ZYNE has already added 70% so far this yearThe shares of Zynerba Pharmaceuticals Inc (NASDAQ:ZYNE) are soaring in electronic trading trading, last seen up 15.3%. Boosting the stock is news the drug name received a U.S. patent for its cannabidiol (CBD) treatment for Fragile X syndrome. With today's expected surge, the stock is set to break back above the 120-day trendline -- a mark that has acted...Read More
During the fourth quarter of 2018, Alamos Gold generated revenues of $163.1 million. Revenues were up 0.9% from the same quarter a year ago and up 11.2% sequentially.The company intends to purchase for cancellation up to 25,513,043 common shares, representing 10% of the Company's public float. AGI bought already bought 2.4 million shares at $4.07.Furthermore, the company is doubling the dividend t...Read More
The trendline emerged as support late last weekCaterpillar Inc. (NYSE:CAT) stock is down 3.6% in electronic trading, after UBS double downgraded the blue chip to "sell" from "buy, and slashed its price target to $125 from $154 -- an 11.6% discount to last night's close at $141.41. The brokerage firm said slowing global construction sales will likely pressure CAT's revenue and margins, and spark an...Read More
• Trades with modest losses for the second consecutive session. • Bulls fail to capitalize on the risk-off mood/subdued USD demand. • The Fed Chair Jerome Powell’s testimony eyed for fresh impetus. Gold extended its steady decline from intraday highs, around the $1330 area, and is currently placed at the lower end of...Read More
SPOT has gained 44.5% since its Christmas Eve bottomThe shares of Spotify Technology SA (NYSE:SPOT) are down 2% in electronic trading, after a Wall Street Journal (subscription required) report indicated lawmakers in Washington D.C. were toying with the idea of overhauling music licensing rules. On the charts, Spotify stock has had a rip-roaring start to 2019, adding 31.5% year-to-date, now near...Read More
Home Depot and Caterpillar stocks are slipping in pre-market tradingDow Jones Industrial Average (DJI) futures are lower today, dragged down by Caterpillar (CAT) and Home Depot (HD) stocks. Specifically, CAT received a downgrade to "sell" from UBS, and HD reported fourth-quarter earnings that fell short of expectations. In addition, Wall Street is weighing the S&P Corelogic Case-Shiller home price...Read More
Mr. Eric Sprott, investor, reportsERIC SPROTT ANNOUNCES HOLDINGS IN KIRKLAND LAKEEric Sprott, directly and indirectly, owns and controls 20,571,695 common shares of Kirkland Lake Gold Ltd., representing approximately 9.8 per cent of the outstanding shares on a non-diluted basis and 9.9 per cent on a partially diluted basis, assuming the exercise of his options. This press release is being issued p...Read More
Mr. Eric Sprott, investor, reportsERIC SPROTT ANNOUNCES HOLDINGS IN KIRKLAND LAKEEric Sprott, directly and indirectly, owns and controls 20,571,695 common shares of Kirkland Lake Gold Ltd., representing approximately 9.8 per cent of the outstanding shares on a non-diluted basis and 9.9 per cent on a partially diluted basis, assuming the exercise of his options. This press release is being issued p...Read More
The International Council on Mining and Metals (ICMM), a London-based industry group representing 27 major companies, said Tuesday it would set an independent panel of experts in charge of developing a global standard for tailings facilities to be followed by its members.The set of rules, it said, will be based on a review of current best practices in the industry, including key aspects such as a...Read More
The International Council on Mining and Metals (ICMM), a London-based industry group representing 27 major companies, said Tuesday it would set an independent panel of experts in charge of developing a global standard for tailings facilities to be followed by its members.The set of rules, it said, will be based on a review of current best practices in the industry, including key aspects such as a...Read More
The International Council on Mining and Metals (ICMM), a London-based industry group representing 27 major companies, said Tuesday it would set an independent panel of experts in charge of developing a global standard for tailings facilities to be followed by its members.The set of rules, it said, will be based on a review of current best practices in the industry, including key aspects such as a...Read More
The gulf between bulls and bears widened in the latest Investors Intelligence surveyOne of the essential broad-based sentiment indicators we track is the weekly Investors Intelligence (II) poll, which measures the mood among financial advisors in much the same manner that the American Association of Individual Investors (AAII) survey takes the temperature among retail-level market participants. In...Read More
The time to invest is now, according to one economist.The man who warned of the 2001 tech crash, the 2008 subprime financial disaster and oil's shocking fall in 2016 - years before they happened - has issued a new earth-shattering statement:"Right now, the markets are giving investors a critical window to rapidly boost their retirement savings before the greatest stock market crash in American his...Read More
There are many fallacies about the gold market that are constantly perpetuated.Gold is not a "safe haven" asset from stock market volatility.Expectations for 2020 is quite strong.I don't know folks. I do a lot of reading in the gold complex, and I am just sitting here scratching my head. Something just does not seem to be right. When the gold market began to rally back in the fall, it co...Read More
* Available LME copper stocks at lowest since July 2005 * Dollar hits three-week low, underpins copper (Recasts, adds closing prices)By Maytaal AngelLONDON, Feb 26 (Reuters) - Copper steadied on Tuesday as aweak dollar and dwindlingstocks lent support, with investorsalso still cheering signs of progress in U.S.-China trade talks.The latest London Metal Exchange data showed that available,or "...Read More
The British Columbia Ministry of Energy, Mines and Petroleum Resources announced this week it will now have two expanded mining divisions: the Mines Health, Safety and Enforcement Division and the Mines Competitiveness and Authorizations Division.The Canadian province is resource-rich, and home to Vancouver, the mining junior capital of the world.In a press release, the Ministry said that the new...Read More
The British Columbia Ministry of Energy, Mines and Petroleum Resources announced this week it will now have two expanded mining divisions: the Mines Health, Safety and Enforcement Division and the Mines Competitiveness and Authorizations Division.The Canadian province is resource-rich, and home to Vancouver, the mining junior capital of the world.In a press release, the Ministry said that the new...Read More
Following the publication of modest 2018 results, when gold production barely reached the lower end of a guidance range of 35,000 to 40,000 ounces, Fiore Gold (TSXV: F) reported that its Pan mine in Nevada is expected to perform better in 2019.This week, the company issued a press release revealing that the open-pit operation located near the town of Eureka produced 9,765 ounces of gold in the fir...Read More
Following the publication of modest 2018 results, when gold production barely reached the lower end of a guidance range of 35,000 to 40,000 ounces, Fiore Gold (TSXV: F) reported that its Pan mine in Nevada is expected to perform better in 2019.This week, the company issued a press release revealing that the open-pit operation located near the town of Eureka produced 9,765 ounces of gold in the fir...Read More
Following the publication of modest 2018 results, when gold production barely reached the lower end of a guidance range of 35,000 to 40,000 ounces, Fiore Gold (TSXV: F) reported that its Pan mine in Nevada is expected to perform better in 2019.This week, the company issued a press release revealing that the open-pit operation located near the town of Eureka produced 9,765 ounces of gold in the fir...Read More