Silver miners surged Wednesday as prices for the precious metals gained for the fifth consecutive day. The iShares Silver Trust ETF (SLV) has gained approximately 10.0 percent in the past week. Silver prices have rallied nearly 20 percent from nearly a three year low of $18.40 an ounce on June 27th, but are still down roughly 28 percent for the year. The outlook for global demand improved Wednesday as the Eurozone economy exited the recession with a growth in the second quarter. Gross domestic product for the Eurozone grew by 0.3 percent in the second quarter, compared to a 0.3 percent contraction in the previous quarter, breaking a streak of six consecutive quarters of contraction. Here is how some silver stocks reacted Wednesday:

First Majestic Silver Corp. (NYSE:AG - News) shares traded in the range of $13.20 to $14.44 Wednesday before settling to close at $14.41, an increase of 9.92 percent. The stock appears to be facing some resistance at the $15.13 and $16.92 levels with some support at $14.14. Shares of First Majestic Silver have rallied approximately 18.0 percent in the past week.

More information on First Majestic Silver and access to the free equity report can be found at:
www.WallStreetFundamentals.com/AG

Coeur d'Alene Mines Corporation (NYSE:CDE - News) shares traded in the range of $14.68 to $15.31 Wednesday before settling to close at $15.22, an increase of 4.46 percent. The stock appears to be facing some resistance at the $15.55 and $16.44 levels with some support at $14.85. Shares of Coeur d'Alene Mines have rallied approximately 16.0 percent in the past week.

More information on Coeur d'Alene Mines and access to the free equity report can be found at:
www.WallStreetFundamentals.com/CDE

Pan American Silver Corp. (NASDAQ:PAAS - News) shares traded in the range of $13.36 to $14.00 Wednesday before settling to close at $13.79, an increase of 3.76 percent. The stock appears to be facing some resistance at the $13.98 and $14.60 levels with some support at $13.32. Shares of Pan American Silver have rallied approximately 13.0 percent in the past week.

More information on Pan American Silver and access to the free equity report can be found at:
www.WallStreetFundamentals.com/PAAS

Silvercorp Metals Inc. (NYSE:SVM - News)(TSX:SVM.TO - News) shares traded in the range of $3.44 to $3.79 Wednesday before settling to close at $3.72, an increase of 7.83 percent. The stock appears to be facing some resistance at the $3.90 and $4.06 levels with some support at $3.55. Shares of Silvercorp Metals have rallied approximately 24.0 percent in the past week.

More information on Silvercorp Metals and access to the free equity report can be found at:
www.WallStreetFundamentals.com/SVM

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com