Articles by Rebecca Torres
Nova Scotia Gas Prices Climb Ahead of Canada Day; Diesel Holds Steady
Nova Scotia gasoline prices increased 3.6 cents per litre this week, while diesel stayed flat. The regulator removed a negative adjustment, lifting gasoline, but diesel remained unchanged.
Hecla Mining's Index Switch and Silver Price Gap: A Detailed Look
Hecla Mining moves into the Russell 1000 Growth index during the June rebalance, while spot silver prices lag significantly behind the company's Q1 realized price.
Hormuz Tanker Imbalance Sparks Oil Glut Fears as Brent Edges Higher
Brent crude rose 0.6% to $72.44 as U.S.-Iran strikes disrupted Hormuz shipping, but a growing tanker imbalance—four ships leaving for every one arriving—raises glut risks and threatens supply restart.
Hecla Mining Faces Margin Scrutiny After Index-Driven Rally
Hecla Mining rose 2.57% on record volume from Russell index rebalancing, but silver at $58.78 remains 29% below Q1 realized price, questioning margin repeatability.
Trump-Linked Investors Scrutinized as Skyline Secures $1.6B U.S. Interest for Kazakhstan Tungsten Mine
Skyline (NASDAQ:KAZR) lands $1.6B in nonbinding U.S. agency interest for its $1.1B Kazakhstan tungsten project, with political ties to Trump and Lutnick families under scrutiny.
Hedge Funds Reduce WTI Longs as Oil Slides Despite Tight US Stocks
Brent and WTI plunged over 10% and 9% respectively this week as funds trimmed oil length, despite tight U.S. stockpiles and strong diesel margins.
Hecla Mining Surges on Heavy Volume as Silver Price Gap Widens
Hecla Mining surged 2.57% to $15.54 on volume of 112.35 million shares, equal to 17% of its market cap, as spot silver remains 28.5% below Q1 levels, testing margins.
Coeur Mining Shares Surge on Buyback and Index Inclusion
Coeur Mining shares surged 3.4% to $15.99 after joining the S&P MidCap 400 and unveiling $680.3 million in remaining buyback capacity, offsetting about 11% of shares issued for its New Gold acquisition.
American Airlines Stock Soars 8% as Fuel Costs Drop Below Key Assumptions
American Airlines stock jumped 8% after jet fuel prices dropped to $2.83/gallon, far below its $4 guidance assumption, implying $1.25 billion in quarterly pretax savings.
Gold Dips Below $4,000 as Dollar Strengthens and Fed Hawkishness Weighs
Gold slipped under $4,000 an ounce for the first time in seven months as the dollar strengthened and traders increased bets on further Fed rate hikes, sparking a broad precious metals selloff.