Silvercorp

Has Endeavour Silver’s (AMEX:EXK), MAG Silver’s (AMEX:MVG), and Silvercorp Metals’ (NYSE:SVM) Time Come?

Now that silver has definitely turned the corner and is beginning to soar, the lagging silver miners like Endeavour Silver (AMEX:EXK), MAG Silver (AMEX:MVG) and Silvercorp Metals (NYSE:SVM) are about to have their moment, and investors should strongly benefit from them and others with strong exposure to silver, as it should begin to outperform gold going forward, even though gold will remain a

Continue Reading »

The Definitive Guide to Gold Dividend Stocks

The Definitive Guide to Gold Dividend Stocks

It’s one of the biggest gripes among anti-gold investors: Gold bullion doesn’t pay a dividend, nor does it produce any other kind of income. However, there are several gold stocks that do pay dividends. And in just one minute, I’ll reveal the top three gold stocks that are currently paying the highest annual dividends. Plus, I’ll tell you about the top silver dividend-paying stock. But first, you need to understand something about gold dividend stocks… Gold dividend stocks Gold companies have never thrilled investors with their dividend payments. And investors looking for regular high-yield annual dividends of +5% aren’t going to find them among gold stocks. In fact the highest dividend yielding gold stock right now only offers a 2.5% annual return. But I’ve recently found over a dozen energy stocks alone that are paying 8% to 12% annual yields . Skimpy dividend payments keep gold stocks out of dividend funds. Typically, stocks need a minimum yield of about 2%, and have consistent dividend growth for 5 to 10 years to be considered candidates for the dividend investment category. Yet, while gold stocks have not historically offered much in the way of dividends, increasing commodity prices are prompting many gold companies to boost yields and even initiate new dividend programs. Dividends are rising among gold stocks Back in March, Yamana Gold (NYSE: AUY ) began to increase their dividend payment as the rising price of gold drove up revenue. Since that time, the company has doubled its dividend payments. Take a look: Yamana is currently paying a 0.80% annual dividend yield. Other gold companies are increasing their dividend payments as well. Recent gold stocks to boost dividend payouts include: Newcrest Mining (ASX: NCM ) increased their annual dividend this year by 33% to $0.20 per share after the company saw net profit more than double for the year. Kinross Gold (NYSE: KGC ) has kept the company’s semi-annual dividend steady for the past 12 months at $0.05 per share. However, it was increased 25% during the third quarter of 2009. AngloGold Ashanti (NYSE: AU ) dropped their most recent semi-annual dividend payment slightly from $0.092 to $0.09. However, the company has increased their semi-annual yield by 73% from the spring 2009 payment of just $0.052 per share. Newmont Mining (NYSE: NEM ) just raised their quarterly dividend by 50% from $0.10 to $0.15 per share as production revenue rose. Eldorado Gold (NYSE: EGO ) announced the inaugural annual dividend payment of $0.05 per share in February. Even with recent increases, dividend yields among gold stocks are still relatively low. Most annual dividend yields from the world’s largest gold companies are still under 1%. However, there are a few that pay a little more… The top 3 gold dividend stocks Company: Barrick Gold Annual Dividend: 1.05% Barrick Gold (NYSE: ABX ) just increased the company’s quarterly dividend by 20% to $0.12 per share as profits soar for the world’s largest gold firm. If Barrick maintains quarterly dividends at current levels, the company will pay a 1.05% annual dividend. Company: Gold Fields Annual Dividend: 1.25% Gold Fields (NYSE: GFI ) has raised and lowered its dividends based on revenue from the company’s major South African gold production and processing operations over the past several years. The stock is currently paying …

Continue Reading »

Silvercorp Metals (SVM): From Canada to China

Filed in Bank Gold, commodities, Gold, silver, Silvercorp by on October 18, 2010 0 Comments
Silvercorp Metals (SVM): From Canada to China

Filed under: International Markets , China , Newsletters , Canada , Commodities , Stocks to Buy “You’ve undoubtedly noticed gold’s run up; but you may have missed the serious gains coming from gold’s underappreciated sister — silver,” suggests Keith Fitz-Gerald . The editor of The New China Trader explains, “To play this trend, we are buying Silvercorp Metals ( SVM ), which engages in the acquisition, exploration, development, and operation of silver mining properties in Canada and China. Continue reading Silvercorp Metals (SVM): From Canada to China Silvercorp Metals (SVM): From Canada to China originally appeared on BloggingStocks on Mon, 18 Oct 2010 13:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

Continue Reading »

Silvercorp (SVM): Top Pick Among Silver Miners

Filed in Bank Gold, commodities, Gold, Gold News, gold-stocks, miners, silver, Silvercorp, ubs by on September 17, 2010 0 Comments

Filed under: International Markets , China , Newsletters , Canada , Commodities , Stocks to Buy “Silver currently shows a powerful ‘cup-and-handle’ formation; we’ve seen similar formations for gold over the past couple of years, and each time the metal subsequently rallied to new all-time highs,” notes Brien Lundin . The editor of The Gold Newsletter — and the host of the annual New Orleans Gold Conference — explains, “This pattern is a potent indication of a rally ahead. In short, silver is shining right now, and seems ready to gleam even more brightly, especially in comparison to gold. Meanwhile, one of our favorite silver stocks is Silvercorp Metals ( SVM ). Continue reading Silvercorp (SVM): Top Pick Among Silver Miners Silvercorp (SVM): Top Pick Among Silver Miners originally appeared on BloggingStocks on Fri, 17 Sep 2010 11:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

Continue Reading »

China’s Silver Bull Market

China’s Silver Bull Market

A Chinese silver bull market is about to make history. And with the world’s largest population, increasing silver demand for investment and manufacturing could help drive prices worldwide — and spur significant gains for companies with silver assets in China. The Chinese have used silver as a monetary unit for over a thousand years. But it was until only recently that China’s silver sector was opened to investment. And now, thanks to de-regulations of the silver market, China has become one of the premier silver mining countries in the world— with booming global investment interest. Under the Mao Zedong administration, the Chinese government imposed strict controls over the silver market beginning in 1949. This made the private purchase of silver bullion illegal. And it prohibited international companies from any ownership or rights to develop mineral projects in the country. This meant China’s silver resources could not be fully explored or evaluated with modern techniques. But after Mao’s death in 1976, the Chinese moved away from a state-controlled economy. And over the next three decades, China loosened the reins on the silver market and deregulated its mining sector, piece-by-piece. 5 Global Reasons to Invest in Silver Now Investment demand for silver has skyrocketed 522% since 2007. World governments are hoarding silver; official sales have plummeted 83% in the past three years. Above-ground silver supplies dropped 86% last year. Industrial demand for silver has increased over the past decade, despite a 236% increase in prices. Silver outperforms gold during bull markets. Today, the country has streamlined the permitting and approval process and allowed silver companies to advance projects faster than many other countries in the world. As a result, foreign investment has transformed the Chinese silver industry in the past ten years, turning it into the third-largest silver producer in the world today. Since the de-regulation of the market, rapid economic growth boosted demand for silver— needed in everything from investment bullion and jewelry to electronics, photography, and silverware. Rising personal income levels and a higher standard of living for billions of Chinese is expected to continue increasing silver industrial demand in the country…

Continue Reading »

Silvercorp Metals (NYSE:SVM) Shares Plunge on Heavy Rains in China

Filed in Silvercorp, Uncategorized by on July 26, 2010 0 Comments

Silvercorp Metals Inc. (NYSE:SVM) plunged in New York and Toronto as the company projected a 10 percent drop in production as a result of abnormally heavy rains at their China “Ying” silver/lead/zinc mining camp.Over a period of three hours, 217 mm of rain deluged the mining location, flooding three tunnels even with flood control measures in place.Silvercorp said this in a statement:“Mining

Continue Reading »