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

The equity has the highest average returns of any stock for the month of MayVideo game concern Electronic Arts Inc. (NASDAQ:EA)is looking at a roughly 7% loss for April, which would mark its worst month since November. However, EA stock just showed up on the list of best stocks to own in May, according to Schaeffer's Senior Quantitative Analyst Rocky White. Not only that, EA tops the list with an...Read More

Silver Spruce Resources Inc. (Read full newsRead More

The brokerage firm called the company the "5G Analog asset of choice"RBC initiated coverage on Analog Devices, Inc. (NASDAQ:ADI) with an "outperform" rating and $140 price target, a 22.9% premium to last night's close. The analyst in coverage called the semiconductor name the "5G Analog asset of choice," and expects its communications segment to outperform through next year. In reaction, ADI stock...Read More

ACB calls have been favored latelyWhen we checked in with Aurora Cannabis Inc (NYSE:ACB) last week, the weed stock was enjoying some bullish analyst attention. While there haven't been any new bull notes to come through, ACB's options pits have seen some interesting activity today. Specifically, more than 52,000 ACB options have changed hands today -- nearly doublethe average intraday amount. Lea...Read More

Haywood Securities has initiated coverage of Minera Alamos (TSXV: MAI) with a buy rating and 12-month target price of C$0.40 per share-a 281% return from the junior's current share price of C$0.11."Minera Alamos holds two development projects in its project portfolio that can be quickly ramped up to production, with the potential to produce ~ 100,000 ounces of gold over the next few years," mining...Read More

Haywood Securities has initiated coverage of Minera Alamos (TSXV: MAI) with a buy rating and 12-month target price of C$0.40 per share-a 281% return from the junior's current share price of C$0.11."Minera Alamos holds two development projects in its project portfolio that can be quickly ramped up to production, with the potential to produce ~ 100,000 ounces of gold over the next few years," mining...Read More

Haywood Securities has initiated coverage of Minera Alamos (TSXV: MAI) with a buy rating and 12-month target price of C$0.40 per share-a 281% return from the junior's current share price of C$0.11."Minera Alamos holds two development projects in its project portfolio that can be quickly ramped up to production, with the potential to produce ~ 100,000 ounces of gold over the next few years," mining...Read More

GTHX stock is headed for its best day on recordThe U.S. stock market is dragging today on a rare revenue miss from Google parent Alphabet (GOOGL). Among other names making notable moves are former Dow component General Electric Company (NYSE:GE), clinical-stage biotech G1 Therapeutics Inc (NASDAQ:GTHX), and generic drugmaker Mallinckrodt PLC (NYSE:MNK). Here's a quick look at what's moving the sha...Read More

Volatility expectations are high ahead of QCOM earnings Qualcomm, Inc. (NASDAQ:QCOM) continues to trade near multi-year highs after being released from the grip of its long-time court battle with Apple (AAPL). QCOM stock was last seen trading at $87.06 with earnings due out after the close tomorrow, Wednesday, May 1, and there's notable call activity taking place in the options pits. Calls are out...Read More

One retail stock could be headed for new lowsThe major stock market indexes are set to wrap up April with solid gains, with the S&P 500 Index (SPX) on pace for a monthly win of 3.65% -- a fourth straight monthly gain. However, while we don't necessarily buy into the old "Sell in May and go away" adage, several stocks could move lower next month, if recent history is any indicator. Among the equiti...Read More

Vancouver, BC - Norra Metals Corp. (TSX-V:NORA) (the "Company" or "Norra") is pleased to announce that the company has been moving forward with exploration plans on our recently acquired Scandinavian properties. The four Scandinavian projects, three properties in Norway and one in Sweden, provide Norra with a portfolio of prospective properties for our newly created European Business Unit and wi...Read More

Trump just threw a wrench in the works of the Democrats' latest fishing expedition.Read full newsRead More

Fellow FAANG stock AAPL is sinking ahead of earningsThe Dow Jones Industrial Average (DJI) is down roughly 50 points, erasing early gains stemming from well-received blue-chip earnings. Apple (AAPL) is the leading laggard on the Dow, dropping ahead of earnings tonight, as fellow FAANG stock Alphabet (GOOGL) sinks on weaker-than-expected first-quarter revenue. The tech-rich Nasdaq Composite (IXIC...Read More

As we know, gold and the US dollar have an inverse relationship. Gold is priced in US dollars and the drivers of each are similar (from an inverse point of view). Over long-term periods both trend in the same direction but the magnitude of the moves can vary and be quite different.The standard inverse relationship has not been a perfect one in recent months or years.In the chart below we plot gold...Read More

The U.S. push to challenge China's dominance in the production and sale of electric vehicles has at least one weak link: Most of the raw materials needed to make the batteries are dug elsewhere.Both Chinese and US-based companies have invested heavily in lithium mining projects in Chile, Australia and Argentina, some of the world's top producing nations. But unlike the U.S., Chinese companies have...Read More

Ford stock just saw its best day in years last FridayShares of Ford Motor Company (NYSE:F) are moving higher in this morning's trading, last seen up 0.8% at $10.40, after receiving a price-target hike to $12.50 from $11 at Jefferies, and announcing a new partnership with Amazon.com (AMZN), where deliveries will be made to qualifying Ford and Lincoln vehicles. Jefferies said strong first-quarter r...Read More

The internet stock is trading near key technical supportThe shares of internet name Altaba Inc (NASDAQ:AABA) just pulled back to their 40-day moving average and a pennant breakout trendline before bouncing higher. The stock has since consolidated beneath the $76.50 area, which happens to be the 10% year-over-year level. Currently, AABA's Schaeffer's put/call open interest ratio (SOIR) of 0.97 sits...Read More

Industrial metal markets are taking a breather as they await tangible evidence that China's latest stimulus package is feeding through to a flagging manufacturing sector.April's purchasing managers indices, weaker than expected but still just in expansion territory, mean the collective guessing game continues.Copper imports almost matched last year's record pace, while China continues to soak up r...Read More

Jefferies analysts believe MHK's downside is limited from hereFlooring expert Mohawk Industries, Inc. (NYSE:MHK) has seen its stock struggle mightily ever since a late-2017 peak near $287. As such, it's not surprising to note that the majority of covering analysts have skeptical outlooks on the shares, with nine of 15 handing out "hold," "sell," or "strong sell" recommendations. However, Jefferies...Read More

The FAANG stock unveiled first-quarter revenue that didn't live up to expectations Google parent Alphabet Inc's (NASDAQ:GOOGL) highly anticipated first-quarter earnings were released after the close last night, with mixed results. The FAANG name posted a better-than-expected adjusted profit, but revenue that fell below estimates. In a subsequent conference call, Chief Financial Officer Ruth Porat...Read More