What a difference a month makes. In my last article covering the ETFMG Prime Junior Silver ETF (SILJ), I mentioned that “silver looks weak and landmines are everywhere.” At the end of May, the spot price of silver was trading below $14.50/oz and many silver mining stocks were looking listless as ever, putting in continue reading at Seeking Alpha…
The share price of Albemarle (ALB) has been absolutely decimated over the last 1.5 years, and is now trading at $63.29/share, which is the lowest point it has traded at over the last continue reading at Seeking Alpha…
NexGen Energy (NXE) has quietly become one of those “proven commodity” type of stocks where, despite improving underlying fundamentals, the share price is prone to experiencing bouts of weakness (and disinterest) from the market over the course of a given year.
For example, soon after continue reading at Seeking Alpha…
With the spot price of gold still firmly entrenched below $1,300/oz (currently trading at $1,277/oz) and the spot price of silver still languishing below $15/oz (currently trading at $14.38/oz), it would seem to make logical sense why certain contrarian speculators might want to attempt some “bargain hunting” at this time, looking for beaten-up mining stocks.
Now, if we zoom out and look at the share price performance of various precious metals stocks continue reading at Seeking Alpha…
2019 initially got off to a promising start for silver, as the spot price broke through $16/oz, and for a brief moment in time, it looked like the best was still to come. Unfortunately, for both silver and silver mining stocks, in hindsight, the “winning strategy” would have been to sell into strength before continue reading at Seeking Alpha…
AVZ Minerals (OTC:AZZVF) just published an extended Scoping Study for its Manono Lithium and Tin Project (Manono Project), located in the Democratic Republic of Congo, and the results look most promising. Although there is obviously still much more work for AVZ Minerals to do in order to advance their Manono Project to commercial production, some of the main shortcomings and concerns brought up in the continue reading at Seeking Alpha…
It continues to be a rather uneventful year for gold, as the spot price is currently trading at $1,285/oz, still unable to break through the ~$1,300/oz resistance.
However, despite the rather mediocre performance put in by gold and many gold mining stocks so far in 2019, one stock in particular, continue reading at Seeking Alpha…