A new year means you can contribute additional money into your TSFA. For 2019, the contribution limit is $6,000.Since you'll never have to pay any taxes on the money you are making in your TFSA, you should try your best to maximize its potential. Buying cheap stocks that pay high dividends is a good way to do so. All the juicy dividends you'll receive and the capital appreciation you'll get from t...Read More
Growth investment usually takes two distinct forms when it comes to investing in the TSX index: buying for future capital gains and buying for ongoing dividends. Among the best quality growth stocks to buy now, investors will find a spread of very diverse data, which includes a whole range of multiples, outlooks, track records, and other indicators of value, quality, and momentum.Below you will fi...Read More
With so much uncertainty in the world today, investors are looking for somewhere secure to put their money.A safe haven.Consider gold, as this precious metal has been the go-to in times of elevated uncertainty.In late 2011, gold prices peaked at close to $1,900 per ounce, then retreated steadily to levels of just over $1,000 per ounce at the end of 2015. Prices are currently just shy of $1,300 per...Read More
As the lithium growth play continues to shape up over time, Lithium Americas (TSX:LAC)(NYSE:LAC) and its more advanced counterpart Nemaska Lithium are two very promising pure-play lithium stocks on the TSX that have gone through severe pain during the past year. Could a lithium growth play deliver better returns in 2019?Forecasted growth in lithium demand driven mainly by future electrical vehic...Read More
Finance, mining, healthcare, and marijuana may seem like fairly disparate industries, so what do they have in common? The short answer is that all four of those industries contain companies expecting high growth over the next one to three years.Let's take a look at one representative stock trading on the TSX index from each of these key Canadian industries and see which of them would be suitable f...Read More
Swiss bank chief Sergio Ermotti has warned that financial liquidity in global markets should not be assumed. Speaking on the same Davos panel J.P. Morgan's asset and wealth management chief said a lack of liquidity is "what we all worry about."David Reid| @cnbcdavyPublished 12 Hours AgoUpdated10 Hours AgoCNBC.com show chapters Liquidity can freeze very quickly: UBS CEO 6:49AM...Read More
All at once, storm clouds are gathering over the world economy. The International Monetary Fund has cut its estimates for global growth in 2019, citing concerns about weakness in Europe. China just had its slowest GDP growth since 1990, and President Xi Jinping reportedly has held secret meetings warning Communist Party leaders to prepare for "black swan" events that could derail China's economy....Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose Friday barely logging its fifth straight week of gains.Intel Corp. (INTC) slumped 5.6% after the chipmaker's fourth-quarter revenue outlook for the first quarter came in below forecasts.Starbucks Corp. (SBUX) rose 3.6% after the coffee chain posted first-quarter adjusted earnings...Read More
Berkeley Energia Ltd (LON:BKY) shares jumped on Wednesday as the group updated on its progress with the Salamanca uranium project and highlighted that the fundamentals for uranium mining remain "very strong".In its latest quarterly report, the company said that spot uranium price continued to strengthen during the quarter, rising 4% to US$28.5 per pound by the end of the three months."The fundamen...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Base metals prices on the London Metal Exchange were mostly higher at the close of trading on Friday January 25, with a downturn in the US dollar index supporting higher prices, while tin futures fell on more than 1,000 tonnes of inflows.Closing above $6,000 per tonne for the first time this year, copper's three-month price appreciated by 2.2% over the afternoon and total volumes traded toppe...Read More
First Quantum Minerals has suspended production at its Cobre Las Cruces copper mining and hydrometallurgical complex in Spain following a land slippage at its open-pit mine on Wednesday January 23. The area has been evacuated and isolated for safety and environmental procedures since the land slippage in the early morning, the Canadian mining company said. The miner did...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
First it was the loudly broadcast convening of the Working Group on Financial Markets - aka "the Plunge Protection Team" - by the PPT's el Jefe, Steven Mnuchin. This was followed the "mouse that roared" speech from Fed head, Jerome Powell, hinting that the Fed would moon-walk away from rate hikes.Today was trial Hindenburg launched by the Wall St Journal suggesting that the Fed was considering...Read More
The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe and China.To view the latest price assessments, follow the links below:Europe- Ferro-vanadium delivered duty-paid in Europe - Vanadium pentoxide in-warehouse Rotterdam China- Ferro-vanadium, 78% min, fob China, $ per kg V- Vanadium pentoxide, 98% min, fob China, $ per lb V2O5Friday January...Read More
Christophe Olivier, the head of copper concentrates trading at commodities firm MRI Trading, has left the organization after 11 years, sources close to the company told Fastmarkets on Friday January 25.Olivier, who had been with the firm since 2007, resigned earlier this week to pursue other opportunities, one source said.MRI declined to comment at the time of publication.It is unclear whether the...Read More
The company says an ASX listing is no longer in the best interests of the company and its shareholders, and it is better off sticking with London's Alternative Investment Market, which has become its de facto trading hub over the past eight years with around 83% of trading happening there. While its second biggest bourse is the ASX, it accounts for less than 11% of trading, so it will give Au...Read More
Goldspot, which will have the stock ticker, SPOT, has raised at least C$7.Read More
Adam HamiltonArchivesJan 25, 2019 The gold miners' stocks have slumped in January, tilting sentiment back to bearish. This sector's strong December upward momentum was checked by gold's own upleg stalling out. Gold investment demand growth slowed on the blistering stock-market rally. But uplegs always flow and ebb, and this young gold-stock upleg merely paused. The gold miners' gains will likely r...Read More
The drilling contractor managed to bring in $116 million in revenue in 2018, a 3% drop year-on-year, despite its average revenue per month per operating rig falling away significantly in the lastRead More