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Buzz on the Bullboards: Much-needed good news

It has been a week of good news for investors. The Bank of Canada kept interest rates on hold at 4.50 per cent, becoming the first major central bank to suspend its campaign against rising inflation. Although it has been a volatile season and the TSX sustained lo...

Weimar Fed in the Twenty-First Century

I was pacing around the house this lovely but cold Friday afternoon (after finally having the water supply restored after our well filed for unemployment benefits), trying desperately to think of a topic to write about in this weekly missive, when it suddenly occurred t...

Gold Producer Boosts 2019 Production Guidance After Resource Update

The new resource numbers and expectations for 2019 are summarized in a CIBC report. In a Feb. 21 research note, Cosmos Chiu reported Kirkland Lake Gold Inc. (KL:TSX; KL:NYSE) released a company-wide resource update, in which total reserves expanded 24% to 5.75 million...

Target Price Lowered on Goldcorp to Reflect Updated Model

A CIBC report itemized the revisions and noted their cumulative impact. In a March 11 research note, analyst Anita Soni reported that CIBC lowered its price target on Goldcorp Inc. (G:TSX; GG:NYSE) to US$12 per share from US$12.50 (current share price is about US$10.9...

British Columbia Copper-Gold Miner Upgraded on Asset Sale News

A CIBC report discussed the pros and cons of the transaction. In a March 12 research note, CIBC analyst Oscar Cabrera reported that Imperial Metals Corp. (III:TSX) agreed to sell 70% of its flagship Red Chris mine in British Columbia to Newcrest Mining Ltd. (NCM:ASX)...

Renewable Energy Firm to Divest Noncore Assets in Beneficial Deal

The advantages of the transaction to this Canadian company are discussed in a CIBC report. In a March 25 research note, CIBC analyst Mark Jarvi reported that Innergex Renewable Energy Inc. (INE:TSX) agreed to sell its Iceland assets, held through a 53.9% interest in H...

Coverage Initiated on 'Almost Famous' Energy Firm with Thermal Oil, Natural Gas Assets

Coverage Initiated on 'Almost Famous' Energy Firm with Thermal Oil, Natural Gas Assets Source: Streetwise Reports 04/18/2019 The reasons why this stock is attractive now are presented in a CIBC report. In an April 16 research note, analyst Trevor Bollan...

Target Price Raised on Base Metals Firm with Key Near-Term Catalysts

The company's Manitoba assets were discussed in a CIBC report. In an April 18 research note, analyst Oscar Cabrera reported that CIBC raised its target price on HudBay Minerals Inc. (HBM:TSX; HBM:NYSE) to CA$10.50 per share from CA$9.50 following a management-led...

Immuno-oncology Firm to Co-Develop Companion Diagnostic for Cervical Dysplasia

The partnership news and upcoming data readouts are reviewed in an H.C. Wainwright & Co. report. In a May 17 report, H.C. Wainwright & Co. analyst Ram Selvaraju reported that Inovio Pharmaceuticals Inc. (INO:NASDAQ) will collaborate with QIAGEN, a molecula...

Analyst: U.S. Miner's 'Nevada Guidance Lowered, Longer-Term Outlook Unclear'

The company's cost cutting efforts are addressed in a CIBC report. In a June 6 research note, CIBC analyst Cosmos Chiu reported that Hecla Mining Co. (HL:NYSE) lowered 2019 guidance for its Nevada assets "but offered few insights into a longer-term sol...
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