Gold & Silver Stock Movers (HL, ABX, GG, EGO)

Hecla Mining Company (NYSE:HL) added 0.73% to $6.89. This week, the company announced that for fiscal 2010, it reiterates production guidance of between 10 million and 11 million ounces of silver. The 52-week range of the stock is $3.86-$7.47. Barrick Gold Corporation (USA) (NYSE:ABX) surged 2.28% to $48.09. This week, the company posted a record third-quarter profit on better-than-expected gold production and lower cash costs. Its shares rose. The company earned $837 million or 85 cents a share on sales of $2.8 billion in its latest quarter. On an adjusted basis, earnings jumped to $829 million or 84 cents a share from $473 million or 54 cents a year earlier. Analysts polled by Thomson Reuters were expecting earnings of 75 cents a share and sales of $2.64 billion. Goldcorp Inc. (USA) (NYSE:GG) added 0.68% to $44.59. Late Wednesday, the company said its third-quarter profit rose four-fold to $466.5 million, or 63 cents a share, from $114.2 million, or 16 cents a share, in the same quarter last year. Revenue for the company rose 28% to $885.8 million. The company also announced it would be doubling its annual dividend to 36 cents a share. Eldorado Gold Corporation (USA) (NYSE:EGO) fell 1.05% to $16.93. This week, the company posted net income of US$48.8 million or US$0.09 per share versus US$30.2 million or US$0.08 per share a year ago. On average, 12 analysts polled by Thomson Reuters expected earnings of US$0.10 per share for the quarter. Analysts' estimates typically exclude special items.
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