Wall Street analysts covering Coeur Mining (CDE) are projecting sales of $768.6 million for 2017. That implies a 15.4% rise in revenue YoY.
Coeur Mining’s (CDE) management is focused on generating significant FCF. In 4Q16, FCF was -$4.5 million after having positive FCF in the first two quarters.
Coeur Mining (CDE) ended 2016 with an outstanding debt of $210.9 million. That’s 57.0% less than at the end of 2015.
Coeur Mining stated in its reserves and resources statement that its near-mine exploration targets have started to pay off.
Coeur Mining (CDE) has traditionally been a high-cost producer, thus suffering huge losses. Investor confidence in the stock has eroded.
In 4Q16, Coeur Mining (CDE) reported a record quarterly silver equivalent production of 10.0 million ounces.
Coeur Mining (CDE) was one of the most successful mining stocks in 2016, rising more than 268.0%. In 2017, its has become one of the worst performers.
As of March 23, 2017, 21 brokerage firms were actively tracking PPG Industries (PPG) stock.
Considering Akzo’s stock price growth, PPG Industries’ (PPG) revised offer of 90 euros per share seems attractive.
In the past three weeks, PPG Industries (PPG) has made two proposals in an attempt to take over rival AkzoNobel.
Global implications such as interest rate hikes, political stability, and market uncertainty play big roles in determining the prices of mining shares.
Precious metal funds like GLD and SLV have seen significant correlations to their respective precious metals.
Funds like GDX and RING)are closely linked to the performance of precious metals—especially to gold and silver.
On March 21, 2017, of the 18 analysts surveyed by Reuters, one had a “strong buy” recommendation on CF Industries, while five had “buy” recommendations on the company for the next 12 months.
When we visited CF Industries’ (CF) dividend yield in 2Q16, it was at a high of 5%. A higher dividend yield is a double-edged sword.
CF Industries’ (CF) earnings have been falling for the past five years, and it reported negative earnings in 4Q16.
Over the five years that ended in 2016, CF experienced a significant margin contraction. From 2012 to 2016, the company’s overall gross margin contracted from 50% to ~26%.
Earnings growth is perhaps the most important metric for public companies such as CF Industries (CF), PotashCorp (POT), Agrium (AGU), and The Mosaic Company (MOS).
Urea prices have fallen by an average of 14% annually over the past five years. The consistent fall has been due to falling energy costs, leading to lower production costs across the board.
In the commodities business, which includes CF Industries, PotashCorp, Agrium, and Intrepid Potash, companies don’t set fertilizer prices. Instead, they are the price takers.