Silver Miners and Streamers Navigate Controversy
The Bedford Report Provides Equity Research on Silver Wheaton & Silvercorp Metals
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 09/19/11 -- With the price of Silver near 30 year highs, analysts and investors are beginning to question the underperformance of Silver mining and streaming stocks. Between January and August, the iShares Silver Trust ETF has close to doubled, while the XAU Index of precious metal mining stocks has fallen a surprising 4 percent. The Bedford Report examines the outlook for companies in the Silver Industry and provides equity research on Silver Wheaton Corporation (NYSE: SLW) (TSX: SLW) and Silvercorp Metals, Inc. (NYSE: SVM) (TSX: SVM). Access to the full company reports can be found at:
Unlike gold, silver is a significant industrial metal. More than half of the demand for silver is industrial, as the metal can be used for batteries, brazing and soldering, bearings, high-end electronics and is also used in cutting edge solar technology. A study conducted earlier this year by the Silver Institute argues that "the rise in solar power is arguably the most significant development for silver demand in recent years. This year, demand is expected to reach nearly 70 million ounces, an increase of around 40 percent year-on-year."
The Bedford Report releases stock research on the Silver Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous analyst reports and industry newsletters.
Silvercorp Metals has garnered significant attention this month. Last week The Rosen Law Firm, P.A. announced that it is investigating potential securities fraud claims against Silvercorp Metals resulting from allegations that the Company may have issued materially inaccurate financial statements to the investing public between June 8, 2009 and September 13, 2011. Silvercorp vehemently refutes any substance in the allegations. After the stock took a sizeable hit, the company said last week that its shares are undervalued and that it is pushing ahead with its share repurchase plan.
Silver Wheaton recently revised its 2011 attributable silver equivalent production guidance from 27 to 28 million silver equivalent ounces to 25 to 26 million silver equivalent ounces, including 15,000 ounces of gold. Silver Wheaton says the revised guidance "is primarily attributable to a slower than anticipated production ramp-up at Goldcorp Inc.'s world-class Peñasquito mine located in Mexico."
The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford 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
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Datum: 19.09.2011 - 06:16 Uhr
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