businesspress24.com - Volatile Market Wreaks Havoc on Silver Wheaton and Hecla Mining's Long Term Plans
 

Volatile Market Wreaks Havoc on Silver Wheaton and Hecla Mining's Long Term Plans

ID: 1040591

The Paragon Report Provides Equity Research on Silver Wheaton & Hecla Mining

(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 09/26/11 -- The Paragon Report examines investing opportunities in the Silver Industry and provides equity research on Silver Wheaton Corporation (NYSE: SLW) (TSX: SLW) and Hecla Mining Co. (NYSE: HL). Access to the full company reports can be found at:





Silver stocks took a sizeable hit following the Federal Reserve's "Operation Twist" announcement. The theory behind 'Operation Twist' is quite different than the quantitative easing measures that supported the monumental run of precious metals prices. In the aftermath of the announcement, the US Dollar shot up. Precious metals prices tend to move inversely to price of the dollar, as they lose their "safe haven" appeal.

Silver is not only a precious metal. According to the Silver Institute more than 50 percent of Silver's use is industrial. Silver can be used for batteries, brazing and soldering, bearings and high-end electronics and is also used in cutting edge solar technology. With the global economy teetering on the brink of a double dip recession, manufacturing use for silver may come down.

The Paragon Report provide 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 and get exclusive access to our numerous stock reports and industry newsletters.

Some silver miners link their dividend payouts to silver's price, mimicking a move by some gold miners. Last week Hecla Mining became the latest silver producer to take such a step, saying that for every $5 increase in the price of silver it would increase its quarterly dividend by a penny. Hecla Mining Company is the largest and lowest cash cost silver producer in the U.S. The company has two operating mines and exploration properties in four world-class silver mining districts in the U.S. and Mexico.





Silver Wheaton currently pays an annual dividend of 12 cents for a yield of around 0.3 percent. Silver Wheaton is a silver streamer. The company agrees to buy silver from mines, pays up front, and then has the right to purchase some or all of the silver produced from the mine at a fixed cost. Streamers may be more susceptible to major price swings.

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






Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:



Leseranfragen:



PresseKontakt / Agentur:



drucken  als PDF  an Freund senden  Dry Bulk Shippers Brace for More Uncertainty
Factors Moving Markets, Worldwide View - Equity Research on Netflix, Inc. and DISH Network Corp.
Bereitgestellt von Benutzer: MARKET WIRE
Datum: 26.09.2011 - 06:16 Uhr
Sprache: Deutsch
News-ID 1040591
Anzahl Zeichen: 0

contact information:
Contact person:
Town:

NEW YORK, NY


Phone:

Kategorie:

Commercial & Investment Banking


Anmerkungen:


Diese Pressemitteilung wurde bisher 86 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Volatile Market Wreaks Havoc on Silver Wheaton and Hecla Mining's Long Term Plans
"
steht unter der journalistisch-redaktionellen Verantwortung von

Paragon Financial Limited (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).


Alle Meldungen von Paragon Financial Limited



 

Who is online

All members: 10 590
Register today: 0
Register yesterday: 0
Members online: 0
Guests online: 148


Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.