Key News Overnight: Wall Street’s benchmarks finished up on Tuesday, recouping some of the previous session’s losses, as investors bought back in to technology stocks and investors shifted their focus to upcoming inflation data and the start of third-quarter earnings season. In this issue: Sandfire Resources (SFR) | Move to net cash achievable in 2025 | BUYRead more
Key News Overnight: Wall Street’s three major indexes closed down around 1% on Monday while Treasury yields rose, as traders tamped down bets for Federal Reserve interest-rate easing and worried about the Middle East conflict’s impact on oil prices. In this issue: Gold Sector Review – Gold price marching towards US$3,000/oz | Key Picks –Read more
Key News Overnight: A high-stakes corporate earnings season kicks into gear next week, with bullish investors hoping results will justify increasingly rich valuations in a U.S. stock market near record highs. In this issue: NRW Holdings (NWH) | Freeway project incident | BUY | Analyst | Ian Christie Qoria (QOR) | Completes acquisition and placementRead more
Key News Overnight: U.S. stocks finished lower on Thursday ahead of Friday’s monthly U.S. payrolls report and as investors kept a watchful eye on the growing conflict in the Middle East. In this issue: Pilbara Minerals (PLS) | Site Tour: Debottlenecking via ore sorting | BUY | Analyst | Hayden Bairstow New World Resources (NWC) | Key permittingRead more
Key News Overnight: The S&P 500 ended little changed on Wednesday, with technology shares gaining but investors nervous about Middle East tensions and more U.S. labor data due this week. In this issue: Macmahon (MAH) | Decmil contract | BUY | Analyst | Ian Christie Lefroy Exploration (LEX) | Updated Burns MRE | Not CoveredRead more
Key News Overnight: The S&P 500 sputtered to a record high close on Monday, rebounding from a brief setback after Federal Reserve Chair Jerome Powell said the U.S. central bank is in no hurry to implement further interest rate cuts. In this issue: Qoria (QOR) – Cap raise and OBI acquisition | HOLD | Analyst |Read more
Key News Overnight: Investor hopes for a soft landing for the U.S. economy will be put to the test next week, as the government releases closely watched labor market data following a series of disappointing jobs reports. In this issue: Liontown Resources (LTR) | First Take – Maiden spodumene shipment | BUY | Analyst | Hayden BairstowRead more
Key News Overnight: The S&P 500 scored a record closing high and the Dow and Nasdaq rose on Thursday, as Micron Technology shares rallied and a strong U.S. jobless claims report eased labor market concerns. In this issue: Turaco Gold (TCG) | Afema Gold Project – Initiating coverage | SPEC BUY | Analyst | Patrick Streater FirstRead more
Key News Overnight: The Dow Jones Industrial Average and S&P 500 closed lower on Wednesday, pulling back from recent record highs driven by China’s sweeping stimulus package, as investors awaited economic indicators and signals on upcoming interest rate cuts. In this issue: Spartan Resources (SPR) | Drill drive milestone | HOLD | Analyst | Patrick Streater Austal (ASB)Read more
Key News Overnight: The S&P 500 and Dow ended at record highs on Tuesday, shrugging off weak consumer confidence data, as mining stocks surged following China’s announcement of a sweeping stimulus package. In this issue: Denver Gold Forum | Prices more buoyant than the producers | Analyst | Hayden Bairstow Patriot Battery Metals (PMT AU / PMET CN)Read more
