Author

admin

Browsing

An “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC on Friday.

That volume would mark the best box office haul for the company, which specializes in high-resolution cameras, film formats, projectors and theaters.

“I think it’s going to be a very strong year,” Gelfond said in an interview with CNBC’s “Squawk on the Street.” “The first thing that drives that is the slate.”

Gelfond pointed to several blockbuster titles slated for release in the next 10 months, including a new “Mission Impossible,” a live-action “How to Train Your Dragon” film, another “Jurassic Park” installment, a sequel to “Zootopia” and a third “Avatar” release.

Hollywood production issues led to fewer theatrical releases and smaller ticket sales in 2024, with box office receipts down 3.4% from 2023 to $8.74 billion. Already, the 2025 slate appears more robust, with more titles and bigger franchise films.

Aiding IMAX’s lofty box office goals is the Chinese title “Ne Zha 2,” which has already garnered $1.6 billion globally. It is the first film to have topped $1 billion in a single country. Gelfond noted that IMAX accounted for $135 million of the film’s total box office.

“We’ve done more box office in China in the first six weeks of this year than we did the whole year last year,” he said.

He added that “Ne Zha 2” is doing “like $100 million a day,” and that IMAX has accounted for around 13% of the film’s box office receipts.

Disclosure: Comcast is the parent company of NBCUniversal and CNBC. NBCUniversal is the distributor of “How to Train Your Dragon” and “Jurassic World Rebirth.”

This post appeared first on NBC NEWS

Disappointing guidance from Walmart (WMT) may have hurt the stock market on Thursday sending the broader indexes lower. But something is churning beneath the surface you don’t want to miss.

There’s a group of stocks that are showing signs of revival after a long period of going nowhere. The industry is close to your heart but the stocks that are gaining ground may surprise you.

Don’t Pass On the Chips

Semiconductor stocks have been on a long sideways trip since mid-October, but that may be coming to an end (see chart below). You can see the semis tried to break out of the sideways range but failed to stay above the range. You can thank DeepSeek for the late January gap down. SMH is now approaching the top of the range again and here’s what’s interesting— it’s not your NVIDIAs, Taiwan Semiconductors, or Broadcoms that are taking the lead in this industry group.

FIGURE 1. DAILY CHART OF THE VANECK VECTORS SEMICONDUCTOR ETF (SMH). Semiconductors have been in a long sideways move since early October 2024. They’ve moved above their trading range a few times but retreated to their sideways range. Chart source: StockCharts.com. For educational purposes.

Since mid-February, the VanEck Semiconductor ETF (SMH) has outperformed the Nasdaq Composite ($COMPQ) by a modest amount. This should be an alert that something is brewing beneath the surface and screams for a deeper dive.

A closer look at the five-day performance of the Semiconductor industry in the StockCharts MarketCarpets shows that the most heavily weighted stock, NVIDIA Corp. (NVDA), gained 6.84%. However, the top three stocks in terms of performance—Wolfspeed (WOLF), Adeia (ADEA), and Peraso (PRSO)—are less weighted stocks and not necessarily household semiconductor names. Seeing these stocks come out of their slump is encouraging. 

FIGURE 2. STOCKCHARTS MARKET CARPETS FOR SEMICONDUCTORS. Here, you see the five-day performance of the semiconductor stocks. The table on the right lists the stocks sorted by percentage gain. Image source: StockCharts.com. For educational purposes.

Wolfspeed In the Lead

Let’s look at WOLF’s daily chart. The stock has gained 45.53% in the last five trading days, broke above its 50-day simple moving average (SMA), and is above the upper Bollinger Band®. Trading volume has picked up in the last four months. 

FIGURE 3. DAILY CHART OF WOLFSPEED. The stock price has broken above its 50-day SMA and upper Bollinger Band on higher-than-average volume. Chart source: StockCharts.com. For educational purposes.

The price action in WOLF isn’t flashing a buy signal. An uptrend needs to be established as does accumulation. Ideally, you want to see this stock trade above its 200-day SMA. This could take some time but if it does happen, I would add my decision indicators such as the StockCharts Technical Rank and relative strength index (RSI) to confirm the technical strength and momentum in the stock. Once these indicators signal an uptrend is in full swing, I wouldn’t hesitate to open a long position in WOLF.

Adeia Is a Close Second

ADEA, which gained 32.10% in the last five trading days, made a much more aggressive move (see chart below). The stock price hit an all-time high, is trading well above its 50-day SMA, and volume spiked in the last two trading days. The price move had to do with Adeia’s strong Q4 earnings report.

FIGURE 4. DAILY CHART OF ADEA. The stock price gapped higher on a strong earnings report. A high SCTR score makes this an attractive stock to consider adding to your portfolio and the RSI shows strong momentum. Chart source: StockCharts.com. For educational purposes.

A SCTR score greater than 90 indicates the stock is technically strong and an RSI of 83.10 indicates the stock has momentum. However, given the parabolic move, the stock price is likely to pull back. I would consider the December 16 closing price of around $14.50 to be the first support level. It could break below this price and fade the gap. I’d monitor this chart closely for a “buy the dip” opportunity. A reversal after a pullback with follow-through to the upside would be an ideal entry point for ADEA. 

I didn’t find the PRSO chart interesting so will not add it to my StockCharts ChartLists. 

Chips Ahoy!

If WOLF and ADEA don’t meet your investing criteria, feel free to go through the table in the MarketCarpet and analyze more charts on the list. You’re bound to find stocks that are within your comfort zone. There’s no end to the number of stocks you can identify with the  MarketCarpet and other StockCharts tools.


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

There’s been a lot of wild speculation surrounding gold’s bullish run. When you consider a gold investment, you’re likely to think of the more common factors that come into play: inflation, geopolitical uncertainty, and central bank demand. 

But there’s more to the mix now, especially in light of the Trump administration’s latest initiatives and policies. These new developments are spurring speculations that are likely to change the context surrounding how investors view gold. Here are a few key things to think about:

  • Around 12.5 million ounces of gold have been imported into the US since last November.
  • President Trump announced a possible audit of Fort Knox gold reserves which hasn’t been done since the early 1970s (is it all still there?).
  • The US government’s gold valuations remain at an outdated $42.22 an ounce.

The big rumor (keyword: rumor) is that gold is due for a revaluation. Will Trump use the revaluation to boost the value of the Treasury’s holdings, possibly paying down the national debt? Will his administration attempt a partial return to the gold standard? Will the gold be used to counter China’s reported attempt at launching a gold-backed currency to challenge the US dollar? 

Whatever the case may be, a full revaluation is likely to drive bullish sentiment in gold, sending prices higher. If the government sells gold to weaken the dollar, you can expect some short-term price dips before a rebound. And if, by any chance, the Fort Knox audit reveals a shortfall, then that’s bad news for the economy and markets but good news for gold, which will likely send prices skyrocketing.

To get some near-term context, let’s see how gold has been performing over the last year relative to silver, commodities in general, and the S&P 500.  

FIGURE 1. PERFCHARTS OF GOLD, SILVER, COMMODITIES MARKETS, AND THE S&P 500. Gold and silver outperformed both the broader stock and commodities markets over the past year. Chart source: StockCharts.com. For educational purposes.

It turns out that both gold and silver have been outperforming the broader equities and commodities markets.

Let’s take a long-term view of gold. Below is a weekly chart

FIGURE 2. WEEKLY CHART OF GOLD FUTURES. There are no signs of topping yet, though its ascent has grown increasingly steep. Chart source: StockCharts.com. For educational purposes.

If volume precedes price, then accumulation, as shown by the Accumulation/Distribution Line (ADL) on the chart, has stayed well ahead of it for a little over three years. Momentum-wise, the Relative Strength Index (RSI) may be registering as “overbought” but the reliability of this indicator in the current environment is anyone’s guess.

Trump’s policy blitz is transforming the political and economic landscape, and it brings certain shocks that can make technical and fundamental analysis more fluid. For now, there are no clear signs of topping, which makes it difficult for anyone interested in finding an entry point. So, let’s zoom in on a daily chart.

FIGURE 3. DAILY CHART OF GOLD. There are still no signs of a top except for the declining buying pressure indicated by the Chaikin Money Flow indicator. Chart source: StockCharts.com. For educational purposes.

There are still no clear signs of near-term weakness, aside from a slight drop in buying pressure indicated by the Chaikin Money Flow (CMF). If gold pulls back, the $2,900 high will likely serve as the first support level. Additional support zones, marked by the magenta lines, align with key swing highs and lows based on the Zig Zag lines.

The final three levels define a broad trading range and coincide with the Volume by Price indicator, highlighting areas of concentrated trading activity where support is most likely to hold. If prices retreat, these levels will be crucial to watch for a potential rebound. So, right now, it’s a matter of waiting for a pullback.

Silver is another asset that has outperformed commodities and the broader market. Might the grey metal present a tradable opportunity? Below is a daily chart to consider.

FIGURE 4. DAILY CHART OF SILVER. The grey metal has room to run but watch your entry point. Chart source: StockCharts.com. For educational purposes.

The RSI indicates that silver has more upside to go before reaching an overbought level. Note the relative performance window that I plotted in a manner that replicates the well-known gold/silver ratio (lower panel) . 

Historically, this ratio has averaged around 65:1 since the 1970s, meaning it typically takes 65 ounces of silver to equal the value of one ounce of gold. Note that every time the ratio reaches the 90-line silver tends to rally. 

Silver is currently rallying, but is another entry point on the horizon? Possibly, but patience is key. This relative performance setup highlights the value of the gold/silver ratio in identifying potential silver entry points, whether for short-term trades or long-term positions.

At the Close

Monitor “spot” $GOLD and $SILVER by adding them to your ChartLists. However, you may be interested in entering trades using their ETF equivalents in GLD and SLV. The prices will differ from their spot price, but the chart patterns that define your entry will be highly correlated, given a few slight adjustments.


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

The market declined heavily on Friday likely setting up for more downside ahead. We had already begun to notice that mega-cap stocks were beginning to weaken. You can see this on the relative strength line of the SPY versus equal-weight RSP. The relative strength line has been in decline. You’ll notice that when the mega-caps underperform, the market tends to as well.

A look at the Magnificent Seven ETF (MAGS) has been showing a declining trend all year long. We have flat bottoms and a declining tops trendline and that forms a bearish descending triangle. Not only is the chart pattern unfavorable, but so are the indicators. The RSI is now in negative territory and the Price Momentum Oscillator (PMO) has topped beneath its signal line. Stochastics also look terrible as they decline in negative territory below net neutral (50). Relative strength against the SPY is also in decline.

Conclusion: The market is already in decline and it doesn’t appear there will be any help by the mega-caps, particularly the Magnificent Seven which are in decline overall based on MAGS ETF. The market struggles when these big guys don’t perform so we have downside pressure to add to an already weak looking SPY.


The DP Alert: Your First Stop to a Great Trade!

Before you trade any stock or ETF, you need to know the trend and condition of the market. The DP Alert gives you all you need to know with an executive summary of the market’s current trend and condition. It not only covers the market! We look at Bitcoin, Yields, Bonds, Gold, the Dollar, Gold Miners and Crude Oil! Only $50/month! Or, use our free trial to try it out for two weeks using coupon code: DPTRIAL2. Click HERE to subscribe NOW!


Learn more about DecisionPoint.com:


Watch the latest episode of the DecisionPointTrading Room on DP’s YouTube channel here!


Try us out for two weeks with a trial subscription!

Use coupon code: DPTRIAL2 Subscribe HERE!


Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin


(c) Copyright 2025 DecisionPoint.com


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.


Helpful DecisionPoint Links:

Trend Models

Price Momentum Oscillator (PMO)

On Balance Volume

Swenlin Trading Oscillators (STO-B and STO-V)

ITBM and ITVM

SCTR Ranking

Bear Market Rules


With the market selling off into the close today, it’s too early to write my usual “best five sectors” article. The risk of ranking changes is too high. I will make sure that an update will be posted before the markets open on Monday.

Instead, I want to build on this week’s RRG video analysis, where I examined the current strength of commodities and looked at growth, value, and size rotation.

You can see that video here.

Rotation Signals Commodities Springing Back to Life!

The synopsis of that analysis? Large-cap growth stocks are once again the preferred segment of the market. This underscores what’s happening right now — when the market is under pressure, investors usually flock to large-cap stocks. They’re familiar and supposedly less risky.

Cap-weighted vs Equal weight Sectors

Let’s dive deeper by comparing cap-weighted sectors with their equal-weighted counterparts. The two RRGs above illustrate these relationships. At first glance, most tails move in similar directions, though not necessarily in the same areas or quadrants. However, two sectors stand out in terms of divergent behavior: Staples and Financials.

RSPS (equal-weight Staples) has a short, southward-pointing tail inside the improving quadrant. On the other hand, XLP (cap-weighted Staples) is in the lagging quadrant but is picking up steam. For Financials, RSPF (equal-weight) weakens with a negative heading, while XLF (cap-weighted) rotates back towards the leading quadrant.

Cap-weighted vs Equal weight sectors on RRG

To simplify this analysis, I’ve created an RRG directly comparing cap-weighted to equal-weighted ETFs. This makes the trends crystal clear — cap-weighted sectors (dominated by large caps) are mostly moving with positive headings on the left side of the graph, either lagging or improving.

As our inputs are already ratios, we only want to know if that ratio is improving or deteriorating, so we use $one as the benchmark.

The Exceptions

There are a few notable exceptions to this trend:

Consumer Discretionary: A long tail moving from leading into weakening indicating.

Communication Services: Inside the leading quadrant but rolling over.

Technology: Just moved from leading to weakening.

For all three sectors, the dominant position of the larger names (mega caps) is fading and sector breadth is expanding.

These exceptions are particularly interesting because they represent some of the largest sectors in the market.

Large Cap vs Small Cap

Large- vs Small-Cap comparison on RRG

A similar exercise comparing large-cap and small-cap sectors reinforces the overall trend—large caps are generally outperforming. This comparison is even clearer, as these are real market CAO comparisons. In the first comparison above, there is only a weighting difference; all the stocks in these sectors are the same.

In this comparison, the constituents for the sectors are not the same, and they show the true difference between large- and small-cap stocks.

The only sector where small caps are about to take over is in Consumer Discretionary where we see a tail moving from leading towards, and almost crossing over into, weakening.

This aligns with the risk-off sentiment we’re seeing in the broader market.

S&P 500 Chart Analysis

To summarize, let’s examine the SPY chart. After hovering around this level for a few days, the market has tried—and failed—to break above 610 decisively. Friday saw a big down day, closing below the rising support line. This suggests more weakness ahead and underscores the expectation that the S&P 500 needs time to digest within a trading range.

What does that range look like? In my opinion, we’re probably looking at a lower boundary between 580 and 585 and an upper boundary between 610 and 615. The weekly chart still shows an intact uptrend, but it’s clear we need some sideways or corrective price action to digest the gains of the last year (or year and a half, depending on where you anchor the rally’s start).

The Big Picture

All in all, the overall uptrend in the S&P 500 remains intact. However, we need a bit more sideways or corrective price action to digest recent gains. Large caps generally outperform, with some interesting exceptions in mega-cap-dominated sectors.

As always in markets, it’s all relative — and right now, the relative strength favors the big boys.

#StayAlert and have a great weekend. –Julius

Targeting high-demand copper-gold projects, Metal Bank (ASX:MBK) offers a compelling investment opportunity by exploring assets in Australia, Saudi Arabia and Jordan. The company focuses on optimizing and divesting the Livingstone gold project to generate capital for expanding its copper projects in the Middle East. Metal Bank’s strong regional presence, particularly in Saudi Arabia and Jordan, is underpinned by deep industry relationships and extensive operating experience.

The company is securing copper and other critical minerals projects in Saudi Arabia, through its joint venture company, Consolidated Mining Company (CMC). CMC is 60 percent owned by MBK and 40 percent by Central Mining Holding Company. Its first project, Wadi Al Junah, has been awarded exploration licences in November 2024.

Wadi Al Junah is a joint venture through Consolidated Mining Company (CMC, MBK 60 percent). Exploration activities include regional geochemical surveys, surface mapping, and shear-zone anomaly identification. Phase 1 drilling is planned for Q2 2025.

Company Highlights

  • Strategically focused on copper exploration and development, leveraging extensive experience and partnerships in the MENA region. Aiming for long-term growth from copper assets.
  • Focused on the Livingstone gold project divestment, with ongoing JORC resource optimization, and strong corporate acquisition interest. If divested, proceeds are earmarked to fast-track exploration on the company’s copper projects.
  • Expanding in Saudi Arabia by progressing the Wadi Al Junah copper project through a joint venture with Central Mining Holding Company.
  • Disciplined capital allocation approach focused on low overheads and in-ground exploration investment.
  • The company’s leadership team brings a proven track record in Saudi Arabia and Australia of exploration success and project execution, positioning the company for long-term value creation in the critical minerals market.

This Metal Bank profile is part of a paid investor education campaign.*

Click here to connect with Metal Bank (ASX:MBK) to receive an Investor Presentation

This post appeared first on investingnews.com

Nuvau Minerals Inc. (TSXV: NMC) (‘Nuvau’ or the ‘Company’) is pleased to announce that the Company will be participating in two conferences over the next month: the BMO Global Metals, Mining, and Critical Metals Conference and the Prospectors and Developers of Canada Conference (PDAC). The focus at both will be meeting with existing shareholders and new investors to talk about progress at Nuvau’s Matagami Project in Québec.

‘Nuvau is participating in these conferences to share our story with a broader audience,’ said Peter van Alphen, the Company’s Chief Executive Officer. ‘We are looking forward to providing current and new investors with a deeper insight into the Matagami opportunity, including the exploration potential for base metals and gold on this large land package in the Northern Abitibi, as well as the rare opportunity to bring this property back into production in the near term. If you are attending either of these events, please schedule a one-on-one meeting with us or stop at our booth to speak with our team.’

  • 34th Annual BMO Global Metals, Mining, and Critical Metals Conference
    Peter van Alphen, CEO, and Steve Filipovic, CFO, will attend the BMO Conference in Florida from February 23-26, 2025, to participate in one-on-one meetings with some of our existing investors as well as new potential investors.
  • PDAC 2025
    The Nuvau team will be at Booth 2349 of the Investors Exchange on Sunday, March 2 to Wednesday, March 5. Nuvau again will use this event to meet with new and current investors to introduce the company and provide an update on current activities.

    Peter van Alphen will be presenting at the Québec Day, hosted by the Québec Ministry of Natural Resources and Forests. The presentation will take place on Tuesday, March 4 at 2:35 ET in room 206D in the North Building.

The Matagami Opportunity
The Matagami Mining Camp represents a compelling investment opportunity. Located in the northern Abitibi Greenstone belt in the province of Québec, the Matagami property is in the heart of a region that boasts a history of significant mineral endowment. The exploration potential of the Matagami property is substantial, with over 1,300 km² of highly prospective ground in a region renowned for its base and precious metal deposits.

In addition to the exploration potential, mineral resources have been identified on the property including three deposits collectively referred to as the Caber Complex. These resources represent a potential mine life of nearly 10 years as determined in the PEA prepared by Nuvau.

The property is also unique in the region as it includes extensive existing infrastructure including a permitted, 3,000 tonne per day, processing plant, and the permitted past-producing Bracemac McLeod Mine. This infrastructure will significantly reduce initial capital requirements if the Company reaches the point of restarting production.

About Nuvau Minerals Inc.
Nuvau is a Canadian mining company focused on the Abitibi Region of mine-friendly Québec. Nuvau’s principal asset is the Matagami Property that is host to significant existing processing infrastructure and multiple mineral deposits and is being acquired from Glencore.

For more information go to our website www.nuvauminerals.com.

For further information please contact:

Nuvau Minerals Inc.
Peter van Alphen
President and CEO
Telephone: 416-525-6023
Email: pvanalphen@nuvauminerals.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Disclaimer & Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information (collectively, ‘forward-looking statements‘) within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-Looking statements are often identified by terms such as ‘may’, ‘should’, ‘anticipate’, ‘will’, ‘estimates’, ‘believes’, ‘intends’ ‘expects’ and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements concerning the Agreement. Forward-Looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company, including expectations and assumptions concerning the Company. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by the management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, neither the Company nor Nuvau undertakes any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241898

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Statistics Canada released its January consumer price index (CPI) figures on Tuesday (February 18). The data showed that inflation ticked up on a yearly basis to 1.9 percent from the 1.8 percent recorded in December. On a monthly basis, CPI rose 0.1 percent in January following a 0.4 percent decline in December.

The rise in inflation was owed to a 5.3 percent increase in energy prices on an annualized basis, primarily gasoline and natural gas, after recording a more modest 1 percent gain the previous month. Headlining the gains was an 8.6 percent jump in gasoline prices versus the same period last year and a 3.5 percent increase over December.

The agency also released its December mineral production survey on Thursday (February 20). The report showed overall increases in copper, gold and silver production and shipments compared to November’s totals.

Copper production increased by over 5 million kilograms to 38.93 million kilograms in December, up from 33.23 million kilograms the prior month. Shipments saw a similar increase, with 49.17 million kilograms shipped compared to 44.6 million kilograms shipped in November.

Gold production increased to 17,325 kilograms from 16,573 kilograms in November. Meanwhile, shipments of the precious metal increased even more, coming in at 23,217 kilograms compared to 14,332 kilograms in November.

As for silver, December saw the highest production and shipment levels for silver in 2024. Silver production increased to 33,074 kilograms, up significantly month-over-month from 24,959 kilograms. Silver shipments jumped even more at 36,984 kilograms, a considerable uptick from November’s 23,709 kilograms.

In mining news, Anglo American (LSE:AAL,OTCQX:AAUKF) announced that its 50.1 percent owned subsidiary Anglo American Sur and Chilean state mining company Codelco signed a memorandum of understanding to create a framework for implementing a joint mining plan for the companies’ adjacent Los Bronces and Andina mines in Chile.

Anglo American says the new operating company will optimize the use of processing capacity between the two mines. The companies expect that the mines will produce an additional 2.7 million metric tons of copper over a 21-year period starting in 2030, and generate an additional US$5 billion in pre-tax value. The companies will retain full ownership of their respective properties.

Markets and commodities react

US equity markets were broadly down this week, with the S&P 500 (INDEXSP:INX) losing 1.67 percent to end Friday (February 21) at 6,013.12 and the Nasdaq-100 (INDEXNASDAQ:NDX) falling 1.93 percent to 21,614.08. The Dow Jones Industrial Average (INDEXDJX:.DJI) sank the furthest, down 2.89 percent to 43.428.03.

In Canada, markets were also in decline. The S&P/TSX Venture Composite Index (INDEXTSI:JX) fell 2.48 percent on the week to close at 634.69 on Friday, the S&P/TSX Composite Index (INDEXTSI:OSPTX) posted a 2.15 percent loss to hit 25,147.03 and the CSE Composite Index (CSE:CSECOMP) dropped 2.59 percent to 132.46.

After hitting new all-time highs on Wednesday, the gold price remained in record territory on Friday, seeing a 1.78 percent increase on the week to close at US$2,934.24 per ounce at 4:00 p.m. EST. Silver also saw gains this week, moving up 1.22 percent to US$32.52.

In base metals, the copper price was in decline this week, shedding 2.13 percent throughout the week to close at US$4.59 per pound on the COMEX. Meanwhile, the S&P GSCI (INDEXSP:SPGSCI) was flat, shedding 0.08 percent to close at 569.41.

Top Canadian mining stocks this week

So how did mining stocks perform against this backdrop?

We break down this week’s five best-performing Canadian mining stocks below.

Data for this article was retrieved at 3:00 p.m. EST on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market capitalizations greater than C$10 million are included. Companies within the non-energy minerals and energy minerals sectors were considered.

1. Minsud Resources (TSXV:MSR)

Company Profile

Weekly gain: 47.06 percent
Market cap: C$156.7 million
Share price: C$1

Minsud Resources is a copper exploration company focused on advancing its operations in Argentina.

Its flagship project, Chita Valley, is located in San Juan and covers 19,883 hectares. The area hosts widespread porphyry copper-molybdenum-silver-gold mineralization and includes three core properties: the Chita, Brechas Vacas and the Minas de Pinto mineral concessions. Minsud’s primary target is its Chinchillones deposit.

Shares in Minsud saw recent gains following the release of a technical report for Chita Valley on February 14 reporting its January maiden mineral resource estimate (MRE) for the Chinchillones deposit. The deposit’s total indicated resource is 188 million metric tons (MT) of ore containing 466,000 MT of copper, 674,000 ounces of gold, 63.5 million ounces of silver, 6,800 MT of molybdenum and 291,000 MT of zinc.

The deposit also hosts an inferred resource of 573 million MT of ore containing 1.24 million MT of copper, 1.65 million ounces of gold, 166.6 million ounces of silver, 53,200 MT of molybdenum and 616,000 MT of zinc.

2. Kapa Gold (TSXV:KAPA)

Weekly gain: 32 percent
Market cap: C$11.58 million
Share price: C$0.165

Kapa gold is an exploration company focused on advancing the past-producing Blackhawk mine in San Bernardino County, California.

The project site is composed of seven patented and 178 contiguous federal lode claims covering 1,496.2 hectares. The property hosts multiple mineralized zones with previous exploration work revealing deposits with high grade gold, silver, lead and zinc. Historic production has seen grading from ramps and underground mines averaging 10 grams per metric ton (g/t) gold.

Kapa has not released news since January 7, when it announced that it was advancing baseline studies and surface exploration at Blackhawk. The company said the work was being conducted in preparation for a 2025 drill program, with data gathered being used to identify drill targets.

3. Power Metals (TSXV:PWM)

Company Profile

Weekly gain: 31.03 percent
Market cap: C$160.67 million
Share price: C$1.14

Power Metals is a lithium and cesium exploration company focused on its Case Lake project.

Located in Northeastern Ontario, the site is 10 kilometers by 9.5 kilometers in size and comprises 585 cell claims. Exploration at the site between 2017 and 2024 led to the discovery of pegmatite dykes bearing lithium, cesium and tantalum (LCT). Case Lake now consists of six spodumene dykes that form a mineralization trend of about 10 kilometers.

Assays from the site released on February 14 included a highlight of 8.07 meters grading 2.19 percent lithium oxide, 5.19 percent cesium oxide and 1,438 parts per million (ppm) tantalum. The results also included a 1 meter intersection bearing 1.85 percent lithium oxide, 11.7 percent cesium oxide and 208 ppm tantalum.

In addition to its most recent exploration news, Power Metals announced on February 10 that it had brought on DRA Global to begin work on a maiden mineral resource estimate and preliminary economic assessment for the Case Lake project. It expects to have the former completed by the end of Q1 2025, with the latter to follow in Q2.

Adding to Power Metals’ recent share gains was a release on February 5 in which the company reported that it had been awarded a new exploration permit for Case Lake. The new permit will remain valid for the next three years and will be used to target newly identified cesium targets uncovered in late 2024.

While the company did not release news this week, it continued its upward trend from recent weeks.

4. Minco Silver (TSXV:MSV)

Company Profile

Weekly gain: 29.73 percent
Market cap: C$12.82 million
Share price: C$0.24

Minco Silver is a development company working to advance its Fuwan silver project in China’s Guangdong province.

The property consists of three exploration permits covering a total of 125.74 square kilometers. Exploration to date has largely been focused on an area hosting 2.8 kilometers by 10 kilometers of strike.

A 2009 feasibility study for the property included a total probable reserve estimate of 55.3 million ounces of silver across 9.12 million metric tons of ore with an average grade of 189 g/t.

Shares in Minco have seen gains this past week but the company has not released news.

5. K2 Gold (TSXV:KTO)

Company Profile

Weekly gain: 29.03 percent
Market cap: C$24.65 million
Share price: C$0.18

K2 Gold is a gold exploration and development company with a portfolio of three assets located in Canada and the United States.

The company’s Wels project in Canada is composed of 351 contiguous quartz claims covering 7,200 hectares near Beaver Creek, Yukon. According to the project page, K2 says the deposit is similar to Newmont’s (TSX:NGT,NYSE:NEM) nearby 4 million ounce Coffee gold deposit.

In the US, K2 owns its flagship Mojave gold project in Inyo County, California, which covers 5,830 hectares with 12 exploration targets. In addition to gold, Mojave also contains mineralization of copper, silver, lead and zinc.

The company’s final asset is the Si2 gold project in Esmeralda County, Nevada, US. The site consists of 118 Bureau of Land Management lode claims covering 986 hectares in the Walker Land trend. Exploration has indicated gold-bearing mineralization, with concentrated veins hosted by fault structures at depth.

On January 17, K2 announced that it signed an agreement with Orogen Royalties (TSXV:OGN) to accelerate its acquisition of a 100 percent stake in the Si2 project.

The new deal will see K2 pay Orogen C$250,000 in cash or common shares and a 2 percent net smelter return royalty to immediately acquire the property, replacing a January 2022 deal in which K2 had to make US$200,000 in cash payments and C$2.3 million in exploration expenditures.

The release also included results from an alteration study on Si2 drill core that determined the presence of an intact, low-sulfidation epithermal gold system.

K2 said the acquisition “allows us the flexibility to advance the project at our own pace as we approach the final steps in permitting at K2’s flagship Mojave project.

The Company’s most recent news came on February 21, when it said it had increased its previously announced non-brokered private placement to C$3 million in capital through the sale of 20 million units at a price of C$0.15 per share. The funds will be used for exploration and permitting at the Mojave gold project.

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

How many companies are listed on the TSXV?

As of June 2024, there were 1,630 companies listed on the TSXV, 925 of which were mining companies. Comparatively, the TSX was home to 1,806 companies, with 188 of those being mining companies.

Together the TSX and TSXV host around 40 percent of the world’s public mining companies.

How much does it cost to list on the TSXV?

There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

How do you trade on the TSXV?

Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

Article by Dean Belder; FAQs by Lauren Kelly.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

The TSX Venture Exchange has released its annual TSX Venture 50 ranking, recognizing the top-performing companies based on share price appreciation, market capitalization growth and Canadian trading value.

Among this year’s top 10 are six companies from the mining and oil and gas sectors.

Read on to learn about the companies and their assets.

1. Sintana Energy (TSXV:SEI)

Company Profile

Sintana Energy, a Canadian oil and natural gas exploration company, secured the third position on the TSX Venture 50.

The company’s share price rose an impressive 293 percent in 2024.

Sintana’s primary asset is its ownership interest in the VMM-37 block, located in Colombia’s Magdalena Basin. With offices in Toronto and Dallas, Sintana continues to strengthen its exploration portfolio.

2. Power Metallic Mines (TSXV:PNPN)

Company Profile

Power Metallic Mines ranked fourth overall on the TSX Venture 50 and saw a 365 percent increase in share price.

The company is focused on developing its Nisk project, a high-grade nickel-copper-PGMs-gold-silver asset in Québec, Canada. Nisk spans a 20 kilometer strike length, with multiple high-grade discovery zones.

Power Metallic Mines changed its name from Power Nickel, effective February 21, to better reflect the polymetallic nature of its flagship asset. CEO Terry Lynch emphasized in the announcement that the Lion zone’s high-grade copper, platinum and palladium assays necessitated a rebranding to align with the company’s evolving vision.

3. Montage Gold (TSXV:MAU)

Company Profile

Fifth place Montage Gold, which recorded a 193 percent share price appreciation last year, is advancing the Koné gold project in Côte d’Ivoire. The project is regarded as one of Africa’s highest-quality gold assets, boasting a 16 year mine life and an annual production target exceeding 300,000 ounces for the first eight years.

With an all-in sustaining cost of US$998 per ounce, the project is well positioned for economic viability.

Construction began in late 2024, with first gold production anticipated by Q2 2027.

4. Founders Metals (TSXV:FDR)

Company Profile

Canadian exploration company Founders Metals came in sixth place and experienced a 196 percent rise in share price. Founders Metals is focused on the Antino gold project in Suriname’s Guiana Shield.

Covering over 20,000 hectares, Antino hosts a past-producing mine that produced over 500,000 ounces of gold.

The company recently announced a high-grade gold discovery at the Van Gogh prospect, reporting an intersection of 28.5 meters at 7.12 grams per metric ton gold from a 2025 drilling campaign.

5. Q2 Metals (TSXV:QTWO)

Company Profile

Q2 Metals secured ninth place with a 214 percent share price appreciation.

The company is focused on its lithium projects in Québec’s Eeyou Istchee James Bay region.

Last year, the company acquired the Cisco lithium project, which comprises 767 claims across 39,389 hectares. Q2 Metals is also actively advancing the Mia lithium project, which hosts the MIA 1 and MIA 2 lithium occurrences along a 10 kilometer trend. Additionally, it owns the 3,972 hectare Stellar lithium project located near the Mia project.

6. Artemis Gold (TSXV:ARTG)

Company Profile

Artemis Gold rounds out the list in 10th place with a 118 percent share price appreciation. The company is focused on developing the Blackwater mine in BC, which holds a gold resource of over 10 million ounces.

The project has secured key regulatory approvals and is expected to become one of Canada’s largest gold mines. This January, Artemis announced its first gold and silver pour at Blackwater, marking a major milestone.

President and Chief Operating Officer Jeremy Langford noted that the crushing circuit has exceeded nameplate throughput, and the milling circuit is performing as expected. Commercial production remains on track for Q2 2025.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Bitcoin attracts bold predictions. Recent forecasts show that this top cryptocurrency may soon hit Bitcoin Reach $200000. Many trusted sources, including Yahoo Finance, CoinDesk, Bloomberg, and CNBC, have reported this forecast. This public news reflects rising optimism among market experts amid changing economic conditions.

Market Sentiment and Economic Drivers

Many analysts believe that economic uncertainty and rising prices create a strong chance for Bitcoin to serve as a safe asset. Investors now see Bitcoin as a reliable store of value. They shift funds to cryptocurrencies when they lose trust in traditional assets. In addition, new regulations in key markets push both large and small investors to spread their money across various assets.

Technical Analysis and Price Trends

Technical data supports a potential price surge. Long-term charts show an upward trend, while short-term drops offer good buying points. Trading volumes and network activity grow each day. Experts point to a limited supply and high demand as key reasons that Bitcoin Reach $200000 upto.

Investor Implications and Risk Management

Investors must stay alert in this volatile market. They should manage risk by diversifying their portfolios. Many experts advise reviewing holdings and allocating funds wisely. They also recommend keeping up with the latest market news and technical signals to guide decisions.

Conclusion

This forecast that Bitcoin may reach $200,000 comes from strong market sentiment, positive technical trends, and a unique economic climate. However, investors face a volatile market that demands caution. Experts urge both individual and institutional investors to monitor these trends closely and prepare for various market moves.

While reaching $200,000 is not guaranteed, this forecast offers valuable insight into the ever-changing crypto market. It shows that the market can shift quickly and that informed decisions are key. Investors should act wisely and stay updated on news and trends. By doing so, they can protect their investments and uncover new opportunities in the fast-paced world of cryptocurrencies.

The post Could Bitcoin Reach $200000? Market & Expert Insights appeared first on FinanceBrokerage.