The AOCE and WB have moderate overall forecasts for the metals in 2025 inline with IMF forecasts for a decline in economic growth and inflation, although we see the probability of a stagflationary scenario as still reasonably high.Read More
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
Marathon Digital has underperformed peers since I called the stock a sell in September. Find out why I'm upgrading my rating on MARA stock.Read full newsRead More
The March Employment Situation Report has the potential to set the tone for US bond and equity markets for many weeks. Read why investors should pay close attention.Read full newsRead More
FTAI Aviation is an aerospace company that owns aircraft and aircraft engines which it subsequently leases. Click here to read our most recent analysis.Read full newsRead More
Extreme Networks, Inc. offers strong growth, low debt, a good return on share issuance, and high employee morale. Click here to read why EXTR stock is a Buy.Read full newsRead More
Union Pacific Corporation is using debt to maintain the status quo of buying back shares and increasing dividend payments. Find out why UNP stock is a Hold.Read full newsRead More
Richardson Electronics, Ltd. (NASDAQ:NASDAQ:RELL) Q3 Fiscal Year 2023 Conference Call April 6, 2023 10:00 AM ETCompany ParticipantsEdward J.Read full newsRead More
China Eastern Airlines Corporation stock could provide a chance to capitalize on the Chinese recovery, but risks are clear. Read my earnings analysis of CEAYY.Read full newsRead More
Silver's break above downtrend resistance going back to 2021 suggests a potential surge higher for metal and for iShares Silver Trust ETF. Click here to read why SLV ETF is a Buy.Read full newsRead More
LifeStance Health Group's position in the market has optimistic and pessimistic prospects, depending on different factors. Click here for more on LFST stock.Read full newsRead More
Altice stock is down over 90% from 2021 peak and its market cap is already a tiny sliver of the capital structure. Click here to read why ATUS stock is a Strong Buy.Read full newsRead More
Investors are betting big against TD Bank, with short positions totaling $3.7 billion. Click here to find out why I rate TD stock a hold.Read full newsRead More
Yancoal Australia Ltd is a leading low-cost producer of metallurgical and thermal coal primarily used for power generation. Find out my analysis of YACAF stock.Read full newsRead More
Philip Morris has outperformed the broader indexes in the past year, and I expect the trend to continue. Click here to read my analysis of PM stock.Read full newsRead More
First Trust Preferred Securities and Income ETF is massively overweight in financials and has a large exposure to banks. Read more to see why FPE ETF is a Hold.Read full newsRead More
Navios Maritime's contracted revenue is high, and the market outlook is getting better. Click here to read my most recent analysis of NMM stock.Read full newsRead More
Tejon Ranch's shares rally periodically on hopes of development but these have always fizzled. Find out why TRC stock is a Hold.Read full newsRead More
SL Green is a real estate investment trust that is exposed to refinancing risk, while office vacancies are rising. Find out why I rate SLG stock a sell.Read full newsRead More
Richelieu Hardware Ltd. (OTCPK:RHUHF) Q1 2023 Earnings Conference Call April 6, 2023 3:00 PM ETCompany ParticipantsRichard Lord - President and Chief Executive OfficerAntoine Auclair - Vice...Read full newsRead More
ShotSpotter, Inc.'s shares have seen continued growth since its IPO. Click here to read why SSTI stock is a Hold.Read full newsRead More
Semiconductor industry has enjoyed a great decade of growth. It came with great promise and has delivered on its promises. Read what investors need to know.Read full newsRead More