Wall Street Fundamentals Releases New In-Depth Stock Reports on CDE, HL, PAAS and SLW

Shares of silver miners declined Friday as prices for the commodity dropped to a 32-month low. On Friday, the iShares Silver Trust ETF (NYSEARCA:SLV - News) declined 4.88 percent, while the Global X Silver Miners (NYSEARCA:SIL - News) fell 3.70 percent. Precious metals prices have fallen sharply due to concerns that an improving U.S. economy would cause Federal Reserve to lower its bond purchases. Silver for July delivery settled to close at $21.743 a troy ounce on the Comex division of the New York Mercantile Exchange, the lowest since October 2010. Here is how some silver stocks reacted:

Coeur d'Alene Mines Corporation (NYSE:CDE - News)(TSX:CDM.TO - News) shares traded in the range of $13.71 to $14.42 Friday before settling to close at $13.78, a decrease of 5.29 percent. The stock appears to be facing some resistance at $14.20. Silver production totaled 3.8 million ounces for the first quarter of 2013, a decrease of 22 percent when compared to the year ago quarter. Shares of Coeur d'Alene Mines have fallen approximately 44.0 percent in 2013.

More information on Coeur d'Alene Mines and access to the free equity report can be found at: www.WallStreetFundamentals.com/CDE

Hecla Mining Company (NYSE:HL - News) shares traded in the range of $3.54 to $3.74 Friday before settling to close at $3.55, a decrease of 6.08 percent. The stock appears to be facing resistance at $3.56 with some support at 3.06. The company recently completed the acquisition of Aurizon Mines Ltd. The Casa Berardi mine is expected to produce 125,000 to 130,000 ounces of gold in 2013. Shares of Hecla Mining are down approximately 39 percent in 2013.

More information on Hecla Mining and access to the free equity report can be found at: www.WallStreetFundamentals.com/HL

Pan American Silver Corp. (NASDAQ:PAAS - News)(TSX:PAA.TO - News) shares traded in the range of $12.13 to $12.69 Friday before settling to close at $12.26, a decrease of 4.81 percent. The stock appears to be facing resistance at $12.70 with some support at $11.94. The company reported revenues were $243.0 million for the first quarter of 2013, an increase of 6.0 percent when compared the year ago quarter. Shares of Pan American Silver are down approximately 34.5 percent in 2013.

More information on Pan American Silver and access to the free equity report can be found at: www.WallStreetFundamentals.com/PAAS

Silver Wheaton Corp. (NYSE:SLW - News)(TSX:SLW.TO - News)shares traded in the range of $23.25 to $23.80 Friday before settling to close at $23.51, a decrease of 2.49 percent. The stock appears to be facing stiff resistance at $23.90 with some support at $21.73. The company reported net earnings were $133.4 million, or $0.38 per share, for the first quarter of 2013, a decrease of 9 percent when compared to the year ago quarter. Shares of Silver Wheaton have fallen approximately 35 percent in 2013.

More information on Silver Wheaton and access to the free equity report can be found at: www.WallStreetFundamentals.com/SLW

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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

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