Wall Street considered ugly housing data and a strong consumer confidence report U.S. stocks traded on both sides of breakeven today, as traders digested earnings, economic data, and commentary from Fed Chair Jerome Powell. The Dow ultimately ended lower, on Home Depot's (HD) poor earnings reaction and an analyst-induced Caterpillar (CAT) pullback, while tech strength couldn't keep the Nasdaq and...Read More
"CRYSTAL LAKE GETS APPROVAL FOR OPTION AGREEMENT FOR NEWMONT LAKE PROJECT -- #CrystalLake $CLM #CrystalLakeMining #momentumstocks #smallcap #PeterLightfoot #Nickel #Cobalt #Mining #Exploration -- Read the News Release here: https://t.co/T3vUTAPPkR"Read full newsRead More
Credit Suisse just slashed its price target to $16 from $17A price-target cut from Credit Suisse to $16 from $17 in the wake of the company's fourth-quarter earnings report has Range Resources Corp. (NYSE:RRC) stock slipping today. The energy shares are now now trading down 5% at $10.46. This negative price action echoes the stock's longer-term trend, with RRC shedding over 50% from its mid-Oct...Read More
Australia-based Oz Minerals on Wednesday said its underlying annual profit slipped, but a better-than-expected performance at its Prominent Hill project was expected to drive future growth.The copper-focused miner posted a 1 percent drop in underlying net profit after tax to A$228.3 million ($159.77 million) for the year ended Dec. 31, compared to A$231.1 million year ago, falling just shy of an A...Read More
Australia-based Oz Minerals on Wednesday said its underlying annual profit slipped, but a better-than-expected performance at its Prominent Hill project was expected to drive future growth.The copper-focused miner posted a 1 percent drop in underlying net profit after tax to A$228.3 million ($159.77 million) for the year ended Dec. 31, compared to A$231.1 million year ago, falling just shy of an A...Read More
Australia-based Oz Minerals on Wednesday said its underlying annual profit slipped, but a better-than-expected performance at its Prominent Hill project was expected to drive future growth.The copper-focused miner posted a 1 percent drop in underlying net profit after tax to A$228.3 million ($159.77 million) for the year ended Dec. 31, compared to A$231.1 million year ago, falling just shy of an A...Read More
"Cradle Arc to the grave - latest RNS from former miner in administration says it will allow #AIM listing to be cancelled |https://t.co/Ubzl2k4VyW $CRA"Read full newsRead More
Nexus Gold (TSXV:NXS, OTC:NXXGF, Frankfurt:N6E) is pleased to announce that it has closed an initial tranche of its non-brokered private placement.Read full newsRead More
Think gold will be a good inflation hedge in coming months? Think again. Consider: If gold GCJ9, -1.64% were a good inflation hedge, its inflation-adjusted price would be constant. Yet, while U.S. inflation (as judged by the Consumer Price Index) has declined in each month since last October, gold has risen nearly 12%. In the process, the gold-to-CPI ratio has risen markedly, from below 4.8 to ne...Read More
The stock is down almost 8% todayWhile the U.S. stock market is struggling for direction today, there are several individual names making notable moves, including big-cap bank JPMorgan Chase & Co. (NYSE:JPM), nutritional supplement retailer Vitamin Shoppe Inc (NYSE:VSI), and document database provider MongoDB Inc. (NASDAQ:MDB). Here's a quick roundup of what's moving the shares of JPM, VSI, and MD...Read More
Lowe's is slated to report earnings tomorrow morning Next in line in the earnings confessional is Lowe's Companies, Inc. (NYSE:LOW) -- the home improvement name is slated to report its fourth-quarter results before the market opens tomorrow, Feb. 27. LOW shares are suffering today, however, after competitor Home Depot (HD)revealed a disappointing full-year forecast. At last check, the retailer is...Read More
MGX Minerals and its partner, the University of British Columbia, has completed the first phase of work to create next-generation lithium-ion batteries capable of quadrupling energy density up to 400 Wh/kg from the current 100 Wh/kg.The first phase of work involved a baseline assessment of metallurgical silicon from MGX's three projects in southeast British Columbia.The second phase of work, now u...Read More
MGX Minerals and its partner, the University of British Columbia, has completed the first phase of work to create next-generation lithium-ion batteries capable of quadrupling energy density up to 400 Wh/kg from the current 100 Wh/kg.The first phase of work involved a baseline assessment of metallurgical silicon from MGX's three projects in southeast British Columbia.The second phase of work, now u...Read More
"Mondias Natural Products Inc - A new agriculture/natural health product company expanding across Canada! Read more here: https://t.co/DDmX2ND9tx $NHP #NHP#momentumstocks #hotstocks#smallcap #mondias#mondiasnaturalhealth"Read full newsRead More
It's been a tough few weeks for Australia's coal industry.First there was a court ruling blocking a new mine on climate change grounds, then one of the world's largest producers Glencore Plc capped output growth, and finally China was seen to be slowing down Australian imports.The developments are symptoms of the fuel's decline and likely signal headwinds for the industry in Australia, the world's...Read More
"Gold Resource Corporation Announces Fourth Quarter and Year-End 2018 Conference Call @resource_gold https://t.co/nBOZxaUegb"Read full newsRead More
Equinox Gold (CVE: EQX) has attracted a $130m investment from Abu Dhabi's state-owned Mubadala Investment Co. in the form of convertible notes.The notes are for five years with a 5% interest rate convertible at $1.05 per share, a 25% premium to the 10-day volume weighted average Equinox share price. Mubadala will be granted a seat on Equinox's board and standard anti-dilution rights.Equinox plans...Read More
Equinox Gold (CVE: EQX) has attracted a $130m investment from Abu Dhabi's state-owned Mubadala Investment Co. in the form of convertible notes.The notes are for five years with a 5% interest rate convertible at $1.05 per share, a 25% premium to the 10-day volume weighted average Equinox share price. Mubadala will be granted a seat on Equinox's board and standard anti-dilution rights.Equinox plans...Read More
Equinox Gold (CVE: EQX) has attracted a $130m investment from Abu Dhabi's state-owned Mubadala Investment Co. in the form of convertible notes.The notes are for five years with a 5% interest rate convertible at $1.05 per share, a 25% premium to the 10-day volume weighted average Equinox share price. Mubadala will be granted a seat on Equinox's board and standard anti-dilution rights.Equinox plans...Read More
Equinox Gold (CVE: EQX) has attracted a $130m investment from Abu Dhabi's state-owned Mubadala Investment Co. in the form of convertible notes.The notes are for five years with a 5% interest rate convertible at $1.05 per share, a 25% premium to the 10-day volume weighted average Equinox share price. Mubadala will be granted a seat on Equinox's board and standard anti-dilution rights.Equinox plans...Read More