StockCall Scrutinizes Newmont, Hecla, Harmony Gold, Golden Star Resources, and First Majestic Silver

Tue Apr 9, 2013 8:00am EDT

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LONDON,  April 9, 2013  /PRNewswire/ --

Markets shook off Monday's losses and all major indices showed good gains for
the session. However, basic material sector failed to follow the lead and major
precious stocks perform poorly as gold seems to be losing its safe investment
haven status. Our research team tracked Newmont Mining Corp (NYSE: NEM), Hecla
Mining Company (NYSE: HL), Harmony Gold Mining (NYSE: HMY), Gold Star Resources
Ltd. (NYSE: GSS) and First Majestic Silver Corp (NYSE: AG) in the gold and
silver industries. StockCall reviewed the Precious Metals industry and chose
NEM, HL, HMY, GSS, and AG for its technical coverage. These free reports can be
seen for free at

Newmont Mining Corp. traded in the range of  $38.74  and  $39.52  during
Monday's trading session. It opened at  $39.36  and closed at  $39.01, down 0.91
percent. The stock is currently in a neutral mode and has its first resistance
level at  $41.92. Upon breaching this level, Newmont Mining Corp. may go as high
as  $45.45. It traded 6.58 million shares and is above its 20-day moving average
price. Its first support level is at  $38.58. So far in year 2013, the stock is
down 13.37 percent. The gold mining company is a neutral stock with 0.33 beta
coefficient. Download the free research on NEM by signing up now at

Despite the uptrend shown by broad market indices, Hecla Mining Company's stock
finished 1.60 percent lower at  $3.70, with volume down from daily average of
6.45 million to 2.29 million. The silver mining company's stock is down so far
in 2013 with a year-to-date decline of 34.28 percent. However, the stock
currently shows a neutral trend which is further confirmed by its MACD chart.
Hecla Mining has its first support level at  $3.55. In the coming trading
sessions, the stock is likely to go as high as  $3.88. Register for today's free
analysis on HL at

Harmony Gold Mining Co.'s stock is in a neutral mode and is trading in-line with
its 20-day SMA of  $6.00. It ended its latest trading session 0.99 percent lower
at  $6.00, and the stock oscillated in the range of  $5.95  and  $6.10  during
Monday's session. The stock trades at Price/Earnings ratio of 10.91.  Harmony
Gold  is expected to face its first resistance level at  $6.20. Free report on
HMY can be accessed by registering at

Gold Star Resources Ltd's stock closed at  $1.39, 2.11 percent lower yesterday.
The stock traded in the range of  $1.37  and  $1.423  during the session and is
currently marginally above its 20-day moving average price of  $1.38. Gold Star
declined 20.57 percent so far this year. Its beta is 1.12 making it a mildly
volatile stock. The company's stock is in a bearish phase and its first
resistance level is at  $1.45. On the downside, its first support is at  $1.23.
Upon breaching this level, its second support level is at  $1.10. Register with
StockCall and download the research on GSS for free at

Shares of First Majestic Silver Corp edged lower in its latest trading session,
in contrast to gains shown by broad market. The stock closed 2.26 percent lower
at  $14.73  on below average volume of 503,818. First Majestic Silver's shares
have declined more than 24 percent this year, underperforming the broad market.
It has support at  $14.52. The stock is trading below it 20-day and 50-day
moving averages, confirming the bearish trend. Read the full free research on AG
by signing up to StockCall at

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Contact Person: William T. Knight, Email:, Contact Number:
+1(646)396-9857 (9:00 am EST - 01:30 pm EST)

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