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Basic Materials Sector Equities Under Review — Coeur Mining, First Majestic Silver, Silver Standard Resources, and Schnitzer Steel Industries

NEW YORK, NY / ACCESSWIRE / January 15, 2016 / Park Lane Advisor has initiated coverage on the following equities: Coeur Mining Inc. (NYSE: CDE), First Majestic Silver Corporation (NYSE: AG), Silver Standard Resources Inc. (NASDAQ: SSRI), and Schnitzer Steel Industries Inc. (NASDAQ: SCHN). Free research report on Coeur Mining can be accessed at http://www.parklaneadvisor.com/ On Thursday, January 14, 2016, the NASDAQ Composite ended at 4,615.00, up 1.97%, the Dow Jones Industrial Average advanced 1.41%, to finish the day at 16,379.05, and the S&P 500 closed at 1,921.84, up 1.67%. The gains were broad based as all the sectors ended the session in positive. Register for your complimentary reports at the links given below.

Coeur Mining Inc.’s stock finished Thursday’s session 6.00% lower at $1.88. A total of 3.13 million shares were traded, which was above its three months average volume of 2.26 million shares. Over the last one month and the previous three months, Coeur Mining Inc.’s shares have declined 21.99% and 39.74%, respectively. Additionally, the stock has plummeted 64.66% in the past one year. The company’s shares are trading below their 50-day and 200-day moving averages by 25.89% and 51.51%, respectively. Coeur Mining Inc.’s stock has a Relative Strength Index (RSI) of 27.73. Sign up and read the free notes on CDE at:

http://www.parklaneadvisor.com/

On Thursday, shares in First Majestic Silver Corp. ended the session 2.14% lower at $2.75. The stock reported a trading volume of 1.72 million shares, above its three months average volume of 1.58 million shares. First Majestic Silver Corp.’s shares have declined 15.90% in the last one month, 31.93% in the previous three months and 53.39% in the last one year. The company is trading 14.54% below its 50-day moving average and 30.72% below its 200-day moving average. Moreover, shares of First Majestic Silver Corp. have an RSI of 36.28. The complimentary notes on AG can be downloaded in PDF format at:

http://www.parklaneadvisor.com/

Silver Standard Resources Inc.’s stock lost 3.63%, to close the day at $4.51. The stock recorded a trading volume of 1.21 million shares, below its three months average volume of 1.39 million shares. Silver Standard Resources Inc.’s shares have plummeted 11.74% in the last one month and 40.03% in the previous three months. Furthermore, the stock has declined 25.08% in the past one year. The company’s shares are trading 15.45% below their 50-day moving average. Additionally, Silver Standard Resources Inc. has an RSI of 34.00. Register for free on Park Lane Advisor and access the latest research on SSRI at:

http://www.parklaneadvisor.com/

On Thursday, shares in Schnitzer Steel Industries Inc. recorded a trading volume of 0.38 million shares, close to their three months average volume of 0.35 million shares. The stock ended the day 3.74% higher at $12.77. Schnitzer Steel Industries Inc.’s stock has declined 15.60% in the last one month, 25.13% in the previous three months and 24.38% in the last one year. The company is trading below its 50-day and 200-day moving averages by 16.07% and 21.33%, respectively. Furthermore, shares of Schnitzer Steel Industries Inc. have an RSI of 35.31. The complete research on SCHN is available for free at:

http://www.parklaneadvisor.com/

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SOURCE: Park Lane Advisor

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