Gold and Silver Stock Prices Are Plummeting: Here’s Why

Although the precious metals sector has not seen much movement in gold and silver prices recently, some companies in this sector are still expected to post their quarterly earnings reports. If those reports are impressive, they could help the sector’s stocks move higher. In the first quarter, Hecla Mining Co. reported that its silver production rose 3% in Q1. Endeavour Silver Corp., however, noted a 25% rise in its silver production over last year’s levels. Coeur Mining observed an average realized gold price of $1,374 per ounce in their last quarterly report.

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