Precious Metals & Minerals

Oppenheimer & Co. is raising its price target on shares of Seattle Genetics (NASDAQ: SGEN) to $24 from $21, and it is keeping its Outperform rating on shares. In a note to clients, Oppenheimer & Co. writes, "On 7/14, an FDA Advisory Committee (AdCom) voted unanimously (10-0) in favor of...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Imax (NYSE: IMAX) has “always troubled me. I think business is good and it can probably go back to the mid-30s." Cramer said that CVR Partners (NYSE: UAN) is an "interesting company. They're not as good as some other fertilizer...

Cusick's Corner GOOG! Beats by .91 and the stock is up $60 dollars After Hours. Amazing! This is also a great example of why I was hammering home make sure that you tighten up the risk. Take the opportunity to shore up risk, credit spread strategists should check if they can cover a position for...

There was no change in the top-8 qualifying stocks from June 28th. The CANSLIM stock screener settings employed were: Top of the list remained Apple (AAPL). It continued its rally off channel support, not pausing as it broke through channel resistance. It is currently knocking at the door of the...

Shares of North American Palladium (AMEX: PAL) are lower on the session by 1.07%, currently trading at $4.63. The stock has been moving largely higher over the past five weeks and is currently trading above the 50-day moving average. Options traders are buying calls on the name today. A short...

Analysts at Goldman Sachs downgraded RTI International Metals Inc (NYSE: RTI) from “neutral” to “sell.” RTI's stock closed at $27.45 yesterday. RTI's PEG ratio is 21.84. Analysts at JP Morgan downgraded Stillwater Mining Company (NYSE: SWC) from “overweight” to “neutral.” SWC 's shares closed at $...

JP Morgan, which lowered its PT on shares of Stillwater Mining Co. (NYSE: SWC), is providing some color on the stock. “Initially we felt a blended valuation of the company could be used which would have yielded a new target price just $5 (the price paid) lower than the previous target,” JP Morgan...

Precious metal mining stocks are broadly higher in pre-market trading, as gold and silver continue to rally. North American Palladium (NYSE: PAL) is up over 4.50%. First Majestic Silver (NYSE: AG) is up near 4.50%. Great Panther Silver (NYSE: GPL) is up over 4.60%. Silvercorp Metals (NYSE: SVM...

JP Morgan has downgraded Stillwater Mining (NYSE: SWC) from Overweight to Neutral and has lowered the price target from $31 to $23.

ProShares Ultra Silver (ETF) (NYSE: AGQ) spiked 11.31% on Wednesday as silver futures traded higher. AGQ closed at $197.78, and had a volume of 3.02M traded shares. Direxion Daily Gold Miners Bull 2X Shares (NYSE: NUGT) gained 6.89% today, and it closed at $34.90. Goldcorp Inc. (USA) (NYSE: GG),...

By 12:44 pm, the Dow Jones Industrial Average was up 144.74 points, or 1.16%, to 12,591.62, while the broader Standard & Poor's 500 index had gained 15.72 points, or 1.20%. The NASDAQ composite index rose 38.64 points, or 1.39%. Some of the narrow based indexes that are driving the markets...

Options Brief: Silver Standard Resources Shares of Silver Standard Resources (NASDAQ: SSRI) are higher on the session by 7.21%, trading at $28.71. Overall call volume is now running at 4.40x the daily average, with 86% of all calls traded being purchases on the offer. 3,204 contracts have traded...

On CNBC's Fast Money, Stephen Weiss said that he would buy QUALCOMM, Inc. (NASDAQ: QCOM) on Wednesday. QUALCOMM, Inc. (QCOM) fell 2.95% today, and it closed at $56.52. Guy Adami thinks that Silver Wheaton Corp. (USA) (NYSE: SLW) is a buy. Silver Wheaton Corp. (USA) (SLW) added 4.80% today, and...

Cusick's Corner What does an animal do when it is cornered? It gets scared, might even cower, but more times than not it fights back which could best characterize the longs that are in this market now. VIX popped this morning, +15.4%, and the longs that were recently entering the market are in...

Peregrine Metals (OTC: PTTDF) is trading up over 200% higher after it was announced that the company would be purchased by Stillwater Mining (NYSE: SWC). The move has not been as kind to Stillwater Mining, as shares of the company are presently trading down over 20%, near $18.36.