Western Copper and Gold is trading 6.4% up at $2.48 after copper prices rallied on news that the Democratic Republic of Congo banned copper and cobalt concentrate exports, strengthening the outlook for copper miners.
- Copper reached near-record levels, and mining shares broadly advanced.
- Bitcoin rose 0.55% and Ethereum 0.60% since the previous close, but those modest moves are unlikely to explain the rally.
- Q2 results showed a $1.2 million loss, without published guidance or an explicit price connection.