AUST Stock Earnings: Austin Gold Reported Results for Q2 2024
Austin Gold Q2 2024 Results: Austin Gold reported a second quarter earnings per share of -5 cents and did not generate any revenue for the period.
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U.S. Stocks Mixed in Morning Trade, Dow Jones Slightly Up
- Market Performance: U.S. stocks opened mixed on Thursday, with the Dow Jones gaining approximately 0.1%, specifically up 0.05% to 49,042.28, while the NASDAQ fell 0.34% to 23,776.71, and the S&P 500 dipped 0.01% to 6,978.03, indicating a divergence in market sentiment.
- Sector Dynamics: Communication services shares rose by 2.5% on Thursday, contrasting with a 1.7% decline in information technology stocks, reflecting differing investor sentiments across sectors that could influence future capital flows.
- Tesla Investment: Tesla Inc. reported better-than-expected fourth-quarter results and announced plans to invest approximately $2 billion into CEO Elon Musk's AI startup, xAI, highlighting its strategic focus on AI development.
- Commodity Market: On Thursday, oil prices rose by 4.9% to $66.29, gold increased by 5.2% to $5,578.80, silver climbed 6.3% to $120.735, and copper surged 10.8% to $6.5645, indicating a strong rebound in the commodities market.

Maxim Group LLC to Host the “2025 Mining Conference: Mining & Supplying Critical Minerals & Precious Metals” on Thursday, January 16th at 9:00 a.m. E.T.
2025 Mining Conference Announcement: Maxim Group LLC and M-Vest are hosting a virtual conference on January 16, 2024, focusing on trends in mining and supplying critical minerals and precious metals, with discussions led by Senior Research Analyst Tate Sullivan.
Impact of U.S. Presidential Inauguration: The upcoming U.S. presidential inauguration is expected to influence how mining companies supply critical minerals, particularly affecting demand changes for these resources in 2025.






