MAG Silver Corp. has announced production totals from the fourth quarter and 2023 for its new Juanicipio mill in Mexico. Find out why one analyst is "impressed" by its performance.MAG Silver Corp. (MAG:TSX; MAG:NYSE American) has announced production totals from the fourth quarter and 2023 for its new Juanicipio mill in Mexico, which reached nameplate status during Q3.Juanicipio processed 346,766...Read More
The quarterly operational results overall, all from the firm's joint venture mine in Mexico, were in line with forecasts, noted a BMO Capital Markets report.Production at MAG's Silver Corp. (MAG:TSX; MAG:NYSE American) joint venture Juanicipio project with Fresnillo in Q4/23 met the expectations of BMO Capital Markets, analyst Kevin O'Halloran reported in a January 24 research note."Throughput con...Read More
LONDON, 30 January 2024 - Analysis from BullionVault of how China's world-leading gold demand is impacting global gold prices is posted today by Aktien Check, Gemany's leading publisher of financial data and regulatory documents for the financial markets.Read the full story, in German, at Aktien Check here:Chinas Goldrausch 2024: Starker Start ins Jahr des Drachen beeinflusst den Preis f?r westlic...Read More
One of the companies behind this project, now offering a 105% return on investment, is poised for a rerating, noted a Roth MKM report.MAG Silver Corp.'s (MAG:TSX; MAG:NYSE American) Q4/23 production results slightly missed Roth MKM forecasts, but other factors made up for it, analyst Joe Reagor reported in a January 24 research note."While Q4/23 production was somewhat below our estimates, this wa...Read More
Michael Ballanger of GGM Advisory Inc. takes a current look at the state of the stock market and shares some stocks he has been keeping an eye onThere are many famous quotes passed down over the years by hundreds of investment gurus and while I think that reprinting witticisms conjured up by self-anointed messiahs is disingenuous at best, I use them as a token of respect for the author. I love to...Read More
Idaho Strategic Resources Inc. saw record gold production in 2023, according to a Roth MKM research note.In a January 29, 2024 research note, Roth MKM analyst Mike Niehuser reiterated a Buy rating on Idaho Strategic Resources Inc. (IDR:NYSEAMERICAN) with a US$9 price target. The Idaho-based mining company has seen record gold production at its Golden Chest Mine while advancing rare earth elements...Read More
Chris Temple of The National Investor shares why he believes Seabridge Gold Inc. is one to watch. If you are bullish on the future prospects of copper and gold (and somewhat different drivers are uniquely behind each, as I'll be explaining further in the coming days), then there's no way you can't be as table-pounding bullish as I am on Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT).And you'll underst...Read More
Technical Analyst Clive Maund takes a look at Defense Metals Corp.'s 5-year, 15-month, 4-month, and 2-month charts to explain why he believes it is an Immediate Speculative Buy.Given the excellent and improving fundamentals for Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE), it is rather surprising that its stock is not already a lot higher than it is. The core of the story is that the co...Read More
Technical Analyst Clive Maund takes a look at Soma Gold Corp.'s 6-year, 18-month, and 6-month charts to explain where he believes it is headed. With its gold production set to ramp up substantially this year and in years to come so that increasing revenues rapidly reduce outstanding debt, the outlook for Soma Gold Corp. (SOMA:TSX; SMAGF:OTCMKTS) could scarcely be brighter. With AISC (all-in sustai...Read More
Three U.S. military personnel were tragically killed and at least 34 wounded, some seriously, over the weekend in what the U.S. government claimed was a drone attack in northern Jordan. There’s some doubt about whether it was a drone because 37 casualties is a large number for a drone attack. A larger missile is a possibility. There’s also some doubt about the reported Jordanian locati...Read More
As Donald Trump consolidates his election mojo defying the forces arrayed to destroy him and more of the country turns against the creepy apparition in the White House purportedly running against him, you hear evermore chatter that a panicked Democratic Party will insert Michelle Obama in a last-minute convention switcheroo next August.The explications I hear in the chat media all sound lame o...Read More
The combination of supports and acandlestick formation encouraged the bulls to fight.How high could stock go?Last week turned out to be a breakthroughfor the bulls. They managed to maintain important support, which attractedbuyers to the trading floor and resulted in further positive technical changes.How high can the bulls climb in the following days? You will find the answer tothis question in t...Read More
Technical Analyst Clive Maund takes a look at Soma Gold Corp.'s 6-year, 18-month, and 6-month charts to explain where he believes it is headed. With its gold production set to ramp up substantially this year and in years to come so that increasing revenues rapidly reduce outstanding debt, the outlook for Soma Gold Corp. (SOMA:TSX; SMAGF:OTCMKTS) could scarcely be brighter. With AISC (all-in sustai...Read More
The combination of supports and acandlestick formation encouraged the bulls to fight.How high could stock go?Last week turned out to be a breakthroughfor the bulls. They managed to maintain important support, which attractedbuyers to the trading floor and resulted in further positive technical changes.How high can the bulls climb in the following days? You will find the answer tothis question in t...Read More
The combination of supports and acandlestick formation encouraged the bulls to fight.How high could stock go?Last week turned out to be a breakthroughfor the bulls. They managed to maintain important support, which attractedbuyers to the trading floor and resulted in further positive technical changes.How high can the bulls climb in the following days? You will find the answer tothis question in t...Read More
Silver is underpriced.In other words, silver is on sale.The current gold-to-silver ratio reveals this.This ratio tells you how many ounces of silver it takes to buy one ounce of gold. Or to put it another way, the gold:silver ratio tells you the price of gold in silver. In general, the ratio tends to narrow as a precious metals bull market unfolds.In other words, silver outperforms gold.The opposi...Read More
The combination of supports and acandlestick formation encouraged the bulls to fight.How high could stock go?Last week turned out to be a breakthroughfor the bulls. They managed to maintain important support, which attractedbuyers to the trading floor and resulted in further positive technical changes.How high can the bulls climb in the following days? You will find the answer tothis question in t...Read More
For the second quarter in a row, this joint venture project met or exceeded production estimates, noted a PI Financial report.MAG Silver Corp. (MAG:TSX; MAG:NYSE American) released Q4/23 operating results from Juanicipio, its joint venture (JV) project with Fresnillo in Mexico, which were in line with PI Financial's estimates, analyst Chris Thompson reported in a January 24 research note."We remai...Read More
Silver is underpriced.In other words, silver is on sale.The current gold-to-silver ratio reveals this.This ratio tells you how many ounces of silver it takes to buy one ounce of gold. Or to put it another way, the gold:silver ratio tells you the price of gold in silver. In general, the ratio tends to narrow as a precious metals bull market unfolds.In other words, silver outperforms gold.The opposi...Read More