"Crystal Lake Maiden Drilling at Burgundy Ridge Confirms Copper-Rich New Discovery -- #CrystalLake $CLM #CrystalLakeMining #momentumstocks #smallcap #PeterLightfoot #Nickel #Cobalt #Mining #Exploration --Read the News Release here: https://t.co/a20FI16BTn"Read full newsRead More
An ugly payrolls report and China's export drop are weighing heavy on stocksStocks are notably lower in afternoon trading, as U.S. jobs data came in well below expectations. Specifically, the slim 20,000 job growth for February, combined with China's steep drop in exports, has the Dow Jones Industrial Average (DJI) down triple digits. The blue-chip index -- alongside the S&P 500 Index (SPX) and...Read More
We have been digging through the latest IIROC bi-weekly short report looking for nuggets of opportunity. By assessing the combination of short positioning and insider commitment in stocks, we are typically able to spot some bullish or bearish signals.Click for largerIn the latest IIROC report which covers the period between February 16th to 28th, Barrick Gold (Mostly Sunny; ABX) caught our attent...Read More
South Africa's Petra Diamonds (LON:PDL) has found a 100.83 carat gem-quality diamond at its iconic Cullinan mine in South Africa.The D-colour, Type II diamond follows the recent recovery of a 6.12 carat Type II blue stone, also at Cullinan.The company has piled up debt after building a new plant and digging deeper at its flagship Cullinan diamond mine."The recoveries demonstrate the prevalence of...Read More
South Africa's Petra Diamonds (LON:PDL) has found a 100.83 carat gem-quality diamond at its iconic Cullinan mine in South Africa.The D-colour, Type II diamond follows the recent recovery of a 6.12 carat Type II blue stone, also at Cullinan.The company has piled up debt after building a new plant and digging deeper at its flagship Cullinan diamond mine."The recoveries demonstrate the prevalence of...Read More
South Africa's Petra Diamonds (LON:PDL) has found a 100.83 carat gem-quality diamond at its iconic Cullinan mine in South Africa.The D-colour, Type II diamond follows the recent recovery of a 6.12 carat Type II blue stone, also at Cullinan.The company has piled up debt after building a new plant and digging deeper at its flagship Cullinan diamond mine."The recoveries demonstrate the prevalence of...Read More
Gold looks to be in the middle of its intermediate decline.We could bottom, though, earlier than many expect.The rally in the dollar is already losing momentum, which should be bullish for gold.We wrote about gold recently and stated that we believed the yellow metal had started its intermediate decline. We also have stated though that we believe it is very important for traders to keep some type...Read More
GME gapped lower in January on crushed M&A hopesThe shares of GameStop Corp. (NYSE:GME) are sharply lower today, down 6.1% to trade at $10.80. BofA-Merrill Lynch downgraded the video game retailer to "underpeform" from "neutral," while slashing its price target to $9 from $12. The analyst in coverage anticipates deteriorating fundamentals as the industry shifts to streaming.GameStop stock earlie...Read More
Take advantage of the first amendment, and participate in a nation-wide poll.With the 2020 election growing ever closer, the country continues to be divided politically.From disputes about the appropriateness of displaying the Confederate flag, to rights for minorities, and the ever-growing concern about security at the U.S. border, the 2020 election promises to be contentious... if not the most c...Read More
European stocks post heavy losses on Friday. US Dollar Index retreats from multi-month highs. Coming up: February NFP report from the U.S. Following yesterday's drop to a 6-week low of $1280 on Thursday, the XAU/USD pair rebounded decisively on Friday and erased the majority of this week's losses. As of writing, the pair was trading at $1293, adding $7.5, or 0.6%, on a daily basis. The E...Read More
MUMBAI/BENGALURU - Physical gold demand picked up pace in major Asian hubs this week, with bullion being sold at a premium for the first time in more than three months in India, while China saw improved appetite for jewellery.In India, the world's second biggest consumer of the metal after China, dealers were charging a premium of up to $1 an ounce over official domestic prices this week, up from...Read More
A free tool can help traders bank big during the upcoming earnings season. Too many investors let their portfolios slip during the busy holiday season, but this is a huge mistake... especially with the market moving events just around the corner!With the crazy market action investors have been seeing lately, right now is the time to prepare to bank big wins.It's important for investors to positio...Read More
The Indonesian government issued one-year export recommendations for copper concentrate to miners PT Freeport Indonesia and PT Amman Mineral Nusa Tenggara, officials from the Ministry of Energy and Mineral Resources said on Friday.Freeport was given an allowance of 198,282 wet tonnes of copper concentrate, while Amman was given 336,100 wet tonnes, said Yunus Saifulhak, director of minerals at the...Read More
The Indonesian government issued one-year export recommendations for copper concentrate to miners PT Freeport Indonesia and PT Amman Mineral Nusa Tenggara, officials from the Ministry of Energy and Mineral Resources said on Friday.Freeport was given an allowance of 198,282 wet tonnes of copper concentrate, while Amman was given 336,100 wet tonnes, said Yunus Saifulhak, director of minerals at the...Read More
BIG has added 21% year-to-dateShares of Big Lots, Inc. (NYSE:BIG) are higher this morning, after the retail chain announced better-than-expected fourth-quarter earnings and same-store sales. CEO Bruce Thorn described a "meaningful sales acceleration in December and January" as the driver behind the impressive numbers. In response, BIG is up 10.1% at $35.06 in today's trading. Long term, Big Lots...Read More
The brokerage firm slashed its XOM price target by 25%The shares of Exxon Mobil Corporation (NYSE:XOM) are trading down 1.6% at $78.85, after Cowen and Company downgraded the big-cap energy name to "market perform" from "outperform," citing concerns over the company's recently announced plans to boost capital spending. The brokerage firm also slashed its XOM price target by 25% to $75 , saying the...Read More
The LaCroix parent's CEO said the company is "truly sorry"The shares of National Beverage Corp. (NASDAQ:FIZZ) are down 25.3% at $51.01 in early trading, after the LaCroix parent reported disappointing earnings and revenue for its fiscal third quarter. National Beverage CEO Nick Caporella said the company is "truly sorry" for the nearly 40% drop in profit, and said "much of this was the result of i...Read More
AMZN shares have traded in a tight range recentlyEarlier this morning, the New York Post reported that an Amazon-led group was nearing a $3.5 billion deal for YES Network, New York's prominent cable sports channel. The e-commerce giant wouldhave control of streaming to New York Yankees and Brooklyn Nets games. More notably, Democratic presidential candidate Sen. Elizabeth Warren just proposed a pl...Read More
After more than a week of tough talk firing back and forth, the leaders of the two biggest gold producers are finally coming to the table.Newmont Mining Corp. Chief Executive Officer Gary Goldberg said he will be meeting with Barrick Gold Corp.'s Mark Bristow later Tuesday in New York to talk through their differences. However, he said in a Bloomberg TV interview that he won't be discussing Barric...Read More
JPMorgan thinks Costco could announce a special dividendCostco Wholesale Corporation (NASDAQ:COST) is trading up 4% at $225.50, after the company's fiscal second-quarter earnings came in substantially higher than analysts expected, with investors applauding an easing of pricing pressure in the grocery business. Several price-target hikes have come through following the report, and UBS set the high...Read More