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10 Stocks Making Huge Moves Today
Insider Monkey· 2026-03-12 00:17
Ten stocks boasted strong gains on Wednesday amid a lackluster wider market, thanks to a flurry of corporate developments including partnerships, product launches, and analyst upgrades, among others.Meanwhile, Wall Street’s three major indices finished mixed, with the Nasdaq the only gainer, albeit by a mere 0.08 percent gain. The Dow Jones and the S&P 500 both fell by 0.61 percent and 0.08 percent, respectively.In this article we focus on the 10 top-performing stocks on Wednesday and detail the reasons beh ...
Market Open: Oil on watch after ships struck near Strait of Hormuz; Dow’s lowest close this year | March 12
The Market Online· 2026-03-11 21:30
Market Overview - Australian shares are expected to decline following a drop in Wall Street and the Dow Jones, which is at its lowest this year [1][2] - The ongoing conflict in the Middle East is contributing to market instability, affecting major indices like the Dow, S&P 500, and Nasdaq [2][4] Oil Market Insights - Oil prices are under pressure due to missile strikes on three commercial ships near the Strait of Hormuz, with Brent crude currently around US$93 per barrel [3][4] - The International Energy Agency (IEA) is set to release approximately 400 million barrels from strategic reserves, indicating concerns over oil price stability [3][4] Company News - Anthropic, an artificial intelligence company, plans to establish new operations in Sydney and is seeking partnerships with local policymakers and customers [5] - Lynas Rare Earths (ASX:LYC) has seen a 30% increase in stock price over the past month after signing a long-term supply agreement with Japan Australian Rare Earths, with a floor price of US$110 per kilogram for rare earths [6] - South32 (ASX:S32) is positioned to acquire BHP's $1 billion West Musgrave project, focusing on copper opportunities [6] - Marimaca Copper Corp (ASX:MC2) has reported significant drilling results at its Pampa Medina deposit in Chile, indicating potential for further exploration [6] Commodity Prices - The Australian dollar is trading at US$0.715 [7] - Iron ore prices have increased by 0.5%, currently at $104.25 per tonne [7] - Brent crude has risen by 6%, now priced at $93.03 per barrel [7] - Gold is trading at $5,192 per ounce [7] - US natural gas futures have increased by 6.9%, reaching $3.22 per gigajoule [8]
Should You Buy Rio Tinto Stock After a 64.9% Rally in 6 Months?
ZACKS· 2026-03-11 18:10
Core Insights - Rio Tinto Group (RIO) shares have increased by 64.9% over the past six months, significantly outperforming the industry growth of 31.8% and the S&P 500's return of 4.1% [1][6] - The stock closed at $91.68, nearing its 52-week high of $101.53, and is above both its 50-day and 200-day moving averages, indicating strong upward momentum [3][4] Performance Highlights - RIO's copper output rose by 5% year-over-year in Q4 2025, with total copper production reaching 883 kiloton (kt), an 11% increase year-over-year [9][11] - The company achieved its first copper production at the Johnson Camp mine in Arizona, utilizing proprietary Nuton technology for cleaner and more efficient copper recovery [10][11] - Iron ore shipments from the Pilbara facility increased by 7% year-over-year, while aluminum production rose by 2% due to improved operations [12] Strategic Developments - RIO secured a $1.175 billion financing package to develop the Rincon lithium project in Argentina, aiming for an annual production of 60,000 tons of battery-grade lithium carbonate starting in 2028 [15] - A joint venture with Aluminum Corporation of China Limited (Chalco) was established to acquire a controlling stake in Brazilian aluminum company CBA, enhancing RIO's green aluminum footprint [14] - The Rhodes Ridge joint venture approved a $191 million feasibility study for a major undeveloped iron ore deposit in Western Australia, targeting an initial production of 40-50 million tons annually [16] Challenges and Outlook - Despite solid performance, RIO faced challenges such as weather-related disruptions affecting iron ore volumes and temporary output reductions due to maintenance activities [17] - The Zacks Consensus Estimate for RIO's bottom line for 2026 has increased by 4.9% in the past 30 days, indicating positive market sentiment [20] - RIO is trading at a forward price-to-earnings ratio of 10.71X, below the industry average of 14.69X, suggesting potential undervaluation [22]
Strait of Hormuz closure threatens US bond market as gold eyes $6,000
KITCO· 2026-03-11 17:25
Core Insights - Jeremy Szafron has joined Kitco News as an anchor and producer, bringing a wealth of experience in journalism, particularly in finance and current affairs [1][5] Background and Experience - Jeremy began his journalism career in 2006 at CTV, initially focusing on entertainment before transitioning to business reporting, particularly in mining and small-cap sectors [2] - He gained recognition for his macro-financial and market trends analysis, becoming a sought-after commentator on CTV Morning Live and a regular on CTV News Network [2] - A significant highlight of his career was covering the 2010 Vancouver Olympic Games, which led to the development of an online video news program for PressReader, a digital newsstand with 8,000 editions in 60 languages [3] Digital Media Ventures - In 2012, Jeremy launched The Green Scene Podcast, which quickly attracted over 400,000 subscribers and positioned him as a prominent voice in the cannabis industry [4] - Following this success, he established Investor Scene and Initiate Research, platforms that provide exclusive market insights and deal-flow opportunities in mining and Canadian small-cap markets [4] Professional Roles - Jeremy has served as a market strategist and investor relations consultant for various publicly traded companies across mining, energy, consumer packaged goods (CPG), and technology sectors [5] - He holds a BA in Journalism from Concordia University, which has supported his diverse career trajectory [5]
Franco-Nevada tops fourth quarter earnings estimates
Proactiveinvestors NA· 2026-03-11 17:03
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
X @Bloomberg
Bloomberg· 2026-03-11 15:34
Chile’s new government moves to align more closely with Donald Trump, sealing accords on copper and lithium as Washington seeks to curb reliance on China and reset bilateral relations https://t.co/OQCVo5zQ2Z ...
Silver Hammer Prepares for Drill Program at Its 100% Owned California Patented Claim at The Eliza Project in Nevada
TMX Newsfile· 2026-03-11 15:30
Vancouver, British Columbia--(Newsfile Corp. - March 11, 2026) - Silver Hammer Mining Corp. (CSE: HAMR) (the "Company" or "Silver Hammer") is pleased to announce that the Company is finalizing plans for its Phase 1 drill program on its 100% owned California Patented Claim (the "California Patent"), within the Eliza Silver Project ("Eliza") in White Pine County, Nevada."We are looking forward to Phase 1 of drill-testing priority targets at the 100% owned California Patent, ahead of a Phase 2 drill program o ...
VALE Posts Strong 2025 Output: Can Expansion Drive Future Gains?
ZACKS· 2026-03-11 15:26
Key Takeaways VALE's 2025 output beat expectations with 336 Mt iron ore, 382 kt copper and 177 kt nickel production.Vale targets iron ore capacity of 360 Mt by 2030, backed by VGR1, Capanema and S11D crushing projects.Vale plans copper output of up to 700 kt by 2035 while guiding 175-200 kt nickel production in 2026.Vale S.A (VALE) delivered a strong operational performance in 2025, with iron ore, copper and nickel production exceeding expectations. Iron ore and copper output reached the highest levels sinc ...
Caledonia Mining Corporation Plc Notice of Q4 and FY 2025 Results and Investor Presentation
Accessnewswire· 2026-03-11 14:55
Caledonia Mining Corporation Plc Notice of Q4 and FY 2025 Results and Investor Presentation ELEMENT--Back to the Newsroom# Caledonia Mining Corporation Plc Notice of Q4 and FY 2025 Results and Investor Presentation(NYSE AMERICAN, AIM and VFEX: CMCL)SAINT HELIER, JE / ACCESS Newswire/ March 11, 2026 / Caledonia Mining Corporation Plc ("Caledonia" or "the Company") expects to publish its operating and financial results for the quarter and year ended December 31, 2025 on Monday 23 March, 2026.A remote presenta ...
Millennial Potash hosts Gabon's mining minister at PDAC conference in Toronto
Proactiveinvestors NA· 2026-03-11 13:52
Company Overview - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team operates from key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Utilization - Proactive is a forward-looking company that adopts technology enthusiastically to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]