Morning Briefing: Metals Jump, Selkirk Copper Grows MRE
It’s a mixed day. The S&P and Nasdaq futures are green, up 0.64% and 1.41% respectively.
Strong earnings, notably Microsoft posting a record $90.01 billion in quarterly revenue, gave markets a boost. However, the industrial sector saw a significant drop, plunging 3.24% due to weak sector earnings, guidance cuts, and macroeconomic pressures.
Metals are having a good day.
Gold is up 1% to $4,138. Copper is up 2.28% to $6.46 and oil is down 1.3% to $83.86.
This episode of Mining Stock Daily is brought to you by Revival Gold.
Revival Gold is one of the largest pure gold mine developer operating in the United States. The Company is advancing the Mercur Gold Project in Utah and mine permitting preparations and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”.
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