The AOCE and WB have moderate overall forecasts for the metals in 2025 inline with IMF forecasts for a decline in economic growth and inflation, although we see the probability of a stagflationary scenario as still reasonably high.Read More
The past year was a difficult one overall for the metals, with the main standouts to the upside being a geopolitical risk-driven gain in gold, a China-driven rise in iron ore and a surge in uranium on broadening global support for nuclear power (Figure 1). A jump in global interest rates to near two-decade highs saw recession fears persist all year, and while one still did not actually eru...Read More
This year the post-global health crisis boom was brought to an end by a surge in inflation to forty-year highs, a major rise in global interest rates in an attempt to curb the rising prices and surging geopolitical risk after Russia's invasion of Ukraine. While precious metals held up reasonably well as markets turned to them as a risk hedge, by Q2/22 the higher interest rates put an end t...Read More
Chile is the world leader in copper production, at 28.5% of the total in 2020, and this looks set to continue, with the country having the largest global reserves, at 23.0% of total. It is also the global leader for molybdenum, which is often found along with copper, and is a major lithium player, holding 51.1% of global reserves. Read More
Newfoundland has become a gold exploration hotspot over the past few years, with the sector seeing some of its strongest activity ever. While the province remains a small contributor to Canadian gold production, it has a substantial mineral industry well supported by the government, focused on iron ore, copper and nickel, and the surge in exploration suggests that gold output from the...Read More
Nevada is the core of the U.S. gold output, accounting for by far the majority, at 75.4% on average for the past year. The state looks set to remain a dominant player in U.S. gold, as it accounts for 49% of total U.S. reserves, with Alaska slightly ahead with 51% of reserves, but just 8.6% of current production. The U.S. accounts for 6.1% of global gold output, making Nevada one of the largest gol...Read More
The Golden Triangle in northwestern British Columbia has historically been a major site of Canadian gold production, beginning as early as the mid 1800s. There was a wave of production in the 1990s which cooled as the gold price declined, but larger scale production resumed in 2017, and the area has seen surging exploration interest over the past year, given that the region has some of the largest...Read More
In this report we outline the Quebec gold mining industry, including its major producers, and a survey of many of the junior miners focused on the province. Quebec accounts for 34% of Canadian gold production (second to Ontario, with 44%) and remains a major focus for both producers and junior miners.Read More
Red Lake has been one of the most prolific gold mining districts in Canada and the world, with exploration having started in the 1920s, and production, which began in the 1930s, continuing to the present day. The district is known for the high grade of its gold, its infrastructure, and strong institutional support, given the long history of mining in the area.Read More
Asterion Cannabis Inc. Is a Canadian medical cannabis company with a wholly owned Australian subsidiary. The company is focused on being a leader of precision agriculture and producing the highest quality, low cost, genetically uniform strains of cannabis.Read full newsRead More
Cannabis SolutionsRead full newsRead More
More cases of coronavirus were reported todayDespite paring steeper losses, the Dow ultimately closed in the red. Renewed coronavirus fears and weak guidance from Cisco Systems (CSCO) weighed heavy on investors, although the blue-chip index did bounce off its more than 200-point session lows. The S&P 500 and Nasdaq nabbed fresh record highs and worked their way into positive territory in the after...Read More
Feb 12, 2020 (GoldStocks.com via COMTEX) -- The rally in gold has been in progress since the beginning of the year due to the onset of the coronavirus scare...Read full newsRead More
TDOC stock has been on fireThe shares of Teladoc Health Inc (NYSE:TDOC) have been red hot, hitting fresh highs today and last seen up 2.2% at $112.39. Call traders aren't shying away, with call volume running in the 93rd annual percentile. This is mostly due to heavy activity at the February 110 call, where almost 3,000 contracts have traded, compared to fewer than 300 at the next most popular. Si...Read More
Amex Exploration Inc. is very pleased to report multiple high grade drill results from the Eastern Gold Zone on its 100% owned Perron property.Read full newsRead More
The equity just pulled back a historically bullish trendlineWaste Management, Inc. (NYSE:WM) has been on a roll recently, stringing together an eyebrow-raising nine weekly wins, and up 26% year-over-year. But while a fourth-quarter revenue miss has shares of environmental services concern selling off today -- down 1.6% to trade at $123.50 at last check -- just one day after hitting an all-time hig...Read More
To strengthen its appeal for increasingly vigilant investors, the gold miner will focus on environment, sustainability and governanceRead full newsRead More
Walmart will be the single blue chip posting earnings next week While next week will be a short one due to Monday's market closure in honor of President's Day, there will be plenty of economic data and earnings stuffed into those next four trading days. The most notable name to enter the earnings confessional is Walmart (WMT) which will post its quarterly report on Tuesday, while quarterly reports...Read More
SunTrust initiated coverage with a "buy" rating and a $50 price target Constellation Pharmaceuticals Inc (NASDAQ:CNST) is bucking the broad-market trend today, and surging after SunTrust Robinson initiated coverage with a "buy" rating and a $50 price target -- a roughly 43% premium to last night's close. The analyst said Constellation's myelofibrosis drug candidate CPI-1610 showed promised, callin...Read More
Coronavirus fears are sparking a sell-off from yesterday's record highs The Dow Jones Industrial Average (DJI) is continuing its tumble off yesterday's record highs, down more than 150 points as coronavirus fears begin to swirl back up and Cisco Systems' (CSCO) third-quarter guidance cut continues to weigh heavily on the index. The S&P 500 Index (SPX) and Nasdaq Composite Index (IXIC) are be...Read More
Both stocks have started 2020 off with modest gainsThe20 stocks listed in the table below have attracted the highest weekly options volume during the past 10 trading days, with data courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. The stocks highlighted in yellow are new to the list. Below, we're going to take a closer look at social media stalwarts Twitter Inc (NYSE:TWTR) and Sn...Read More
CAT has added 20% over the past six monthsConstruction equipment name Caterpillar Inc. (NYSE:CAT) was seeing a modest lift this morning after receiving a fresh bull note out of Goldman Sachs. The brokerage firm upgraded CAT to "buy" from "neutral," citing an end to the U.S. machinery recession through tightening capacity utilization, inventories and backlog approaches. However, the stock has rev...Read More
Analysts have weighed in bullishly and bearishly todayThe worst Dow stock so far this morning is Cisco Systems, Inc. (NASDAQ:CSCO), down 5.4% to trade at $47.25. While the tech giant reported second quarter earnings and revenue that topped analyst forecasts, the company warned of a larger-than-expected third quarter revenue drop of 1.5% to 3.5%. Cisco attributed the surprise drop to global econom...Read More
MGM's CEO Jim Murren Stepped down yesterday The shares of MGM Resorts International (NYSE:MGM) are running lower this morning, just one day after news broke that the firm's CEO Jim Murren has decided to step down. The casino company's board also withdrew its full-year forecast for the time being, blaming coronavirus anxieties, though Murren added that he believes the economic effects of the deadly...Read More
Earnings from Cisco Systems, PepsiCo, and Alibaba are also in focusU.S. stock futures are trading below fair value this morning as the attention shifts back to the coronavirus outbreak. Reports pointing to another jump in cases of the virus in China have sparked losses for global stock markets, and the Dow Jones Industrial Average (DJI) is now facing a triple-digit drop at the open. The losses loo...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that the Company has signed a multi-year supply agreement with a global Land Mobile Radio ("LMR") and software vendor (the "Vendor").The agreement outlines that Siyata Mobile will supply the Uniden (R) UV350 in-vehicle IoT device to the Vendor, for resale to its first responder...Read More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna") a royalty company for the U.S. licensed cannabis industry is pleased to announce that it has signed a New Royalty Agreement ("Agreement") with Cultivation Technologies, Inc. ("CTI") of Coachella, CA a top-ranked and award winning cannabis extraction and manufacturer. Further to the Agreement, FinCanna h...Read More
US Federal Reserve chairman Jerome Powell told the US Senate yesterday the country's economic expansion was well into its 11th year and the longest on record, appearing resilient to global headwinds but said the bank was closely monitoring the emergence of the coronavirus, which could lead to disruptions in China which could spill over to the rest of the global economy.In London, miners were three...Read More
BDO noted that while the exodus of capital from junior mining to things like bitcoin and cannabis had eased, the investors had not necessarily returned to explorers.Read More