user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 417206 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Silver Standard Resources Makes a Move: Up 3.0%

Published on Tue, 01/08/2013 - 11:15
By Robert Cotter

Up 3.0% to $14.97, Silver Standard Resources (NASDAQ:SSRI), is one of today's notable movers. The S&P is currently trading 0.6% lower to 1,454 and the Dow Jones Industrial Average is trading 0.5% lower to 13,323.

Silver Standard Resources Inc. is a silver exploration company focused on acquiring and developing silver resources on a global basis. The Company has projects in Argentina, Peru, Mexico, Canada, Chile, the United States and Australia.

Silver Standard Resources share prices have moved between a 52-week high of $18.34 and a 52-week low of $10.06 and are now trading 49% above that low price at $14.97 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.2% while the 200-day MA has remained constant.

Silver Standard Resources has overhead space with shares priced $14.97, or 30.1% below the average consensus analyst price target of $21.40. The stock should discover initial support at its 50-day moving average (MA) of $14.33 and subsequent support at its 200-day MA of $13.63.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Shares of United Therapeutics Have Risen...

United Therapeutics (NASDAQ:UTHR) traded at a new 52-week high today of $119.06. So fa ...

Shares of United Rentals Rise to a New 5...

United Rentals (NYSE:URI) traded today at a new 52-week high of $119.50. So far today ...

Union Pacific Looks to Continue to Trade...

Shares of Union Pacific (NYSE:UNP) traded today at $106.55, breaking its 52-week high. ...

Unum Group Looks to Continue to Trade Ab...

Shares of Unum Group (NYSE:UNM) traded today at $36.75, breaking its 52-week high. Thi ...

Watch for Continued Gains in Shares of U...

Shares of United Bankshares (NASDAQ:UBSI) traded at a new 52-week high today of $33.55. ...

Watch for Continued Gains in Shares of T...

Tata Motors (NYSE:TTM) traded at a new 52-week high today of $48.64. This new high was ...

Shares of Tesla Motors Inc Rise Above Pr...

Tesla Motors Inc (NASDAQ:TSLA) traded today at a new 52-week high of $284.89. This new ...

Trinity Industries: The Winning Streak C...

Trinity Industries (NYSE:TRN) traded at a new 52-week high today of $49.65. This new h ...