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
Gold stock sentiment remains neutral. The extreme bearishness surrounding recent stock panic grade lows has vanished, but widespread greed hasn't replaced that universal herd fear yet.Read full newsRead More
European Wax Center is a fundamentally sound business, but here's why EWCZ stock is a hold currently. Read more here.Read full newsRead More
First Interstate BancSystem, Inc. (NASDAQ:NASDAQ:FIBK) Q4 2022 Earnings Conference Call January 27, 2023 11:00 AM ETCompany ParticipantsLisa Slyter-Bray - Executive AssistantKevin Riley -...Read full newsRead More
The first data point in favor of further gains to come is that the rally began on Nov 3 at 1618, when the Fed confirmed the pivot. Click here to read more.Read full newsRead More
WSFS Financial Corp (NASDAQ:NASDAQ:WSFS) Q4 2022 Earnings Conference Call January 27, 2023 1:00 PM ETCompany ParticipantsDominic Canuso - EVP & CFORodger Levenson - Chairman, President...Read full newsRead More
The HPI fund provides exposure to preferred stocks and corporate bonds. The fund pays an attractive 8.5% distribution yield. Click here to read my analysis.Read full newsRead More
Mo-BRUK looks attractive, but question marks remain. Here's what investors need to know about MBRFF stock.Read full newsRead More
Wolfspeed offers attractive leverage to vital SiC capacity and future growth from BEV adoption. Click here to read my analysis of WOLF stock.Read full newsRead More
Saudi Arabia's PIF is already a major shareholder of Lucid Group. A takeover by PIF could make sense for both. Click here for more on this rumored LCID deal.Read full newsRead More
There's a lot of buzz around BuzzFeed's decision to use AI, but BZFD is generating losses, while revenue is not growing. Learn why I'm bearish on BZFD stock.Read full newsRead More
Marfrig Global Foods has been overly penalized by market reactions to inflation and the aftermath of the war in Ukraine. Click here to read my analysis of MRRTY stock.Read full newsRead More
Despite a huge energy shock in the economy, production has held up well. There are no miracles here, though.Read full newsRead More
Several other banks have traded down in sympathy. Here is a bank shot on the Silvergate carnage. Read more here.Read full newsRead More
Cielo S.A. (OTCPK:CIOXY) Q4 2022 Earnings Conference Call January 27, 2023 10:30 AM ETCompany RepresentativesEstanislau Bassols - Chief Executive OfficerFilipe Oliveira - Chief Financial...Read full newsRead More
A large position has been taken in Snowflake at Joel Greenblatt's Gotham Asset Management. SNOW has also been held at Berkshire Hathaway since its IPO. Read more here.Read full newsRead More
Southside Bancshares, Inc. (NASDAQ:NASDAQ:SBSI) Q4 2022 Earnings Conference Call January 27, 2023 12:00 PM ETCompany ParticipantsLindsey Bailes - VP, IRLee Gibson - President and CEOJulie...Read full newsRead More
Provident Financial Services, Inc. (NYSE:NYSE:PFS) Q4 2022 Earnings Conference Call January 27, 2022 10:00 AM ETCompany ParticipantsAdriano Duarte - Head of Investor RelationsTony...Read full newsRead More
CVRx, Inc. (NASDAQ:NASDAQ:CVRX) Q4 2022 Earnings Conference Call January 26, 2023 5:30 PM ETCompany ParticipantsMike Vallie - Westwicke, ICR CompanyNadim Yared - President and Chief...Read full newsRead More
Invesco Dynamic Energy Exploration & Production ETF is a quant based fund that invests in oil & gas stocks. See why we think it's a good entry point into PXE.Read full newsRead More
South Plains Financial Inc. (NASDAQ:NASDAQ:SPFI) Q4 2022 Earnings Conference Call January 26, 2023 5:00 PM ETCompany ParticipantsSteve Crockett - Chief Financial Officer and TreasurerCurtis...Read full newsRead More