In this series, we’ll analyze how analysts rate leading copper producers in 1Q17. We’ll also see how ratings have changed after 4Q16 earnings.
In the week ended February 24, 2017, the Fertilizer Affordability Index remained unchanged at 0.64x from the week prior.
MAP (monoammonium phosphate) is the second-most-used phosphate fertilizer after DAP (diammonium phosphate).
MOP (muriate of potash) is the key potash fertilizer (XLB) (SPX-INDEX) used globally.
In this part of the series, we’ll look at the weekly price movements for natural gas in the United States (MOO) (COMP-INDEX) at Henry Hub.
Last week was mostly positive for DAP (diammonium phosphate).
Urea is the most globally used nitrogen fertilizer.
In this weekly series, we’ll provide an update on fertilizer price movements for the week ended February 24, 2017.
The demand for platinum has been very fragile over the past few years due to concerns about sales of diesel-based vehicles.
Call implied volatility takes into account the changes in an asset’s price due to variations in the price of its call option.
Mining companies with high correlations to gold include Randgold Resources (GOLD), Yamana Gold (AUY), Pan American Silver (PAAS), and Coeur Mining (CDE).
Uncertainty in the market since Donald Trump’s victory in the presidential election has helped precious metals and precious metal mining companies.
Among the four precious metals, palladium was the leader until mid-February 2017. Its pace slowed down after that.
The gold-silver spread was trading at 68.5 on February 23, 2017. The spread suggests that it took 68.5 ounces of silver to buy a single ounce of gold.
Precious metal mining stocks are known to closely track the performances of their respective precious metals.
It’s important to understand which mining stocks have overperformed and underperformed precious metals.
Donald Trump’s victory in the 2016 US presidential election initially resulted in fear among precious metal investors.
Newmont Mining (NEM) generated positive free cash flow of $289 million in 4Q16 compared to FCF of -$138 million in 4Q15.
Of the 19 analysts covering Newmont Mining (NEM), 11 issued “buy” recommendations and seven issued “hold” recommendations on the stock.
Newmont Mining (NEM) ended 2016 with $2.8 billion in cash on hand, and it has one of the best credit ratings in the mining sector.