Silver Stocks Charts, News, Reports and Quotes
The summer doldrums are in full force, with material news flow lagging relative to other parts of the year. Companies covered this week: $BTR, $KOR, $DSV, $EQX, $GBR, $KGC, $LAB, $MGM, $MAI, $NFG, $ODV, $SVM, $VZLA
Gold & silver smashed for no fundamental reason, resulting in a blood bath for gold stocks. It is completely unfounded as the Fed remains extremely accommodative with inflation weighing on consumers.
"“We continue to have tremendous success intersecting wide intervals of high-grade mineralization across Oculto. The highlighted intersections released today further demonstrate the continuity of high-grade gold and silver mineralization beyond the currently known western end of the Tesoro Zone."
Endeavour Silver Drilling Intersects High-Grade Silver-Gold Mineralization in Multiple Veins at the Terronera Project in Jalisco, Mexico.
Continues to Demonstrate Continuity & Growth Potential of High-Grade Zone.
$AXU, $DSV, $FURY, $GRSL, $JAG, $KTN, $LIO, $MGM, $MAU, $NXS, $SVM, $SKE, $WDO
The high prevailing silver prices did help drive big year-over-year surges in revenues, earnings, operating cash flows generated, and cash treasuries. Those good fundamentals should attract capital, especially as silver powers higher with gold.
Gold and the mining equities had a good week with gold up nicely since the close last Friday and the mining stocks as seen through the XAU. Silver was relatively flat, but both metals want to move higher.
$RZZ, $ABRA, $USAS, $BLCK, $CGAU, $F, $GBR, $MKO, $MAI, $ODV, $SAE, $SVM, $ELEF, $VZLA, $WDO
The holes were designed to develop additional shallow resources within the Whittle pit shell as well as to infill and extend the current estimated mineral resources.
Even the second most heavily doctored economic data set can't mask surging consumer price inflation. Earnings season continues to impress, though inflation has started to show itself via input cost pressures.
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