5 Mining Stocks to Buy Amid the Surge in Silver and Gold

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5 Mining Stocks to Buy Amid the Surge in Silver and Gold

Mining Stocks to Buy: First Majestic Silver (AG)

021314AG 300x247 5 Mining Stocks to Buy Amid the Surge in Silver and Gold
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First Majestic Silver (AG) is popping out of a downtrend going back to August as it crosses over its 200-day moving average — a level that it hasn’t spent much time above since late 2012.

The company, based in Canada, operates mines in Canada and Mexico and a silver trading operation in Europe. Management expects silver production to increase between 19% and 25% this year.

A return to the August high would be worth a 45% move from here.


Article printed from InvestorPlace Media, http://investorplace.com/2014/02/5-mining-stocks-to-buy/.

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