Resource Big News Roundup: Metallurgical Test Work Confirms Premium High Grade 65.8 Percent Iron Ore Concentrate with 0.67 Percent V205 at the Mont Sorcier Iron Ore and Vanadium Project, IsoEnergy Intersects Strongest Uranium Mineralization to Date at the Hurricane Zone

- February 14th, 2020

In case you missed it, here is this week’s resource big news roundup.

US stock index futures were up on Friday morning after a solid week of gains that saw a number of positive earnings reports. Tech giant Ndivia saw shares rise more than 6 percent in the pre-market on Friday as the company’s quarterly results soared past expectations. Tech companies including Expedia and Roku also saw sharp gains on Friday, jumping 11.8 percent and 7.8 percent respectively. While concerns regarding the coronavirus have tempered gains, the S&P 500 and the Dow Jones are each up more than 1 percent for the week after Thursday’s trading session.

In Canada, poor sales in the cannabis sector have caused continual cutbacks. Cannabis giants Canopy Growth Corporation (TSX:WEED,NYSE:CGC) announced this week it would be working to reduce costs as it adjusts to projected losses in the quarter. Licensed producers Supreme Cannabis Company (TSX:FIRE,OTCQX:SPRWF) similarly announced a 15 percent cutback this week on the heels of underwhelming sales numbers. The TSX Venture exchange jumped up 2.01 points to 573.01 early Friday morning.

In case you missed it, here is this week’s resource big news roundup:

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Precious

Energy

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