Klondex Mines Surges After Merger Announcement

In early March, Hecla Mining (HL) announced its acquisition of Klondex Mines Ltd (KLDX) primarily for its three U.S. gold mines. The majority of Klondex’s production and cash flow are produced by these gold mines. As a result of this announcement, Klondex’s stock surged nearly 58 percent, while Hecla’s was down more than 10 percent. … Continued

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Macquarie Research Assesses the Airline Industry

Macquarie Research looked into the airline sector and, based on its analysis, found five airline stocks that earn “outperform” ratings: Spirit Airlines (SAVE), Alaska Air Group (ALK), Delta Air Lines (DAL), Hawaiian Holdings (HA) and Southwest Airlines (LUV). The U.S. Global Jets ETF (JETS), which invests in the global airline sector, holds all of these … Continued

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Berkshire Hathaway Searching for Airline Deals

Berkshire Hathaway Searching for Airline Deals

  American multinational holding company Berkshire Hathaway could be considering purchasing an airline, reports ETF Trends. It claims to be looking for deals, although it has not found one at “a sensible purchase price” yet. In 2016, Berkshire took positions in the largest U.S. airliners: American Airlines (AAL), Delta Air Lines (DAL), United Continental Holdings … Continued

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Streaming Companies Offer Alternate Way to Invest In Gold

Streaming Companies Offer Alternate Way to Invest In Gold

  Big tax cuts and other recent policy changes bode ill for the U.S. dollar, reports The Globe and Mail. “People buy gold as a hedge,” says Paul Brink, senior vice-president at streaming company Franco-Nevada Corp. “With President Trump in place, who knows?” In 1983, Franco-Nevada applied a royalty model commonly used for oil and … Continued

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Transportation Stocks May Be Ready to Rally

Transportation Stocks May Be Ready to Rally

  Some traders think the recent decline in transportation stocks may be poised to bounce back. Airline stocks have benefited from lower oil prices; however, other industries like railroads have lagged broader equity benchmarks. Infrastructure investing could also go up as more governments focus on upgrading old, dangerous bridges, pipelines, and roads. “Decades ago, it … Continued

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2018 Starting Strong for the Airline Industry

  So far this year, airline stocks and sector-related exchange-traded funds have strengthened thanks to improved revenue trends and higher pricing power than anticipated, reports ETF Trends. According to the Associated Press, revenue for every seat flown per mile was up 5 percent to 6 percent year-over-year for American Airlines during the fourth quarter of … Continued

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