#MiningStocks Financings continue to drop, average deal size at 70-week low

ORENINC INDEX - Monday, August 16th 2021

  Last Week: 19.28

This week: 18.49

The Oreninc Index decreased

ORENINC #MiningStocks Financings Index up; brokered activity surges @tsx_tsxv

ORENINC INDEX up as brokered activity surges again

ORENINC INDEX up as brokered activity surges again

ORENINC INDEX - Monday, September 7th 2020

North America's leading junior mining finance data provider

Last Week: 62.90

This week: 79.69

The Oreninc Index  increased in the week ending September 4th, 2020 to 79.69 from 62.90 a week ago as brokered activity surged again.

On to the money:

Aggregate financings announced jumped to $135 million, a four-week high, which included nine brokered financings for $70.5 million, a two-week high, and two bought-deal financings for $52.5 million, a six-week high. The average offer size increased to $2.9 million, a two-week high, while the number of financings fell to 47.

Aggregate #MiningStocks financings announced on TSX/V fell below $100 million to $82.6 million, eight-week low @Oreninc

Aggregate financings announced in Canadian Resource sector fell below $100 million to $82.6 million, an eight-week low. 

Included just two brokered financings for $10 million, a 17-week low, and no bought deal financings. 

The average offer size fell to a meager $1.8 million, an eight-week low. 

The number of financings fell to 45.

Read The Whole post on Oreninc here: http://oreninc.com/orenthink/entry/oreninc-index-dips-as-financings-ease-off 

.@Oreninc #Mining Financings Index fell in week ending June 5, 2020 to 47.29 with only $52.8 million raised, 9-week low, from 70.52 a week ago.

The Oreninc Index fell in the week ending June 5th, 2020 to 47.29 from an updated 70.52 a week ago as the finance surge ebbs  

Last Week: 70.52 (Updated)
This week: 47.29

Summary

• Number of financings decreased to 35.

Junior #MiningStocks Investor Checklist How to Avoid Common Mistakes -Part 1: Team

Junior mining stocks - small publicly-traded companies looking to hit the jackpot with a big discovery - are well-known for offering both extremely High Returns, with the correspondingly High Risk.

In  order to help the investor separate the wheat from the chaff among the universe of thousands of available companies out there, Visual Capitalist, in partnership with Eclipse Gold Mining, is putting together a five-part series on the mistakes investors commonly make when evaluating mining exploration stocks. 

The first instalment covers the Management Team, focusing on what to look for, including the characters you’ll want to avoid! 

The second part covers the Business Plan, or lack thereof!  The upcoming parts in the series will cover jurisdiction, project quality, and more.

From Visual Capitalist:

Management Team Checklist

If you’ve ever researched mining exploration stocks before, it doesn’t take long to realize that every company will talk about how “great” their team is.

Here’s a few steps to ensure that the team is actually great — and not filled with pretenders.

Step 1: Avoid the Bad Characters

The mining stock universe can be filled with interesting and amusing characters, but many of them are not there to generate you a return. Here are the personas you should aim to avoid:

1. 

   The Pump n’ Dumper

   Accumulates stock at insanely low prices, raises money, and then uses gray-area promotional strategies. Sells stock as soon as price is high enough to make a profit.

2019 #Gold #Mining exploration budget recovery falters for the first time since 2016

For the first time since 2016, global nonferrous exploration budget decreased due to difficult market conditions and high-profile M&A activity.

• Estimated global nonferrous exploration budget falls 3% year over year to US$9.8 billion from US$10.1 billion in 2019

• Merger & acquisition activity in the mining sector is the key driver of budget reductions

• Base metals outpace gold as explorers decrease their gold budget by US$559 million year over year to US$4.29 billion — the largest decrease for any commodity

• Australia attracts largest budget increase, to surpass Canadian budget for the first time since 2001

See the whole report here:

bit.ly/MasterMetals

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Sprott Loves Silver, But Slashes Many Mining Stakes

Sprott Loves Silver, But Slashes Many Mining Stakes

Yahoo! Finance

the tickerspy.com Staff, On Monday May 16, 2011, 10:01 am 

 

Canadian commodity hedge fund manager Eric Sprott was shifting his precious metals-focused bets during Q1 as the huge bull run for gold and silver continued.

In recent months, Sprott has been particularly bullish on silver, as the metal went stratospheric before pulling back sharply in commodities trading. In an interview in early April, Sprott predicted silver could go to $100 an ounce and called it "the investment of this decade." In early May, he called the underperformance of silver miners as compared to the metal itself, "shocking."

A look at Sprott Asset Management's top-15 U.S.-listed equity holdings from the end of Q1 shows that the bullion-backed Sprott Physical Gold Trust ETV (NYSE: PHYS - News), which debuted in early 2010, remained the firm's largest position. Sprott also introduced a similar, silver-backed entity in late 2010, the Sprott Physical Silver Trust (NYSE: PSLV - News). Elsewhere, Sprott was putting capital to work, with a new stake in gold miner Extorre Gold Mines (AMEX: XG - News) and increased stakes in Yamana Gold (NYSE: AUY - News), Brigus Gold (AMEX: BRD - News), Eldorado Gold (NYSE: EGO - News), and Sprott Resource Lending (AMEX: SILU - News), a Sprott-controlled firm that provides funding for commodities companies. 

Elsewhere, Sprott was trimming stakes in Barrick Gold (NYSE: ABX - News), Golden Minerals (AMEX: AUMN - News), Alexco Resource (AMEX: AXU - News), Claude Resources (AMEX: CGR - News), IAMGold (NYSE: IAG - News) and Exeter Resource (AMEX: XRA - News). Sprott was reducing its largest silver bets in the three months ended March 31. Sprott slashed its Silver Wheaton (NYSE: SLW - News) and First Majestic Silver (NYSE: AG - News) stakes during the period, but the latter was nonetheless the firm's second-largest equity holding heading into Q2.

Looking at tickerspy.com's graph charting the performance of Sprott's end-of-Q1 holdings so far in Q2, one can see that the holdings have been quite volatile compared to the broader market. If you want to see how your performance stacks up to Sprott's or take a look at some of the other stocks it's invested in, visit tickerspy.com to see the firm's top holdings and a chart of their combined performance.

Pro portfolio performance is based on institutions' top-15 holdings as disclosed in quarter-end filings with the SEC. Pro performance does not take into account additional holdings beyond the top 15 nor does it include positions that are not required to be disclosed by the SEC. As such, Pro portfolio performance should be considered an approximation and not a precise record of how an institution has performed over time.

http://finance.yahoo.com/news/Sprott-Loves-Silver-But-indie-2810516445.html?x=0&.v=1

http://www.printfriendly.com/print?url=http://finance.yahoo.com/news/Sprott-Loves-Silver-But-indie-2810516445.html?x=0