The past year was a difficult one overall for the metals, with the main standouts to the upside being a geopolitical risk-driven gain in gold, a China-driven rise in iron ore and a surge in uranium on broadening global support for nuclear power (Figure 1). A jump in global interest rates to near two-decade highs saw recession fears persist all year, and while one still did not actually eru...Read More
This year the post-global health crisis boom was brought to an end by a surge in inflation to forty-year highs, a major rise in global interest rates in an attempt to curb the rising prices and surging geopolitical risk after Russia's invasion of Ukraine. While precious metals held up reasonably well as markets turned to them as a risk hedge, by Q2/22 the higher interest rates put an end t...Read More
Chile is the world leader in copper production, at 28.5% of the total in 2020, and this looks set to continue, with the country having the largest global reserves, at 23.0% of total. It is also the global leader for molybdenum, which is often found along with copper, and is a major lithium player, holding 51.1% of global reserves. Read More
Newfoundland has become a gold exploration hotspot over the past few years, with the sector seeing some of its strongest activity ever. While the province remains a small contributor to Canadian gold production, it has a substantial mineral industry well supported by the government, focused on iron ore, copper and nickel, and the surge in exploration suggests that gold output from the...Read More
Nevada is the core of the U.S. gold output, accounting for by far the majority, at 75.4% on average for the past year. The state looks set to remain a dominant player in U.S. gold, as it accounts for 49% of total U.S. reserves, with Alaska slightly ahead with 51% of reserves, but just 8.6% of current production. The U.S. accounts for 6.1% of global gold output, making Nevada one of the largest gol...Read More
The Golden Triangle in northwestern British Columbia has historically been a major site of Canadian gold production, beginning as early as the mid 1800s. There was a wave of production in the 1990s which cooled as the gold price declined, but larger scale production resumed in 2017, and the area has seen surging exploration interest over the past year, given that the region has some of the largest...Read More
In this report we outline the Quebec gold mining industry, including its major producers, and a survey of many of the junior miners focused on the province. Quebec accounts for 34% of Canadian gold production (second to Ontario, with 44%) and remains a major focus for both producers and junior miners.Read More
Red Lake has been one of the most prolific gold mining districts in Canada and the world, with exploration having started in the 1920s, and production, which began in the 1930s, continuing to the present day. The district is known for the high grade of its gold, its infrastructure, and strong institutional support, given the long history of mining in the area.Read More
The Russell 2000 Index carries five times the negative earnings exposure as its large cap counterpart, along with higher relative debt burdens.Read full newsRead More
Stock futures rose and yields crept higher following a better-than-forecast March jobs report. Read why upside could be ahead in the commodities space, including the GSG commodities ETF.Read full newsRead More
Over the 47-year period since 1975, value stocks with high ROE ratios outperformed the value universe of stocks for the one-year period after the curve first inverts by an average of 4.8%.Read full newsRead More
A number too hot will stoke inflation concerns. A number too cold will stoke recession concerns. Read why March jobs number is just right for a soft landing.Read full newsRead More
AFYA has been outperforming the sector median in most metrics, and should continue to do so over the next couple of years at least. See why AFYA stock is a buy.Read full newsRead More
Global Ship Lease is a buy based on its attractive well-covered dividend yield, lower leverage, and its better-than-average earnings prospects. Read more about GSL here.Read full newsRead More
Markets climbed in Q1 despite the unexpected banking crisis, with S&P 500 gaining 7.5% with dividends. However, markets are yet to appreciate downside risks as macro conditions deteriorate.Read full newsRead More
Airbnb (ABNB) got hammered into the close yesterday, as The Bear Cave issued a short report. See why we move to the sidelines after our Sell rating in February.Read full newsRead More
Too much growth is priced into today's valuation, and Chipotle trades at very rich multiples compared to its peers. Find out why CMG stock is a Sell.Read full newsRead More
The Duckhorn Portfolio reported Q2 2023 financial results on March 8, 2023. Click here to read why I'm on a Hold for NAPA stock in the near term.Read full newsRead More
Union Pacific is down more than 22% from its all-time high. Click here to read why investors should consider UNP stock for long-term stable dividend growth.Read full newsRead More
Applied Digital Corporation (NASDAQ:NASDAQ:APLD) Q3 2023 Earnings Conference Call April 6, 2023 9:00 AM ETCompany ParticipantsAlex Kovtun - IR, Gateway Group, Inc.Wes Cummins - Chief...Read full newsRead More
abrdn Physical Silver Shares ETF has hit highs due to what appear to be very short-lived factors. See why this could pose a significant risk to SIVR ETF investors.Read full newsRead More
For Q1 2023, the Palm Valley Capital Fund increased 3.01%. Click here to read the full fund letter.Read full newsRead More
The following slide deck was published by WD-40 Company in conjunction with their 2023 Q2 earnings call.Read full newsRead More
WD-40 Company (NASDAQ:NASDAQ:WDFC) Q2 2023 Earnings Conference Call April 6, 2023 5:00 PM ETCompany ParticipantsWendy Kelley - Vice President, Stakeholder, and Investor EngagementSteve...Read full newsRead More
Block is down following a short report from Hindenburg. Click here to learn why I think it is a good time to Buy SQ stock.Read full newsRead More
ClearSign Technologies Corporation (NASDAQ:NASDAQ:CLIR) Q4 2022 Earnings Conference Call April 6, 2023 5:00 PM ETCompany ParticipantsMatthew Selinger - Firm IR GroupBrent Hinds - Vice...Read full newsRead More
CrowdStrike Holdings, Inc. (NASDAQ:NASDAQ:CRWD) Investor Briefing April 4, 2023 4:00 PM ETCompany ParticipantsMaria Riley - VP, IRGeorge Kurtz - President, CEO and Co-FounderMichael...Read full newsRead More
Seadrill Limited (NYSE:NYSE:SDRL) Q4 2022 Results Conference Call April 5, 2023 9:00 AM ETCompany ParticipantsDavid Warwick - IRSimon Johnson - President and CEOGrant Creed - EVP and...Read full newsRead More