Cobalt is all the rage this season. We would like to caution against too much exuberance in this week's
Small-cap stocks occasionally get a bad rap from Wall Street and investors. Small-caps, often defined as companies valued at less than $2 billion, are usually thought of as risky and volatile investments. Yet if we look back at 2016, small-cap stocks absolutely mopped the floor at the S&P 500. The Vanguard Small-Cap ETF wound up gaining 16.6% for the year, compared to just a 9.5% gain for the broad-based S&P 500.
In my opinion, the shares of mineral processing companies may be an interesting alternative for precious metals investors.
"...silver ewers, lengths of holland, wheatmeal, tobacco, revolvers...Yet seldom were these articles conveyed home, since, as a rule, the same day saw them lost to some more skilful gambler." - Nikolai Gogol, Dead Souls
With prices rising as much as 21% last August, gold looked like it was bouncing back last year from the slide that it has endured since 2013. Donald Trump's election put an end to that, though -- from the election to the end of December, the price of gold fell nearly 11%.
http://www.Financialbuzz.com - Uncertainty in the global financial market continues to boost gold price in the first month of 2017 as investors considered the precious metal as safe-haven asset. Societe Generale Head of Metals Research Robin Bhar said in a statement, "Trump's stance on trade and protectionism has been well aired and it will always be a key factor. But until we get more clarity on what exactly it means, this should help to underpin gold…This year there are lots of uncertain political events, including elections, so if you looking for a bit of a refuge from stormy seas gold will be one of those safe assets that you would park some money in.
LONDON, UK / ACCESSWIRE / January 19, 2017 / Active Wall St. announces the list of stocks for today's research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Metals & Mining industry. Companies recently under review include Agnico Eagle Mines, Pan American Silver, NovaGold Resources, and Lucara Diamond.
LAKEWOOD, Colo., Jan. 19, 2017 /PRNewswire/ -- Pershing Gold Corporation (NASDAQ: PGLC) (TSX: PGLC) (FWB:7PG1) ("Pershing Gold" or the "Company"), an emerging Nevada gold producer advancing the Relief Canyon Mine, today announced that Jack Perkins ("Perkins"), Pershing Gold's Vice President, Investor Relations, will present the Company at the Vancouver Resource Investment Conference ("the Conference").
Gold traded at $1,202 per ounce on Monday, January 16, 2017. Gold futures for February expiration were almost 0.50% higher than the previous day’s close.
* Gold Resource Corp - acquired 100pct of East Camp Douglas Property from Diversified Inholdings, LLC for US$2 million Source text for Eikon: Further company coverage:
NASHVILLE, TN / ACCESSWIRE / January 18, 2017 / First Colombia Gold Corp. (OTC PINK: FCGD) (http://www.firstcolombiagoldcorp.com) announced today that the company posted record revenues in the second and third quarters of 2016 with a combined total of more than $400,000 in gross revenues in the second and third quarters combined.
COLORADO SPRINGS, CO--(Marketwired - Jan 18, 2017) - Gold Resource Corporation (NYSE MKT: GORO) (the "Company") today announced the purchase of the East Camp Douglas gold property located in Mineral County, Nevada from Diversified Inholdings, LLC. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned $109 million to shareholders in monthly dividends since commercial production commenced July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.
Pan American Silver (PAAS +4.7%) is upgraded to Buy from Hold with a $23 price target, lifted from $18, at TD Securities after reporting preliminary 2016 operating results and offering a bullish three-year outlook.
TORONTO, ONTARIO--(Marketwired - Jan. 17, 2017) - Routemaster Capital Inc. (TSX VENTURE:RM) ("Routemaster" or the "Company") is pleased to announce that it has acquired a limited partnership interest in the amount of USD$100,000 in GF Comstock 2 LP ("GF Comstock"), an affiliate of GF Capital, LLC.
Wall Street's sell-side analysts publish piles of recommendations on which stocks to buy, sell, or hold every day.
Coeur Mining Inc. (NYSE:CDE) has been working hard to become a more profitable and efficient company. There are a lot of reasons to like the investment opportunity this silver and gold miner might present in the future. However, it's not appropriate for everyone looking at the precious metals industry. Here are three reasons why you might not want to buy Coeur.
VANCOUVER, BC / ACCESSWIRE / January 17, 2017 / Arctic Star Exploration Corp, (TSX-V: ADD) ("Arctic Star" or the "Company") is pleased to report that it has begun permitting for a drill program on the company's wholly owned CAP Property, which is located approximately 80 km northwest of Prince George, British Columbia.