TSX Venture drops, June 1-5
The S&P/TSX Venture Composite Index succumbed to falling commodity futures and global macroeconomic uncertainty during the trading period, dropping 2.60 points before closing at 689.85 points.
Stock Markets/Investing
Turquoise Hill on the rise after clearing hurdles
VANCOUVER — Copper-gold producer Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) has been on a strong run over the past eight weeks after promising press releases for its large-scale Oyu Tolgoi mine, 550 km south of Ulaanbaatar, Mongolia.
TSX slides, June 1-5
Canada’s benchmark stock index fell below 15,000 for the first time since mid-May, driven lower by concerns about how the Greek debt crisis will affect the eurozone, and strong jobs data in the U.S. that has caused many to believe the Fed…
Short Position Report
TSX Short Positions Short positions outstanding at May 31/15 (with changes from May…
US stocks end lower, May 25-29
Uncertainty over Greece’s debt talks and a first-quarter contraction in the U.S. economy pushed stock indexes lower. Markets closed for the Memorial Day holiday, but when they reopened, the Dow Jones Industrial Average dropped 1.2% to…
TSX Venture drops, May 25-29
The S&P/TSX Venture Composite Index lost ground, dropping 1.6%, or 11.03 points, before finishing at 692.45 points. The performance followed poor first-quarter results from the U.S. and Canadian economies, which both contracted over the…
Franco-Nevada sees opportunities amidst oil and gas slump
VANCOUVER — Royalty and streaming outfit Franco-Nevada (TSX: FNV; NYSE: FNV) is a money-maker, and it has seen big success through gold and platinum group metal investments.
U.S. stocks end mixed, May 18-22
Wall Street closed mixed ahead of the Memorial Day holiday, as the Federal Reserve said it would likely raise interest rates this year, if the economy continued to improve. The Dow Jones Industrial Average dipped 0.2% to 18,232.02, while the…
TSX Venture closes above 700, May 19-22
The S&P/TSX Venture Composite Index registered gains during the shortened period, as it jumped 1.2%, or 8.17 points, before finishing at 703.48 points.
TSX ekes out small gain, May 19-22
Statistics Canada reported higher demand for cars, food and alcohol, which drove up retail sales 0.7% in March, after a 1.5% gain in February. Markets were closed May 18 to celebrate Victoria Day, but when they reopened, Canada’s main…
Short Position Report
Short positions outstanding at May 15/15 (with changes from April 30/15).
Newmarket Gold’s dream team aims to consolidate industry
VANCOUVER — If past success is an indicator for future prosperity, Newmarket Gold (TSXV: NGN) could very well be on its way to the top. The company’s board and management roster includes a variety of industry heavy hitters with…