Market movers: Nike, Black Swan Graphene, Endeavour Mining, Fresnillo, and Coinbase Global.

London-listed precious metals miners, such as Endeavour Mining and Fresnillo, fell 2.5% and 3.2% respectively, as gold prices declined below $3,300. Black Swan Graphene announced a distribution agreement with METCO Resources for its graphene-enhanced masterbatches in the Indian market. Nike shares surged 15% despite a rough Q4 report, while cryptocurrency firms Coinbase and Circle rose on renewed interest in stablecoins and growing expectations of US interest rate cuts.

London-listed precious metals miners, such as Endeavour Mining and Fresnillo, experienced a downturn on June 19, 2025, as gold prices fell below $3,300. Endeavour Mining's shares dropped by 2.5%, while Fresnillo's shares declined by 3.2%. The decline in gold prices, a key factor driving the performance of these companies, is likely to continue impacting their financial health.

Meanwhile, Black Swan Graphene Inc. (TSXV: SWAN) (OTCQX: BSWGF) (FSE: R960) announced a significant partnership with METCO Resources, a leading Indian supplier of specialty materials and polymers. Under this non-exclusive distribution and sales agreement, METCO Resources will distribute and promote Black Swan's graphene-enhanced masterbatches or GEM™ ("GEM") products across India's industrial, packaging, automotive, and construction sectors. This agreement marks a significant step in expanding Black Swan's global footprint and accelerating the adoption of graphene-based solutions in one of the fastest-growing markets in the world.

Michael Edwards, Chief Operating Officer of Black Swan, commented, "This partnership with METCO aligns with our strategy to collaborate with experienced regional players who understand the local market needs and have strong technical and commercial capabilities. India is a rapidly growing market for advanced materials, and we are excited to introduce our graphene-enhanced solutions to a broader audience through this collaboration."

Jitendra Mehta, Managing Director of METCO, added, "We are proud to partner with Black Swan, a recognized innovator in advanced materials. Their graphene-enhanced masterbatches offer tremendous potential to improve performance and sustainability in polymer applications. Our team is eager to bring these next-generation materials to Indian manufacturers seeking to gain a competitive edge."

Despite a rough Q4 report, Nike shares surged 15% on June 19, 2025. The company's strong performance in the sportswear sector is likely to drive investor confidence, despite the challenges faced in the previous quarter. Additionally, cryptocurrency firms Coinbase and Circle rose on renewed interest in stablecoins and growing expectations of US interest rate cuts.

References:
[1] https://www.gurufocus.com/news/2941285/questcorp-mining-announces-commencement-of-phase-1-work-at-the-la-union-gold-project-qqcmf-stock-news
[2] https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3189-tsx-venture/swan/182819-black-swan-graphene-and-metco-resources-announce-distribution-and-sales-agreement-in-india.html
[3] https://finance.yahoo.com/news/black-swan-graphene-metco-resources-113000853.html