a solid year.
Hecla Mining ended the year at $11.26, gaining $0.13 on December 31, up 1.17 percent. The company had a 52-week trading range of $4.27 to $11.52. They ended the year with a market cap of $2.89 billion.
First Majestic Silver closed the year out at $14.52, rising $0.66 on the last trading day, up 4.76 percent. The trading range for 2010 was from $2.89 to $14.62. They ended the year with a market cap of $1.36 billion.
Coeur d'Alene Mines finished off the year at $27.32, rising $0.13 on Friday, a gain of 0.48 percent. The 2010 trading range for them was $13.41 to $28.20. They closed off the year with a market cap of $2.44 billion.
Great Panther ended 2010 at $2.81, up $0.06 on the final trading day of the year, increasing 2.09 percent. Their trading range for the year was $0.64 to $2.90. Their market cap heading into 2011 is $324.56 million.
Bear Creek finished 2010 at $9.66, gaining $0.34, or 3.70 percent on the last day of the year. Their 52-week trading range was $3.28 to $10.26.
Why is the news behid the rally for First Majestic Silver
ReplyDeleteThe news is that the Street is becoming aware of AG.
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