|

Ero Copper Corp. Advances While Market Declines

In the latest market close, Ero Copper Corp. (ERO) reached $13.17, with a +1.15% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.27%. On the other hand, the Dow registered a loss of 0.51%, and the technology-centric Nasdaq increased by 0.03%.

The the stock of company has fallen by 6.67% in the past month, lagging the Basic Materials sector’s gain of 7.68% and the S&P 500’s gain of 4.27%.

The company’s earnings report is set to go public on March 6, 2025.

Source – Zacks.com

Similar Posts

  • /

    Newmont gold miner shares in the green

    Shares in the gold miner are currently swapping hands at $76.60 apiece, more than 2% higher from the open as investors process the numbers.

    2024 was a transformational year for Newmont, as we focused on the integration of the Newcrest portfolio, divestment of our non-core assets, and transitioning the business onto a stable operating and investment platform.

    We have deliberately streamlined Newmont into the world’s best collection of Tier 1 gold assets, with a strong foundation of operational and financial performance. Our record fourth quarter gave a glimpse into the promising potential of the business and allowed Newmont to deliver record operating cash flows.

    Source – The Motley Fool

  • /

    Silver price remains below $30.00 due to improved market sentiment

    Silver price (XAG/USD) retraces its recent gains from the previous session, trading around $29.80 per barrel during the Asian hours on Wednesday.

    People’s Bank of China (PBOC) Governor Pan Gongsheng stated on Monday that “interest rate and reserve requirement ratio (RRR) tools will be utilized to maintain ample liquidity.” Gongsheng reaffirmed China’s plans to increase the fiscal deficit and emphasized that China will continue to be a driving force for the global economy.

    Source – FX Street

  • /

    Gold Horse Minerals drilling identifies gold targets

    Considering we only listed on the ASX in December 2024, it is pleasing that we have already reported multiple targets from our geochemical survey, achieved excellent results at the Hakes Find project and now unveiled some exceptional intercepts at Hopes Hill

    As the Phase 1 drill program continues over the next three to four weeks, our aim is to validate the historic drill results, refine our targeting practices to allow for further follow-up resource development and target depth and down-plunge opportunities in the high-grade zones that we are seeing in the current drilling

    Source – Trading View

  • /

    Israel’s 77th anniversary AI coins

    In tribute to these technological advances and in recognition of Israel’s 77th anniversary, Israel Coins & Medals Corp. has commissioned the Holy Land Mint for special coins. These issues are recognized by the Bank of Israel as legal tender.

    Obverse features include the Israel State Emblem, “Israel” in English, Hebrew and Arabic, “Independence Day 2025” in English and Hebrew, face value and Mint mark. To the right, circular and linear shapes symbolize Artificial Intelligence.

    Three different denominations are being produced, each with the similar designs. The Prooflike 1-New-Israel-Shekel piece is 30 millimeters in diameter and composed of .925 fine silver, weighing 14.4 grams. Its  maximum issue size is 1,800 pieces.

    Source – Coin World

  • / /

    Gold fell 3%, Silver .9%

    Safe-haven gold fell 3% on Monday as risk sentiment crept in following the announcement of a temporary deal between the United States and China to reduce tariffs.

    Spot gold was down 3% at $3,225.28 an ounce, as of 1344 ET (17:44 GMT). Bullion, considered a hedge against economic and geopolitical turmoil, hit a record high of $3,500.05 last month amid increased tariff uncertainty.

    “June gold futures bulls have lost their overall near-term technical advantage. Bulls’ next upside price objective is to produce a close above solid resistance at $3,350. First resistance is seen at $3,250 and then at $3,275,” said Jim Wyckoff, senior analyst at Kitco Metals.

    Spot silver slid 0.9% to $32.4 an ounce, platinum fell 1.9% to $976.06 and palladium dipped 3.4% to $942.69.

    Source – Reuters

  • /

    Silver lower, trading at $34.29

    Silver prices edged lower Tuesday, giving back some of Monday’s strong gains that saw the market break through key resistance at $33.70. The retreat reflects profit-taking as traders reassess short-term positioning, with rising attention on the U.S. dollar and gold’s technical posture.

    At 12:34 GMT, XAGUSD is trading $34.29, down $0.46 or -1.34%.

    Source – FX EMPIRE