The brokerage firm also started the chip stock with an "outperform" ratingThe U.S. stock market is soaring on Cyber Monday, with the Dow up 275 points at last check. Among individual names making notable moves today are casino Wynn Resorts, Limited (NASDAQ:WYNN), chip designer Nvidia Corporation (NASDAQ:NVDA), and gene therapy specialist Rocket Pharmaceuticals Inc (NASDAQ:RCKT). Here's a quick loo...Read More
Gold prices gave up earlier gains to settle slightly lower on Monday, with strength in global stock markets dulling investment demand for the precious metal. European stocks got a boost Monday on hopes that the Italian government may be able to find some common ground with the European Union over its budget. U.S. stocks also climbed following the worst Thanksgiving-week performance in seven years...Read More
ONTARIO - The skyline of Kirkland Lake changed recently when the 65-metre-tall concrete headframe for Kirkland Lake Gold's new Macassa No.4 shaft was slip formed in just 10 days.Another significant event in the No.4 shaft construction occurred when the team of Cementation, Tesc, Anmar, Northern Equipment, Niiwin GP, Shaba Testing, Peter Bull, MDB Mining, the Ontario Provincial Police, and Kirkland...Read More
ONTARIO - The skyline of Kirkland Lake changed recently when the 65-metre-tall concrete headframe for Kirkland Lake Gold's new Macassa No.4 shaft was slip formed in just 10 days.Another significant event in the No.4 shaft construction occurred when the team of Cementation, Tesc, Anmar, Northern Equipment, Niiwin GP, Shaba Testing, Peter Bull, MDB Mining, the Ontario Provincial Police, and Kirkland...Read More
ONTARIO - The skyline of Kirkland Lake changed recently when the 65-metre-tall concrete headframe for Kirkland Lake Gold's new Macassa No.4 shaft was slip formed in just 10 days.Another significant event in the No.4 shaft construction occurred when the team of Cementation, Tesc, Anmar, Northern Equipment, Niiwin GP, Shaba Testing, Peter Bull, MDB Mining, the Ontario Provincial Police, and Kirkland...Read More
CIEN also recently pulled back to a notable moving averageCiena Corporation (NYSE:CIEN) once again showed up on Schaeffer's Senior Quantitative Analyst Rocky White's list of the 20 S&P MidCap 400 Index (MID) stocks that saw the most options activity in the past 10 days. Names highlighted yellow are new to the list. CIEN options traders have recently taken a strong interest in put options, though t...Read More
SASKATCHEWAN - Toronto-based Appia Energy Corp.'s first diamond drilling program at Alces Lake has returned high grades of total rare earth oxides (TREO). The property, east of Uranium City, returned 10.02% TREO by weight over 3.55 metres.Appia drilled 15 short holes in three REE zones that it had uncovered at surface during this summer's overburden stripping program. Twelve of the holes intersec...Read More
SASKATCHEWAN - Toronto-based Appia Energy Corp.'s first diamond drilling program at Alces Lake has returned high grades of total rare earth oxides (TREO). The property, east of Uranium City, returned 10.02% TREO by weight over 3.55 metres.Appia drilled 15 short holes in three REE zones that it had uncovered at surface during this summer's overburden stripping program. Twelve of the holes intersec...Read More
• Over the past one week or so, the precious metal has been finding decent support near the $1220 horizontal zone but has been struggling to make it through a descending trend-line. • The combination of a descending trend-line and a horizontal support constituted towards the formation of a descending triangle on hourly charts, pointing to a nea...Read More
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A dramatic sell-off in commodities comes at a time when traders are closely monitoring a flurry of market drivers.So far this month, oil prices have collapsed on intensifying oversupply concerns, metals have fallen amid worries over slowing economic growth and investors continue to fret about the ongoing trade war between the world's two largest economies.Sam Meredith| @smeredith19Published 11 Hou...Read More
A maiden resource estimate on Eldorado Gold's (TSX: ELD; NYSE: EGO) Bolcana copper-gold project in Romania, about six km from the company's Certej project, has delivered 6.5 million inferred ounces of gold.The inferred resource of 381 million tonnes grading 0.53 gram gold per tonne and 0.18% copper for 6.5 million ounces of contained gold and 686,000 tonnes of copper, was based on 98 diamond drill...Read More
A maiden resource estimate on Eldorado Gold's (TSX: ELD; NYSE: EGO) Bolcana copper-gold project in Romania, about six km from the company's Certej project, has delivered 6.5 million inferred ounces of gold.The inferred resource of 381 million tonnes grading 0.53 gram gold per tonne and 0.18% copper for 6.5 million ounces of contained gold and 686,000 tonnes of copper, was based on 98 diamond drill...Read More
A maiden resource estimate on Eldorado Gold's (TSX: ELD; NYSE: EGO) Bolcana copper-gold project in Romania, about six km from the company's Certej project, has delivered 6.5 million inferred ounces of gold.The inferred resource of 381 million tonnes grading 0.53 gram gold per tonne and 0.18% copper for 6.5 million ounces of contained gold and 686,000 tonnes of copper, was based on 98 diamond drill...Read More
A maiden resource estimate on Eldorado Gold's (TSX: ELD; NYSE: EGO) Bolcana copper-gold project in Romania, about six km from the company's Certej project, has delivered 6.5 million inferred ounces of gold.The inferred resource of 381 million tonnes grading 0.53 gram gold per tonne and 0.18% copper for 6.5 million ounces of contained gold and 686,000 tonnes of copper, was based on 98 diamond drill...Read More
Saudi crude oil production hit an all time high 11.1-11.3 million barrels per day (bpd) in November, Reuters reports, even as OPEC scrambles with cutting output to boost tumbling prices.Read full newsRead More
The cutbacks announced by GM Monday morning were more severe than most analysts expected - and were certainly steeper than leaked reports published late Sunday and early Monday had suggested.Read full newsRead More
One REIT has ended the month higher 100% of the time over 10 yearsIt's been a rough couple of months for the stock market, with the S&P 500 Index (SPX) pacing for a second straight monthly loss -- something we haven't seen since the first quarter. However, several stocks could muscle higher in December, if past is prologue. Most notably, California-based real estate investment trust (REIT) Maceric...Read More