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
Introduction. Banking woes ? la Savings & Loan crisis in the US.Read full newsRead More
Carvana will still burn a lot of cash given its high interest expense, even at EBITDA breakeven. Find out why I'm bearish on CVNA stock.Read full newsRead More
MIDD 4Q22 results showed strong performance in the CF and FP divisions. See why I recommend a hold rating due to visible headwinds ahead in the near-term.Read full newsRead More
The economic data renaissance combined with the threat of financial sector instability leaves central banks with difficult choices.Read full newsRead More
Ascend Wellness is an MSO that analysts have recently been discussing on Seeking Alpha and championing on this podcast. CFO, interim co-CEO Dan Neville on Q4 earnings, cash and debt.Read full newsRead More
Altair Engineering provides software and cloud solutions in the United States and internationally. Click here to read my analysis of ALTR stock.Read full newsRead More
A decline in revenues YoY shows Artisan Partners is not immune to downturns. Is APAM stock a buy? Click here for our take.Read full newsRead More
Goal of Direxion Daily Gold Miners Index Bull 2X Shares is to deliver 2 times the daily performance of NYSE Arca Gold Miners Index. Read my analysis of NUGT ETF.Read full newsRead More
If/when it appears the California handgun roster is over, Smith & Wesson becomes a very attractive investment. Click here to see our take on SWBI stock.Read full newsRead More
Besides its current market, Park City is focusing on food traceability solutions in preparation for industry's adaptation to FDA's implementation of FSMA 204. Read more about PCYG here.Read full newsRead More
Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:NASDAQ:OLLI) Q4 2022 Earnings Conference Call March 22, 2023 8:30 AM ETCompany ParticipantsLyn Walther - ICRJohn Swygert - President and Chief...Read full newsRead More
KBA is worth a look for investors looking to ride the China reopening theme via A-shares. Read more about KraneShares China ETF here.Read full newsRead More
Exxon Mobil Corporation is transitioning from a strictly cyclical stock with decent income to a growth and income model. Read my analysis of XOM stock.Read full newsRead More
Robotaxi service not only saves costs for both the company and the user but Uber also avoids potential labor issues. Click here to see our take on UBER stock.Read full newsRead More
Horizon Technology and other VC-focused BDCs have suffered valuation pressure after Silicon Valley Bank's failure more than a week ago. Read more about HRZN here.Read full newsRead More
QYLD ETF's long-term performance record and declining net asset value should be of concern to investors. Learn why passive income investors should avoid QYLD.Read full newsRead More
iShares iBonds 2024 Term High Yield and Income ETF is an exchange traded fund launched by BlackRock, Inc. Click here to read my analysis of IBHD ETF.Read full newsRead More
Alvopetro Energy Ltd. (OTCQX:ALVOF) Q4 2022 Earnings Conference Call March 22, 2023 11:00 AM ETCompany ParticipantsCorey Ruttan - CEO and PresidentAlison Howard - CFOAdrian Audet - SVP,...Read full newsRead More
UBS was probably the only possible buyer for CS, and it got an even sweeter deal than Barclays got. Click here to read what investors need to know.Read full newsRead More
HealthEquity, Inc. (NASDAQ:NASDAQ:HQY) Q4 2023 Earnings Conference Call March 21, 2023 4:30 PM ETCompany ParticipantsRichard Putnam - Investor RelationsJon Kessler - President and Chief...Read full newsRead More