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Tag: NAK

  • Early Morning Vibes: Check These 4 Hot Stocks Right Now

    Early Morning Vibes: Check These 4 Hot Stocks Right Now

    Yesterday the US indices plunged deep into the red again. The last two days have seen a brave recovery, but panic broke out yesterday. The S&P 500 index lost 2.45% from a position of 3,829 points and the Nasdaq index fell 3.52% and closed at 13,119 points. The rising bond yields are now really starting to hurt investors. Ten-year yields rose to 1.49% on Thursday and the US 30-year Treasury bond even yields 2.28%. For the first time since early 2020, you will now receive a higher interest rate on this long-term bond than you will receive in dividends on stocks (S&P 500). 

    Technology stocks in particular seem to be affected by these higher interest rates. In recent days, the Nasdaq has lost more than the S&P and Dow Jones. Refinancing debt simply becomes more expensive and thus attracting new capital becomes more difficult. Hardest stocks are hit the hardest, because investors can still get out there with good profits. For example, Baidu lost 10% yesterday and Tesla again lost more than 10%. NVIDIA fell 7.11% and Spotify lost a whopping 9.45%.

     Positive outliers were Twitter (+ 3.71%) and GameStop (+ 18.56%). Twitter revised its earnings forecast upwards and GameStop responded positively to the CFO replacement.
     Today, the sell-off seems to be taking another tail, as futures are sharply lower. In the US, the Nasdaq Future is already 0.7% in the red. 

    Meanwhile, it is hoped that the interest rate rise will cool down quickly, because we are currently seeing panic across the entire market. The VIX (Volatility Index) has risen to a level of 28 points and even gold and silver are being hit. People really seem to be looking for liquidity, because even Bitcoin (-8%) is significantly lower today.

    Today Top Movers

    Lixte Biotechnology Holdings Inc (LIXT)is up 29.97% to $4.90 in premarket trading today.

    Armstrong Flooring Inc. (AFI) stock soared 36.14% to $5.5 in the pre-market trading after signing a definitive agreement to sell South Gate, California property for $76.7 million.

    Northern Dynasty Minerals Ltd. (AMEX: NAK) shares are trading up 33.14% at $0.932 at the time of writing.

    Sensus Healthcare Inc. (SRTS) grew over 15.18% at $4.4 in pre-market trading today. The company recently declared fourth quarter and full year 2020 financial results.

    Top Upgrades & Downgrades

    Needham turned bullish on LivePerson Inc. (LPSN), upgrading the stock to “Buy” and assigning a $71.0 price target, representing a potential upside of 35.81% from Thursday’s close. 

    NetApp Inc. (NTAP) has won the favor of Daiwa’s equity research team. The firm upgraded the shares from Neutral to Outperform and moved their price target to $70, suggesting a 14.36% additional upside for the stock. 

    Spirit Realty Capital Inc. (SRC) received an upgrade from analysts at UBS. They changed their rating on SRC to Neutral from Sell in a recently issued research note.

    Earlier Friday Baird reduced its rating on Voyager Therapeutics Inc. (VYGR) stock to Neutral from Outperform and assigned the price target to $6. 

    Raymond James analysts reduced their investment ratings, saying in research reports covered by the media that it’s rating for Best Buy Co. Inc. (BBY) has been changed to Outperform from Strong Buy and the new price target is set at $120. 

    Analysts at SVB Leerink downgraded Pandion Therapeutics Inc. (PAND)’s stock to Market Perform from Outperform Friday.

    Latest Insider Activity

    PayPal Holdings Inc. (PYPL) EVP, Chief Strategy & Growth Auerbach Jonathan announced the sale of shares taking place on Feb 23 at $261.38 for some 46,134 shares. The total came to more than $12.06 million. 

    Tapestry Inc. (TPR) VP, Controller, and PAO Dadlani Manesh sold on Feb 24 a total of 19,753 shares at $41.47 on average. The insider’s sale generated proceeds of almost $6801. 

    Ford Motor Company (F) Director THORNTON JOHN L declared the purchase of shares taking place on Feb 23 at $11.62 for some 8,620 shares. The transaction amount was around $0.1 million. 

    DuPont de Nemours Inc. (DD) Director CURTIN TERRENCE R bought on Feb 22 a total 7,500 shares at $69.94 on average. The purchase cost the insider an estimated $524,549.

    Important Earnings

    Top US earnings releases scheduled for today include DraftKings Inc. (NASDAQ: DKNG). It will announce its Dec 2020 financial results. The company is expected to report earnings of -$0.47 per share from revenues of $232.6M in the three-month period. 

    Analysts expect Vistra Corp. (NYSE: VST) to report a net income (adjusted) of $0.76 per share when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $3.39B. 

    EOG Resources Inc. (EOG), due to announce earnings before the market opens today, is expected to report earnings of $0.8 per share from revenues of $3.04B recently concluded three-month period.

  • 32 Stocks Making Sharp Moves in Pre Market Session

    32 Stocks Making Sharp Moves in Pre Market Session

    Sundial Growers Inc. (SNDL) stock soared 1.72% to $0.5088 in the pre-market trading after declaring $50 million prepayment on senior secured non-revolving term credit facility. The most recent rating by CIBC, on August 17, 2020, is a Neutral.

    FuelCell Energy Inc. (FCEL) is up more than 2.09% at $8.31 in pre-market hours Wednesday December 16, 2020. The stock had jumped over 5.71% to $8.14 in the last trading session.

    BioCardia Inc. (NASDAQ: BCDA) shares are trading up 5.22% at $7.05 at the time of writing after reporting that it has entered into definitive agreements with investors for the purchase and sale of 1,789,474 shares of its common stock at a purchase price of $4.75 per share Company’s 52-week ranged between $1.91 to $6.95.

    Before the trading started on December 16, 2020, MicroVision Inc. (MVIS) is down -1.9% to reach $4.13. It has been trading in a 52-week range of $0.15 to $3.45.

    Apartment Investment and Management Company (AIV) tumbled over -6.75% at $4.7 in pre-market trading today following completion of separation of Apartment Income REIT Corp.

    Before the trading started on December 16, 2020, GeoVax Labs Inc. (GOVX) is down -7.86% to reach $3.4. It has been trading in a 52-week range of $2.30 to $60.00.

    Anchiano Therapeutics Ltd. (ANCN), a Biotechnology company, dropped about -7.99% at $2.65 in pre-market trading Wednesday after the company and and Chemomab Ltd. declared their entry into a definitive merger agreement.

    BEST Inc. (NYSE: BEST) shares are trading up 3.29% at $2.2 at the time of writing. Company’s 52-week ranged between $2.36 to $6.54. Analysts have a consensus price target of $3.50.

    Veru Inc. (VERU) stock moved down -7.5 percent to $8.63 in the pre-market trading. The company lately reported positive Phase 2 clinical trial results for Enobosarm.

    Northern Dynasty Minerals Ltd. (NAK) is up more than 3.67% at $0.325 in pre-market hours Wednesday December 16, 2020. The stock had dropped over -4.74% to $0.31 in the last trading session.

    Moderna Inc. (MRNA) stock plunged -3.33% to $142.32 in the pre-market trading. The company recently confirmed supply agreement with the Ministry of Health to supply Singapore with mRNA vaccine against COVID-19 (mRNA-1273). The most recent rating by Needham, on December 09, 2020, is a Hold.

    Before the trading started on December 16, 2020, Teligent Inc. (TLGT) is up 2.2% to reach $0.93. It has been trading in a 52-week range of $0.46 to $6.46.

    HEXO Corp. (HEXO), a Drug Manufacturers – Specialty & Generic company, rose about 2.75% at $1.12 in pre-market trading Wednesday. The firm recently revealed it first quarter fiscal 2021 financial results.

    Gevo Inc. (NASDAQ: GEVO) shares are trading up 4.74% at $1.99 at the time of writing. Company’s 52-week ranged between $0.46 to $2.91.

    Timber Pharmaceuticals Inc. (TMBR) stock moved down -0.97 percent to $1.02 in the pre-market trading after receiving notice of allowance from U.S. Patent and Trademark Office for Lead Asset TMB-001.

    Baidu Inc. (BIDU) is up more than 4.33% at $193.53 in pre-market hours Wednesday December 16, 2020. The stock had jumped over 13.83% to $185.50 in the last trading session.

    Aurora Cannabis Inc. (ACB) gained over 1.76% at $10.39 in pre-market trading Wednesday December 16, 2020 after provided a business update.

    Velodyne Lidar Inc. (VLDR) stock soared 3.91% to $20.2 in the pre-market trading after declaring a sales agreement for Alpha Prime sensors with May Mobility, a pioneer in autonomous vehicle (AV) technology. The most recent rating by Needham, on December 15, 2020, is a Buy.

    Before the trading started on December 16, 2020, Nikola Corporation (NKLA) is up 3.64% to reach $17.08. It has been trading in a 52-week range of $10.29 to $93.99.

    PG&E Corporation (NYSE: PCG) shares are trading up 2.87% at $12.55 at the time of writing after paying over $268 million in property taxes to 50 California counties. Company’s 52-week ranged between $6.25 to $18.34. Analysts have a consensus price target of $15.

    SELLAS Life Sciences Group Inc. (SLS) tumbled over -3.72% at $6.99 in pre-market trading today. The firm recently reported the pricing of $16.2 million registered direct offering.

    Nxt-ID Inc. (NASDAQ: NXTD) shares are trading down -1.66% at $0.4795 at the time of writing. Company’s 52-week ranged between $0.21 to $0.89.

    Qualigen Therapeutics Inc. (QLGN), a Biotechnology company, rose about 1.23% at $4.12 in pre-market trading Wednesday following its announcement of issuance of U.S. Patent for expanded applications of ALAN Anticancer Platform Technology.

    Concord Medical Services Holdings Limited (CCM) lost over -30.32% at $3.7 in pre-market trading Wednesday December 16, 2020.

    Aphria Inc. (APHA) grew over 11.45% at $9.05 in pre-market trading today following its declaration of definitive agreement with Tilray, Inc. (TLRY), to combine their businesses and create the world’s largest global cannabis company.

    Before the trading started on December 16, 2020, Hecla Mining Company (HL) is up 5.9% to reach $5.74. It has been trading in a 52-week range of $1.40 to $6.79.

    Twitter Inc. (TWTR), a Internet Content & Information company, rose about 3.1% at $54.46 in pre-market trading Wednesday after the declaration from the Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (AMZN), that Twitter (TWTR) has selected AWS to provide global cloud infrastructure to deliver Twitter timelines.

    Torchlight Energy Resources Inc. (TRCH) stock plunged -4.63% to $0.5332 in the pre-market trading. The most recent rating by ROTH Capital, on March 13, 2020, is a Neutral.

    Arvinas Inc. (ARVN) is up more than 1.41% at $75.3 in pre-market hours Wednesday December 16, 2020 after reporting the pricing of an underwritten public offering of 5,714,286 shares of its common stock at a price of $70.00 per share, before underwriting discounts and commissions.

    Cinedigm Corp. (CIDM) stock plunged -0.54% to $0.84 in the pre-market trading. The most recent rating by The Benchmark Company, on July 07, 2020, is a Speculative buy.

    PDL BioPharma Inc. (PDLI) grew over 6.59% at $2.75 in pre-market trading today. The company recently reported that it has entered into a Capital Provision Agreement with Epps Investments LLC.

    vTv Therapeutics Inc. (VTVT) is down more than -31.99% at $2.02 in pre-market hours Wednesday December 16, 2020 after revealing that the Phase 2 Elevage study of azeliragon in people with mild Alzheimer’s disease and type 2 diabetes did not meet its primary objective of demonstrating an improvement in cognition as assessed by the 14-item Alzheimer’s Disease Assessment Scale – Cognitive Subscale (ADAS-cog14) relative to placebo.

  • 20 Trending Stocks In Metals Mining Industry To Invest In

    20 Trending Stocks In Metals Mining Industry To Invest In

    The mining industry has experienced many challenges in the past few years. The mining industry is recovering from the uncertain period of the year. As we are now in the era of the fourth industrial revolution, digitization is providing technological advancements for the mining sector. This industry reach is so wide that many that the utilization rate of metal is the main factor that determines the health of the global economy.

    There are few trends in the mining sector that the mining companies can adopt to gain a competitive edge. These trends include dynamically managing risk, the path to decarbonization, modernizing core technologies, and various opportunities in the period of uncertainty.

    Here are the top 20 companies in the mining sector which are following new trends to compete in the fast-growing market:

    Westwater Resources Inc. (NASDAQ: WWR)

    Westwater Resources Inc. (NASDAQ: WWR) shares were trading up 49.32% at $4.42 at the time of writing on Friday. Westwater Resources Inc. (NASDAQ: WWR) share price went from a low point around $0.25 to briefly over $9.25 in the past 52 weeks, though shares have since pulled back to $4.42.

    Westwater Resoruces Inc. applauds the President’s Executive Order signed on September 30, 2020, that addresses the threat to the U.S. domestic supply chain from reliance on critical minerals from foreign adversaries. WWR market cap has remained high, hitting $24.49M at the time of writing.

    Vale S.A. (VALE)

    Vale S.A. (VALE) stock drop by -0.19% to $10.39. The most recent rating by Exane BNP Paribas, on June 05, 2020, is at an Outperform. Vale S.A. (VALE) has announced earlier it will end production of manganese ferroalloys in the city of Simões Filho, in Bahia state, the company said in a filing on Monday. The company projects to execute the shutdown by the end of the year. This company market capitalization has remained high, $55.11 billion at the time of writing.

    Northern Dynasty Minerals Ltd. (AMEX: NAK)

    Northern Dynasty Minerals Ltd. (AMEX: NAK) shares headed falling, lower as much as 0.00%. The most recent rating by H.C. Wainwright, on October 19, 2017, is at a Buy. Northern Dynasty Minerals Ltd. (NAK) has earlier issued a Technical Report on Alaska’s Pebble Project, including a revised mineral resource estimate disclosed in August that establishes Pebble as the single most significant source of Rhenium in the world.

    Teck Resources Limited (NYSE: TECK)

    Teck Resources Limited (NYSE: TECK) rose 1.42% after gaining more than $0.2 on Friday. Teck Resources Limited (TECK) has earlier disclosed that it has named Alejandro Vásquez as the Vice President, South America. Mr. Vásquez is responsible for Teck’s operating assets in South America and Teck’s corporate office in Santiago. Justine Fisher has been named Vice President and Treasurer, following the retirement of Scott Wilson.  Amber Johnston-Billings has been named Vice President, Communities, Government Affairs, and HSEC Systems effective October 12, following the retirement of Mark Edwards.

    Rio Tinto Group (NYSE: RIO)

    Rio Tinto Group (NYSE: RIO) stock soar by 1.12% to $60.49. The most recent rating by Credit Suisse, on September 30, 2020, is at a Neutral. Rio Tinto Group (RIO) disclosed that it was ready to talk to stakeholders over allegations of human rights breaches at a giant copper mine in Bougainville that it formerly owned after community members filed a complaint with the Australian government.

    BHP Group (NYSE: BHP)

    BHP Group (NYSE: BHP) Shares headed rising, higher as much as 0.23%. The most recent rating by Credit Suisse, on September 30, 2020, is at an Outperform. BHP Group (BHP) revealed earlier that the destruction of a 43,000-year old Aboriginal rock shelter in Australia by fellow miner Rio Tinto had impacted the trust between Indigenous landowners and the resource industry. This company has a total market capitalization of $121.45 billion at the time of writing.

    Great Panther Mining Limited (AMEX: GPL)

    Great Panther Mining Limited (AMEX: GPL) last closed at $0.87, in a 52-week range of $0.23 to $1.07. Great Panther Mining Limited (GPL) has disclosed the publication of its first Sustainability Report highlighting the progress, initiatives, and commitments in the areas of health, safety, environmental, social, and governance management.

    SilverCrest Metals Inc. (AMEX: SILV)

    SilverCrest Metals Inc. (AMEX: SILV) stock drop by -3.00% to $8.40. The most recent rating by B. Riley FBR, on March 03, 2020, is at a Buy. SilverCrest Metals Inc. (SILV) is pleased to announce the appointment of Tara Hassan as Vice President, Corporate Development. Ms. Hassan is a mining engineer with over 15 years of industry experience, including mine operations, mining technology, project development, and capital markets.

    Taseko Mines Limited (AMEX: TGB)

    Taseko Mines Limited (TGB) last closed at $1.02, in a 52-week range of $0.20 to $1.34. Taseko Mines Limited (TGB) is pleased to disclose that its Gibraltar Mine has been awarded the prestigious Jake McDonald Annual Award for Metal Mine Reclamation from the British Columbia Technical and Research Committee on Reclamation. It has moved up 436.35% from its 52-weeks low and moved down -19.95% from its 52-weeks low. This company has a total market capitalization of $253.20 million at the time of writing.

    Americas Gold and Silver Corporation (AMEX: USAS)

    Americas Gold and Silver Corporation (AMEX: USAS) fall -1.53% after losing more than -$0.04 on Friday. Americas Gold and Silver Corporation (USAS) growing North American precious metals producer, provides an update to its Mineral Reserve and Resource statement as of June 30, 2020. This company has a total market capitalization of $298.67 million at the time of writing.

    China Natural Resources Inc. (NASDAQ: CHNR)

    China Natural Resources Inc. (NASDAQ: CHNR) fall 0.00% after losing more than $0.0 on Friday. China Natural Resources Inc. (CHNR) has released unaudited interim financial information for the six months ended June 30, 2020. This company market capitalization has remained high, hitting $39.41 million at the time of writing. If we look at the liquidity of this company, it has a current ratio of 0.10.

    Auryn Resources Inc. (AUG)

    Auryn Resources Inc. (AUG) last closed at $2.12, in a 52-week range of $0.71 to $2.66. Analysts have a consensus price target of $3.40. Auryn Resources Inc. (AUG) and Eastmain Resources Inc. (TSX: ER)  has earlier announced that proxy voting has concluded with support from shareholders of both companies in excess of 99% for the previously announced transactions pursuant to which Auryn spins out its Peruvian assets and immediately acquires Eastmain.

    Lithium Americas Corp. (NYSE: LAC)

    Lithium Americas Corp. (LAC) last closed at $14.70, in a 52-week range of $1.92 to $12.93. Lithium Americas Corp. (LAC) share price went from a low point around $1.92 to briefly over $15.30 in the past 52 weeks, though shares have since pulled back to $16.28. It has moved up 747.86% and 6.40% from its 52-weeks low and high, respectively. LAC market cap has remained high, hitting $1.33 billion at the time of writing.

    Piedmont Lithium Limited (NASDAQ: PLL)

    Piedmont Lithium Limited (PLL) last closed at $26.11, in a 52-week range of $4.00 to $54.50. Analysts have a consensus price target of $30.50. Piedmont Lithium Limited (PLL) stock has moved up 685.25% from its 52-weeks high and moved down -42.37% from its 52-weeks low. Its market capitalization has remained high, hitting $301.65 million at the time of writing.

    BHP Group (NYSE: BBL)

    BHP Group (NYSE: BBL) rose 0.64% after gaining more than $0.27 on Friday. BHP Group share price went from a low point around $23.64 to briefly over $48.67 in the past 52 weeks, though shares have since pulled back to $42.86. It has moved up 81.30% from its 52-weeks low and moved down -11.94% from its 52-weeks high. BBL market cap has remained high, hitting $121.45  billion at the time of writing.

    PolyMet Mining Corp. (AMEX: PLM)

    PolyMet Mining Corp. (AMEX: PLM) Shares headed rising, higher as much as 1.30%. The most recent rating by H.C. Wainwright, on September 08, 2014, is at a Buy. PolyMet Mining Corp. shares have fluctuated $1.50 from its 52-weeks low range and $9.70 from its 52-weeks high range. It has moved up 169.67% from its 52-weeks low and moved down -58.30% from its 52-weeks low. This company has a total market capitalization of $386.31 million at the time of writing.

    Vedanta Limited (NYSE: VEDL)

    Vedanta Limited (NYSE: VEDL) stock drop by -0.95% to $7.33. The most recent rating by JP Morgan, on May 05, 2020, is at a Neutral. Vedanta Limited (VEDL) share price went from a low point around $3.24 to briefly over $9.41 in the past 52 weeks, though shares have since pulled back to $7.43. It has moved up129.32% from its 52-weeks low and moved down -21.04% from its 52-weeks high. VEDL market cap has remained high, hitting $6.81 billion at the time of writing.

    United States Antimony Corporation (AMEX: UAMY)

    United States Antimony Corporation (AMEX: UAMY) shares headed falling, lower as much as -2.59%. United States Antimony Corporation (UAMY) shares have fluctuated $0.22 from its 52-weeks low range and $0.59 from its 52-weeks high range. It has moved up 33.30% from its 52-weeks low and moved down -50.41% from its 52-weeks low. This company has a total market capitalization of $20.30 million at the time of writing.

    Ferroglobe PLC (NASDAQ: GSM)

    Ferroglobe PLC (NASDAQ: GSM) stock drop by -1.54% to $0.64. The most recent rating by Stifel, on September 16, 2019, is at a Hold. Ferroglobe PLC (GSM) market cap has remained high, hitting $110.00 Million at the time of writing.

    Western Copper and Gold Corporation (AMEX: WRN)

    Western Copper and Gold Corporation (AMEX: WRN) shares headed falling, lower as much as -6.78%. The most recent rating by ROTH Capital, on October 26, 2017, is at a Buy. Western Copper and Gold Corporation (AMEX: WRN) market cap has remained high, hitting $126.70 Million at the time of writing.

     

     

  • 12 Trending Stocks In Mining Industry To Watch

    12 Trending Stocks In Mining Industry To Watch

    One thing which is constant is change. The mining industry is considered to be among those industries that are implementing the new changes with the evolution of new technology. The use of technology has been developing in the mining industry since its establishment. We are in the era of the fourth industrial revolution. Digitization is considered to be a leading provider of technological evolution in the mining industry.

    This industry reach is so wide that the utilization rate of metal is the main factor that determines the health of the global economy. Digitization may have come a little later to the mining sector as compared to other sectors but this industry easily adopts it and implement it. The use of drones, AI, and 3D modeling is increasing in this sector.

    3D modeling techniques are helpful in the mining industry in the making of schematic before the construction of new mines. Similarly, AI also plays a very important role in this industry. This technology aids mining companies to organize, understand, and make decisions by analyzing the data they collect.

    Lets’ have a quick look to see the top 12 mining companies are using these technologies or not:

    Northern Dynasty Minerals Ltd. (AMEX: NAK)

    Northern Dynasty Minerals Ltd. (AMEX: NAK) shares were trading up 19.23% at $1.14 at the time of writing on Thursday. Northern Dynasty Minerals Ltd. (AMEX: NAK) share price went from a low point around $0.35 to briefly over $2.49 in the past 52 weeks, though shares have since pulled back to $1.14.

    Northern Dynasty Minerals Ltd. has confirmed that financial market participants can get an update on the company and its 100%-owned Pebble copper-gold-molybdenum-silver-rhenium project in southwest Alaska via two online presentations from its senior leaders this week. NAK market cap has remained high, hitting $583.20M.

    Vale S.A. (NYSE: VALE)

    Vale S.A. (NYSE: VALE) last closed at $11.88, in a 52-week range of $6.49 to $13.67. Analysts have a consensus price target of $15.08. Vale S.A. (VALE) revealed on Monday that it has decided to end production of manganese ferroalloys in the city of Simões Filho, in Bahia state. The company is anticipating closing the production by the end of the year.  The company is also focusing on the buyout program for its employees. If we look at its liquidity, it has a current ratio of 1.80. This company’s market capitalization is $59.17 billion.

    Teck Resources Limited (NYSE: TECK)

    Teck Resources Limited (NYSE: TECK) stock soar by 3.62% to $14.89. The most recent rating by National Bank Financial, on July 21, 2020, is at a Sector perform. Teck Resources Limited revealed earlier that their Chilean affiliates, Compañía Minera Teck Carmen de Andacollo S.A.  have signed a long-term power purchase agreement to provide 100% renewable power for Teck’s Carmen de Andacollo Operation in Chile.  CdA will source 72 Megawatts (MW) (550 GWh/year) from AES Gener’s growing renewable portfolio of wind, solar and hydroelectric energy.

    BHP Group (NYSE: BHP)

    BHP Group (NYSE: BHP) shares headed falling, lower as much as -0.70%. The most recent rating by Goldman, on September 15, 2020, is at a Buy. BHP Group (BHP) is trying to disturb cultural sites even after concerns raised. BHP executives David Bunting, the company’s Australian Heritage Manager, and Libby Ferrari, Head of Indigenous Engagement, confirmed the application of BHP to disturb 40 sacred sites of the Banjima indigenous group as part of its $2.9 billion South Flank mine expansion in the Pilbara.

    Rio Tinto Group (NYSE: RIO)

    Rio Tinto Group (NYSE: RIO) last closed at $64.72, in a 52-week range of $35.35 to $66.55. Analysts have a consensus price target of $58.45. Previously, Rio Tinto Group (RIO) disclosed an update in respect of its beneficial ownership of common shares of Entrée Resources Ltd. held by its wholly-owned subsidiary Rio Tinto International Holdings Limited.

    Great Panther Mining Limited (AMEX: GPL)

    Great Panther Mining Limited (AMEX: GPL) Shares headed rising, higher as much as 0.98%. The most recent rating by ROTH Capital, on August 10, 2017, is at a Buy. Great Panther Mining Limited (GPL) has shared the publication of its first Sustainability Report showing the progress, initiatives, and commitments in the areas of health, safety, environmental, social, and governance management.

    America’s Gold and Silver Corporation (AMEX: USAS)

    America’s Gold and Silver Corporation (AMEX: USAS) stock drop by -1.92% to $3.07. America’s Gold and Silver Corporation (USAS) has announced a significant increase to Galena Complex Resource. America’s Gold and Silver Corporation market capitalization have remained high, hitting $356.78 million at the time of writing.

    BHP Group (NYSE: BBL)

    BHP Group (NYSE: BBL) fall -1.10% after losing more than -$0.51 on Thursday. BHP Group (NYSE: BBL) share price went from a low point around $23.64 to briefly over $48.67 in the past 52 weeks, though shares have since pulled back to $45.89. BHP Group market cap has remained high, hitting $130.14 billion at the time of writing. Focusing on its profitability, its return on assets, equity, and investment is 8.00%, 16.50%, and 14.70%.

    Lithium Americas Corp. (NYSE: LAC)

    Lithium Americas Corp. (NYSE: LAC) stock soar by 5.08% to $9.52. The most recent rating by ROTH Capital, on May 03, 2018, is at a Buy. In the past 52-weeks of trading, Lithium Americas Corp. (LAC) stock has fluctuated between the low range of $1.92 and a high range of $9.71. It has moved up 395.83% from its 52-weeks low and moved down 9.71% from its 52-weeks high. This company’s market capitalization has remained high, hitting $862.92 million at the time of writing.

    Ferroglobe PLC (NASDAQ: GSM)

    Ferroglobe PLC (NASDAQ: GSM) rose 6.45% after gaining more than $0.04 on Thursday. Ferroglobe PLC (GSM) share price went from a low point around $0.35 to briefly over $1.38 in the past 52 weeks, though shares have since pulled back to $0.70. Ferroglobe PLC’s market cap has remained high, hitting $121.24 million at the time of writing.

    Taseko Mines Limited (AMEX: TGB)

    Taseko Mines Limited (AMEX: TGB) last closed at $1.20, in a 52-week range of $0.20 to $1.19. Taseko Mines Limited (TGB) has moved up 500.00% and 0.84% from its 52-weeks low and 52-weeks high, respectively. This company’s market capitalization has remained high, hitting $299.77 million at the time of writing.

    Piedmont Lithium Limited (NASDAQ: PLL)

    Piedmont Lithium Limited (NASDAQ: PLL) Shares headed rising, higher as much as 32.53%. Piedmont Lithium Limited (PLL) share price went from a low point around $4.00 to briefly over $10.31 in the past 52 weeks, though shares have since pulled back to $11.00. Piedmont Lithium Limited market cap has remained high, hitting $127.08 million at the time of writing.

  • Top Stocks to Watch as Markets Head to a Weak Start

    Top Stocks to Watch as Markets Head to a Weak Start

    U.S stocks are headed for a bearish start to the day after yesterday’s statements by the Fed Monetary Committee on interest rates. Yesterday the Federal Reserve announced that it would keep interest rates as they are, while also offering a positive message on the direction of the U.S economy for the rest of the year. However, the Fed also announced that while the economy was recovering fast, the future remained uncertain.

    It also added that the country’s economic activity would continue to face challenges from the COVID-19 pandemic. This has sent the message that despite the easing of lockdowns, the pandemic will continue to be a dark cloud on the economy until a vaccine is found. As such, the fact that none has been found yet means that uncertainty could last for longer. That’s because even at the point that one is found, there still could be a period of uncertainty as countries move to distribute the doses to their population. Despite the bearish outlook in the day, the overall sentiment of the market remains bullish. It is for this reason that stocks that have positive news about them are gaining quite strongly in the day. Some of the top performers ahead of markets opening are as below:

    Enservco Corporation [NYSE: ENSV]

    Enservco Corporation is a top gainer this morning and is up by over 49%. This is largely price action-driven, as there is no news about the company at the moment.

    A month ago, the company announced its Q2 results and they reflected a slowdown in economic activity due to its economic activity. The company also stated that it was well-positioned to meet the company’s client base. The company also announced that it was refinancing its debt to improve its balance sheet.  With the COVID-19 wave slowing down globally, investors are likely to keep bidding up the price.

    Northern Dynasty Minerals Ltd [NYSE: NAK]

    Northern Dynasty Minerals Ltd is another top performer this morning and is up by over 35%. This is largely a price action move and comes days after the company’s CEO presented at the H.C Wainwright & Co. The fact that he touched on the company’s Pebble project continues to create excitement in the market.

    Sorrento Therapeutics Inc [NASDAQ: SRNE]

    Sorrento Therapeutics Inc is another top performer this afternoon and is up by over 32%. This follows the company’s announcement that it had got a study may proceed letter from the US FDA for its phase 1 clinical trial for its COVID-19 treatment called COVI-GUARD.

     

     

  • 20 Trending Stocks In Mining Industry Can Be Good Bets

    20 Trending Stocks In Mining Industry Can Be Good Bets

    The mining industry is facing new challenges as new trends emerge with the passage of time. The metal and Mining industry reach is so broad that the utilization rate of metal is considered to be the key factor that determines the health of the global economy. Mining companies must adapt to rapid technological change, innovation, and digital transformation. The growing climate crisis also increases pressure on the mining industry. The metals and mining industry needs to establish long-lasting benefits for the communities they operate in.

    The world has changed in 2020. The pandemic has affected almost every sector and caused various industries to stop their operations. But here the question arises what are the challenges faced by the metal and mining industry. Demand took a downturn which has a major impact on this industry. Here are the top 20 leading companies which are following new trends of the market to maintain its position:

    Teck Resources Limited (NYSE: TECK)

    Teck Resources Limited (NYSE: TECK) last closed at $13.00, in a 52-week range of $5.60 to $19.44. Teck Resources Limited (TECK) disclosed earlier that the Partners in the Fort Hills limited partnership have decided to restart the second Fort Hills train and plan to increase production to approximately 120,000 barrels per day by the end of the year. Teck Resources Limited has a total market capitalization of $6.24 billion at the time of writing.

    Northern Dynasty Minerals Ltd. (AMEX: NAK)

    Northern Dynasty Minerals Ltd. (AMEX: NAK) shares headed falling, lower as much as -2.88%. The most recent rating by H.C. Wainwright, on October 19, 2017, is at a Buy. Northern Dynasty Minerals Ltd. (AMEX: NAK) has responded to the report issued by Beijing-based short-seller J Capital Research on September 9, 2020. NAK labeled it “fatuous, flimsy and fundamentally self-serving,” as well as “typical of such efforts to profit by destroying the value of honest shareholders’ investments.” It has also named Mike Westerlund, a seasoned Investor Relations executive. He has more than 20 years’ experience in the North American mining and metals industry.

    Rio Tinto Group (NYSE: RIO)

    Rio Tinto Group (NYSE: RIO) rose 5.01% after gaining more than $3.05 on Friday. Rio Tinto Group (RIO) disclosed that its CEO Jean-Sébastien Jacques will resign after shareholders showed discontent with the handling of the mining giant’s destruction of two Aboriginal rock shelters in Australia. Jacques will remain in his position until March 31 next year to ensure business continuity and to maintain the performance of the group’s global operations during COVID-19.

    BHP Group (NYSE: BHP)

    BHP Group (NYSE: BHP) last closed at $54.19, in a 52-week range of $29.78 to $58.35. Analysts have a consensus price target of $51.04. BHP Group (BHP) will connect a portion of bonus payments for Chief Executive Officer Mike Henry and key leaders to progress by the world’s top miner on lowering greenhouse gas emissions at both its own operations and those of its customers. It has a total market cap of $126.20 billion at the time of writing.

    General Moly Inc. (AMEX: GMO)

    General Moly Inc. (AMEX: GMO) fall -2.28% after losing more than -$0.01 on Friday. General Moly Inc. (GMO) disclosed on September 1, 2020, it has entered into a binding letter of intent with Pathfinder Minerals LLC for the sale by the Company of Liberty Moly LLC and all assets owned by the Company that constitutes the Liberty Project. It has a 52-weeks low range of $0.10 and a high range of $0.37. GMO market capitalization has remained high, hitting $19.55 million.

    Americas Gold and Silver Corporation (AMEX: USAS)

    Americas Gold and Silver Corporation (AMEX: USAS) stock soar by 0.34% to $2.92. America’s Gold and Silver Corporation (USAS) has earlier gave an update on the ramp-up of the Relief Canyon mine toward commercial production. It has also revealed that it has concluded it’s previously announced and upsized bought deal financing with a syndicate of underwriters co-led by Desjardins Capital Markets and Cormark Securities Inc., and including Stifel GMP, Clarus Securities Inc., and Laurentian Bank Securities Inc.

    Westwater Resources Inc. (NASDAQ: WWR)

    Westwater Resources Inc. (NASDAQ: WWR) Shares headed falling, lower as much as -2.29%. enCore Energy has earlier announced it has signed a Binding Agreement to acquire Westwater Resources’ Uranium Production & Resource Assets. Total compensation accruing to Westwater as part of the deal is anticipated to be in excess of $1.95 million in enCore shares and royalties from future production from the New Mexico properties.

    Trilogy Metals Inc. (AMEX: TMQ)

    Trilogy Metals Inc. (AMEX: TMQ) last closed at $1.87, in a 52-week range of $1.03 to $2.74. Analysts have a consensus price target of $2.00. Trilogy Metals Inc. (TMQ) announces that the Company has chosen Richard Gosse as Vice President Exploration, effective immediately. Mr. Gosse is a highly seasoned exploration geologist. He has 35 years of experience, including 15 years at the Vice President level.

    Auryn Resources Inc. (AMEX: AUG)

    Auryn Resources Inc. (AMEX: AUG) stock drop by -1.91% to $2.05. Auryn Resources Inc. (AUG) has launched Proxy Circular for reorganization and Eastmain acquisition. It has also revealed that it has completed the purchase of six Sombrero copper-gold concessions in southern Peru that had been optioned in 2016 from Alturas Minerals S.A. Auryn Resources Inc. (AMEX: AUG) market cap has remained high, hitting $220.61 Million at the time of writing.

    EMX Royalty Corporation (AMEX: EMX)

    EMX Royalty Corporation (AMEX: EMX) shares headed falling, lower as much as -1.76%. EMX Royalty Corporation (AMEX: EMX) has disclosed that the execution of an exploration and option agreement for the Queensland Gold project in northeastern Australia with Many Peaks Gold Pty Ltd, a private Australian company. It has a total market capitalization of $235.28 million.

    Vale S.A. (NYSE: VALE)

    Vale S.A. (NYSE: VALE) shares were trading up 5.32% at $11.67 at the time of writing on Friday. Vale S.A. (NYSE: VALE) share price went from a low point around $6.49 to briefly over $13.67 in the past 52 weeks, though shares have since pulled back to $11.67. VALE market cap has remained high, hitting $58.13B at the time of writing, giving it a price-to-sales ratio of more than 2.

    If we look at the recent analyst rating VALE, Exane BNP Paribas upgraded coverage on VALE shares with an Outperform rating and a $15.08 price target, which implies room for 3.41% upside momentum this year.

    Great Panther Mining Limited (AMEX: GPL)

    Great Panther Mining Limited (AMEX: GPL) stock soar by 1.74% to $0.98. The most recent rating by ROTH Capital, on August 10, 2017, is at a Buy. Great Panther Mining Limited (GPL) share price went from a low point around $0.23 to briefly over $1.07 in the past 52 weeks, though shares have since pulled back to $0.98. Great Panther Mining Limited market cap has remained high, hitting $343.90 Million at the time of writing.

    PolyMet Mining Corp. (AMEX: PLM)

    PolyMet Mining Corp. (AMEX: PLM) stock soar by 2.63% to $3.51. The most recent rating by H.C. Wainwright, on September 08, 2014, is at a Buy. in the past 52-weeks of trading, PolyMet Mining Corp. (PLM) stock fluctuated between the low of $1.50 and a high of $9.70. It has moved up 134.00% from its 52-weeks low and moved down -63.81% from its 52-weeks high. PolyMet Mining Corp. has a total market capitalization of $342.51 million at the time of writing.

    BHP Group (NYSE: BBL)

    BHP Group (NYSE: BBL) Shares headed rising, higher as much as 3.22%. The most recent rating by JP Morgan, on March 20, 2020, is at an Overweight. BHP Group (BBL) share price went from a low point around $23.64 to briefly over $48.67 in the past 52 weeks, though shares have since pulled back to $44.50. BHP Group market cap has remained high, hitting $126.20 billion at the time of writing.

    Taseko Mines Limited (AMEX: TGB)

    Taseko Mines Limited (AMEX: TGB) last closed at $1.05, in a 52-week range of $0.20 to $1.19. Taseko Mines Limited (TGB) has traded up 425.00% from its 52-weeks low and traded down -11.76% from its 52-weeks high. Looking at its profitability, it has a return on assets of -7.10%, returns on equity of -22.00%, and return on investment of -4.30%. Focusing on its liquidity, it has a current ratio of 1.90. Its market capitalization is $262.30 million.

    SilverCrest Metals Inc. (SILV)

    SilverCrest Metals Inc. (AMEX: SILV) stock drop by -1.24% to $9.54. The most recent rating by B. Riley FBR, on March 03, 2020, is at a Buy. SilverCrest Metals Inc. (SILV) share price went from a low point around $3.28 to briefly over $11.12 in the past 52 weeks, though shares have since pulled back to $9.54. SilverCrest Metals Inc.’s market cap has remained high, hitting $1.29 billion at the time of writing.

    Vedanta Limited (NYSE: VEDL)

    Vedanta Limited (NYSE: VEDL) shares headed rising, higher as much as 2.44%. The most recent rating by JP Morgan, on May 05, 2020, is at a Neutral. Vedanta Limited (VEDL) stock fluctuated between the low of $3.24 and a high of $9.41. It has moved up 120.06% from its 52-weeks low and moved down -24.23% from its 52-weeks high. Vedanta Limited has a total market capitalization of $6.63 Billion at the time of writing.

    Lithium Americas Corp. (NYSE: LAC)

    Lithium Americas Corp. (NYSE: LAC) fall -1.27% after losing more than -$0.09 on Friday. Lithium Americas Corp. (LAC) share price went from a low point around $1.92 to briefly over $9.15 in the past 52 weeks, though shares have since pulled back to $7.01. Lithium Americas Corp. (LAC)’s market cap has remained high, hitting $635.41 Million at the time of writing.

    Western Copper and Gold Corporation (AMEX: WRN)

    Western Copper and Gold Corporation (AMEX: WRN) last closed at $1.38, in a 52-week range of $0.31 to $1.53. Western Copper and Gold Corporation (WRN) has traded up 349.22% from its 52-weeks low and traded down -9.92% from its 52-weeks high.  Its market capitalization is $158.23 million.

    Ferroglobe PLC (NASDAQ: GSM)

    Ferroglobe PLC (NASDAQ: GSM) fall -1.91% after losing more than -$0.01 on Friday. Ferroglobe PLC (GSM) share price went from a low point around $0.35 to briefly over $1.42 in the past 52 weeks, though shares have since pulled back to $0.44. Ferroglobe PLC’s market cap has remained high, hitting $76.10 Million at the time of writing.