The Five Gold Stocks Wall Street Is Loving Lately
Gold miners usually act as a leveraged play on gold prices. In 2018, the VanEck Vectors Gold Miners ETF (GDX) fell 9.3%, amplifying the 1.9% fall in gold prices (GLD).
Materials
Which Senior Gold Miners Are Analysts Loving Lately and Why?
In this series, we’ll consider recommendations, target prices, estimates, and potential upsides and downsides for senior gold miners.
How Do Gold Miners’ Leverage Ratios Look?
Barrick has reduced its debt more than 57% in the last four years from $13.4 billion at the end of 2014 to $5.7 billion at the end of 2018.
How Gold Miners’ Costs Stack Up
Barrick Gold (GOLD) reported AISC of $788 per ounce and a cost of sales of $980 per ounce in the fourth quarter.
Air Products and Chemicals Completes Acquisition of ACP Europe SA
In a press release today, Air Products and Chemicals (APD) announced that it had completed its acquisition of ACP Europe SA.
Why Did Barrick Gold’s Reserves Fall in 2018?
At the end of 2018, Barrick Gold (GOLD) reported mineral reserves of 64.5 million ounces—a decline of 3.4% YoY.
Buffett versus Dalio on Gold: Whose Advice Should You Take?
When it comes to investing in stocks, Berkshire Hathway’s (BRK.A) chair, Warren Buffett, and Bridgewater’s founder, Ray Dalio, have similar advice.
Can Newmont Mining Outperform Its Peers in 2019?
Newmont Mining (NEM) reported its fourth-quarter earnings results before the market opened on February 21.
Analyzing Alcoa’s 2019 Outlook
On paper, aluminum’s fundamentals look strong. Aluminum markets were expected to be in a deficit of 1.5 million metric tons last year.
Is Cleveland Cliffs’ HBI Plant an ‘Underappreciated’ Opportunity?
After Cleveland-Cliffs’s (CLF) debt repayment concerns were taken care of, it started refocusing on growth.
What China’s Steel Price Trends Could Mean for Iron Ore Miners
Bumper margins prompted Chinese steel mills to continue increasing their output.
LyondellBasell: Analysts’ Views and Recommendations
For LyondellBasell, 30% of the analysts recommended a “buy,” 65% recommended a “hold,” and 5% recommended a “sell.”
APD’s Q4 2018 Earnings Beat Estimates, Revenues Missed
On November 6, Air Products and Chemicals reported revenues of $2.30 billion for the fourth quarter.
Celanese Increases Prices of Ethyl Acetate in the Americas
On October 22, Celanese (CE) announced that it would be increasing the prices of ethyl acetate in the Americas region.
Sherwin-Williams: Analysts’ Recommendations
For Sherwin-Williams, 64% of the analysts recommended a “buy,” 36% recommended a “hold,” and none of the analysts recommended a “sell.”
Analyzing Sherwin-Williams’s Ability to Service Its Debt
Sherwin-Williams’s (SHW) interest expense has increased significantly due to borrowings for the Valspar acquisition.
What Are Institutional Investors’ Positions on Celanese?
Second-quarter 13F SEC filings indicate that institutional investors own 95.3% of Celanese’s (CE) outstanding shares.
Are DAP Prices Outside the US Reversing?
DAP (diammonium phosphate) prices have been rising lately.
PPG Industries Stock since Its Q1 2018 Earnings
PPG Industries (PPG) has announced that it will announce its second-quarter earnings on July 19 before the market opens.
DAP Prices Continue Their Significant Rise
Last week, DAP prices in Tampa rose the most, rising 1.7% week-over-week to $427 per metric ton, from $420 per metric ton.
What’s the Impact of Interest Rates on Precious Metals?
Monetary policies have been crucial in determining the movement in precious metals.
What’s the Energy Sector’s Dividend Yield?
Of all the energy segments, the oil and gas transportation services segment noted the highest dividend yield.
A Look at the Basic Materials Sector’s Dividend Yield
Of the various industries in the basic materials sector, integrated mining noted the highest dividend yield.Materials Are Analysts Optimistic about Miners?
Despite the ongoing slump in the precious metals market, it seems that there could be hope going forward.
Monoammonium Phosphate Prices and Mosaic’s Views on Brazil
Like DAP (diammonium phosphate) prices last week, MAP (monoammonium phosphate) prices were broadly flat to positive WoW (week-over-week) but stayed higher YoY (year-over-year).
A Quick Look at the Technicals of the 4 Precious Metals
Gold’s price dipped 0.13% to $1,312.8 per ounce on May 9. The fall in gold was extended for a number of reasons.
Analyzing U.S. Steel Corporation’s Disclosure Policy
Earlier this year, U.S. Steel Corporation provided its sensitivity to spot steel prices, the quarterly EBITDA guidance, and annual guidance.
What to Expect from Mosaic’s 1Q18 Earnings
Mosaic is expected to report EPS of $0.28 in 1Q18, which would be a significant rise from its EPS of $0.04 in 1Q17.
W. R. Grace Bags New UNIPOL Technology Client
On April 24, W. R. Grace (GRA) announced that it would be licensing its UNIPOL PP Process Technology to Inter Pipeline to be used in its Heartland Petrochemical complex in Alberta, Canada
How Did DAP Prices Move Last Week?
Last week, the DAP prices in the NOLA region rose by 53 basis points to $344 per metric ton from $342 per metric ton.
Comparing Mining Stocks’ Correlation with Gold
Mining stocks tend to move with gold prices. In this part, we’ll analyze the correlation between gold and four mining stocks.
How Olin Stock Has Fared in 2018 Year-to-Date
On a year-to-date basis, until March 19, 2018, OLN stock has fallen 15.5%.
Ranking OFS Companies by Their Valuation Multiples
Flotek Industries’ (FTK) forward EV-to-EBITDA multiple is at the steepest discount to its current EV-to-EBITDA multiple on March 9, 2018.
Why Seaborne Iron Ore Prices Might Not Impact Cleveland-Cliffs Much
Iron ore prices showed a lot of volatility in 2017, which is continuing well into 2018.
How Moderating US Vehicle Sales Could Affect Nucor
Nucor (NUE) has been expanding its footprint in the automotive sector. It’s worth noting that US vehicle sales have shown signs of moderation after sales hit a record high in 2016.
How US Steel Import Tariffs Could Affect Cleveland-Cliffs in 2018
US steelmakers (SLX) were facing an onslaught of increasing steel imports into the US, which impacted their capacity utilization and pricing power negatively.
How Is the Volatility Index Impacting Gold?
Another critical factor that has been affecting the price movement of precious metals is overall market volatility.
Understanding Freeport’s Capital Allocation Strategy
As copper market conditions have improved, companies have also taken another look at their capital allocation strategies.
Urea Prices Rose Last Week
Urea prices for the standard grade in the NOLA (New Orleans) region of the US and in Egypt saw the steepest weekly change last week.
Newmont Mining’s Project Pipeline Is as Strong as It Gets
Newmont Mining’s (NEM) has one of the best project pipelines in the sector (GDX)(GDXJ)—stronger than Kinross Gold (KGC), Barrick Gold (ABX), and AngloGold Ashanti (AU).
Reviewing Albemarle’s Stock Performance since 3Q17
Albemarle (ALB) is set to announce its 4Q17 results after the market closes on February 27, 2018.
Cleveland-Cliffs Stock Rises on Tariff Recommendations
On February 16, 2018, the US Department of Commerce released its recommendations for the Section 232 probe into steel and aluminum imports.
How Analysts View Copper Miners amid the Market Carnage
The repercussions of the equity market carnage are evident in commodity markets. Copper, which some analysts see as an indicator of the global economy’s health, has come off its 2018 highs.
How Potash Prices Performed Last Week
In the week ending January 26, potash prices at the locations discussed below were broadly flat to positive and remained strong compared to levels observed a year ago.
Iron Ore: China’s Property Market Shows Signs of Weakness
It’s vital for iron ore investors to track movements in the Chinese real estate market (TAO). This sector constitutes more than 50% of the total steel consumed in the country.
Freeport-McMoRan’s 4Q17 Earnings: What You Need to Know
Freeport-McMoRan (FCX) reported its 4Q17 earnings on January 25, 2018. The company reported an adjusted net income of $750 million.
Analyzing Miners’ Correlations with Gold in January 2018
In this part of the series, we’ll analyze the correlations of the movements of a group of mining stocks with gold.
Reading the Technicals and Price Movements of Mining Stocks
In this article, we’ll do a technical analysis of a few select mining stocks. When investing in mining stocks, it’s crucial to read their indicators.
Analyzing U.S. Steel Corporation’s 4Q17 Earnings Call
During the 4Q17 earnings call, analysts will carefully watch U.S. Steel Corporation’s 2018 guidance.
BHP Billiton: Recent Wall Street Upgrades and Downgrades
Of the 18 Wall Street analysts currently covering the BHP Billiton’s (BHP) stock, 61% rate it as a “buy,” 28% recommend a “hold,” and the remaining 11% have a “sell” recommendation on the stock.