"The summer was busy for @northbudco , as they have completed the facility and submitted their evidence package to Health Canada. -- @Northbudco $NBUD $NOBDF #CSE #BNN #MarijuanaStocks #CBD #smallcap #cannabis #THC --Watch the September Update Video here: https://t.co/Wtc0VIkrAF"Read full newsRead More
"Codebase (@CSE_CODE) (#CSE: $CODE | #OTCQB: $BKLLF) Pressland Announces Universal News Identifier (UNID) to Fight #FakeNews and Misinformation Online [https://t.co/wPFBsdO0v7]#investing #stocks #stockmarket #trading #investors #cannabisnews #capitalmarkets #business #potstocks"Read full newsRead More
"Yield Growth's (@yieldgrowth) (#CSE: $BOSS | #OTCQB: $BOSQF) Face Moisturizer with #HempOil Passes #EuropeanUnion Compliance Review & @UrbanJuve secures European Trademark [https://t.co/YrC5dHYery]#investing #stocks #stockmarket #trading #investors #capitalmarkets #business"Read full newsRead More
"YDX (@YDXInnovation) (#TSXV: $YDX | #OTC: $YDRMF) brings 6 Arkave #VR arenas to music festival and opens 2 new Pop-Up arenas in mall [https://t.co/TcqqFljCuH]#investing #stocks #stockmarket #trading #investors #news #business #investments #tech #technology #gaming #esports"Read full newsRead More
"Osino (@OsinoResources) (#TSXV: $OSI) Intersects Shallow, High Grade Gold Zone in 4th Diamond Drill Hole at Twin Hills Central, Namibia [https://t.co/5gAgp3f568]#investing #stocks #stockmarket #trading #investors #capitalmarkets #business #miningstocks #mining #resources #gold"Read full newsRead More
The Institute for Supply Management's (ISM) manufacturing index showed contraction in AugustThe Dow Jones Industrial Average (DJI) continues to trade lower, weighed down by concerns around the U.S-China trade relationship. Downbeat economic data could be hurting stocks, too, with the U.S. manufacturing sector contracting in August for the first time since 2016, and construction spending rising le...Read More
Backwardation is a phenomenon in the futures market where spot prices are higher than for future delivery. Usually futures are in contango, where futures sell at a premium to spot.Backwardation happens when there is a shortage of a commodity, usually from seasonal factors like prior to a harvest. It is quickly resolved through arbitrage or an increase in supply.But what if backwardation happens no...Read More
TLRY shares have had a horrible yearLooking through this morning's analyst updates on Wall Street, one of the most jarring is a huge bear note on marijuana stock Tilray Inc (NASDAQ:TLRY). Cowen just came with a monster price-target cut to $60 from $150, and even this is a major premium to the equity's current perch. At last check, it was quoted at $25.93, up 1% on the day. TLRY has certainly earne...Read More
Medicines Company announced successful results for its cholesterol drug, inclisiran The Medicines Company (NASDAQ:MDCO) stock is seeing a huge boost today, after the biopharmaceutical firm announced its experimental drug inclisiran successfully lowered cholesterol in patients with heart disease enrolled in a late-stage trial. SVB Leerink sees the drug's bi-annual injection form as more convenient...Read More
Argonaut Gold has revised its prior cost guidance and is now guiding for all-in sustaining cost guidance of $1,075/oz vs. $1,025/oz previously.The company is a laggard among the mid-tier producer space with high costs and also operates out of B grade jurisdictions.I see the stock as an avoid in favor of lower-cost producers in better jurisdictions.Argonaut Gold (OTCPK:ARNGF) has not seen an impres...Read More
One brokerage firm downgraded PLNT stock to "hold"Berenberg downgraded Planet Fitness Inc (NYSE:PLNT) stock to "hold" from "buy," and slashed its price target to $69 from $80 -- a slight discount to Friday's close at $70.61. In reaction, PLNT stock is down 2.3% in early trading, last seen at $68.99.The equity's longer-term trend has been higher, though, with PLNT up almost 44% since a late-Decembe...Read More
SNAP bounced off a key trendline to end AugustWhen we last checked in with Snap Inc (NYSE:SNAP), the social media stock was preparing for its turn in the earnings confessional. Now, the shares are up 1.6% to trade at $16.06 this morning, after Evercore raised its rating on SNAP to "outperform" from "in-line," while boosting its price target to $20 from $18. The analyst in coverage glowed about th...Read More
Undeniably, prosperity flowed from the gold mines of Cripple Creek into the streets of Colorado Springs.Read full newsRead More
A new round of U.S. tariffs on Chinese goods went into effect over the weekend Dow Jones Industrial Average (DJI) futures are spiraling this morning, as trade uncertainty swirls after a round of new U.S. tariffs on Chinese goods went into effect over the long holiday weekend. While China filed a complaint with the World Trade Organization (WTO) against these new tariffs, Bloomberg News reported th...Read More
"The management teams in resource companies are critical components to the potential success of any given project. This article gives an overview how to assess a management team. https://t.co/raxGdm32la #SilverViperMinerals #mining #resource #investing"Read full newsRead More
The VIX is showing a pattern reminiscent of its prior peaks"A spokesman for China's Commerce Ministry said Thursday that the U.S. and China remain in communication over possible talks in September and added that Beijing hopes to prioritize discussions about removing the latest tariffs announced by President Trump to prevent a further escalation of the trade war."-- The Wall Street Journal, August...Read More
"BMO #nickel 2020-2024 market deficit forecast updated for the Indonesian ore export ban announcementBefore the announcement: avg. 2 ktpa deficit for 2020-24After the announcement: avg. 174 ktpa deficit for 2020-24Says BMO:Read full newsRead More
Treatment charges for zinc and lead (TCs) rose in August with the arbitrage to bring material into China switching markedly to a negative value.TCs for lead concentrates in particular rose sharply, to levels not seen in the past two years. The arbitrage loss to bring refined lead into China hit 1,100-2,300 yuan ($154-321) per tonne at the end of the month, with the futures price rising on the Lond...Read More
The three-month nickel price on the London Metal Exchange closed higher on Monday September 2, just above the $18,000 per tonne level, despite losing 4% of morning gains, while tin's outright price also failed to maintain upward momentum. Volumes traded in nickel topped the complex over the afternoon, with just under 15,000 lots changing hands by the close, while turnover in tin reached 900 lots b...Read More
The ample availability of stock and poor demand for aluminium in Asia have led market participants to expect a downtrend for fourth quarter main Japan ports (MJP) premiums, Fastmarkets heard on Monday September 2.Widely considered Asia's main benchmark price level, Fastmarkets assessed the aluminium P1020A MJP spot premium, cif Japan at $85-95 per tonne on Friday August 30, flat for the third cons...Read More