Silver Miners on the Upswing as Investors Turn to Riskier Plays
February 09 2012 - 8:20AM
Marketwired
Silver stocks have been on an impressive run in 2012. The Global X
Silver Miners ETF (SIL) is up nearly 19 percent year to date --
keeping up with the metal's 20 percent gains in 2012 -- as a steady
uptick in the broader market has pushed investors into riskier
trading avenues. The Paragon Report examines investing
opportunities in the Silver Industry and provides equity research
on First Majestic Silver Corporation (NYSE: AG) (TSX: FR) and Coeur
d'Alene Mines Corporation (NYSE: CDE) (TSX: CDM). Access to the
full company reports can be found at:
www.paragonreport.com/AG
www.paragonreport.com/CDE
With the S&P on the upswing, silver mining stocks have the
ability to keep up with -- or exceed -- the performance of silver
prices. According to The Silver Institute's most recent Silver
Investment Market Update, "the investment characteristics of silver
mining stocks are different from those of the metal, but in a
rising market they can often outperform the silver price and hence
may potentially offer healthier returns." The Silver Institute
argues that investors in silver miners not only benefit from rises
in silver prices, but also from a "stream of dividends."
The Paragon Report provides investors with an excellent first
step in their due diligence by providing daily trading ideas, and
consolidating the public information available on them. For more
investment research on the silver industry register with us free at
www.paragonreport.com and get exclusive access to our numerous
stock reports and industry newsletters.
Investments in silver miners are not without risks. The Silver
Institute argues that miners "sometimes face significant technical
challenges in accurately quantifying their ore reserves, then
mining and processing the ore profitably."
First Majestic Silver Corp. engages in the production,
development, exploration, and acquisition of mineral properties
with a focus on silver in Mexico. In January the company reported
an 8 percent rise in silver production for 2011, helped in part by
higher grades of ore, and said it expects higher output in 2012.
The company also said in a press release that it expects production
to rise to 8.9 to 9.4 million ounces of equivalent silver in 2012,
compared with 7.6 million ounces of silver equivalent produced in
2011.
The Paragon Report has not been compensated by any of the
above-mentioned publicly traded companies. Paragon Report is
compensated by other third party organizations for advertising
services. We act as an independent research portal and are aware
that all investment entails inherent risks. Please view the full
disclaimer at http://www.paragonreport.com/disclaimer
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