Key Highlights

  1. Last week, equity markets and metal prices surged as the US$ retreated amidst signs of a slowing U.S. economy.
  2. For the first time, gold surpassed US$2,400/oz, copper US$5/lb, and the S&P 500 hit 5300
  3. Our forecasts proved accurate. Earlier this year, we anticipated gold and silver surpassing US$2,300/oz and US$30/oz, respectively, when they were trading at US$2,000/oz and US$23/oz
  4. Shares of a cobalt-gold junior under coverage were up 50% WoW, following the announcement of securing $16M in funding from the U.S. and Canadian governments
  5. Last month, companies on our Top Picks list were up 9.6% on average vs 3.9% for the benchmark (TSXV)

In This Issue

  • Commentary on Companies Under Coverage: Gain insights into companies under coverage that experienced significant developments last week, along with our analysts' commentary and actionable takeaways.
  • FRC Top Picks: Explore the top five weekly performers among our list of top picks.
  • Weekly Mining Commentary: Gain a broader perspective on global equity and metal markets, major developments, trends affecting the mining sector, along with our analysts' predictions, and metal price forecasts.
  • Weekly Crypto Commentary: Stay updated with the latest developments in the crypto markets, including detailed analysis of key parameters such as crypto prices, global market capitalization, hash rates, and valuations of publicly traded crypto companies.