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Will U.S. Shale Survive If Oil Hits $40?

Within a month, the U.S. oil benchmark West Texas Intermediate recorded two first-of-a-kind events. First, it fell below zero on April 20. Then, it soared up so high it is about to book its best month ever, CNBC's Pippa Stevens noted in a recent commentary. Still, many ...

White Gold Hits Gold Bigly

I called for a pop in the price of White Gold Corp. (WGO:TSX.V; WHGOF:OTCMKTS) when I wrote about them two weeks ago . We got it. The shares were $0.77 when I wrote and went as high at $0.99 in short order. I compared WGO to Great Bear and in my view stated that I ...

Ardelyx's Shares Soar 65% as Tenapanor Phase 3 Study Hits the Mark

Clinical-stage specialized biopharmaceutical company Ardelyx announced positive results today for its phase 3 AMPLIFY study for tenapanor aimed at improving treatment for cardiorenal diseases. This morning clinical-stage biopharmaceutical developer of medicines for th...

Producer Hits 'Major' Discovery, Target Price Raised

This new finding of SilverCrest Metals and its potential to improve the upcoming project feasibility study are described in a ROTH Capital Partners report. In a Feb. 18 research note, ROTH Capital Partners analyst Jake Sekelsky reported that SilverCrest Met...

Explorer Drills 'High-Grade Hits' in Quebec

A Laurentian Bank Securities report notes Troilus Gold's new drill results from the final holes of its latest drill campaign demonstrate expansion potential. In a May 14 research note, Laurentian Bank Securities analyst Jacques Wortman wrote that new drill results ...

Medtronic Stock Hits All-Time High After Raising 2020 EPS Outlook

Dublin-based Medtronic reported Q1/20 earnings and revised its full-year earnings outlook upward sending shares up more than 5% today. Medical device developer and manufacturer Medtronic Inc. (MDT:NYSE) today announced financial results for its first quarter of fi...

Lion One Hits Bigly

Bob Moriarty of 321gold discusses the implications of the drill results the company released at its gold project in Fiji. When I found out Quinton Hennigh was going to be a geological advisor to Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) back in early 2019, I ...

Fulgent Genetics Hits 52-Week High After Posting 84% Q3 Revenue Increase

Fulgent Genetics shares traded more than 40% higher today after the company reported record revenue in Q3/19. The firm noted that it completed a record 20,697 billable tests in Q3/19, up 272% over the same period last year. After U.S. markets closed yesterday, Temple ...

Gold to Silver Ratio Hits 100!

Gold is testing its previous 2020 highs, but silver plunged anyway, which created a very special situation. Namely, the gold to silver ratio just jumped to the 100 level. This may not seem like a big deal, because ultimately people buy metals, not their ratio, but i...

COVID Hits Mining Companies

Franco-Nevada Corp. (FNV:TSX; FNV:NYSE, US$113.69) , following most of its royalty peers, pulled its guidance for both GEOs (gold-equivalent ounces) and energy. Cobre Panama, which had been ramping up well and accounted for 15–20% of its previous 2020 guidance, has shut d...
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