21:26:18 EDT Mon 22 Jul 2024
Enter Symbol
or Name

Login ID:

Gold Summary for May 30, 2023

2023-05-30 18:31 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 rose $16.10 to $1,959.10 on Tuesday. The TSX Venture Exchange nevertheless fell 9.89 points to 596.96 while the TSX gold index dipped 2.47 points to close at 288.46. Most Canadian-listed gold miners followed the market, not bullion. New Gold Inc. (NGD) lost five cents to $1.57 on 1.91 million shares despite a three-week silence, while Novagold Resources Inc. (NG) kept it company, dropping 18 cents to $6.83 on 228,000 shares. On the other hand, silence worked for Centerra Gold Inc. (CG), which jumped 47 cents to $7.45 on 2.43 million shares today.

Today was assay day, it seems, and there were several precious metals companies with encouraging new results jockeying for attention. Benoit La Salle's Aya Gold & Silver Inc. (AYA) rose 38 cents to $9.12 on 541,000 shares on word that it has drilled a 27-metre interval averaging 1,611 grams of silver per tonne at its Zgounder project in Morocco. Much of that encouragement, from a hole drilled in the open-pit area, sat within a five-metre stretch that ran 4,771 grams of silver per tonne, but it was hardly a smear job as the other 22 metres still mustered nearly 900 grams per tonne.

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