00:56:51 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Diamonds & Specialty Minerals Summary for Feb. 19, 2015

2015-02-19 20:37 ET - Market Summary

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Will Purcell

The diamond and specialty minerals stocks box score for Thursday was a weak 46-60-146. The TSX Venture Exchange fell five points to 692 while polished diamond prices inched lower. Robert Gannicott's Dominion Diamond Corp. (DDC) slipped nine cents to $20.99 on 282,000 shares. Dominion has had a good year, only in part because of the strong U.S. dollar. (The company's NYSE chart is nearly as impressive as its TSX sibling.) Better than expected revenues from Ekati and a promised dividend are the main reasons Dominion's stock is trading near its six-year high. Boris Ziger's Matica Enterprises Inc. (MMJ) closed unchanged at 10.5 cents on 1.94 million shares. Matica, which wants to grow and sell marijuana -- for medical purposes of course -- plans to spin off its Grumpy Lizard graphite project in Nevada to a new company. Mr. Ziger took time from his pot promotion early this year to tout the start of sampling and mapping at Grumpy Lizard, as well as a "contemplated drilling program."

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2024 Canjex Publishing Ltd. All rights reserved.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.


Comments for this item are closed