|Bid||53.89 x 1800|
|Ask||0.00 x 1100|
|Day's Range||54.67 - 55.00|
|52 Week Range||43.19 - 57.25|
|Beta (3Y Monthly)||0.25|
|PE Ratio (TTM)||26.83|
|Forward Dividend & Yield||2.36 (4.32%)|
|1y Target Est||49.77|
Natural gas prices have seen some volatility over the past few months, bouncing between highs near $3.00 per million British thermal units (MMBtu) and lows just above $2.50. The commodity currently trades at roughly $2.
Rising steel prices and government props for the China economy helped boost the country's steel output in the first quarter.
London markets were marginally lower as mining giant BHP Group PLC followed rivals in cutting iron ore production guidance. How did markets perform? The U.K.’s FTSE 100 (UK:UKX) fell 0.1% to 7,459.1. It had risen 0.
If you aren't already betting on metals and mining stocks, you ought to consider doing so now. The sector faces "a 'Goldilocks' backdrop," states a recent report from British bank Barclays, which cites dovish interest rate policy from the Federal Reserve, improving economic conditions in China, and positive U.S.-China progress on trade. were recently up 24% and 38%, respectively, so far this year according to Morningstar. Both produce iron ore as well as other industrial metals.
In 2013 Andrew Mackenzie was appointed CEO of BHP Group (ASX:BHP). This analysis aims first to contrast CEO compensation with other large companies. After that, we will consider the growth in the business. Third, we...
A weekly look at what occurred in the oil markets of the U.S. and the world this past week. The monthly reports of the International Energy Agency and OPEC, both released this past week, reflect just how much the world's crude oil markets have tightened. The first is what OPEC refers to as the "difference" and what the IEA refers to as the "call." It's the amount of crude oil that is needed to be produced by OPEC to keep the market from drawing or building inventories.
It’s also why Kelley and his colleagues are now concerned that United Nations officials and atomic regulators are poised to loosen rules on the industry, unlocking finance to take more radioactive material out of the ground without corresponding new checks. “Uranium extraction from phosphates flies under the radar,” said Kelley who also inspected phosphate plants in Egypt and Syria as a director with the International Atomic Energy Agency. Diplomats at the UN and IAEA have proposed reclassifying uranium as a “critical material.” That would allow countries to tap funding from the World Bank and other development institutions to ensure supply under the guise of the UN’s sustainable development goals.
Is the Party Just Getting Started for Iron Ore Miners?(Continued from Prior Part)Barclays upgrades iron ore price forecast Barclays is optimistic about the iron ore price outlook given the supply disruptions from Australian miners as well as Vale’s
Is the Party Just Getting Started for Iron Ore Miners?(Continued from Prior Part)Credit Suisse As iron ore supply disruptions, at least from Vale (VALE), don’t look likely to go away easily, analysts have started another round of upgrades for iron
Is the Party Just Getting Started for Iron Ore Miners?(Continued from Prior Part)Supply disruptions and inventoryAs the supply disruptions from the world’s two largest iron ore exporters, Brazil and Australia, have started showing in the export
Is the Party Just Getting Started for Iron Ore Miners?(Continued from Prior Part)Vale’s dam disasterVale’s (VALE) iron ore production and shipments estimates have been negatively impacted by the dam burst on January 25. You can read Vale’s Q4
Is the Party Just Getting Started for Iron Ore Miners?Iron ore prices touch five-year high Iron ore prices are again touching multiyear highs. According to the Metal Bulletin, the benchmark iron ore prices (62% iron ore content) surged to ~$95.3 per
(Bloomberg) -- BHP Group Ltd. will cut jobs in a continuing effort to reduce bureaucracy under a previously foreshadowed streamlining strategy, a person familiar with the matter said.
Is Adobe Inc. (NASDAQ:ADBE) a healthy stock for your portfolio? Money managers are becoming more confident. The number of long hedge fund bets moved up by 5 recently. Our calculations also showed that ADBE is among the 30 most popular stocks among hedge funds, ranking 16th. Hedge fund sentiment towards Adobe is currently at an […]
Vale’s Q4 Results: Why Analysts' Sentiments Are Trending Down(Continued from Prior Part)Vale’s shift in ratingsVale (VALE) stock has seen a significant shift in ratings since its dam burst in January 2019. Currently, only 37% of the 24 analysts
Freeport-McMoRan: Bulls Short of Ideas amid Macro Uncertainty(Continued from Prior Part)Freeport-McMoRan’s valuation Freeport-McMoRan (FCX) is valued at 9.4 times its 2019 expected EBITDA and 7.0 times its 2020 expected EBITDA. This valuation looks
Vale’s Q4 Results: Why Analysts' Sentiments Are Trending Down(Continued from Prior Part)Vale’s iron ore production Vale’s (VALE) iron ore production came in at 101 million tons in the fourth quarter of 2018, an increase of 8.2% YoY
Why Cleveland-Cliffs Stock Could See More Upside(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 Brazilian (EWZ) state of Minas Gerais. Since then,
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! If you want to know who really controls BHP Group (ASX:BHP), then you'll have to look at the makeup of its share registry...
During the fourth quarter the Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by nearly 7 percentage points as investors worried over the possible ramifications of rising interest rates. The hedge funds and institutional investors we track typically invest more in smaller-cap stocks than an average investor (i.e. only 298 S&P 500 […]
Why Vale’s Problems Will Likely ContinueVale’s dam burst Vale’s (VALE) problems don’t seem to be ending anytime soon. On January 25, a dam ruptured at Vale’s iron ore mine in Brazil’s (EWZ) Minas Gerais state. Due to the collapse, close