Mining Stocks Fail to Keep Pace With Skyrocketing Silver Prices

The Bedford Report released research on Coeur d’Alene Mines Corporation (NYSE:CDE,TSX:CDM) and Endeavour Silver Corp. (TSX:EDR,NYSE:EXK).

The press release is quoted as saying:

In the second quarter Coeur d’Alene reported net metal sales of $231.1 million represents 16% increase over prior quarter and is 129% higher than last year’s second quarter. The company is boosting its second half exploration expenditures by 67% to approximately $14.0 million to accelerate drilling activities at Palmarejo, Rochester and Joaquin due to ongoing positive results.

Click here to read the entire news release.