The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
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
Bonterra Resources Inc. is pleased to provide an update on recently completed activities and exploration plans moving into the winter season.Read full newsRead More
Juggernaut Exploration Ltd. is pleased to report the discovery of a strong new Volcanogenic Massive Sulfide (VMS) target on the Gold Crest property.Read full newsRead More
If you're interested in Highland Gold Mining Limited (LON:HGM), then you might want to consider its beta (a measure of...Read full newsRead More
Bear notes galore for UBER, MYGN after earningsThe U.S. stock market is roaring higher again today, with the Dow hitting a new all-time high. Among specific stocks making notable moves are electric carmaker Nio Inc (NYSE:NIO), ride sharing concern Uber Technologies Inc (NYSE:UBER), and healthcare stock Myriad Genetics, Inc. (NASDAQ:MYGN). Here's a quick look at what's moving the shares of NIO, UBE...Read More
Rosenblatt upgraded Applied Optoelectronics to "buy" and lifted its target price to $13A bull note from Rosenblatt has the shares of fiber-optic networking provider Applied Optoelectronics Inc (NASDAQ:AAOI) up 9.5% to trade at $11.60, set for its highest close in over a month. The analyst upgraded the stock to "buy" from "neutral," and lifted its price target to $13 from $10, expecting the company...Read More
3 penny stocks to watch todayRenewable fuel expert Gevo Inc (NASDAQ:GEVO) is rallying today thanks to news the company has won a bid to supply Seattle's fleet vehicles with renewable gasoline, and that it's developing blockchain technology with Blocksize Capital. The stock was last seen 12.1% higher at $2.68, though it topped out right near the 80-day moving average and the $2.80 region, which ser...Read More
AMD stock hit a 12-year high earlier todayAdvanced Micro Devices, Inc. (NASDAQ:AMD) stock has been surging up the charts since taking a sharp bounce off familiar support at its 180-day moving average in early October, gaining nearly 28%. What's more, the shares are pacing for a fifth straight win today -- up 2.3% at $37.14, fresh off a 12-year high of $37.18 -- a streak sparked by a positive earni...Read More
CVNA shares are up almost 150% in 2019Back in August we saw Carvana Co (NYSE:CVNA) jump 25.1% the day after the company's earnings release. In fact, CVNA shares have been positive after earnings in six straight quarters, something investors should know with the company due to report after the close tomorrow, Nov. 6.However, options traders have actually been buying puts ahead of the event, with th...Read More
If you're interested in Highland Gold Mining Limited (LON:HGM), then you might want to consider its beta (a measure of...Read full newsRead More
VANCOUVER, Nov. 4, 2019 (Canada NewsWire via COMTEX) -- Highlights: -- Yarumalito acquisition will further expand GoldMining's portfolio of gold-copper...Read full newsRead More
Nielsen stock just ran up to a historically bearish trendline that could spell trouble Entertainment concern Nielsen Holdings (NYSE:NLSN) has been chopping lower this year, pressured by its 100-day moving average, and just recently bottoming out at an all-time low right beneath familiar support at the $20 region. Since this late-October low, the stock has been in rally mode, looking to clock its...Read More
The Nasdaq hit a new high earlier, tooThe Dow Jones Industrial Average (DJI) hit a new record high earlier, as trade-sensitive stock Boeing (BA) climbs on positive headlines surrounding U.S-China tariff negotiations and news CEO Dennis Muilenburg said he would decline bonuses for this year. The Nasdaq Composite (IXIC) is fresh off an all-time peak, too, with both indexes eyeing a third straight...Read More
Short interest is notably high on the equityDistribution specialist Fastenal Company (NASDAQ:FAST) is shaping up as an ideal trade target for a contrarian trader. The stock has rallied 42% in 2019, and recently gapped to near highs thanks to strong quarterly earnings. However, sentiment around the stock is remarkably bearish, meaning there is still plenty of fuel in the tank for this outperformer....Read More
When Apple Inc's video streaming service made its debut on Friday, it came ...Read full newsRead More
While its four local mines are back in operation, the company has doubled it expected production loss for 2019 to about 10,000 tonnes.Read full newsRead More
Endo International's CEO will retire once a successor is namedThe shares of drugmaker Endo International PLC (NASDAQ:ENDP) are sliding this morning, following CEO Paul Campanelli's retirement, effective once a successor is named. This announcement has overshadowed the company's third-quarter earnings beat and upwardly revised full-year outlook, which the firm attributed to strengthening sales in i...Read More
BYND was oversold heading into today, tooWhen we last checked in with Beyond Meat Inc (NASDAQ:BYND), the faux meat concern was getting battered after a dismal corporate report. Today, BYND is on the mend, up 4.5% to trade at $83.39, after Bernstein hiked its rating to "outperform" from "market perform." In keeping its price target of $108 steady, the analyst in coverage said the upgrade was a "va...Read More
The Japan Automobile Manufacturers Association attributed the drop to weather and potential headwinds from the country's new consumption tax rate... Read full newsRead More
November calls were popular on SHAK and TPRInvestors are monitoring earnings releases from Shake Shack Inc (NYSE:SHAK) and Tapestry Inc (NYSE:TPR), and both stocks are sliding in pre-market action. This would be bad news for a number of options traders, since data for both SHAK and TPR shows interest in calls. For SHAK, the shares are set to open down 17.2%, which would put them below the 200-day...Read More
Talks of reducing some of the tariffs imposed on Chinese goods back in September are reportedly in the works Stock futures are once again pointing to all-time highs today, with Dow futures more than 70 points above fair value amid reports the U.S. may roll back some of the $125 billion in tariffs on Chinese goods enacted in September. This fresh optimism on U.S.-China relations comes just ahead of...Read More