All three stocks went public last monthToday we're going to be looking at three bullish analyst notes out of the healthcare sector. More specifically, Twist Bioscience Corp (NASDAQ:TWST), Axonics Modulation Technologies Inc (NASDAQ:AXNX), and Orchard Therapeutics (NASDAQ:ORTX) all received upbeat attention from the brokerage community, so we'll check in on shares of TWST, AXNX, and ORTX below. Let...Read More
Commodity bull Goldman Sachs Group Inc. is undaunted by the sell-off in raw materials and is forecasting returns of about 17 percent in the coming months, describing the current situation as unsustainable and touting this week's G-20 meeting in Buenos Aires as a potential turning point."Given the size of dislocations in commodity pricing relative to fundamentals - with oil now having joined metals...Read More
MELBOURNE - A hive of mine exploration activity is underway in a remote corner of Western Australia's Great Sandy Desert, led by Rio Tinto Ltd , which has boosted its holdings 10-fold in the little explored Paterson province in the past year.Rio's interest in the area - flagged by its application for nearly 30 exploration licenses - has sparked a stampede into adjacent lots by other explorers, who...Read More
The brokerage firm said the stock is attractive at current levelsDeutsche Bank upgraded American Eagle Outfitters (NYSE:AEO) to "buy" from "hold," saying the retail stock is attractive at current levels. AEO stock closed last week at $19.54, but is up 5.5% this morning at $20.62.This upbeat outlook just echoes the broader sentiment seen among the brokerage bunch, with nearly all of the 12 analysts...Read More
Mr. Steve Fray reportsGOLDMONEY INC. ANNOUNCES UPDATE OF DISTRIBUTION OF MENE INC. (TSXV:MENE)Goldmoney Inc. has provided an update on the pro rata distribution of Mene Inc. Class B subordinate voting shares to Goldmoney shareholders, as previously announced on Nov. 14, 2018. The details of the distribution are summarized in the attached table.IssuerGoldmoney Inc.SecurityCommon shares Issuer's sym...Read More
CAIRO - Saudi Arabia aims to raise the kingdom's mining revenues to $64 billion from $17 billion by 2030, Energy Minister Khalid al-Falih said on Monday.Mining vast untapped reserves of bauxite, phosphate, gold, copper and uranium is key to the Saudi Arabia's efforts to diversify its economy away from hydrocarbons.Studies indicate that the level of the likely geological reserves in the kingdom exc...Read More
Retail stocks will be in focus as Black Friday data rolls inStock futures are signaling a positive open today, as U.S. markets try to bounce back from last week's heavy selling. The Dow Jones Industrial Average (DJIA) is set to open up more than 200 points, and the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are eyeing strong starts, too, thanks to pre-market gains from tech stocks.The retail a...Read More
What to make of a critical S&P trendline break"I like to keep unpopular but significant moving averages on my radar... One moving average that I have used is the 80-week moving average... It is off the radar of many, if not most, market participants. However, it has had an uncanny knack for signaling poor future price action on breakdowns, while also marking support during various market drawdowns...Read More
Mr. Ivan Bebek reportsAURYN IDENTIFIES MULTIPLE COPPER-GOLD DRILL TARGETS AT SOMBREROAuryn Resources Inc. has identified several kilometre-scale targets under copper-gold surface mineralization at its Sombrero project in southern Peru.The targets identified tend to begin at surface and can continue to a depth of 600 metres, representing more than one substantial opportunity for skarn and porphyry...Read More
Mr. Rudi Fronk reportsSEABRIDGE GOLD CLOSES $14.0 MILLION PRIVATE PLACEMENTSeabridge Gold Inc. has closed its previously announced non-brokered private placement of one million common shares of the company at a price of $14 per share for gross proceeds of $14-million. No commissions were payable on this transaction. The proceeds from the financing will be used to finance general working capital re...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
Canada's Capstone Mining (TSX:CS) is considering selling a portion of its large scale 70%-ownedSanto Domingo copper-iron project in Chile, as part of a strategic process kicked off today after the release of a positive technical report.The Vancouver-based company said the project, is located 50 km southwest of Codelco's El Salvador copper mine, said the report reveals that Santo Domingo has an aft...Read More
Roscan Gold (TSX-V: ROS) announced that it is moving forward with the development of its Kandiol?(C) Project and has just started a 3,500-metre Air Core drilling program, designed to test several of the numerous gold geochemical anomalies identified at the site.Kandiol?(C) is 100%-owned by the Canadian miner and it is located in the gold prospective Birimian Rocks of West Mali, east of B2Gold's Fe...Read More
Small Business Saturday was on track to set a new record of $3 billion in online sales as of 10 am Eastern Time, according to Adobe Analytics. The day, which American Express Co. AXP, +3.73% launched in 2010, saw online spend increase 24.3% year-over-year during the early hours, reaching $400 million. Today is the day- #SmallBizSat! It's finally here-the annual holiday shopping tradition that get...Read More
Goldcorp (TSX:G, NYSE:GG) and IBM Canada (NYSE:IBM) just launched IBM Exploration with Watson, a new technology that applies artificial intelligence to predict the potential for gold mineralization and is also capable of using search and query capabilities across a range of exploration datasets."The potential to radically accelerate exploration target identification combined with significantly imp...Read More
Goldcorp (TSX:G, NYSE:GG) and IBM Canada (NYSE:IBM) just launched IBM Exploration with Watson, a new technology that applies artificial intelligence to predict the potential for gold mineralization and is also capable of using search and query capabilities across a range of exploration datasets."The potential to radically accelerate exploration target identification combined with significantly imp...Read More
* Graphic: World FX rates in 2018* Graphic: Trade-weighted sterling since Brexit vote (Updates prices)LONDON, Nov 26 (Reuters) - The pound steadied on Mondayafter Britain sealed a deal with the European Union on quittingthe bloc, with the currency's gains curbed by doubts aboutwhether Prime Minister Theresa May can get the agreement througha divided parliament.With European leaders endorsing on Su...Read More
When his fellow miners winch him up from the hole in the desert, Keith Gushure is covered in mud.Gushure, 21, holds a pick and a hammer. For the past 18 hours he's been trying to chip, gouge and pry gold out of the 56-foot (17-meter) mine he helped dig, one of a series of deep pockmarks that dot the dry, flat landscape in Umguza, Zimbabwe, 230 miles (372 kilometers) southwest of the capital Harare...Read More
BTG has delivered strong financial and operational performance during Q3.Analysts' opinion and the technical chart also suggest more upside to the stock.A positive development in the Fekola mine indicates a potential increase in shareholder value.Increased FCFs are a support for the expansion of other mining properties.Thesis: During Q3 2018, B2Gold Corporation (BTG) reported revenue of ~$324...Read More
Published 23 Hours AgoUpdated5 Hours AgoReuters Simon Dawson | Bloomberg | Getty ImagesGold will continue to shine amid a weak dollar, says author and gold pro Jim Rickards.Gold firmed on Monday, supported by uncertainty over the future pace of U.S. interest rate hikes and the outcome of the G20 summit later this week when political leaders will focus on global trade tensions.Spot gold was down...Read More