|Bid||46.42 x 3000|
|Ask||48.20 x 900|
|Day's Range||46.24 - 46.87|
|52 Week Range||38.04 - 48.22|
|Beta (3Y Monthly)||0.53|
|PE Ratio (TTM)||22.73|
|Forward Dividend & Yield||2.20 (4.77%)|
|1y Target Est||53.30|
Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that's why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […]
BHP Group (ASX:BHP), a large-cap worth AU$176b, comes to mind for investors seeking a strong and reliable stock investment. One reason being its ‘too big to fail’ aura which givesRead More...
China’s February Trade Data Compounded Slowdown Fears(Continued from Prior Part)China’s February copper importsPreviously in this series, we discussed China’s February steel and aluminum exports. However, copper is a different story. China
Freeport Looks Solid as Long-Awaited Supply Disruption HitsFreeport Freeport-McMoRan (FCX), the leading US-based copper miner, has been strong this year. The stock has seen upwards price action of 27.5% so far in the year based on its closing prices
BHP Group (BBL) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Since BHP Group (ASX:BHP) released its earnings in June 2018,Read More...
The retailer earned an adjusted $1.41 per share for the fourth quarter, beating estimates by 8 cents a share. Revenue also beat Wall Street forecasts. U.S. comparable-store sales rose 4.2 percent, topping the Refinitiv consensus of a 3.2 percent increase.
Why Freeport-McMoRan Is Surging TodayFreeport-McMoRan Freeport-McMoRan (FCX), the leading US-based copper miner (XME), is trading with gains of 5.5% as of 11:55 AM EST. Southern Copper (SCCO) and First Quantum Minerals (FM) have gained 1.6% and 1.4%,
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! This article is written for those whoRead More...
The outlook for mining companies is still upbeat even if economic growth slows, although it pays to be choosy, according to Goldman Sachs.
Billiton (BBL) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Q4 Earnings: Why Cleveland-Cliffs’ Upside Could Be Far from Over(Continued from Prior Part)Vale’s dam burst On January 25, a major disaster struck Vale (VALE) when a dam ruptured at its iron ore mine in the state of Minas Gerais in Brazil (EWZ)
Will Iron Ore Breach $100 in the Wake of Vale's Dam Collapse?(Continued from Prior Part)Iron ore’s price upside As we discussed earlier in this series, the clampdown on Vale (VALE) is just getting started. There could be repercussions on the
Will Iron Ore Breach $100 in the Wake of Vale's Dam Collapse?(Continued from Prior Part)Vale’s loss is its peers’ gain The clampdown on Vale (VALE) stock is expected to continue. It’s been spiraling downward since the dam disaster struck. From
Will Iron Ore Breach $100 in the Wake of Vale's Dam Collapse?Vale’s dam burst Following Vale’s (VALE) dam collapse on January 25, iron ore prices have been rising. On February 7, prices reached nearly a two-year high. On January 30, Vale
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Petra Diamonds Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Vale: More Issues after the Dam DisasterVale’s dam disaster On January 25, another disaster struck Vale (VALE) when a dam ruptured at its iron ore mine in Brazil’s (EWZ) Minas Gerais state. The collapse killed 150 people. Nearly 200 people are
"In 2018 we invested $12 billion of organic capital, underpinned by continued gains in execution performance, great delivery from the team and thereby creating the space for the BHP transaction," BP Upstream CEO Bernard Looney said. This proved overly cautious," J.P. Morgan analyst Christyan F. Malek said. The high cost of the deal did raise questions shortly after its close, as the closure on November 1 saw oil prices on the WTI crude decline from around $67 per barrel to around $40 per barrel on Christmas Eve.
Want to help shape the future of investing tools? Participate in a short research study and receive a 6-month subscription to the award winning Simply Wall St research tool (valued Read More...
Could China’s Slowdown Weigh on Iron Ore Prices This Year?(Continued from Prior Part)China’s steel prices Bumper margins prompted Chinese steel mills to continue increasing their output. In 2017, Chinese steel prices rose ~30%, and they remained
Could China’s Slowdown Weigh on Iron Ore Prices This Year?(Continued from Prior Part)Daily average output slides Previously, we looked at how Chinese iron ore imports stayed weak last year due to lower steel production. As reported by Reuters,