04:10:43 EDT Mon 13 Jul 2020
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save

Gold Summary for May 6, 2020

2020-05-06 17:48 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 Stockwatch Business Reporter

New York spot gold fell $20.30 to $1,685.80 on Wednesday. North American markets appeared undecided today, with the TSX-V moving lower, ending the day down 1.65 points to 478.82. The TSX gold index followed bullion lower, dropping 10.00 points to 346.41.

Torex Gold Resources Inc. (TXG) helped lead the retreat. It fell $1.24 to $19.15 on 955,000 shares. Premier Gold Mines Ltd. (PG), which reported a $12-million (U.S.) first quarter loss today, provided company. It fell nine cents to $1.62 on 1.91 million shares. Alacer Gold Corp. (ASR) had cause to break out the hats and horns today: It added 18 cents to $7.61 on 2.61 million shares on a good review from an RBC Dominion Securities analyst, Mark Mihaljevic.

Kristina Walcott's Freegold Ventures Ltd. (FVL) surged to an intraday high of 37 cents before ending the day up nine cents to 17 cents on 37.1 million shares. The surge followed word that Freegold has hit a 257.4-metre interval averaging 2.94 grams of gold per tonne in the first hole drilled this year at its Golden Summit project near Fairbanks in central Alaska. The hit included a 20-metre interval at the bottom of the hole that averaged 9.87 grams per tonne, leaving the mineralization open at depth. A second hole returned little excitement, but it was suspended because of COVID-19 concerns well before it reached the target depth.

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.