|Bid||9.72 x 1100|
|Ask||10.09 x 3200|
|Day's Range||9.72 - 9.79|
|52 Week Range||7.95 - 11.52|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||0.00%|
The U.S. plans to not renew Iran oil import waivers previously granted for a few countries, sending oil prices shooting up. A few sector ETFs will gain and some will lose from the move.
The first two holes completed in this summer’s drilling on the Iron Cap deposit at Seabridge Gold’s (SEA.TO) (SA) 100%-owned KSM project in north western British Columbia, Canada have intersected some exceptional widths of gold and copper mineralization with grades exceeding the KSM resource average (see map and cross-sections). This year’s principal exploration objectives were to test the down plunge projection of the high-grade core zone of the Iron Cap Deposit to the west of the current resource and evaluate the relative positioning between Iron Cap and the currently planned alignment of the Mitchell-Treaty Tunnel (MTT). Due to its proximity to the MTT and its higher grade, Iron Cap could potentially improve KSM’s economics by mining it before the Kerr deposit.
Frontline’s (FRO) YTD (year-to-date) returns were 27.9% as of June 28. It was the second-best performer among peers so far this year behind DHT Holdings (DHT), which had a YTD return of 30.6%.
According to the May FOMC meeting minutes, members are of the view that the US economy is continuing to grow at a moderate pace. The trend of improving economic conditions in the inter-meeting period continued at the May meeting, with FOMC members acknowledging strength in the employment market, increased household spending, and improved business investment.