Daily Metals Mining Rundown for 13 June 2025 (intraday TSX)

Rundown of company announcements, valuations, and underlying metal prices, according to our compilation of publicly available information covering 9 important metals and more than 450 mining stocks, including mineral resource inventories, and including project NPV information for some 150+ developers.

Author

Host Rock Capital
June 13, 2025

Today’s metal price movements (over past ~28hrs) and mining company peer group movements intraday TSX/NYSE trading (including earlier ASX movements) include:

Top and bottom 40 daily performing metals mining company stocks (out of 457 in our Peer Table) intraday TSX/NYSE (including earlier ASX closing prices) include:

Covered metals mining company announcements incorporated into today’s after-market TSX Peer Table (resource updates, economic studies, changes in attributable project ownership) include:

  • 11 June 2025 - Nickel and cobalt developer Canada Nickel Company (TSX:CNC) announced a large maiden resource for another one of its secondary projects, the 80%-owned Mann West project near Timmins, Ontario, which company says is the third of eight new resources to be published this year. The resource was significantly larger than the large initial resource for CNC’s flagship Crawford project (also near Timmins), which has since grown and had a feasibility study completed. The Mann West resource estimate was reported to contain indicated resources of 0.95 Mt Ni (2.1 Blbs Ni) grading 0.23% Ni and contains inferred resources of 1.3 Mt Ni (2.9 Blbs Ni). The estimate looks to grow CNC’s company wide resources by 12% to 37.2 Blbs NiEq (91% from Ni, 9% from Co, at our estimated 3-month trailing average metal prices). CNC stock is down -15% over past week (at as 13 June) following this news and news of a brokered financing (later announced after-market 11 June) for up to C$8M. After adding 9.4 million new CNC shares (up to which will be issued in associated with this financing), CNC trades at a pro-forma market cap per lb resource of US$0.003/lb NiEq ($1.49/oz AuEq) and a P/NAV (market cap/post-tax NPV from Crawford FS) of 0.05x, resulting discounts of 91% and 45%, from our 15-company nickel developer peer group median market cap/lb of $0.04/lb NiEq ($17.7/oz AuEq) and median P/NAV of 0.09x.

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