|Bid||3,450.00 x 6500|
|Ask||3,750.00 x 5600|
|Day's Range||3,620.00 - 3,691.00|
|52 Week Range||2,960.00 - 3,873.00|
|PE Ratio (TTM)||23.55|
|Earnings Date||Nov 21, 2018|
|Forward Dividend & Yield||0.80 (2.29%)|
|1y Target Est||3,934.17|
Platinum prices are languishing near the lowest in a decade, but the biggest miners are barely cutting production. Although about half of South African output is estimated to be unprofitable, few companies are reducing production by a meaningful amount, with top supplier Anglo American Platinum Ltd. even ramping up. Any additional output in South Africa, which accounts for about 70 percent of global supply, would further weigh on a market that’s seen demand ebb in recent years.
Johnson Matthey, a global leader in science that makes the world cleaner and healthier, has secured a contract to license its autothermal reforming (ATR) and methanol technology for Methanex Corporation’s potential Geismar 3 Methanol Project. Johnson Matthey (JM) is pleased to announce it has been awarded a contract by Methanex to supply a licence for a 5,000 mtpd ATR methanol technology flowsheet, including associated engineering, proprietary equipment and catalyst supply.
Johnson Matthey Plc’s (LON:JMAT) released its most recent earnings update in March 2018, which indicated that the business faced a substantial headwind with earnings falling by -22.8%. Below, I’ve laidRead More...
Platinum prices tumbled to 10-year lows as the collapse of Turkey's lira rippled through markets and weakened the currency of top producer South Africa, underlining persistent oversupply of the autocatalyst metal.
Platinum prices tumbled to 10-year lows as the collapse of Turkey's lira rippled through markets and weakened the currency of top producer South Africa, underlining persistent oversupply of the autocatalyst metal. On the technical side, platinum has broken below key support at $800, its 2016 low and two long term uptrend lines.
A surplus of platinum and demand concerns due to a dispute over global trade have fuelled a sell-off that saw prices of the autocatalyst metal hit their lowest in a decade, below the cost of production for many mines in top producer South Africa. "Platinum looks incredibly cheap," said Mitsubishi analyst Jonathan Butler, predicting a rebound towards $900 an ounce. "It's technically oversold and well below the cost of production for many South African miners.
Johnson Matthey chief executive Robert MacLeod on Thursday shot down City talk of a break-up of the chemicals group saying it “would destroy the value of what makes JM great”.
Chemicals group Johnson Matthey (JMAT.L) said on Thursday it expected to start production in 2021-22 of a battery material it has developed with improved performance and reduced cobalt content to contain costs. The company has long relied on demand for its technology to curb emissions from diesel and gasoline vehicles, but said in September it was preparing for the shift to electric drives by investing 200 million pounds in developing next-generation technology. The new plant will be in Europe and should be producing at the start of the next decade, but Johnson Matthey has yet to decide where to build it, Chief Financial Officer Anna Manz said in a telephone interview.
Over the past 10 years Johnson Matthey Plc (LSE:JMAT) has returned an average of 2.00% per year from dividend payouts. The stock currently pays out a dividend yield of 2.19%,Read More...
While there are many different factors that make up a good investment, stocks that are able to provide investors with many appealing aspects tend to be more attractive than others.Read More...
Assessing Johnson Matthey Plc’s (LSE:JMAT) past track record of performance is a valuable exercise for investors. It enables us to reflect on whether the company has met or exceed expectations,Read More...
Johnson Matthey (JMPLY) appears to be a good choice for value investors right now, given its favorable P/E and P/S metrics.
Julian Sarkar has spent more than 10 years and around 600,000 euros ($740,000) making his small British company compliant with strict European Union regulations to import chemicals into the bloc. Now, incensed by the government's pursuit of what he sees as an extreme version of Brexit, he is shifting a third of his business into continental Europe, fearing that higher costs and bureaucracy will prove toxic for his firm over time. "I despair," said the 59-year-old, who will avoid UK ports when shipping goods from India and China into continental Europe with his firm Zanos.
Johnson Matthey Plc (LSE:JMAT) delivered an ROE of 16.83% over the past 12 months, which is an impressive feat relative to its industry average of 16.44% during the same period.Read More...
Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. Over the past 10 years, Johnson Matthey Plc (LSE:JMAT) hasRead More...
Truck engine giant Cummins is buying the battery systems unit of U.K.-based Johnson Matthey as the trucking industry moves toward alternative-fuel vehicles.
Johnson Matthey Plc (LSE:JMAT), a chemicals company based in United Kingdom, received a lot of attention from a substantial price movement on the LSE in the over the last fewRead More...
Johnson Matthey Plc’s (LSE:JMAT) released its most recent earnings update in September 2017, which confirmed that the business benefited from a robust tailwind, leading to a double-digit earnings growth ofRead More...