Metals, Mining Stocks Moving Higher (PZG, SA, AAU, SLW, FCX, AEM)

Despite broader weakness this morning in the broader equity markets, the metals and mining stocks are moving higher, led by a few select names. Paramount Gold and Silver Corp. PZG is moving sharply higher on heavy volume. At last check, shares were up 16% to $3.18, a gain of 44 cents. Volume is particularly heavy as well, as it's traded 3.2 million shares, more than double its daily volume. Seabridge Gold, Inc. SA is up 7.3% this morning, gaining on heavy volume. It's traded a little under 600,000 shares, more than twice its average daily volume. AngloGold AAU is up 4.7% on the back of higher gold prices. Silver Wheaton SLW is up 1.1% in early Monday trading, despite lower silver prices. Other gold stocks like Freeport McMoran FCX, and Agnico-Eagle Mines Limited (USA) AEM are higher this morning due to higher gold prices as well.