Markets Take a Breather
3 Minute Read:
Here's how some major markets/indexes performed in the last year:
(USD)
As of 02/21/2025 at 11:50AM PST
Brompton's Cash Flow Kings ETFs invest in mid- to large-cap companies with high free cash flow yields, focusing on companies that are attractively valued relative to their cash generating abilities.
Markets Take a Breather
North American markets hit a rough patch, with the TSX shedding over 150 points and U.S. stock markets also closing lower. The pullback comes as investors digest a mix of economic data, shifting interest rate expectations, and ongoing global uncertainties.
Why it matters: While the TSX felt pressure from declines in the energy and financial sectors, U.S. markets took a hit as rising bond yields dampened enthusiasm for equities. Investors remain cautious as they await further signals from central banks on the timing of potential rate cuts.
Bottom line: Volatility is making a comeback, and markets seem to be recalibrating after strong gains earlier this year. With earnings season winding down and economic indicators sending mixed signals, expect choppy waters ahead.
The annual PDAC 2025 Convention — The World’s Premier Mineral Exploration & Mining Convention will take place from March 2-5 in Toronto, Canada. The annual award winning PDAC Convention is widely considered the “Super Bowl” of the mineral exploration and mining community and is the leading event for people, companies and organizations connected to mineral exploration. For more information, please visit www.pdac.ca/convention
Steel Yourself for More Tariffs
Steel and aluminum stocks surged after reports that Donald Trump is considering a new round of tariffs on metal imports. The move, aimed at boosting domestic production, sent shares of U.S. steelmakers like Nucor and U.S. Steel sharply higher, while aluminum producers also rallied.
Why it matters: If implemented, these tariffs could push up raw material costs for industries reliant on metal, from automakers to construction firms. Investors are betting that domestic producers will benefit, but manufacturers using steel and aluminum may face higher expenses.
Bottom line: Markets are pricing in a potential repeat of Trump’s 2018 metal tariffs, which fueled short-term stock gains but also triggered retaliatory measures from trading partners. With trade policy back in focus, expect more volatility in industrial stocks.
With a robust financial position, Avino is debt-free, cash-flow positive, and holds $26 million in the bank, setting the stage for strategic expansion. Avino Silver & Gold Mines Ltd
Red Pine Exploration Inc. (TSX-V: RPX OTCQB: RDEXF) is unlocking the potential of its 100%-owned Wawa Gold Project in Ontario, leveraging historic mining data and a fully funded drill program to expand its resource base.
??? This Week's Selected Company News:
Damon Motorcycles Reports Q2 FY25 Results and Operational Progress
Damon Motors has released its Q2 FY25 results, highlighting key operational updates as the company advances its next-generation electric motorcycles. The company continues to push forward with production milestones while maintaining a focus on innovation and scalability. Financially, Damon reported progress in securing strategic partnerships and streamlining operations to support future growth. Investors and enthusiasts alike are watching closely as the company positions itself at the forefront of the EV motorcycle revolution.
KITS.COM (TSX:KITS) Reports Strong Preliminary Q4 and Full-Year 2024 Results
KITS Eyecare has announced its preliminary financial results for Q4 and full-year 2024, showcasing continued growth in its expanding eyecare platform. The company reported strong revenue performance driven by increased customer demand and operational efficiencies. With a focus on delivering high-quality, affordable vision care, KITS remains well-positioned for further expansion in 2025 as it continues to disrupt the online eyewear market.
Prime Mining Corp Outlines 2025 Plans for Los Reyes Project
Prime Mining Corp. has released its 2025 outlook for the high-grade Los Reyes gold-silver project in Sinaloa, Mexico. The company remains focused on resource expansion and advancing exploration, with ongoing drilling expected to enhance the project's scale and potential. Prime continues to optimize its geological model and assess strategic development pathways, reinforcing its commitment to unlocking value at Los Reyes.