SOURCE: StockCall

StockCall

November 24, 2010 08:23 ET

Equity Research on Silver Wheaton Corp. and Hecla Mining Co. - Silver Prices Shaken in November

JOHANNESBURG, SOUTH AFRICA--(Marketwire - November 24, 2010) -  www.stockcall.com/ offers investors comprehensive research on the silver industry and has completed analytical research on Silver Wheaton Corp. (NYSE: SLW) and Hecla Mining Co. (NYSE: HL). Register with us today at www.stockcall.com/ to have free access to these researches. 

Sporadic November silver prices ended the metal's meteoric rise seen throughout much of 2010. A combination of global and domestic economic factors has led to the recent price inconsistencies. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the silver industry.

www.stockcall.com/ is an online platform where investors doing their due-diligence on the silver industry can have easy and free access to our analyst research and opinions on Silver Wheaton Corp. and Hecla Mining Co.; investors and shareholders of these companies can simply register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html

A weakened U.S. dollar was partially responsible for silver's price rise earlier this year. The recent strengthening of the dollar has now adversely affected silver prices. The economic crisis in Europe, led by concern over the recent bailout of Irish banks, has weakened currencies in the region and in turn, led to the improvement of the U.S. dollar. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

Concerns regarding China raising interest rates have also hurt silver prices recently. If China does raise interest rates as they are expected to, demand for silver could decline, as it would be more financially viable to hold onto the commodity instead of investing further into it. Currently, silver futures for December are down 5.3 percent.

Overall, it's been a strong year for silver and the recent price setbacks caused by the U.S. dollar, the European economy and Chinese interest rates may only be temporary and not reflective of a long-term decline. 

Despite silver price concerns revenues are still strong for players in the silver industry such as Silver Wheaton Corp. and Hecla Mining Co. Silver Wheaton reported record earnings with net income doubling to $69.2 million. Silver Wheaton Corp. research report is accessible for free by registering today at www.stockcall.com/SLW241110.pdf

Conversely, Hecla saw adjusted net income of $29.6 million with sales for the quarter growing to $115.8 million. Hecla Mining Co. research report is available for free by signing up now at www.stockcall.com/HL241110.pdf

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