Gold

Claude Resources (NYSE: CGR) today announced it has approached the Board of Directors of St. Eugene Mining Corporation with a proposal to enter into a letter of intent for a share exchange transaction for 100% of St. Eugene at a significant premium to its trading price. St. Eugene is a gold...

VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) gained 3.04% in the regular trading session on Wednesday, and it closed at $16.96. In the after hours, TVIX fell 1.53% to $16.70. ProShares Ultra Silver (ETF) (NYSE: AGQ) jumped 2.75% today as silver extended its gains. AGQ closed at $176.96...

Gold is up over 0.75% on the session, trading near $1529; while silver is up over 1.20%, currently trading near $36. Mining stocks may have benefited from the move: Silver Wheaton (NYSE: SLW) is up over 4.40%, trading near $36. Eldorado Gold (NYSE: EGO) is up over 3%, trading near $16. Silver...

Eric Sprott, CEO of Sprott Asset Management and a major player in the precious metals markets, has made some huge bets on specific gold and silver miners, most of which have already paid off in a big way. In fact, assets under management at Sprott, Inc. were $9.7 billion at the end of Q1 2011...

This morning, the People's Bank of China announced it would be raising its key interest rate by 25 basis points, effective tomorrow to combat price stability and curb inflation. The move had been expected, but what was not expected was the timing. Foreign exchange strategists had been expecting...

Energy Development Corporation (EDC) Consensus Target Price: PHP 7.64 Firm Analyst Target Price Date Released Kim Eng Securities Dy-Liacco 8.05 7/5/2011 Phils. Equity Partners Trinidad 8.00 7/5/2011 CitisecOnline.com Ching 7.76 7/4/2011 Macquarie Ilagan 7.55 6/27/2011...

ProShares Ultra Silver (ETF) (NYSE: AGQ) spiked 9.98% on Tuesday as silver traded sharply higher. AGQ closed at $172.23, and it had a volume of 1.51M traded shares. Direxion Daily Gold Miners Bull 2X Shares (NYSE: NUGT) gained 6.39% today, and closed at $30.55. Barrick Gold Corporation (USA) (NYSE...

Shares of Banro Corporation (AMEX: BAA) are trading higher on the session by 7.94%, at $4.08. The stock has been under accumulation for the past week and is once again pushing against its intra-day high. Order flow looks favorable with buyers stepping higher and offers retreating; a move up to $4...

At 10:15 am, the Dow rose 0.15% to 12,601.73, the broader Standard & Poor's 500 index moved down 0.01% to 1,339.56 and the NASDAQ composite index gained 0.17% to 2,820.74. The industries that are supporting the market today are: Music & Video Stores: This industry jumped 5.38% by 10:15 am...

Winners: Yamana Gold (NYSE: AUY) is up over 4.50%, trading near $12 after gold rallied nearly 1%. Silver Wheaton (NYSE: SLW) is up over 4.30%, trading near $33.80 after silver rallied near 2.50%. Charter Communications (NASDAQ: CHTR) is up over 3.25%, trading near $56.95. Netflix (NASDAQ: NFLX...

Deutsche Bank made a number of updates in a research report published today. HollyFrontier (NYSE: HFC) had its coverage initiated with a Buy rating and a price target of $95. Goldcorp (NYSE: GG) had its rating downgraded from Buy to Hold. At the same time, its price target was reduced to $56...

Analysts at Deutsche Bank downgraded Thompson Creek Metals Company Inc (NYSE: TC) from “buy” to “hold.” Thompson Creek's stock closed at $10.13 on Friday. Thompson Creek's trailing-twelve-month ROA is 7.50%. Analysts at Oppenheimer downgraded Riverbed Technology Inc (NASDAQ: RVBD) from “outperform...

Winners: Novozymes A/S (PINK: NVZMF) is up over 6%. Apollo Group (NASDAQ: APOL) is up over 5%. Marathon Oil (NYSE: MRO) is up over 4% after completing spinoff of oil refiner. Dendreon (NASDAQ: DNDN) is up over 3.50%. Cablevision Systems (NYSE: CVC) is up nearly 3.50%. Losers: Discover...

Deutsche Bank's recommendation changes in metals and mining for 7/5/2011 are as follows: Thompson Creek (NYSE: TC) - Buy to Hold, tgt $14 to $12, Goldcorp (NYSE: GG)- Buy to Hold, tgt $60 to $56, Silver Standard (NASDAQ: SSRI) - Buy to Hold, tgt CAD37 to CAD31. Target Price Changes: Alcoa (...

Below are the top small-cap gold stocks on the NYSE, the NASDAQ and the AMEX in terms of PEG ratio Northgate Minerals Ltd (AMEX: NXG) has a PEG ratio of 2.36. NXG's trailing-twelve-month revenue is $482.80 million. AuRico Gold Inc (NYSE: AUQ) has a PEG ratio of 2.38. AUQ's trailing-twelve-month...