Canadian Basic Materials Stocks under Review, Silvercorp Metals, McEwen Mining, Sandstorm Gold, and Avalon Advanced Materials

LONDON, UK / ACCESSWIRE / October 23, 2017 / Pro-Trader Daily has lined up these stocks for our daily research reports coverage. Before the markets open, Pro-TD makes a brief technical snapshot of select stocks with the Metals & Mining industry and that trades on the Toronto Exchanges. This Morning, our team has regrouped these stocks for study: Silvercorp Metals, McEwen Mining, Sandstorm Gold, and Avalon Advanced Materials. Register for these free reports at:

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At the closing bell on Friday, October 20, 2017, the Toronto Exchange Composite index edged 0.25% higher to finish the trading session at 15,857.22 with a total volume of 263,232,085 shares exchanging hands for the day.

Pro-Trader Daily's complimentary research reports on the following stocks are now available: Silvercorp Metals Inc. (TSX: SVM), McEwen Mining Inc. (TSX: MUX), Sandstorm Gold Ltd (TSX: SSL), and Avalon Advanced Materials Inc. (TSX: AVL). Sign up now for your free membership and research reports at:

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Silvercorp Metals Inc.

Vancouver, Canada headquartered Silvercorp Metals Inc.'s stock edged 0.92% higher, to finish Friday's session at $3.28 with a total volume of 222,329 shares traded. The Company's shares are trading below its 50-day and 200-day moving averages. Silvercorp Metals' 200-day moving average of $3.88 is above its 50-day moving average of $3.58. Shares of the Company, which together with its subsidiaries, engages in the acquisition, exploration, development, and mining of precious and base metal mineral properties in China, are trading at a PE ratio of 11.71. See our research report on SVM.TO at:

http://protraderdaily.com/optin/?symbol=SVM

McEwen Mining Inc.

On Friday, shares in Toronto, Canada headquartered McEwen Mining Inc. recorded a trading volume of 132,973 shares. The stock ended the day 1.16% lower at $2.55. Shares of the Company, which explores for, develops, produces, and sells gold, silver, and copper ores in Argentina, Mexico, and the US, are trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $3.34 is above its 50-day moving average of $2.76. The complementary research report on MUX.TO at:

http://protraderdaily.com/optin/?symbol=MUX

Sandstorm Gold Ltd

On Friday, shares in Vancouver, Canada headquartered Sandstorm Gold Ltd ended the session 0.91% higher at $5.57 with a total volume of 270,174 shares traded. Sandstorm Gold's shares have advanced 4.11% in the past three months. The stock is trading above its 200-day moving average. Furthermore, the stock's 50-day moving average of $5.77 is greater than its 200-day moving average of $5.33. Shares of the Company, which focuses on acquiring gold and other metal purchase agreements and royalties from companies that have advanced stage development projects or operating mines, are trading at a PE ratio of 73.29. Register for free and access the latest research report on SSL.TO at:

http://protraderdaily.com/optin/?symbol=SSL

Avalon Advanced Materials Inc.

Toronto, Canada headquartered Avalon Advanced Materials Inc.'s stock closed the day 7.14% lower at $0.13. The stock recorded a trading volume of 112,000 shares, below its three months average volume of 187,736 shares. Shares of the Company, which together with its subsidiaries, explores and develops rare metals and minerals primarily in Canada, are trading below their 50-day moving average of $0.14. Get free access to your research report on AVL.TO at:

http://protraderdaily.com/optin/?symbol=AVL

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SOURCE: Pro-Trader Daily