Cobalt Market Update: Q1 2018 in Review

Cobalt continued its upward trend during the first quarter of the year, as investors and market participants interest in the battery metal increased. Demand for cobalt, a key metal in lithium-ion batteries used to power electric vehicles (EVs), is expected to surge in the next few years. As a result, the race to secure long-term supplies heated up in Q1 and analysts remain optimistic on the future of the metal. Read on to learn what happened in the cobalt market in Q1 2018, what were the main supply and demand dynamics and what market participants are expecting for the rest of the year. table.inline-text-ad { border-left: none; border-right: none; } .inline-text-ad h1 { font-size: 18px !important; font-weight: bold !important; } .inline-text-ad p { font-size: 1.0rem; } Cobalt Stocks Have Grown 100% in the Past Year Get insights into cobalt’s future in our free report Give me my free report! Cobalt … Continue reading

5 Top Weekly TSX Stocks: First Mining Gold Rises on Exploration Results

Last Friday (April 20), the S&P/TSX Composite Index (INDEXTSI:OSPTX) ended at 804.96, up 2.86 points. Midway through the week, the index hit a four-week high of 15,529.97 points, with its 10 main groups all ending higher. The energy sector rose 3.6 percent, while materials stocks increased by 1.9 percent and the financial sector rose 0.5 percent. During the period, the Bank of Canada announced plans to hold interest rates steady at 1.25 percent. The move was widely expected, and the central bank said that more hikes will be needed over time. table.inline-text-ad { border-left: none; border-right: none; } .inline-text-ad h1 { font-size: 18px !important; font-weight: bold !important; } .inline-text-ad p { font-size: 1.0rem; } 10+ Gold Stocks to Watch Stocks. Expert Insights. Industry Stats. Give me my free report! Against that backdrop, a number of TSX-listed stocks in the mining space experienced share price gains. Last week’s five top gainers are as follows: Tanzanian … Continue reading

5 Top Weekly TSXV Stocks: Evrim Resources Up on Drill Results

Canada’s indexes closed last week fairly flat, with the S&P/TSX Venture Composite Index (INDEXTSI:JX) up 15.86 points, or 0.1 percent, at 15,470.28. Oil prices dipped after US President Donald Trump tweeted about “artificially” high prices from OPEC, but were still in line to end higher than the previous week. Trump gave no indications about what the US might do about oil prices. In Canada, miners saw increases as high as 50 percent. Here are the five biggest gainers last week on the TSXV: Namibia Rare Earths (TSXV:NRE) Evrim Resources (TSXV:EVM) NV Gold (TSXV:NVX) Carmax Mining (TSXV:CUX) Oroco Resource (TSXV:OCO) table.inline-text-ad { border-left: none; border-right: none; } .inline-text-ad h1 { font-size: 18px !important; font-weight: bold !important; } .inline-text-ad p { font-size: 1.0rem; } 10+ Gold Stocks to Watch Stocks. Expert Insights. Industry Stats. Give me my free report! Namibia Rare Earths Investor interest has prompted Namibia Rare Earths to increase a previously announced private placement from a … Continue reading

5 Top Weekly NASDAQ Tech Stocks: Index Dip Continues

The NASDAQ Composite (INDEX NASDAQ:IXIC) started the week at 7,153.87 and over the course of the week went up to 7,313.05 before settling down at 7,160.19 as of 1:36 p.m. EST on Friday (April 20). The NASDAQ 100 Technology Sector (INDEX NASDAQ:NDXT) had a rougher ride, having started the week at 4,197.67 points and increased to 4,289.51 over the course of the week before settling at 4,123.10 as of 1:45 p.m. EST on Friday (April 20). Much of the tech news of the week was focused on ZTE Corp (HK:0763), who was slapped with a U.S. ban valid for seven years. Also in focus was Apple (NASDAQ:AAPL) with many analysts coming out with their estimates of iPhone sales ahead of the company’s earnings report on May 2nd. Apple was down close to four per cent as of 1:46 p.m. EST on Friday. Against that backdrop, a number of micro-cap tech stocks … Continue reading

Big News Roundup: Glacier Lake to Acquire Property in B.C.’s Prolific Golden Triangle; Enforcer Gold’s Drilling on the OR79 Zone Outlines Two Mineralized Corridors; Tartisan Nickel Corp. Expands Land Package at Its Kenbridge Nickel-Copper-Cobalt Deposit

This week the S&P/TSX Composite index (INDEXTSI:OSPTX) saw growth, recovering from the volatility of the previous few weeks. Nearing the end of the week, the markets saw gains in the financial and communications sectors, which offset slumps in the energy sector and an annual inflation rate growth of 2.3 percent. The S&P/TSX Venture Composite Index (INDEXTSI:JX), meanwhile, remained flat this week, providing some stability to what has been a fluctuating marketplace. In case you missed any of our newsletters last week, here is a roundup of big news in the last 5 days: Precious: Enforcer Gold’s Drilling on the OR79 Zone Outlines Two Mineralized Corridors, Montalembert Gold Project Levon Resources Files Updated 2018 Resource and Preliminary Economic Assessment 43-101 Report, Cordero Project, Chihuahua, Mexico Granada Gold Mine Prepares for Trenching and Drilling at Aukeko and Submits Request to Drill Austin Rouyn Asante Gold – Corporate Update Deep-South Resources Closes the Acquisition of … Continue reading

Kalytera Announces Next Payment in Shares under Services Agreement with Salzman Group

Kalytera Therapeutics, Inc. (TSXV:KALY, OTCQB:KALTF) (the “Company” or “Kalytera”) today announced that the Company has elected to issue 772,346 common shares of the Company (“Common Shares”) to The Salzman Group in payment of the most recent invoice issued under the services agreement with The Salzman Group previously announced on December 7, 2017 (the “Agreement”).  Under the Agreement, The Salzman Group provides, among other services, clinical study management services in relation to the Phase 2 study evaluating the use of cannabidiol in the prevention of graft versus host disease. The invoice owing to The Salzman Group is in the amount of US$112,798 (or C$142,497.71 based on the daily average exchange rate for April 19, 2018 published by the Bank of Canada).  The number of Common Shares to be issued is based on a deemed issue price of C$0.1845 per Common Share, being 90% of the closing price of the Common Shares on … Continue reading

Alliance Growers Announces Private Placement

Alliance Growers Corp. (CSE:ACG) (“Alliance Growers” or the “Company”) is pleased to announce a non-brokered private placement of up to 2,500,000 units at a price of $0.30 per unit for gross proceeds of $750,000 and has closed a 496,667 units for gross proceeds of $149,000. Due to the change in market conditions, the Company has adjusted the price of this financing originally announced on January 25, 2018 from $.80 per unit to $0.30 per unit. Each unit in the private placement is comprised of one common share and one transferable share purchase warrant with each transferrable warrant exercisable into one additional common share at a price of $0.40 for a period of three years from the date of issuance. The securities will be subject to a four month plus one day hold period under securities laws. “All of us at Alliance Growers are very excited about the future of our Company,” said … Continue reading

How We Got Here — 2018’s Major Market Catalysts

2018 has already proven to be a rollercoaster year for the major North American indexes. From the new face of the US Federal Reserve stirring things up to a potential trade war between China and the US, the markets have seen their fair share of drama this year. Understandably, many investors and market watchers are wondering what’s to come. While we at Investing News Network can’t answer that, we can give you a rundown of some of the key events that have swayed and affected market prices and volatility so far in 2018. Here’s the full timeline of major market catalysts. table.inline-text-ad { border-left: none; border-right: none; } .inline-text-ad h1 { font-size: 18px !important; font-weight: bold !important; } .inline-text-ad p { font-size: 1.0rem; } Looking for Cannabis Stocks? Read our report to find market data, important news and stocks to watch! Give me my free report! Major market catalysts: January January 4: Dow Jones … Continue reading

Weekly Round-Up: Gold Falls on Higher US Interest Rates Expectations

The gold price found itself in a downward motion for the first time in three-weeks as investors prepared for higher US interest rates and political tensions regarding the Korean Peninsula and Syria eased. As of 8:44 a.m. EST on Friday (April 20), the yellow metal sat at US$1,342.10 per ounce — down 0.24 percent. “We don’t see much fresh buying interest and there is some profit taking. The physical demand is also very weak. The market is not able break above US$1,355, which is acting as a good resistance and causing some long liquidations,” said Peter Fung, head of dealing at Wing Fung Precious Metals in Hong Kong. table.inline-text-ad { border-left: none; border-right: none; } .inline-text-ad h1 { font-size: 18px !important; font-weight: bold !important; } .inline-text-ad p { font-size: 1.0rem; } Find Out How Geopolitics Will Affect Precious Metals in 2018. Download our free report to find out which factors to … Continue reading

Merger of WeedMD and Hiku Set to Create New Cannabis Player

The medical and recreational business of cannabis is coming together with the announcement of a new merger in the industry. On Thursday (April 19) it was revealed Hiku Brands (CSE:HIKU) and WeedMD (TSXV:WMD) would merge all businesses and assets in order to create a vertically integrated company. Continuing the momentum, predicted by experts, of consolidation alongside merger and acquisition deals. The new entity is expected to trade on the TSX Venture Exchange according to the announcement from the two companies. table.inline-text-ad { border-left: none; border-right: none; } .inline-text-ad h1 { font-size: 18px !important; font-weight: bold !important; } .inline-text-ad p { font-size: 1.0rem; } Looking for Cannabis Stocks? Read our report to find market data, important news and stocks to watch! Give me my free report! “Upon completion of the transaction, existing Hiku and WeedMD shareholders will own approximately 51.75 [percent] and 48.25 percent] of the combined company, respectively, on a … Continue reading