Screening Filters & Rationale
Market Cap >= $1 Billion:
- Purpose: Focus on established silver mining companies with significant market presence.
- Rationale: Larger market cap indicates stability and reduced risk compared to smaller, more volatile companies.
Weekly Average Turnover >= $1 Million:
- Purpose: Ensure sufficient liquidity for ease of trading.
- Rationale: High turnover reflects active trading and investor interest, reducing the risk of illiquidity.
Price Above 20-Day Moving Average:
- Purpose: Identify stocks in a short-term upward trend.
- Rationale: Stocks trading above their 20-day moving average often signal positive momentum.
Monthly Price Change >= 0%:
- Purpose: Filter for stocks with positive or stable recent performance.
- Rationale: Positive price change indicates resilience or growth potential in the current market.
Specific Tickers:
- Purpose: Narrow down the selection to relevant silver mining companies.
- Rationale: Focuses on companies directly involved in silver mining, aligning with the user's query.
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.