The sale of a 0.5% net smelter return royalty on its Pandora property to Agnico Eagle Mines (TSX: AEM; NYSE: AEM) monetizes a non-core asset and reduces the junior's cost of acquiring its McKenzie Break and Swanson properties by $800,000,Monarch Gold Corp. (TSX: MQR; US-OTC: MRQRF) reports.The Pandora royalty was part of the assets that Monarch acquired from Richmont Mines in October 2017, along...Read More

Contrary to traditional opinion, there is no stable, long-term correlation between gold and the VIX index or the S&P 500 index.Gold is in a strong, long-term relationship with the value of the dollar and the level of the U.S. real interest rate.Neither the dollar nor the real interest rate has dropped so much that this could explain the current price of gold. Investment Thesis The analysis of...Read More

Alexco Resource has tabled a prefeasibility study (PFS) for its wholly owned Keno Hills silver project, in Yukon, that assigns the project a $101.3-million after-tax net present value at a 5% discount-rate, and a 74% after-tax internal rate of return (IRR).It assumes a life-of-mine $17.90 per oz. silver price.Alexco expects the underground operation would process 154,000 tonnes per year over an e...Read More

Alexco Resource has tabled a prefeasibility study (PFS) for its wholly owned Keno Hills silver project, in Yukon, that assigns the project a $101.3-million after-tax net present value at a 5% discount-rate, and a 74% after-tax internal rate of return (IRR).It assumes a life-of-mine $17.90 per oz. silver price.Alexco expects the underground operation would process 154,000 tonnes per year over an e...Read More

West Africa is well endowed with mineral resources, and many world-class deposits have been discovered there in recent years. The region is a key source of gold, iron ore, bauxite, diamonds, phosphate, uranium, and its mainly untapped mineral wealth provides exceptional greenfield development potential.But despite increased interest in the whole spectrum of commodities in West Africa, the region i...Read More

West Africa is well endowed with mineral resources, and many world-class deposits have been discovered there in recent years. The region is a key source of gold, iron ore, bauxite, diamonds, phosphate, uranium, and its mainly untapped mineral wealth provides exceptional greenfield development potential.But despite increased interest in the whole spectrum of commodities in West Africa, the region i...Read More

West Africa is well endowed with mineral resources, and many world-class deposits have been discovered there in recent years. The region is a key source of gold, iron ore, bauxite, diamonds, phosphate, uranium, and its mainly untapped mineral wealth provides exceptional greenfield development potential.But despite increased interest in the whole spectrum of commodities in West Africa, the region i...Read More

West Africa is well endowed with mineral resources, and many world-class deposits have been discovered there in recent years. The region is a key source of gold, iron ore, bauxite, diamonds, phosphate, uranium, and its mainly untapped mineral wealth provides exceptional greenfield development potential.But despite increased interest in the whole spectrum of commodities in West Africa, the region i...Read More

May's Brexit deal was struck down for a third timeU.S. stocks arehigher in afternoon trading, with the Dow Jones Industrial Average (DJI) boasting a 129-point lead, andthe Nasdaq Composite (IXIC) and S&P 500 Index (SPX) also in the black. Optimism over U.S.-China trade talks is lifting stocks, following U.S. Treasury Secretary Steven Mnuchin's tweet, with trade-sensitive Caterpillar (CAT) and B...Read More

Great Panther Mining (TSX:GPR; NYSE:GPL)(Read full newsRead More

The stock is pacing for its fourth straight winYesterday's earnings beat from Tommy Hilfiger parent PVH (PVH) created a halo lift for sector peer Hanesbrands Inc. (NYSE:HBI), which has extended this positive price action in today's trading -- up 1.2% at $17.93 -- pacing for its fourth day in the black. The stock is up 43.2% year-to-date, and back atop its 200-day moving average after a brief dip b...Read More

The Dow, S&P, and Nasdaq are up double-digit percentage points in the first quarterStocks bounced back big in the first quarter, with the Dow, S&P 500, and Nasdaq all pacing for double-digit percentage gains in the first three months of 2019, following their worst quarterly performances in years at the end of last year. While the price action has been more mixed in March -- with tech shares turnin...Read More

An analysis of BTG's FY 2018 performance reveals that FY 2018 outperformed FY 2017 in terms of production and costs.I expect that BTG would perform even better during FY 2019.I have discussed the reasons for such an expectation.A technical price chart indicates that a reasonable target price in the medium term could lie between $3.00 and $3.50.Therefore, BTG is a bargain at the current price l...Read More

EURUSD The euro for a week remains under pressure on global markets, due to weak economic indicators. As a result, the pair declined from the EURUSD high near 1.1450 to 1.1220 - the lows area since June 2017. An attempt to break the downtrend failed with the help of Draghi. ECB President Mario Draghi warned of a possible extension of the extremely low rates period. Additionally, the EUR decline on...Read More

Most other analysts are bullish on the young stocksTwo stocks that may hold an appeal with the younger generation were met with downbeat attention from the analyst community today. Specifically, music streaming giant Spotify Technology SA (NYSE:SPOT) and high end cooler maker Yeti Holdings Inc (NYSE:YETI) are struggling on the charts today following bearish brokerage notes. For SPOT, the shares ar...Read More

BEIJING - China's Chalco said on Friday it boosted annual aluminium output by 16% in 2018, putting it ahead of Russia's Rusal as the world's second-biggest publicly traded producer of the metal.The increase underscores China's growing dominance of the global aluminium market, as the world's biggest producer and consumer of the metal, although weak aluminium prices have already led to some producti...Read More

Analyst sentiment was negative coming into todayWeb application developer F5 Networks, Inc. (NASDAQ:FFIV) is up 2.3% to trade at $157.18, just after landing an upgrade to "neutral" from "underweight" and a price-target hike to $163 from $157 at Piper Jaffray. The firm said its bull note comes despite continued concerns about the company's "longer-term dynamics," but noted the current valuation is...Read More

The stocks are higher after scoring lofty price targetsAnalysts this morning waxed optimistic on biotech stocks Xenon Pharmaceuticals Inc (NASDAQ:XENE), TG Therapeutics Inc (NASDAQ:TGTX), and Viking Therapeutics Inc (NASDAQ:VKTX). In fact, the brokerage firms expect shares of XENE, TGTX, and VKTX to more than double on the charts.XENE Options Attractively PricedXenon stock is up 4.7% to trade at $...Read More

MELBOURNE/SYDNEY - Australia's Wesfarmers Ltd remains keen on buyout talks with rare earths miner Lynas Corp Ltd, the retail-to-chemicals conglomerate said on Friday, despite its A$1.4 billion ($992 million) approach being rejected earlier this week.The comments foreshadow an intense takeover battle for the only proven producer of rare earth elements outside China, which has struggled with support...Read More

How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More