Ryan Clarkson-Ledward

Ryan Clarkson-Ledward is one of Money Morning’s junior analysts. Ryan holds degrees in both communication and international business. He helps bring Money Morning readers the latest market updates, both locally and abroad. Ryan tackles all the issues investors need to know about that the mainstream media neglects. Ryan’s primary focus is assisting Sam Volkering with background research and insight for readers by dissecting the latest events affecting the world. Working closely with Sam, they explore the latest in small-cap and technology stocks as well as cryptocurrency opportunities. You can find Ryan’s contributing research, developments, and supporting information across several e-letters, including:

Why Evolution Mining’s Share Price Has Been Rising over the Last Year

Today, Evolution Mining announced its preliminary 2019 financial year operating results, as well as next year’s guidance.Gold production between the June 2019 quarter, sat around 194,886 ounces, with an All-in Sustaining Cost (ASIC) of $915 per ounce.Additionally, the company says cash generation of $109.4 million has thrust Evolution to a net cash position of $35.2 million as of 30 June.

Why Pilbara’s Share Price Retreated 2.91% Today

Pilbara shares lifted 5% yesterday after the company announced that it had inked a deal with Chinese automaker Great Wall for early delivery of 20,000 tonnes of product a year over six years starting from next month. The miner also advised that shipped tonnes for the June quarter had come in at 43,214 tonnes, representing the higher end of previously revised guidance range of 23,000–45,000 tonnes.

THC’s Share Price Up 10% after Gaining Licence| ASX:THC

The manufacturing licence is really a breakthrough for THC Global, positioning it in one of the biggest growth industries on the market.For investors interested in cannabis, this is exciting news. It is also potentially exciting news for THC’s share price outlook — more production, means more product and hopefully more revenue.

Why BHP’s Share Price Fell 1.77% Yesterday| ASX: BHP

BHP’s fall could be partly due to a statement made by a Chinese official Friday afternoon, confirming plans of cracking down on the excessive costs of the steel-making ingredient.Given the fact that China is the world’s biggest steel producer, it was inevitable that there would be ripple effects from the inquiry, hitting not only BHP but also Rio Tinto, whose share price fell 0.50%. Both Aussie companies produce a lot of iron for the world market and China is one country with high demand for it.

Hub24’s Share Price Drops 3.72% on Changes in Substantial Holding

According to the announcement, a substantial holder by the name of FMR LLC, otherwise known as Fidelity Investments — a privately owned investment manager based in Boston — sold a grand total of 3,005,279 HUB shares, ceasing their holdings in the company.This has presumably caused a degree of panic amongst existing shareholders, seeing as FMR had a pretty sizable influence on the company.

Iron Ore Prices Slump Back Down after Chinese Market Complaints

According to the Australian Financial Review (AFR), a top official on behalf of China’s steel industry said Beijing was getting ready to crackdown on soaring prices.Iron ore market has also been hit by supply disruptions, as weather plagues supply chains. Last month Rio Tinto cut production outlook after issues with its mine, adding further to supply shortages.
Money Morning Australia