Analysts’ Ideas Of The Week
- Shares of one of our top picks (a gold junior) were up 50% last week.
- Gold/silver prices are higher WoW amid softer U.S. consumer spending growth.
- Two major mining deals were announced last week.
- A company under our coverage and Kinross (TSX: K) are advancing their gold project to production in H2-2024.
- Crypto miner Argo (LSE: ARB) is expected to make a material announcement tomorrow.
FRC Top Picks
The following table shows last week’s top five performers among our Top Picks, including five junior resource companies. Two of these companies (Steppe Gold and Noram Lithium) were mentioned as top picks by our Head of Research in an interview with Andrew Bell of BNN Bloomberg last week. The top performer Sirios Resources Inc. (TSXV: SOI), was up 50%, after attracting Sumitomo Metal (TSE: 5713) to form a joint venture (JV). Click here for our comments on the JV. Our prior reports on SOI can be viewed here.
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Sirios Resources Inc./ TSXV: SOI, Rockcliff Metals Corporation (RCLF.CN), Noram Lithium Corp. (NRM.V), Panoro Minerals (PML.V), Steppe Gold (STGO.TO), Contango Ore, Inc./ NYSEAM: CTGO, Sokoman Minerals Corp./ TSXV: SIC, Advance United Holdings Inc./CSE: AUHI, Lexaria Bioscience Corp./