Major Canadian Housing Markets Plunge in July Amid Trade Uncertainty
Major Canadian housing markets posted steep month-over-month price declines in July 2025, with Toronto and other Ontario cities leading significant drops as trade tensions with the United States continue to weigh on buyer confidence, according to new real estate data. Toronto home prices plummeted 8.9% from June to July, marking the steepest monthly decline among […]
GoviEx Uranium To Move To ASX Via Reverse Takeover of Tombador Iron
GoviEx Uranium (TSXV: GXU) is on their way to Australia. The uranium explorer this morning announced that it will be conducting a reverse takeover of Tombador Iron Limited, an ASX-listed issuer, as a means of listing on the Australian Securities Exchange. Tombador Iron is currently an ASX-listed shell with an estimated A$10.4 million in cash […]
Avino Silver Hits 1,638 g/t Silver Over 7.90 Metres True Width At La Preciosa
Avino Silver & Gold Mines (TSX: ASM) this morning released assay results for four drill holes conducted at their La Preciosa project in Mexico. The four holes were drilled to twin previously conducted drilling that intercepted the La Gloria and Abundancia veins as part of an effort to verify geometry of the veins. Both veins […]
Air Canada Cancels Guidance For 2025 Amid Labour Disruption
Air Canada (TSX: AC) this morning announced the suspension of all guidance issued for the remainder of 2025 following the unfolding of an ongoing labor disruption and the suspension of all flights. The guidance, issued in July, had called for Adjusted EBITDA in the range of $3.2 to $3.6 billion for 2026, alongside free cash […]
Bridgewater Associates Exits All Chinese Stock Holdings
Bridgewater Associates, the world’s largest hedge fund, eliminated its holdings in US-listed Chinese companies during the second quarter, selling $1.41 billion worth of shares in a dramatic retreat from the world’s second-largest economy. The firm exited positions in 16 Chinese companies, including tech giants Alibaba, JD.com, and Baidu, as well as electric vehicle maker Nio […]
Barrick Q2 Earnings: Gold Production Dives
The current gold price environment is great for gold producers. For the good operators, the price is allowing them to hit record free cash flow figures and add serious cash to the balance sheet. For the bad operators, it makes their numbers grow on a year over year basis, even as operations are slipping. Unfortunately […]
Agnico Q2 Earnings: Record Free Cash Flow Puts Them In Net Cash Position
There’s two names out there vying for the top spot in terms of market cap within the gold sector. While one is focused on producing the most ounces, the other is seemingly more focused on the quality of execution. But at the end of the day, those separate approaches don’t really matter, considering both names […]
Minera Alamos: Stock Craters On Deal To Buy Equinox’s Nevada Assets
Every now and then there’s a transaction that occurs in this market that makes you stop what your doing and rework your schedule to ensure some coverage gets on the story. We might be neck deep in earnings coverage that we’re way behind on, but we had to put that on pause to take a […]
Kinross Q2 Earnings: Consistency Is Key
In our coverage of Kinross Gold’s (TSX: K) first quarter financial results, we referred to the company rather succinctly – they were the adult in the room while other majors fell short. That analysis continues to hold true in the second quarter. They’ve managed to keep a tight reign on costing and hold production steady, […]
Eldorado Gold Q2: Free Cash Flow Funds Development
Much like the first quarter of 2025, not everyone in this gold environment is generating free cash flow. Namely, that would be Eldorado Gold (TSX: ELD), who again elected to forego massive cash flow generation unlike their peers. The company in the second quarter again elected to focus on growth, with any spare cash they […]