Market movers: Stocks that saw action on Friday - and why Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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A roundup of some of the North American equities making moves in both directions today
On the rise
Wheaton Precious Metals Corp. (WPM-T) was up after announcing it has entered into a definitive Precious Metal Purchase Agreement with
Capstone Mining Corp. (CS-T) in respect to the Cozamin Mine located in Zacatecas, Mexico.
1.
The Minority Shareholders of ZCCM-IH had noted the following facts presented in the press : – December 12, 2019 : “First Quantum Minerals (FQM) directors have been accused of misappropriating $520 million by fraudulently diverting it to a sister company. Investigations are still at the initial stage but basic facts are that, on 26 August 2019, First Quantum directors acting together with their appointed directors in Kansanshi Mining Plc transferred $520 million USD belonging to Kansanshi Mine to a sister company, without following laid down procedures and without the approval of the Kansanshi mining PLC Board.
The suspects have been named as Philip PASCALL, Arthur PASCALL, Clive NEWALL, Rudi BANDENHORST, Hannes MEYER, LAMASWALA, Chisanga CHEKWE and Dr Godwin BEENE.
The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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Inside the Market’s roundup of some of today’s key analyst actions
Raymond James analyst Daryl Swetlishoff hiked his 2021 commodity forecasts for forest products on Thursday, pointing to “unseasonably strong” markets and a bullish homebuilding outlook.
In a research noted titled
Santa Claus Rally Sparks Earnings Revisions, he declared a lumber “super-cycle is here.”
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