JM Bullion waited several months to inform customersRead full newsRead More
Shares of gold mining companies are well placed for a win-win outcome from November's U.S. election, according to MBMG Group Managing Director Paul Gambles.Read full newsRead More
"Our portfolio is hitting its stride," the mining company's chief executive says.Read full newsRead More
Short-term valuation analysis implies major gold stocks still have another 10-20% downside.Read full newsRead More
The Canadian stock market has always been a home for reliable, safe dividend stocks. In the last few years, tech and other sectors have seen a flurry of evolving companies, bringing investors high-growth opportunities as well. Here are four high-growth TSX stocks in Canada.WELL Health TechnologiesOne of the Canadian companies that have seen solid growth in the telehealth space recently is WELL Hea...Read More
TSX stocks at large tumbled almost 5% amid a notable surge in volatility last month. Interestingly, some of the top Canadian stocks stood strong and surged more than 30% in October. Could they remain firm for the rest of the year?Chorus AviationWhile almost the entire global aviation space is struggling amid the pandemic, Chorus Aviation (TSX:CHR) stock surged almost 35% last week. The charter fli...Read More
Are you worried about a renewed European economic lockdown or the uncertainties that the U.S. presidential election will bring?If you’re finding it difficult to navigate your stock portfolio in today’s environment, you can consider three top stocks to buy in November 2020.Gold stocksGold stocks are the place to invest in during times of uncertainty and, of course, times of money printi...Read More
Gold has climbed about US$20 an ounce since this point yesterday to almost $1,896/oz on the spot market.Silver was up slightly to more than $24/oz on the spot market.Newly-listed Gatos Silver hit a fresh high in Toronto (TSX: GATO) yesterday, closing up 2.9% to C$9.11 after debuting on the New York and Toronto stock exchanges last week, having raised US$150 million in its IPO priced at $7 per shar...Read More
Share this articleTORONTO - Iamgold Corp. says it has shut down operations at its Westwood underground gold mine in southern Quebec following a "seismic event" on Friday afternoon.The Toronto-based company says all employees were safely brought to the surface after the event which occurred at about 2:30 p.m. ET.The company adjusted the way it operates the mine after reporting increased seismic act...Read More
Share this articleTORONTO - Yamana Gold Inc. says it has signed a deal to buy Monarch Gold Corp.'s Wasamac project and Camflo property and mill through the acquisition of all of the outstanding Monarch shares it does not already own for $152 million in cash and shares.In connection with the plan, Monarch will first spin out to its shareholders its other mineral properties and certain other assets...Read More
In the third quarter, Copper Mountain Mining's (TSX: CMMC) flagship namesake open-pit mine in B.C., 20 km south of Princeton, generated 23.8 million lb. copper-equivalent, at all-in sustaining costs of US$1.43 per lb. copper and all-in costs of US$1.68 per lb. copper.Gil Clausen, the company's president and chief executive, said in a statement that Copper Mountain "posted another strong quarter" a...Read More
VanadiumCorp Resource (TSXV: VRB; US-OTC: APAFF) has released the first resource estimate for the Main zone at its wholly-owned Lac Dore vanadium project in northern Quebec, 27 km east-southeast of Chibougamau."Our first mineral estimate exceeded our expectations and shows that Lac Dore is one of the largest and highest-grade vanadium resources in North America," Adriaan Bakker, VanadiumCorp's pr...Read More
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) is expanding its footprint in the precious metals-rich Abitibi region of Quebec by acquiring all shares in smaller rival Monarch Gold (TSX: MQR) that it does not already own for $152 million (US$114 million).The cash and share deal gives Yamana the Wasamac property, which is 100 km from its 50%-owned Canadian Malartic mine, as well as the Camflo mill, al...Read More
The Dow Jones Industrial Average slumped 6.47% to finish the week at 26,501.60, and the S&P 500 fell by 5.64% to 3,269.96. Spot gold dropped US$22.70 per oz., or 1.19%, to US$1,878.60 per oz. from the previous week.Shares of Vale fell US74 ? to US$10.57 per share. The company reported that its third-quarter net profit nearly doubled compared with the same period a year ago. Net profit for the th...Read More
The S&P/TSX Composite Index fell 4.44% to 15,580.64 during the Oct. 26-Oct. 30 trading week. The S&P/TSX Global Mining Index declined by 2.52% to 92.89, and the S&P/TSX Global Base Metals Index slumped 3.18% to 103.99. Spot gold dropped US$22.70 per oz., or 1.19%, to US$1,878.60 per oz., and the S&P/TSX Global Gold Index fell by 0.81% to 350.09.Barrick Gold rose 41 ? to $35.62 per share. The compa...Read More
The S&P/TSX Venture Composite Index fell 34.35 points, or 4.78%, to 683.78 during the Oct. 26-30 trading week. Spot gold finished the trading week at US$1,878.60 per oz., down US$22.70 per oz., or 1.19%.New Found Gold jumped $1.59 to $4.48 per share. The company reported that drilling around last year's discovery hole in the Keats zone at its Queensway project in Newfoundland returned long interva...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index fell 58.1 points or 5.2% to 1050.80.MACD, our long-term momentum indicator, tumbled 9.41 points to -9.92. Our short-term momentum indicator, RSI, plunged 36% or 22.17 points to 40.02. MACD is a longer-term buy/sell indicator. It is most useful when it's trending in th...Read More
Niels-Arne Baden has a problem: the factory he's building for Green Hydrogen Systems is too small.Read full newsRead More
There are several industries that have a lot on the line in relation to outcome of the November 3rd election. In this week's Insights, we take a non-consensus view that precious metals mining is one such industry because not all scenarios are good for gold and silver.Preparing for a blue waveThe election also matters for stocks in other industries that have run-up in anticipation of a blue wave....Read More
Short-term valuation analysis implies major gold stocks still have another 10-20% downside.Read full newsRead More