Share Talk Weekly Stock Market News Review, Sunday 14th January 2024

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Gold, Cellular Goods,

Power Metal Resources PLC (AIM: POW) has entered into a preliminary Memorandum of Understanding (MoU) with the Ministry of Investment of the Kingdom of Saudi Arabia (MISA). According to the

Rule Of Law This week the Post Office was the news headline of note in the UK, and what a mirror on our society it has been. Apart from reminding

A growing number of tanker operators are avoiding the Red Sea, with several tankers altering their routes on Friday, as indicated by shipping data. This change in course follows overnight

Welcome to Weekend Markets, and this week it’s the Week 2 of 2024. In this weekly video podcast, the BizTech Academy and Zaks Traders Café take a light-hearted look at

SP Angel, a City broker, maintains a ‘buy’ recommendation for Union Jack Oil PLC (AIM: UJO), forecasting over a threefold increase in its stock market value. Analyst David Mirzai highlights

Senior officials have stated that Fujitsu should lose its £355 million contract for managing the Brexit border in the Irish Sea unless it compensates postmasters involved in the Horizon IT

Zak Mir talks to Anthony Chow, Co-Founder, of Agronomics, the venture capital firm, which invests in cellular agriculture. The expectation is that several Agronomics portfolio companies’ products gain regulatory approvals

In 2023, Russia’s federal budget saw a 24% decrease in income from oil and gas, totalling 8.822 trillion roubles ($99.4 billion), as reported by the finance ministry on Thursday. This

This week, the AIM All-Share Index displayed a less remarkable performance, although it did experience a rebound on Friday. This uptick followed the release of data indicating that the UK

On Friday, Air Astana declared its intention to proceed with its initial public offering (IPO) in both London and Kazakhstan, capitalizing on the surge in travel demand following the pandemic.

WTI (Feb) $72.02 +65c, Brent (Mar) $77.41 +61c, Diff -$5.39 -4c. Author @mgrahamwood USNG (Feb) $3.10 +6c, UKNG (Feb) 77.75p +0.25p, TTF (Feb) €31.265 +€0.295. Oil price Only those of

Today marks a significant day for earnings in the United States, with several major banks releasing their results. The initial market response appears to be unfavourable, as shares of JPMorgan,

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Gold, Audioboom, Cellular

Gold bounces as hotter-than-expected inflation fails to cool rate cut expectations MiFID II exempt information – see disclaimer below Caledonia Mining (CMCL LN) 925p, Mkt Cap £177m – Blanket delivers

2023 has been another year to forget for London’s Alternative Investment Market, or AIM, market. We highlighted in August that we expected this year to be one of the worst

Recent data indicates that Shell’s fuel stations in the UK are among the priciest, with the company’s UK outlets averaging 142.6p per litre for petrol and 151.2p per litre for

Investors who put their money into newly listed stocks in 2023 faced losses, as challenging market conditions led to few success stories among initial public offerings (IPOs), as per AJ

Chill Brands is growing exponentially — and the story is just getting started. Here’s what you need to know. by Charles Archer Chill Brands (LON: CHLL) is perhaps one of the

Oil prices surged following airstrikes by Britain and the US on Houthi rebels in Yemen, a response to assaults on Red Sea shipping routes that have impacted global trade. In

Caledonia Mining Corporation PLC (listed on AIM: CMCL and NYSE-A: CMCL) anticipates a steady gold production for the year 2024, targeting an output of 74,000-78,000 ounces from its Blanket mine

88 Energy Limited (ASX:88E, AIM:88E, OTC:EEENF) is pleased to provide an update in relation to the Hickory-1 flow testing program at Project Phoenix on the North Slope, Alaska. Highlights ·   Hickory-1 discovery

Economists predict Bitcoin will surpass $100,000 this year, following the US regulators’ decision to allow broader trading of the cryptocurrency. The Securities and Exchange Commission recently approved the first exchange-traded

Vincent Clerc, CEO of Maersk, the shipping industry leader, has issued a warning about potential long-term disruptions for ships navigating the Red Sea. This situation, sparked by a series of

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Gold, Advanced, African

Metals steady as focus turns to US for key inflation data and rate guidance MiFID II exempt information – see disclaimer below Bushveld Minerals* (BMN LN) – SPR equity investment

Cellular Goods Plc (LSE: CBX), a company specializing in developing next-generation skincare and wellness products, is pleased to announce that the Company is to change its name to Cel AI PLC. The Company

Eurasia Mining Plc (“Eurasia” or the “Company”), the palladium, platinum, rhodium, iridium and gold mining company, is delighted to announce that its subsidiary, Kosvinsky Kamen CJSC, has won litigation in

Oracle Power (ORCP), an international project developer, updated shareholders on the farm-in by Riversgold Ltd (ASX:RGL) on the Northern Zone Intrusive Hosted Gold Project, which is located 25km east of Kalgoorlie

The US Securities and Exchange Commission (SEC), after facing considerable pressure, has finally approved spot bitcoin exchange-traded funds (ETFs), concluding a 10-year-long narrative. This move allows a collection of ETFs

Nostra Terra (AIM: NTOG), the international oil & gas exploration and production company with a portfolio of development and production assets in Texas, USA, is pleased to announce growth plans

Shanta Gold reported that recent drilling results from its New Luika gold mine in Southwestern Tanzania, about the 2023 drilling activities, revealed promising intercepts in three distinct areas. Eric Zurrin,

Rainbow Rare Earths has reported promising results from its pilot plant operations in Phalaborwa, with activities taking place in both Florida and Johannesburg. In Florida, the company is conducting rare

Oracle Power PLC (AIM: ORCP), an international project developer, is pleased to update shareholders on the farm-in by Riversgold Ltd (ASX: RGL) (“Riversgold” or “RGL”), on the Northern Zone Intrusive

Economists forecast that inflation will dip below 2% by April or May, offering relief to mortgage holders anticipating a decrease in interest rates. Deutsche Bank analysts have observed a potential

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Gold, Cellular Goods,

European Central Bank Vice President Luis de Guindos has issued a warning that the eurozone might have slipped into a recession towards the end of the previous year, with ongoing

Newmont has temporarily ceased operations at the mill of its extensive Telfer mine in Western Australia due to safety issues related to the mine’s tailings facilities. The Australian reports that

Uranium equities rally as US Energy Department looks for supply MiFID II exempt information – see disclaimer below Aterian Plc* (ATN LN) – Update on JV with Rio Tinto in

Hummingbird (HUM) provided an update on the results of its open offer to its existing shareholders to raise up to c.US$5.0 million (£4.0 million). Author @ZaksTradersCafe The Open Offer is additional

On Tuesday, Bitcoin experienced a brief surge following a post on the US Securities and Exchange Commission’s (SEC) X account (previously known as Twitter), which claimed that the regulator had

Great Western Mining Corporation PLC (AIM – GWMO, Euronext Growth – 8GW), which is exploring and developing gold, silver and copper targets in Nevada, provides the following progress report on its 50%

ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to provide the following overview of its Lolworth Project in Queensland. The 2023 field work

Bitcoin (BTC) experienced a significant rebound during Tuesday’s European trading session, rallying from a low of $45,450 to approach the $47,000 mark once more. On Monday, the leading cryptocurrency surged

WTI (Feb) $70.77 -$3.04, Brent (Mar) $76.12 -$2.64, Diff -$5.35 +$40c. Author @mgrahamwood USNG (Feb) $2.98 +9c, UKNG (Feb) 77.10p -8.5p, TTF (Feb) €30.685 -€1.66. Oil price The flip-flopping of

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Gold, Angle, Agronomics,

Potential PBoC reserve ratio cut to boost metals demand outlook MiFID II exempt information – see disclaimer below Alcoa (AA US) –Curtailment of Kwinana Alumina Refinery Centamin (CEY LN) –

EDF is contemplating prolonging the lifespan of four of its nuclear reactors as part of the UK’s strategy to bolster its energy security. The company oversees eight nuclear power station

Mobile Streams  (MOS) announced a retail offer to existing retail shareholders via the BookBuild platform of up to £300,000 at 0.06p. Author @ZaksTradersCafe Comment: It might be hoped that after all the

Eden granted regulatory approval in the State of California for Mevalone Eden Research plc (AIM: EDEN), the AIM-quoted company focused on sustainable biopesticides and plastic-free formulation technology for use in the global crop

FTSE 250-listed recruitment company Hays PLC (LSE: HAS) encountered difficult trading circumstances in its second quarter, witnessing a 12% decrease in group fees year-on-year, as revealed in a recent update

Garfield Project: New Claims Yield High-Grade Gold-Silver-Copper Bedrock Discovery Samples Taken from Newly Staked Ground Return up to 22.7g/t Au Golden Metal Resources plc (LON: GMET/OTCQB: GMTLF), a strategic development

Premier African Minerals announced that drilling results from its Zulu lithium project in Zimbabwe have revealed promising grades in areas adjacent to the current mining activities. George Roach, the CEO,

Highlights ·   Gas prepayment agreement rolled over with CITIC Dicastal subsidiary, DIKA MOROCCO AFRICA (“DMA”), for a further $2.1 million for Q1 2024 gas deliveries. ·    The Company continues to work with CITIC Dicastal on a long-term prepayment

Slovenian JV Partner Initiates Insolvency Proceedings Ascent Resources Plc (LON: AST), the onshore Hispanic American and European focussed energy and natural resources company announces that it has been advised that Geoenergo

Denise Coates, Britain’s wealthiest woman, experienced a £7 million increase in her earnings, totalling just over £220 million last year, even though her family’s betting company, Bet365, reported a loss.

Goldman Sachs (NYSE: GS) forecasts a rise in the FTSE 100 to 7,900 this year, despite acknowledging certain “structural impediments.” The firm notes that factors such as low valuation, a

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, ADM Energy, Adams,

Uranium spot price holds over $90/lb as production cuts meet ETF and utility buying MiFID II exempt information – see disclaimer below Aterian Plc* (ATN LN) – Acquisition of copper

Critical Metals plc, operator of Molulu copper/cobalt project in the Democratic Republic of Congo (“Molulu”), is pleased to announce it has raised c. £215,000 at 9.5 pence per share (“the Placing”), the proceeds of which will be used

On Monday morning, crude oil prices experienced a downturn following Saudi Arabia’s announcement of significant price cuts over the weekend. Brent crude witnessed a drop of up to 1.5%, reaching

Argo Blockchain (ARB), a cryptocurrency mining group, announced it has raised, subject to Admission, gross proceeds of £7.8 million ($9.9 million) at a price per share of £0.205. ARB said the

For anybody who looks at the global- macro picture to make informed trading decisions then you will be well aware that the key drivers in FX markets are interest rates

Fourth Quarter 2023 Production and Operations Update ·    Production for the Quarter was 7.35 mm therms ·    Estimated revenues of £7.2m for the Quarter Gas volumes produced and sold from the Saltfleetby Field equalled 7.35 mm therms in aggregate

N4 Pharma Plc (AIM: N4P), the specialist pharmaceutical company developing Nuvec®, a novel delivery system for cancer treatments, gene therapy and vaccines, is pleased to provide a further successful update

New Year Outlook and Comments on Energy Security in Ireland to 2030 Publication With the completion of the recent equity placing following the Company’s General Meeting on 29 December 2023,

Helium One Global (AIM: HE1), the primary helium explorer in Tanzania, is pleased to announce that drilling at the Itumbula West-1 well commenced on 06 January 2024. Highlights ·    Drilling has commenced

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin,  Gold, Acquisition, Bluebird,

Welcome to the first episode of “Weekend Markets”, and this week it’s the Week 1 of 2024. In this weekly video podcast, the BizTech Academy and Zaks Traders Café take

Bank of America (BofA) analysts predict a challenging year for U.S. oil companies and refiners in 2024, as indicated in a note released on Friday. They anticipate the average price

It is difficult to look forward to 2024 without some degree of trepidation. After all, just because 2023 was exceptionally bad for most small caps, we are not necessarily due

In 2023, gold reached an unprecedented high, with silver following its ascent. Experts see no major obstacles to gold’s continued upward trend this year. Deutsche Bank analysts are upbeat about

This is ShareTalk’s New Year’s digest; a place where we look at some of the most promising small-cap companies across the risk spectrum to consider in the first quarter of

In the upcoming week, the stream of corporate updates intensifies, featuring prominent retailers such as Tesco, Sainsbury’s, M&S, and B&M, as well as high street brands like Greggs, Games Workshop,

Victoria, Australia presents a lucrative opportunity for those with an interest in gold. This precious metal has long been a symbol of wealth and prosperity, making it an attractive prospect

The parent company of Boots is reportedly contemplating a £7 billion public offering in London for the well-known pharmacy chain, reigniting discussions about its exit strategy two years after a

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Gold, ANGLE, Bluebird,