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IPFS News Link • Wall Street

Regulators to take steps against short selling

05-04-2021 • arclein

Mining companies have been frequent targets. In the past decade, Silvercorp Metals, Pretium Resources, Asanko Gold and Northern Dynasty Minerals have been caught in particularly high-profile campaigns. Most recently, Novagold Resources sued J Capital Research for defamation in a New York court over the firm's May 2020 report that questioned the viability of the company's Donlin gold project in Alaska, a joint venture with Barrick Gold. The miner's stock took a tumble from roughly $16 to $10.75 in the 10 days following the report and is trading around $11 as of press time.

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Reported By robert klein

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