BUZZ-Silver miners down as metal prices edge lower
Endeavor Group Holdings Inc EDR | 29.25 | Delist |
Hecla Mining Company HL | 19.18 | 0.00% |
Coeur Mining, Inc. CDE | 19.09 | -0.10% |
Silvercorp Metals Inc. SVM | 10.99 | -0.99% |
abrdn Physical Silver Shares ETF SIVR | 69.11 | -3.44% |
** U.S.-listed shares of silver miners down premarket, tracking falling prices of the metal GOL/
** Spot silver XAG= down 6% at $63.66 per ounce, as escalating Middle East conflict stoked inflation concerns and raised expectations of higher global interest rates
** Hecla Mining HL.N and Coeur Mining CDE.N down 7% and 7.7%, respectively
** Canadian miners: Endeavour Silver EDR.TO, EXK.N falls 6.1%; Silvercorp Metals SVM.TO, SVM.N down 6.6%
** Abrdn Physical Silver Shares ETF SIVR.P down 6.4% and iShares Silver Trust ETF SLV.P falls 5.7%