Oat_Phawat Triple Flag Precious Metals Corp (NYSE:TFPM) reported its first quarter results, highlighted by strong growth and climbing profitability. The timing of an ongoing ramp-up in gold-equivalent ounces (GEOs) sales from the group’s streaming and royalties portfolio has benefited from the favorable metals pricing environment. Shares of TFPM have returned 25% year to date, outperforming…
sharply_done A few months ago, I wrote an initiating article on B2Gold Corp. (NYSE:BTG), rating a speculative buy for those with a strong stomach for mine development risks. B2Gold is developing the large Goose mining project (I had formerly called it ‘Back River’ to be consistent with historical geography) which is expected to produce over…
Torsten Asmus Sharply rising precious metals prices and strong fiscal and monetary stances in EM bonds may provide opportunities for emerging markets debt investors. The VanEck Emerging Markets Bond Fund (EMBAX) was up 0.73% in March, compared to +1.03% for its benchmark, the 50% J.P Morgan Government Bond Index- Emerging Markets (GBI-EM) Global Diversified and…
pedrosala/iStock Editorial via Getty Images Introduction With shares dropping from $300 to $260, McDonald’s (NYSE:MCD) is once again close to the price range that triggered my last buy rating on the stock. As the fast-food behemoth’s Q1 earnings approach, I have the urgency to go over the company and assess whether this may be a…
J Studios/DigitalVision via Getty Images Introduction Looking at recent market trends, it is easy to overlook the fact that the price of gold has suddenly shot up after many years of stagnation and has outperformed the majority of other assets over the past few months: Seeking Alpha, author’s notes There might be various arguments why…
Dragon Claws Fundamentals: This past week, gold prices went up and down a lot, hitting new highs over $2200 per ounce at one point. This was all happening around a big meeting by the Federal Reserve, which is like the central bank of the United States. They talk about and decide on things like interest…
tbradford/iStock Unreleased via Getty Images We previously covered McDonald’s Corporation (NYSE:MCD) in June 2022, discussing its inflation-proof and recession-proof prospects during the potential bear market after the hyper-pandemic boom. While we had believed its offerings and stock to be highly resilient, the stock had also been overly prudently rated as a Hold then, with us…
Kira88 Fundamentals: On Tuesday, the price of gold went way up, hitting over $2,100 per ounce in New York, a record high. This happened because a lot of big economic things are going on in the world right now that are making investors very interested in gold. One big reason is that when you adjust…
James Osmond/The Image Bank via Getty Images Silvercorp Metals Inc. (NYSE:SVM) (TSX:SVM:CA) is a Canadian mining company with assets in China, primarily in the Ying and GC mining districts. It generates approximately 60% of its revenues from silver, 5% from gold, and the remainder from base metals like lead and zinc. A transformative acquisition There…
Ravitaliy Fed uncertainty leaves gold range-bound in January; industrial uses for silver may add luster to the metal’s outlook. Monthly gold market and economic insights from Imaru Casanova, Portfolio Manager, featuring her unique views on mining and gold’s portfolio benefits. Gold pauses on rate outlook Gold traded in a tight range in the first month…
Sean Anthony Eddy Introduction Two events have reshaped the economics of financial exchange management. First, the death of LIBOR revealed the exposure of futures exchange major markets to sudden death due to futures exchanges’ lackadaisical attitude resulting in their failure to protect the viability of the spot markets used to settle their important futures contracts….
SDI Productions/E+ via Getty Images Northrim BanCorp (NASDAQ:NRIM) is a small bank that capitalizes only $300 million and operates in Alaska. Although not well known among retail investors, I find this bank very interesting and apparently the market thinks the same: its price per share is near an all-time high. This bank has fully recovered…
troyek It is safe to say that we got the thesis wrong about Intel Corporation (NASDAQ:INTC). When you get such price action after your first (and only) “Sell” call, then you have to acknowledge that you got things wrong. 3 Things The Wall Street Cheerleaders Are Getting Wrong Even more embarrassingly, this is total return…
Nicholas Smith Investment Thesis Background Deere & Company (NYSE:DE) has built one of the most recognizable brands in the world, leading to strong customer loyalty. The company also boasts one of the most diverse and advanced portfolios of products in the agriculture and construction industries. DE Business Overview (Deere Investor Relations) Despite being one of…
Anne Czichos Above: Wow the customers and keep wowing them to build a fortress in the upscale customer segment no matter where you develop–Steve Wynn. Timeline: On November 27, we posted our view of Wynn Resorts, Limited (NASDAQ:WYNN) on Seeking Alpha, a day on which the stock traded at $86. Our call then: The stock…
Mohijaz/iStock via Getty Images Investment Thesis Dry bulk shipping has seen large volatility in rates recently. A doubling of rates for the larger Capesize vessels came and went like the morning dew. Much of this is likely a result of the fervent fixing of vessels by the Chinese to restock commodities for deliveries before their…
josefkubes/iStock Editorial via Getty Images British American Tobacco or BAT (NYSE:BTI) investors endured significant volatility over the past week, as management stunned the market with a substantial writedown in its recent pre-close trading update for 2023. I last updated BAT investors in August 2023, assessing a double-bottom opportunity leading to a sustained bullish reversal of…
XRP has shown little or no action of late but its luck may just be about to change, according to popular crypto analyst JD. XRP has shown little or no action of late but its luck may just be about to change, according to popular crypto analyst JD. JD’s submission is based on a historical…
The recent outcome of the 1st round in the elections in Argentina, will send Sergio Massa and Javier Milei into the 2nd runoff round. Javier Milei a Libertarian recently entering the political arena as an outsider, will compete for the presidency with Sergio Massa, the current Minister of Economics, running for the incumbent and rebranded…
Alfio Manciagli Investment Thesis B2Gold (NYSE:BTG) is a globalized gold-mining company, operating several low-cost mines and several exploratory digs on almost every continent. BTG is a cash-rich power player in the low AISC (All In Sustaining Cost) mining world and still maintains an attractive valuation. You can read more about the broader macro forces on…
tum3123 While China’s recovery will aid trade and benefit other emerging markets (EMs), at a sector level, local, consumption-driven growth will remain a core theme for many EM economies, according to Franklin Templeton Emerging Markets Equity. Three things we are thinking about today: Golden Week: The first week of October in China is known as…
Aaron Davidson/Getty Images Entertainment Thesis Leading U.S. energy stocks like Exxon Mobil Corporation (XOM) and Chevron Corporation (CVX) have delivered strong returns recently (see the first chart below). To wit, they have delivered total returns of 12.58% and 8.17%, respectively). In contrast, the leading energy stocks from our northern neighbor went in the opposite direction…
Eakarat Buanoi/iStock via Getty Images Palantir Technologies (NYSE:PLTR) is suddenly one of the most over-hyped AI software plays around. The unliked enterprise software data play was so hated the stock traded below $8 back in early May. My investment thesis is Bearish on the stock heading in Q2’23 numbers after the close on Monday with…
Receive free Capital markets updates We’ll send you a myFT Daily Digest email rounding up the latest Capital markets news every morning. The golden age of doing nothing has arrived for investors, just in time for summer. Fund managers often find that the August escape to the beach (in the northern hemisphere at least) is…