"Most Sustainable Miner Shortlist: @IAMGOLDcareers @polymetal01 @Centerra_Gold @NCZResources @B2GoldCorp @NewmontGoldcorp @AngloAmerican #MJAwardsWinners to be revealed on the 27th September https://t.co/S0tcoDTZAg"Read full newsRead More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to provide an update on its recently completed summer drilling program on the Hurricane zone at the Larocque East property. Highlights include assay results from drill hole LE19-18C1, intersections of strong radioactivity in LE19-28 and LE19-29, plus the intersection of mineralization on an aggressive 250m step-out to the...Read More
"Could Highland Gold Mining Limited's (LON:HGM) Investor Composition Influence The Stock Price? https://t.co/PJ71tLfDqq"Read full newsRead More
Mining stocks have outperformed lately as gold prices surgeAs fears of a global recession rumble, gold prices have soared. Looking at an internal scorecard compiled by Schaeffer's Senior Quantitative Analyst Rocky White, 76% of the 37 stocks we track under the "mining" umbrella were above their 80-day moving average heading into today. More specifically, Barrick Gold Corp (NYSE:GOLD) and Alamos G...Read More
Oil prices are on the rise after a steep drop in U.S. stockpiles The Dow Jones Industrial Average (DJI) has bounced at midday, up 110 points as gains in the energy sector overshadow recession concerns following yet another yield-curve inversion. The boost for energy stocks comes amid a spike in oil prices, with October-dated crude futures up 2.2% at $56.11 per barrel, following a hefty decline in...Read More
The analyst said the stock's recent sell-off was overdoneJ.P. Morgan Securities initiated coverage on DouYu International Holdings Ltd (NASDAQ:DOYU) with an "overweight" rating and a $13 price target -- a 50% premium to last night's close at $8.64. Analyst Daniel Chen waxed optimistic over the Chinese gaming platform's position to capitalize on China's esports boom. Additionally, Chen said DOYU st...Read More
Plus, we zero in on two stocks with attractive short-term optionsU.S. stock markets will be closed on Monday, Sept. 2, for Labor Day. Ahead of the unofficial end to summer, we decided to take a look at the best and worst stocks to own during the shortened holiday week, historically. One equity that could jump is retailer Under Armour Inc (NYSE:UAA), while utilities concern PPL Corp (NYSE:PPL) coul...Read More
JetBlue does seem poised to bounceJetBlue Airways Corporation (NASDAQ:JBLU) is trying to bounce back after yesterday closing at its lowest point since April, last seen trading up 0.5% at $16.63. Helping JBLU's case is a bull note out of Deutsche Bank, which called the stock's recent pullback an attractive entry point. Most other analysts have a "hold" or "sell" rating on the airline name.There's p...Read More
Near-term option traders are more put-heavy than usual on MNSTThe shares of Monster Beverage Corp (NASDAQ:MNST) are up 1.3% to trade at $57.33 this morning, after being named a "top pick" at Credit Suisse. The brokerage firm glowed about thecompany's Reign performance energy drink, and said MNST stock's recent six-week drop makes for an attractive entry point for investors, calling the shares "c...Read More
The AutoCAD software developer cut its full-year forecast on trade uncertaintyAutodesk, Inc. (NASDAQ:ADSK) stock is down 11.1% to trade at $133.57, after the AutoCAD maker cut its full-year forecast, citing macro uncertainty amid U.S.-China trade tensions. This is offsetting the software concern's second-quarter earnings and revenue beats, and has ADSK stock on track for its biggest one-day percen...Read More
The analyst says the stock's recent lows provide a solid entry point for buyers The shares of U.K.-based biotech Myovant Sciences Ltd (NYSE:MYOV) are popping this morning on a bull note from Goldman Sachs. The analyst initiated coverage on the stock with a "buy" rating, and a $20 price target -- more than double last night's close of $7.86. Goldman said the stock's recent dip provides a good entry...Read More
Oil futures are up, though Dow Jones Industrial Average (DJI) futures are pointing to a sharp drop out of the gate for the blue-chip index this morning, as another yield-curve inversion stokes fears of a possible recession. Investors are nervously eyeing the yield spread between the 10-year and 2-year Treasury notes, which is near levels not seen since 2007. Plus, the 30-year note fell to a record...Read More
"Could Highland Gold Mining Limited's (LON:HGM) Investor Composition Influence The Stock Price? https://t.co/WiEqMaz6yH"Read full newsRead More
Zhaojin Mining, one of China's biggest gold miners, aims to double producti...Read full newsRead More
By Peter Hobson14 Min ReadLONDON (Reuters) - A forgery crisis is quietly roiling the world's gold industry.Gold bars fraudulently stamped with the logos of major refineries are being inserted into the global market to launder smuggled or illegal gold, refining and banking executives tell Reuters. The fakes are hard to detect, making them an ideal fund-runner for narcotics dealers or warlords.In th...Read More
The S&P just wrapped up a four-week losing streakWhen I first realized that last week marked a four-week losing streak for the S&P 500 Index (SPX), it didn't strike me as that interesting. When I delved into it, though, a four-week losing streak is more uncommon than I thought. One happened earlier this year in May, but that was the first one in over four years. The chart below marks four-week S&P...Read More
By K. Sathya Narayanan3 Min Read* Silver hits highest level since April 2017* Platinum scales near one-month high* GRAPHIC-Gold in various currencies: tmsnrt.rs/1JxbO6Y (Updates prices)Aug 28 (Reuters) - Gold eased on Wednesday, after rising over 1% in the previous session on fears of a possible recession, but held close to a more than six-year high on hopes of a rate cut by the U.S. central bank...Read More
Jerome Powell failed to give markets a boost with his Jackson Hole speech. So what is next? We tackle that question in the latest Insights. Our broadcast of the week makes the case for a contrarian's market while our insider of the week is Warren Buffett. Click here to read the latest edition of Insights. Read More
By April Joyner4 Min ReadNEW YORK (Reuters) - A gauge of equities worldwide rose on Wednesday as data showing strong demand for oil helped subdue recession jitters, while sterling tumbled as Britain's prime minister moved to suspend parliament before the country's planned departure from the European Union.FILE PHOTO: A trader works on the trading floor at the New York Stock Exchange (NYSE) at the...Read More
Aluminium premiums were mostly stable globally during the week ended Tuesday August 27, with participants shifting their focus to longer-term contract negotiations. But the recovery recently seen for Rotterdam material was spreading throughout Europe. Rotterdam uptrend pushing European premiums upMain Japanese port (MJP) premium flat; focus goes to quarterly contractsPremium in United States' Midw...Read More