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Market Trend Highlights: Pan American Silver, Silver Standard Resources, Silvercorp Metals, and Fortuna Silver Mines

LONDON, December 6, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

On Thursday, December 05, 2013, the US equity market edged lower, as the S&P 500 ended the day at 1,785.03, down 0.43%. The Dow Jones Industrial Average closed at 15,821.51, down 0.43% and the NASDAQ Composite finished at 4,033.17, down 0.12%. Furthermore, the S&P 500 Materials Sector Index ended the day at 274.43, down 0.64%, whilst the S&P 500 Metals & Mining Industry Index lost 0.61% to close at 129.12. The latter edged up 0.12% in the previous three trading sessions, outperforming the S&P 500, which has lost 0.88% during the same period. The major movers in the industry included Pan American Silver Corp. (NASDAQ: PAAS), Silver Standard Resources Inc. (NASDAQ: SSRI), Silvercorp Metals Inc. (NYSE: SVM), and Fortuna Silver Mines Inc. (NYSE: FSM). All these companies are tracked by AAAResearchReports.com. Free technical research on PAAS, SSRI, SVM, and FSM can be downloaded upon signing up at:

http://www.aaaresearchreports.com/register/  

Pan American Silver Corp.'s stock plummeted on Thursday, tracking losses in the broader market. The company's shares ended the day 2.75% lower at $10.25, after fluctuating between $10.21 and $10.50 during the trading session. A total of 1.76 million shares were traded, which is below the daily average volume of 2.55 million. The company's shares have gained 0.89% in the previous three trading sessions, outperforming the S&P 500, which has lost 0.88% during the same period. However, Pan American Silver Corp.'s stock is trading below its 50-day and 200-day moving averages of $10.51 and $12.52, respectively. Sign up and read the complimentary report on PAAS at:

http://www.AAAResearchReports.com/PAAS120613.pdf

On Thursday, Silver Standard Resources Inc.'s stock finished the day at $5.92, down 1.50% from the previous day's closing price of $6.01. The company's shares vacillated between $5.78 and $6.11 during the trading session. A total of 1.25 million shares were traded, which is below the daily average volume of 1.62 million. Despite Thursday's pullback, the company's shares have gained 4.32% in the previous three trading sessions and 2.07% in the last one month, outperforming the S&P 500, which has lost 0.88% and has gained 1.25% during the respective periods. Further, Silver Standard Resources Inc.'s stock is trading above its 50-day moving average of $5.90. The free report on SSRI can be downloaded by signing up now at:

http://www.AAAResearchReports.com/SSRI120613.pdf

Shares in Silvercorp Metals Inc. oscillated between $2.36 and $2.48 before closing Thursday's session 0.83% lower at $2.40. A total of 0.77 million shares were traded, which is below the daily average volume of 1.15 million. The company's shares have lost 0.41% in the previous three trading sessions, outperforming the S&P 500, which has lost 0.88% during the same period. Furthermore, Silvercorp Metals Inc.'s stock is trading below its 50-day and 200-day moving averages of $2.97 and $3.14, respectively. A free report on SVM can be accessed by registering at:

http://www.AAAResearchReports.com/SVM120613.pdf

Fortuna Silver Mines Inc.'s stock declined 2.41% on Thursday, closing the day's session at $2.84, after vacillating between $2.78 and $2.89 during the trading session. A total of 0.13 million shares were traded, which is below the daily average volume of 0.21 million. The company's shares have declined 8.97% in the previous three trading sessions, underperforming the S&P 500, which has lost 0.88% during the same period. Moreover, Fortuna Silver Mines Inc.'s stock is trading below its 50-day and 200-day moving averages of $3.62 and $3.61, respectively. Register with AAA Research Reports and download research on FSM for free at:

http://www.AAAResearchReports.com/FSM120613.pdf

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