21:30:14 EDT Mon 25 May 2020
Enter Symbol
or Name

Login ID:

Diamond & Specialty Minerals Summary for April 26, 2019

2019-04-26 18:52 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 on Friday was a 76-76-148 draw as the TSX Venture Exchange rose one point to 610. Rough diamond prices were essentially unchanged this week -- essentially being a loose synonym for "down not too much." While they are up 1.5 per cent from last fall's low, they are nearly 8 per cent below their 2018 high and are down nearly 6 per cent over the past five years. Adrian Lamoureux's 92 Resources Corp. (NTY) rose one cent to 7.5 cents on 2.55 million shares. The stock, a 3.5-cent laggard earlier this month, has more than doubled over the past two weeks on over 30 million shares, unspoiled by any news.

Words trumped numbers this week as Dermot Desmond and Stuart Brown's Mountain Province Diamonds Inc. (MPVD) delivered its first quarter production and sales data for its 49-per-cent share of the Gahcho Kue mine in the Northwest Territories. Mountain Province's stock jumped seven cents to $1.40 on 339,000 shares Thursday and closed unchanged at $1.40 on 204,000 shares today, as investors seemed pleased with the results.

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

© 2020 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