Chilean Finance Minister Felipe Larra?-n and his Mining counterpart Baldo Prokurica said today that the government that came to power in March will ensure state copper giant Codelco receives capital incentives so that it can continue to grow.Following Codelco's annual shareholder meeting, Larra?-n and Prokurica said the new capitalization process and the amount that will be provided have to be def...Read More
Stocks can be classified in two ways: cyclical or defensive, depending on how they react to business cycles. You shouldn't invest in only one of these, as cyclical stocks will sometimes outperform defensive stocks, and sometimes the reverse will happen.Let's look at the best moment to invest in cyclical stocks and the best time to pick defensive stocks.Cyclical stocksAs the name suggests, cyclical...Read More
The gold miners' stocks have mostly been consolidating low this year, exacerbating bearish sentiment. Even with gold grinding higher in a solid uptrend and nearing a major upside breakout, the gold stocks just can't get any love. But that may be about to change, with gold and its miners' stocks in the midst of their spring rally. Strong seasonal tailwinds make May one of the best months of the yea...Read More
Even though easing tensions in the Middle East and the diminished threat of a global trade war have caused gold to soften in recent weeks, investors should still consider bolstering their exposure to the yellow metal. Not only is gold still trading above the psychologically important US$1,300-per-ounce mark, but for a millennium or more, it has been considered to be a tangible and portable store o...Read More
Goldcorp Inc. (TSX:G)(NYSE:GG) just reported Q1 2018 results that came in a bit weaker than analysts expected.Let's take a look at the company as well as the broader situation in the gold market to see if Goldcorp deserves to be on your buy list right now.Financial resultsGoldcorp generated Q1 2017 net earnings of US$67 million, or US$0.08 per share, compared to US$170 million, or US$0.20 per shar...Read More
While gold prices are off their highs of the year, the geopolitical climate remains fraught with tension and risk.In the past, gold prices have followed the tried-and-tested pattern of being inversely related to the U.S. dollar, so if the dollar declined, gold went up; if the dollar strengthened, gold went down.In late 2011, gold prices peaked at close to $1,900 per ounce, as the U.S. dollar fell...Read More
Most people start to invest for their retirement many years before it begins, so they can have enough money to live comfortably during their old age. However, if you want to retire rich, you must choose your stocks carefully, as soon as you began to invest to profit from the compounding of returns.I'll suggest three stocks that are undervalued relative to their growth perspectives. The price of th...Read More
Teck Resources Ltd (TSX:TECK.B)(NYSE:TECK) stock reported another strong quarter earlier this week, giving investors much to be excited about.Strong production, lower costs, and strong liquidity characterize the quarter - well, all that has pretty much characterized Teck for some time now.There are many reasons to invest in base metals stocks these days.One is the supply constraints that have resu...Read More
Moneta Porcupine (ME.TO) has released the assay results of an additional 8 holes that were drilled at the South West deposit, which is a part of the Golden Highway project in Ontario. Some of the holes of the current drill program are aimed at extending the total strike length and the depth extension of the mineralized vein structures.The recent assay results have now confirmed the existence of fi...Read More
The Detour Lake Mine in northern Ontario. Source: Detour Gold Corp.Detour Gold Corp. [DGC-TSX] shares took a big drop Friday April 27 as investors reacted to guidance revisions announced in the company's 2018 first quarter results.The shares plunged 28.7% or $4.14 to $10.26 in late morning trading Friday. The volume of 6.65 million shares made Detour Gold the most actively trading stock on the TSX...Read More
Isodiol International Inc. (CSE:ISOL) has been improving revenues over the last three quarters, now at a rate of $2M/monthSmallCapPower | April 27, 2018: Isodiol International Inc. (CSE:ISOL, $0.80) announced on April 26, 2018, that the UK Medicines and Healthcare Products Regulatory Agency (MHRA) has granted government approval to manufacture commercial cannabidiols (CBD) extracted from hemp stra...Read More
Mining activities on the western wall of Pit 3 at the Copper Mountain Mine near Princeton, BC. Source: Copper Mountain Mining Corp.Copper Mountain Mining Corp. [CMMC-TSX; CPPMF-OTC] on Friday April 27 said President and CEO James O'Rourke will be retiring on June 1, 2018. Gil Clausen, currently President and CEO of Brio Gold Inc. [BRIO-TSX], will be his successor in the President and CEO role. Cla...Read More
Berkwood Resources Ltd. (TSXV:BKR), a graphite junior, climbed after announcing that it has intersected what it called "significant intersections" of visual graphiteSean Mason | April 27, 2018 | SmallCapPowerSignificant intersections of visual graphite sent shares of a graphite junior sharply higher Friday. Here's some small stocks making big moves on Friday, April 27, 2018 (as of 4 pm EST):Ber...Read More
SASKATOON - Uranium miner Cameco Corp. reported a profit in its latest quarter compared with a loss a year ago as it was helped by a restructuring of its Kazakh joint venture and higher uranium prices and sales.The Saskatoon-based company says it earned $55 million, or 14 cents per share, for the quarter ended March 31 compared with a loss of $14 million, or five cents per share a year ago.Revenu...Read More
Organigram Holdings Inc. (TSXV:OGI) swung to a profit in its second quarter 2018 on record net salesSmallCapPower | April 27, 2018: Organigram Holdings Inc. (TSXV:OGI), a producer of medical marijuana, posted healthy growth for Q2 2018. The Company's net sales for the three months ended February 28, 2018 were $3.69 million (from 237,650 grams of dried flower and 552,250 ml of oil sold), versus neg...Read More
Get ready for a big price hike at the pump this summer. One that could shatter records... and your checking account.The price of oil is on the rise, nearing a three-year high. And if OPEC gets its way, the price of crude will reach $100 per barrel soon.Oil prices are now over $68 a barrel - that's up 30% in the past six months alone. And after breezing over the $66 level earlier this month, they l...Read More
The Canada-listed marijuana stocks on our list have experienced strong recent returns, defying the sluggish sector performance so far this yearSmallCapPower | April 27, 2018: Most Canadian marijuana stocks have been weak YTD. The Horizons Marijuana Life Sciences index has declined 11% M/M and 24% YTD, and has underperformed the TSX-V, which declined 4% and 10% over the same periods. However, some...Read More
Natcore Technology Inc. (TSXV:NXT) is focused on developing next-generation solar cell technologies that could revolutionize the production of solar cellsSmallCapPower | April 27, 2018: Natcore Technology Inc. (TSXV:NXT) is a development-stage R&D company focused on developing two next-generation solar cell technologies, namely 'Foil Cell technology' and 'Black Silicon'. Natcore's flagship 'Fo...Read More
Busy, busy, busy. It’s easy to get overwhelmed and it’s easy to make excuses for why we aren’t getting anything done. Our jobs demand a lot is us, there’s traffic to fight, and the distractions of TV and Facebook are just a click away. But you have to act in order to move forward. You have to break out the mental bondage of feeling overwhelmed and helpless. To help jumpstar...Read More
Relative Performance of Gold Stocks The quarterly meeting of the Incrementum Fund's Advisory Board took place earlier this month (April 12), and as usual, a special guest was invited to participate. This time we were joined by well-known fund manager John Hathaway (Toqueville Gold Fund). It was a very wide-ranging discussion of the financial markets and the economy, and we hope you will agree with...Read More