NV Gold Corporation (TSXV:NVX, OTC:NVGLF) ("NV Gold" or the "Company") is pleased to announce that the Company will commence drilling at both the Slumber ("Slumber") and Frazier Dome ("Frazier") Gold Projects in August 2019.Read full newsRead More

Toronto - Today, Greg Rickford, Minister of Energy, Northern Development and Mines, issued the following statement in response to Enbridge's application of the federal carbon tax on natural gas rates:"As we have said from day one, the Ontario government is committed to lowering energy costs and providing transparency for low-income families, seniors and small businesses. That is why we have always...Read More

Nektar Therapeutics reports earnings next ThursdayA big winner out of the healthcare sector today is Nektar Therapeutics (NASDAQ:NKTR), after the Food and Drug Administration (FDA) granted "breakthrough" therapy status to the company's lead cancer drug for melanoma. NKTR is up 5.1% to trade at $30.33 at last check, on track for its best day in two months. The FDA's decision is notable considering...Read More

Disappointing economic data has investors eyeing another rate cut later this yearThe first day of the month has kicked off with the Dow Jones Industrial Average (DJI) up more than 260 points at midday. Stocks sold off yesterday on post-rate cut comments from Fed Chair Jerome Powell, but are bouncing back today on renewed hopes for additional quantitative easing. Soft economic data is boosting tra...Read More

The equity is within striking distance of annual-low territoryOil-and-gas stock Helmerich & Payne, Inc. (NYSE:HP) is in the red with crude futures today, with oil prices set to snap a five-day winning streak. What's more, the worst may be ahead for HP shares, which just flashed a bearish technical signal and are facing seasonal headwinds, if past is prologue.Helmerich & Payne stock gapped lower la...Read More

Walt Disney earnings are also dueAmid a relatively light economic calendar, Wall Street will be watching another big dose of corporate earnings reports. While ride-hailing names Lyft (LYFT) and Uber (UBER) will each make their second appearances on the earnings stage since going public earlier this year, blue chip Walt Disney (DIS) will step up to the plate following the Dow stock's record-setting...Read More

"Great Panther Announces High Grade Drilling Results from Exploration Program at the Tucano Gold Mine https://t.co/0PKNkubXkI"Read full newsRead More

AMAG Pharmaceuticals has earnings coming up tooWomen's healthcare concern AMAG Pharmaceuticals, Inc. (NASDAQ:AMAG) has underperformed in a big way in the past year, but analysts at H.C. Wainwright see a trend change coming. The brokerage firm this morning began coverage with a "buy" recommendation and $16 price target -- almost double Wednesday's close of $8.26. The shares have added 8.4% out of...Read More

Short sellers are likely heading for the hills todayOne of the best stocks on Wall Street today is SunPower Corporation (NASDAQ:SPWR), up 35% to trade at $15.10, and earlier nabbing a three-year high of $15.67. The alternative energy issue reported second-quarter revenue of $481.90 million -- topping expectations of $451.64 million -- while also upping its fiscal-year outlook. SunPower cited grow...Read More

FIT has been struggling since a late-February post-earnings bear gapExercise apparel name Fitbit Inc (NYSE:FIT) is suffering a massive selloff this morning, last seen down 20.1% at $3.36, a penny above the all-time low it tapped this morning. The fitness device company last night cut its full-year revenue forecast to between $1.43 billion and $1.48 billion, due to poor sales of its latest smartwa...Read More

Shopify shares are exploring new highsThe shares of Shopify Inc (NYSE:SHOP) are soaring this morning, after the e-commerce company stepped into the earnings confessional. The Canadian firm reported second-quarter earnings and revenue that blew away analysts' expectations, and lifted its full-year revenue forecast. The earnings beat has SHOP stock up 8% at $343.09 in early trading, exploring record...Read More

Oil prices are pointed lower ahead of the openDow Jones Industrial Average (DJI) futures are trading just barely north of fair value this morning, after stocks sold off yesterday in the wake of what Fed Chair Jerome Powell described as a "midcycle adjustment" by the central bank -- a description of the quarter-point rate cut that wasn't quite as dovish as some market participants had hoped. Presid...Read More

(Reuters Breakingviews) - The word most frequently used by Greeks to describe th...Read full newsRead More

"Great Panther Announces High Grade Drilling Results from Exploration Program at the Tucano Gold Mine https://t.co/xwvIDtx4AY"Read full newsRead More

Gold prices have traded sideways in recent days, driven by a "wait and see" approach among market participants.The risk of speculative profit-taking in Comex gold is elevated at this juncture.But central bank and ETF gold buying should remain buoyant in H2 2019.BAR: While weakness cannot be ruled out early in August, we think that BAR will post a monthly gain in August - our target is at $14.55 pe...Read More

For central banks, gold is now equivalent to cash.European Central Banks end their gold selling agreements after 20 years, a bullish sign towards the acquisition of more gold.European financial regulators are also defining gold as equivalent to cash in their currency control framework.While they will never publicly admit it, their actions recognize gold as money. They just won't let the people...Read More

(Kitco News) - Unlike bitcoin, Facebook's Lira is backed by fiat currencies, which altogether make it more investable as a trading vehicle, this according to Peter Schiff, CEO of Euro Pacific Capital. "I'm happy with Facebook coming up with what I believe would be superior to bitcoin because it would be a digital currency backed by something," he said. However, Schiff noted that the fiat currenci...Read More

Zinc premiums dipped in Europe but were flat elsewhere, reflecting the onset of the summer slowdown, although US demand for lead and zinc is reportedly improving. SHG zinc premiums drop in Antwerp, backwardation in forward curve re-emerges Cash/three-month spread swings to $13 backwardation vs contango last week Some US lead buyers picking up tonnages at low numbersNorth European premiums down, ba...Read More

The three-month nickel price on the London Metal Exchange climbed by 1.4% at the close of trading on Wednesday July 31, shaking off downward momentum emanating from an expected US Federal Reserve interest rate cut and subsequent dollar incline. Nickel futures closed at $14,490 per tonne on Wednesday, climbing from an intraday low of $14,255 per tonne while just over 7,000 lots of metal traded over...Read More

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average tumbled more than 300 points Wednesday after the Federal Reserve cut interest rates by 25 basis points and Fed Chair Jerome Powell hinted that future cuts are not guaranteed. Apple (AAPL - Get Report) traded higher after the iPhone maker posted fiscal-third-quarter earnings and revenue that topped a...Read More