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

Fabrinet (NYSE:NYSE:FN) Q2 2023 Earnings Conference Call February 6, 2023 5:00 PM ETCompany ParticipantsGaro Toomajanian - Vice President of Investor RelationsSeamus Grady - Chief Executive...Read full newsRead More

Nutrien is incredibly undervalued if fertilizer prices do not decline as predicted by Wall Street analysts. Read more to see why I rate NTR stock a Buy.Read full newsRead More

PetMed Express, Inc. (NASDAQ:NASDAQ:PETS) Q3 2022 Earnings Conference Call February 6, 2022 4:30 PM ETCompany ParticipantsBrian Prenoveau - IRMatthew Hulett - President & CEOChristine...Read full newsRead More

Despite growth valuations falling by twice as much as value in 2022, the relative value of value remains well above historic averages.Read full newsRead More

The current period is similar to 1981 when inflation was high and the Fed was tightening. Click to read why six-month T-bills might be an attractive option.Read full newsRead More

I expect Sapiens International's top line growth to moderate over the coming years, owing to competition. Click here for my review of SPNS stock.Read full newsRead More

Zimmer Biomet posted strong revenue growth in 4Q22 with organic growth of 10% and an earnings per share of $1.88. Click here to read more about ZBH stock.Read full newsRead More

Take-Two Interactive Software, Inc. (NASDAQ:NASDAQ:TTWO) Q3 2023 Earnings Conference Call February 6, 2023 4:30 PM ETCompany ParticipantsNicole Shevins - Senior Vice President, Investor...Read full newsRead More

Pinterest, Inc. (NYSE:NYSE:PINS) Q4 2022 Earnings Conference Call February 6, 2023 4:30 PM ETCompany ParticipantsNeil Doshi - Head, Investor RelationsBill Ready - Chief Executive Officer...Read full newsRead More

Docebo is an enterprise SaaS company that delivers learning management systems for corporates. Click here to read my detailed analysis of DCBO stock.Read full newsRead More

iShares MSCI Pacific ex Japan ETF invests in Asia Pacific stocks, excluding Japan. The fund is probably undervalued. Click for our review of EPP.Read full newsRead More

I like the mid-teens valuation on Medtronic and its yield. Click here to read our analysis and why we think MDT stock is a buy.Read full newsRead More

Foot Locker, Inc.'s stock had a good 2023 start, nearly doubled from July's lows seven months ago. Click here to see our take on FL stock.Read full newsRead More

Novonix is a battery technology company that's looking to break into the synthetic graphite market. Click here to read my most recent analysis of NVX stock.Read full newsRead More

Moog's December results were okay on the top line, but once again weaker margins undermined performance relative to Street expectations.Read full newsRead More

The following slide deck was published by Fabrinet in conjunction with their 2023 Q2 earnings call.Read full newsRead More

Poseida is advancing a pipeline of its CAR-T portfolio that has both autologous and allogeneic/ off-the-shelf products. Click here for more on PSTX stock.Read full newsRead More

Micron expects negative DRAM and flat NAND growth in 2023 in contrast to competitors that see positive growth for both. Click here to see our take on MU stock.Read full newsRead More

AbbVie is approaching the Q4 earnings report facing a widely-recognized challenge. Click here to see our take on ABBV stock.Read full newsRead More

The market continues to move against the Fed's inflationary fight, as treasury yields are off their November highs and the yield curve inversion is steepening.Read full newsRead More