Is a Rally in the Canadian Stock Market Sustainable?
After a sluggish second quarter, the Canadian stock market rebounded strongly in the third, driven in part by a series of rate cuts from the Bank of Canada. Lowering interest rates helped to cool inflation and supported a broader economic recovery, positioning the market for a more optimistic outlook for the remainder of the year […]
Top-Performing ETFs of the Quarter
Exchange-traded funds, or ETFs, are often low-cost instruments for investors to track popular indexes or leverage experienced manager choices in an attempt to beat the market. The best ones serve as building blocks for a portfolio, and unlike open-end mutual funds, all ETFs are traded throughout the day on an exchange. In the third quarter […]
The Quarter’s Least Successful ETFs
Exchange-traded funds, or ETFs, are often low-cost instruments for investors to track popular indexes or leverage experienced manager choices in an attempt to beat the market. The best ones serve as building blocks for a portfolio, and unlike open-end mutual funds, all ETFs are traded throughout the day on an exchange. In the third quarter […]
Chakana Copper Returns Portion of Soledad Project in Peru to Condor
The company optioned these concessions from Condor in 2017 and began exploration the same year. Since then, it has identified and drilled several targets, resulting in the discovery of additional high-grade copper-gold-silver mineralization. Based on an initial inferred resource published in February 2022, approximately 1.2 million tonnes amenable to extraction by open pit mining methods […]
3 Battery Stocks Poised for Multibagger Potential: July Update
Key legislative tailwinds and innovations in solid-state technology fuel investor enthusiasm Valued at $127.3 billion in 2023, the global battery market is predicted to reach $276.3 billion by 2032, expanding 8.7% yearly and attracting great interest in battery stocks. Sales of lithium-ion batteries are expected to rise 23.33% from $64.84 billion in 2023 to $446.85 […]
A Historical Overview: The Changing Ownership of Arcadium’s Lithium Assets
Arcadium, a newly formed entity resulting from the merger of Australia-based Allkem and US-based Livent, marks a significant evolution in the lithium sector. This merger, heralded in January, synergizes the strengths and assets of both companies, consolidating a diverse portfolio of lithium mines, processing facilities, and geological deposits that span four continents. Notably, this formation […]
Performance of Major Canadian ETFs in September
Each month, we check in on the performance of the largest Canadian stock, bond, and active exchange-traded funds. The Morningstar Canada Index rose 3.02% during September, while the Morningstar Canada Core Bond Index gained 1.81%. Over the past year, the Canadian stock market is up 27.27%, while the Canadian bond market has risen 12.74%. The […]
3 Battery Stocks to Consider Buying: Q3 2023 Update
While electric vehicles and perhaps electric vertical takeoff and landing (eVTOL) aircraft may represent the future of mobility, it’s quite a challenge to determine which specific manufacturing brand will win out. Not all brilliant companies make it to the finish line. For a possibly more prudent idea, it may be better to consider battery stocks. […]
GAO Reports US Conflict Minerals Law Fails to Mitigate War in Congo
The law obliges US-traded companies to file so-called conflict mineral reports to the Securities and Exchange Commission on whether their products may include gold, tin, tantalum or tungsten from Congo or its nine neighboring countries. The GAO “found the rule was associated with a spread of violence, particularly around informal, small-scale gold mining sites,” according […]
Report: Silver Mining Sector Requires $2.1 Trillion by 2050 to Fulfill Demand
A recent analysis by Bloomberg NEF emphasizes the urgent need for a significant investment in raw materials to achieve net-zero emissions by 2050. The report highlights a crucial $2.1 trillion funding gap and warns that if this is not addressed, the costs associated with clean energy technologies could increase drastically due to shortages of essential […]