The upcoming trading schedule has a number of reports on the housing marketThe economic schedule next week is filled with a number of updates out of the housing sector, but the biggest event will be the final reading on fourth-quarter gross domestic product (GDP), which comes out Thursday. A few notable earnings releases are littered about, too, including BlackBerry's (BB) report on Friday. Below...Read More
A new hole drilled 150 metres east of the recent discovery holes at Eastmain Resources' (TSX: ER) Percival target in James Bay, Quebec, reported identical rock type and style of mineralization and returned a 74.5-metre intercept grading 0.97 gram gold per tonne.The initial discovery holes at Percival in November measured 78.5 metres of 1.46 grams gold per tonne starting 16.5 metres downhole (hole...Read More
A new hole drilled 150 metres east of the recent discovery holes at Eastmain Resources' (TSX: ER) Percival target in James Bay, Quebec, reported identical rock type and style of mineralization and returned a 74.5-metre intercept grading 0.97 gram gold per tonne.The initial discovery holes at Percival in November measured 78.5 metres of 1.46 grams gold per tonne starting 16.5 metres downhole (hole...Read More
Medgold Resources (TSXV: MED; US-OTC: MGLDF) will drill 5,000 metres at its Tlamino gold project in southern Serbia during its 2019 exploration program, fully funded by Fortuna Silver Mines (TSX: FVI).Fortuna can earn a 51% interest in the project by spending $3 million on exploration over three years; it can increase its interest to 70% by spending $5 million and completing a preliminary econo...Read More
Medgold Resources (TSXV: MED; US-OTC: MGLDF) will drill 5,000 metres at its Tlamino gold project in southern Serbia during its 2019 exploration program, fully funded by Fortuna Silver Mines (TSX: FVI).Fortuna can earn a 51% interest in the project by spending $3 million on exploration over three years; it can increase its interest to 70% by spending $5 million and completing a preliminary econo...Read More
"Great Bear Drills Multiple High-Grade Gold Veins in Hinge Zone Including 30.15 g/t Gold Over 7.25 m @GreatBearGBR https://t.co/ZCMyjw4p4U"Read full newsRead More
Evercore ISI gave PTE an outperform rating and a $26 price target. Evercore ISI just initiated coverage onPolarityTE Inc (NASDAQ:PTE) with an "outperform" rating and a $26 price target -- double the stock's current level. The analyst said that the company's SkinTE burn treatment "offers a differentiated therapy for the large wound and burn care market." Plus, the company just announced that it wou...Read More
South Korea is one of the world's key component suppliers in the tech sector and the continued slowdown in the expansion of semiconductor exports deepens concerns about the outlook for the global technology industry.Read full newsRead More
The retail stock is headed toward its third straight lossRetail earnings are in full swing, with sporting goods retailer Hibbett Sports, Inc. (NASDAQ:HIBB) set to unveil its fourth-quarter results ahead of the open tomorrow, March 22. HIBB stock is pacing for its third straight loss in the lead up to earnings, down 4.2% today at $17.77, after Consumer Edge Research downgraded the name to "equal we...Read More
Apple was showered in bull notes this morningStocks are moving higher this afternoon, with Apple (AAPL) leading the Dow Jones Industrial Average (DJI) thanks to a shower of bull notes. In addition, the tech-heavy Nasdaq Composite (IXIC) and the S&P 500 Index (SPX) arehigher, with Micron (MU) pacing a chip rally. Traders are also digesting newly released jobs data, with weekly jobless claims fal...Read More
• The precious metal struggled to capitalize on the early positive move to three-week tops and started retreating from a resistance marked by 61.8% Fibonacci retracement level of the $1347-$1281 recent slide. • However, given the overnight sustained break through 200-period SMA on the 4-hourly chart, bullish technical indicators on hourly/daily chart...Read More
The blue chip reports earnings after the closeAlthough March Madness gets underway today, athletic apparel stock Nike Inc (NYSE:NKE) will be in the spotlight tonight for another reason: earnings. The blue chip is expected to report its quarterly figures after the close today. Ahead of the event, NKE option bulls are posting up.Nike has already seen roughly 19,000 calls cross the tape today -- four...Read More
Alacer is not a value play anymore, it is more of an exploration play now.What the market didn't see last year was positive growth. What the market is missing now might be a negative in the form of future lower ore grades.However, there are still 3 catalysts that could push the stock price higher.In 2018 I did a comprehensive analysis of gold miners, I spent more than a month on them and deepl...Read More
Great Bear Resources of Vancouver has hit grades as high as 30.15 g/t gold over 7.25 metres during drilling at its 100% owned Dixie project in the Red Lake District. Both the Dixie Hinge zone (DHZ) and Dixie Limb zone (DL) were drilled, sometimes with a single hole providing core from both zones.At the DHZ hole 031 intersected four gold veins along a 141-metre wide zone of increased quartz veining...Read More
Great Bear Resources of Vancouver has hit grades as high as 30.15 g/t gold over 7.25 metres during drilling at its 100% owned Dixie project in the Red Lake District. Both the Dixie Hinge zone (DHZ) and Dixie Limb zone (DL) were drilled, sometimes with a single hole providing core from both zones.At the DHZ hole 031 intersected four gold veins along a 141-metre wide zone of increased quartz veining...Read More
Headwinds from Canadian Solar's sell-off are pressuring JKS stock todayAlternative energy name JinkoSolar Holding Co., Ltd. (NYSE:JKS) is preparing to report earnings before the open tomorrow, March 22, and we noticed some interesting options data ahead of the release. Specifically, speculators are pricing in a 17.1% swing for tomorrow's trading, which on top of being a large number on the surface...Read More
Analysts and options traders are in overdrive todayThe shares of Biogen Inc (NASDAQ:BIIB) are plunging in today's trading, after the pharma giant and its partner Eisai halted two late-stage Alzheimer's disease drug trials. The decision came after an independent data company said the trials were likely to fail. Considering the drug, aducanumab, had once been projected by Goldman Sachs to reach $12...Read More
Not all of the analyst attention was bullish, thoughMicron Technology, Inc. (NASDAQ:MU) stock is up 7.5% to trade at $43.13, after the chipmaker reported a fiscal second-quarter earnings and revenue beat. However, while the company expects a memory chip recovery later this year, its current-quarter sales forecast came in lower than expected. Despite the upward price action, the analyst reaction ha...Read More
Philippine nickel producer DMCI Mining Corp, a unit of conglomerate DMCI Holdings Inc, on Thursday said it expected 2019 to be a tough year, with one of its two mines still suspended and its inventory almost depleted.DMCI's mines, operated by subsidiaries Berong Nickel Corp and Zambales Diversified Metals Corp, were among those ordered shut in 2016 when the government launched an industry-wide cra...Read More
There's room for more upbeat analyst attention, thoughIt's been an outstanding run for Apple Inc. (NASDAQ:AAPL) stock, with the shares nabbing positive closes in eight of the last nine sessions. AAPL is poised for another daily gain -- up 1.9% to trade at $191.79, the best Dow stock so far -- after more bullish analysts chimed in on the FAANG stock as buzz around the Apple video streaming service...Read More