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Frontline Rises, ConocoPhillips Gains, Royal Gold Drops as Gold and Silver Miners Fall
Published 4 days, 14 hours ago
Description
On this episode of Stock Movers:
- Frontline (FRO) shares are up with record-breaking profits driven by high spot tanker rates from global shipping disruptions.
- ConocoPhillips (COP) shares are climbing due to stronger-than-expected earnings and rising crude oil prices driven by geopolitical supply concerns
- Royal Gold (RGLD) shares drop as other gold and silver stocks fall. This comes as persistent tensions in the Middle East push up government bond yields and dent the appeal of non-yielding metals.
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